Job Summary Job Description What is the opportunity? Data Analytics play critical roles for management in navigating today complex business environment. The CIO Function for RBC Insurance is looking for a highly skilled quantitative researcher. This role offers a unique opportunity to work closely with data engineers, researchers to the development and execution of data-driven strategies. The ideal candidate will participate from data acquisition, alpha generation to portfolio construction and risk analysis. What will you do? Develop and maintain machine learning models to identify and deliver high impact solutions that enhance trading workflow, alpha generation based on return forecasts, fundamentals, market technical etc. – all within the binding constraints of a bank owned insurer Construct a quantitative approach to enhance credit risk monitoring process and integrate natural language process to extract credit relevant signal from earning calls, regulatory filings and macroeconomics news Use AI methods to detect mis pricings and regime shifts across bond universe Design portfolio optimizer and implement robust back testing framework to evaluate strategy performance – focused on benchmark design/implementation Assist in portfolio construction, strategic and tactical asset allocation and constraint management Partner with data engineers, and other researchers within the team to shape public/private portfolio positioning, refine and implement strategies. Document the process and monitor strategy performance and develop tools to track key metrics and identify anomalies. Create centralized, well maintained shared Python libraries within team. What do you need to succeed? Must-have Advanced Degree (master’s or PhD) in Computer Science or other technical or quantitative field. 4+ years of experience in quantitative research role. 1-2 + years’ experience of building Machine Learning models in a front office role. Experience with portfolio optimization, quantitative factor modeling and time series analysis. Programming proficiency in Python, R, or similar for model development and data analysis. Nice-to-have Strong experience in fixed income analytics platforms (Bloomberg PORT, Yield Book, etc.) Dashboard visuals experience such as Tableau and experience with Snowflake Excellent communication skills and the ability to collaborate across investment, risk and other functional partners. What’s in it for you? We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual. A comprehensive Total Rewards Program including bonuses and flexible benefits and competitive compensation Leaders who support your development through coaching and managing opportunities Work in a dynamic, collaborative, progressive, and high-performing team Opportunities to take on progressively greater accountabilities Access to a variety of job opportunities across business and geographies Job Skills Communication, Critical Thinking, Detail-Oriented, Financial Instruments, Investment Banking Analysis, Investments Analysis, Personal Development, Personal Initiative, Quantitative Methods, Risk Management Additional Job Details Address: RBC CENTRE, 155 WELLINGTON ST W:TORONTO City: TORONTO Country: Canada Work hours/week: 37.5 Employment Type: Full time Platform: INSURANCE Job Type: Regular Pay Type: Salaried Posted Date: 2025-05-28 Application Deadline: 2025-06-11 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Inclusion and Equal Opportunity Employment At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all. Join our Talent Community Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com. Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com.? We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.
