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

RBC CENTRE, 155 WELLINGTON ST W:TORONTOTORONTOCanada37.5Full timeINSURANCERegularSalaried2025-05-282025-06-11

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.