Quant Trader

RBC - New York, NY4.0

What is the opportunity?

The Central Funding Group requires ongoing and advanced mathematical modeling in order to remain competitive and generate proprietary revenue

What will you do?

Preparation of ETF baskets for trading
Daily reconciliation of future and stock breaks
Assisting with pricing and execution of exchange traded funds
Reporting of OTC trades off the exchange
Dealing with any issues that may arise in connection to reporting requirements
Booking ETF trades
Recording and reporting end of day P&L
Maintain relationships with broker dealer counterparties
Travel to visit broker dealer counterparties as necessary
Proactively identify operational risks/ control deficiencies in the business
Review and comply with Firm Policies applicable to your business activities
Escalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions promptly.
Research, development, and implementation of mathematical models and trading strategies
Creating new market making strategies for electronically traded products
Maintenance and Improvement of existing trading models and operational framework
Development and Implementation of miscellaneous tools to support trading and risk management activities
Conduct backtests and statistical evaluations of proposed model changes
Enhance research infrastructure and data handling to facilitate more efficient backtesting

What do you need to succeed?


Experience supporting quantitative electronic trading
Solid understanding of markets, financial statements, and statistics
Strong written, verbal, analytical, organizational and time management skills
Strong Interpersonal/team work skills, including ability to work effectively and efficiently in an Individual or team setting
Demonstrated ability to complete multiple projects while working effectively under pressure and prescribed deadlines
Able to handle confidential matters with discretion and good judgment.
Graduate degree in finance or mathematics
Technical programming skills, including high level programming languages such as C/C++/C#, Java or scripting languages such as Perl, Python, or Matlab.
Knowledge of well-established operating systems such as Unix, Linux, Windows
Quantitative and financial analytic skills, including experience with data analysis and building models
Database experience
Familiarity with debugging tools, experience with performance optimization, etc,

Creative and decisive thinking, strong analytical skills
Relevant job experience
Current FINRA Securities Licenses a plus
Extensive Mathematical programming experience, Including possibly Perl or S-Plus

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, competitive compensation
Leaders who support your development through coaching and managing opportunities
Ability to make a difference and lasting impact
Work in a dynamic, collaborative, progressive, and high-performing team