2027 Capital Markets, Quants Summer Associate, Quantitative Technology Services

2027 Quants Summer Associate, Quantitative Technology Services

About RBC Capital Markets

RBC Capital Markets is a premier investment bank that provides a focused set of products and services to corporations, institutional investors, and governments around the world. With more than 7,100 professionals, we operate out of 70 offices in 15 countries across North America, the U.K., Europe, and the Asia-Pacific region.

We work with clients in over 100 countries around the globe to deliver the expertise and execution required to raise capital, access markets, mitigate risk, and acquire or dispose of assets. According to Bloomberg and Dealogic, we are consistently ranked among the largest global investment banks.

RBC Capital Markets is part of Royal Bank of Canada (RBC), a leading provider of financial services. Operating since 1869, RBC is one of the top 15 largest banks in the world and the fifth largest in North America, as measured by market capitalization. With a strong capital base and consistent financial performance, RBC is among a small group of highly rated global banks.

What Will You Do?

This is a 10-week summer program. Summer Associates have the opportunity to gain in-depth knowledge of Capital Markets, establish strong partnerships with business units and technologists around the world, and develop their skills by providing creative technical solutions to solve complex business issues. We offer a tailored approach to career development based on the combined interests of our Associates and the growing needs of our businesses. Summer Associate development will include best-in-class on-the-job and in-class training and mentorship.

Principal Responsibilities

• Responsible for a range of project work and daily support as outlined by the given business.
• Increase efficiencies in the current department.
• Analyze business requirements and translate them into technical specifications.
• Design, development, coding, code reviews, and testing of applications in line with Software Development Life Cycle (SDLC) best practices.
• Support release and incident management of applications.
• Develop and implement tools to support trading and risk management activities.
• Support large federal projects involving front-office risk aggregation and analysis.
• Gather new requirements from the trading desk and manage delivery of solutions through quant libraries and associated IT systems.
• Maintain and improve existing pricing tools and operational framework.
• Provide general day-to-day quantitative support to trading desk quants and the trading desk in general.
• Carry out special projects related to pricing models, trades, and risk management.
• Assist with pricing of new products and feasibility of modeling approaches.
• Provide desk-based research assistance as required.

Basic Qualifications

• Pursuing a Master’s or PhD, graduating in December 2027 or May 2028.
• Completion of a four-year university degree in Computer Science, Engineering, or Mathematics (or a comparable rigorous scientific field) with academic excellence.
• High qualifications in the physical sciences, mathematics, and computing.
• Knowledge of derivatives and financial products for trading, pricing, and risk management.
• Advanced mathematics and programming skills in languages such as Python, C++, R, and Java.
• Knowledge of relevant applications and risk management systems and IT.
• Spreadsheet and tool-building experience.
• Ability to manage multiple competing priorities and thrive in a fast-paced and challenging environment.
• Strong teamwork and communication skills.

Other Required Qualifications

• Must be a self-starter.
• Ability to work in a fast-paced environment.
• Strong communication skills (spoken and written).
• Analytical skills for transforming defined business needs into software requirements.
• Knowledge and understanding of software design principles and development best practices across the full life cycle.
• Self-managed and results-oriented with a keen sense of ownership.
• Desire and commitment to learn and adapt as needed.
• Time management and the successful engagement of multiple initiatives simultaneously.
• Troubleshooting, problem-solving, and a detail-oriented work ethic.
• No licenses required.
• No designations required.

Compensation

The good-faith expected salary range for the above position is $140,000, depending on factors including but not limited to the candidate’s experience, skills, registration status, market conditions, and business needs.

• Drives RBC’s high performance culture.
• Enables collective achievement of our strategic goals.
• Generates sustainable shareholder returns and above market shareholder value.

Additional Job Details

• Address: BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET, New York
• City: New York
• Country: United States of America
• Work hours/week: 40
• Employment Type: Full time
• Platform: CAPITAL MARKETS
• Job Type: Student/Coop (Fixed Term)
• Pay Type: Salaried
• Posted Date: 2026-09-02
• Application Deadline: 2026-10-15