Senior Quantitative Research Analyst
Skills
About this role
Job Description
What is the Opportunity?
Global Manager Research (GMR) is a team of analysts dedicated to providing investment manager research and due diligence in support of RBC’s global businesses and distribution platforms. The broader team consists of investment professionals located in Minneapolis, Toronto, Asia and London and supports an asset base in excess of $650 billion USD. The team conducts initial and on-going research, analysis and due diligence of investment management firms offering mutual funds, separately managed accounts, exchange-traded funds, and sub-advisory relationships.
The primary responsibility of the Senior Quantitative Research Analyst is to oversee all aspects of the quantitative tools and methods used to monitor, score, and source investment managers. This includes maintaining and improving existing tools, as well as creating and designing innovative tools that improve the efficiency, consistency and effectiveness of the research and due diligence process.
What will you do?
• Responsible for solution design, testing, and implementation of investment manager monitoring and sourcing tools • Lead key aspects of a quantitatively driven research projects from scoping, analyzing, developing, and execution • Create and document procedure to ensure consistency and repeatability • Deliver meaningful and timely insight, published reports, and recommendations for action to analysts and appropriate investment committees • Support and troubleshoot existing processes and implement change requirements as needed to maintain high level standards of deliverables • Seek to continually enhance skills and build knowledge in all aspects of the technical systems and tools • Mentor and develop team members to strengthen quantitative research capabilities and provide leadership through actions, knowledge, and experience • Foster cross-border collaboration across all four GMR teams and key stakeholders • Cultivate and manage strategic relationships with key internal and external partners
What do you need to succeed?
Must-have:
• Undergraduate degree with preferred concentration in computer science, statistics, math or finance • Minimum of 5 years of work experience, including at least 2 years of experience in the development and implementation of quantitative systems • Strong foundation of investment industry fundamentals: asset classes, investment types, manager strategies and performance/risk metrics • General understanding of current financial markets and economic conditions • Strong attention to detail with rigorous analytical diligence • Capacity to problem solve and resolve issues that arise in the day-to-day creation and maintenance of processes and tools • Proven ability to lead independently with minimal supervision and demonstrate high-level performance • Ability to collaborate effectively within a team environment • Adaptable to changing market conditions and evolving business priorities