Senior Quantitative Research Analyst
About The Position
Global Manager Research (GMR) is a team of analysts that provides investment manager research and due diligence in support of RBC’s global businesses and distribution platforms. The broader team includes investment professionals in Minneapolis, Toronto, Asia, and London and supports an asset base exceeding $650 billion USD. The team conducts initial and ongoing research, analysis, and due diligence of investment management firms offering mutual funds, separately managed accounts, exchange-traded funds, and sub-advisory relationships. The Senior Quantitative Research Analyst oversees the quantitative tools and methods used to monitor, score, and source investment managers. The role maintains and improves existing tools and creates and designs innovative tools to improve the efficiency, consistency, and effectiveness of the research and due diligence process. The analyst designs, tests, and implements monitoring and sourcing tools; leads quantitatively driven research projects; documents repeatable procedures; and delivers insights, reports, and recommendations to analysts and investment committees. The role also supports existing processes, develops team members’ quantitative research capabilities, and fosters collaboration and strategic relationships across teams and stakeholders.
Requirements
- Undergraduate degree; preferred concentration in computer science, statistics, math, or finance.
- At least 5 years of work experience, including at least 2 years developing and implementing quantitative systems.
- Strong foundation in investment industry fundamentals, including asset classes, investment types, manager strategies, and performance/risk metrics.
- General understanding of current financial markets and economic conditions.
- Strong attention to detail and rigorous analytical diligence.
- Ability to problem-solve and resolve issues 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 in a team environment.
- Adaptability to changing market conditions and evolving business priorities.
- Proficiency in advanced Excel, Python, JavaScript (D3.js, Leaflet.js), HTML5/CSS, API interactions, social media mining, SQL, Tableau, advanced statistics, machine learning, R, Git/GitHub, and ETL/ELT.
- Experience with database design, normalization, and data modeling, such as entity-relationship diagrams.
- Proven track record implementing and integrating complex technologies and cross-functional projects.
- Knowledge of AI tools and proactive exploration and implementation of AI-driven solutions to enhance productivity and workflow.
- Demonstrated curiosity about technological innovation.
Nice To Haves
- Proficiency in higher-level programming, or a strong desire to read, understand, and comprehend code.
- Solid understanding of investment analytical tools, including Morningstar Direct, FactSet, eVestment, and Bloomberg.
- Willingness to pursue a CFA/CAIA designation and other educational opportunities.
Responsibilities
- Design, test, and implement investment manager monitoring and sourcing tools.
- Lead key aspects of quantitatively driven research projects, from scoping and analysis through development and execution.
- Create and document procedures to ensure consistency and repeatability.
- Deliver meaningful and timely insights, published reports, and recommendations for action to analysts and appropriate investment committees.
- Support and troubleshoot existing processes and implement changes as needed to maintain high standards of deliverables.
- Continually enhance skills and build knowledge of 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 with key stakeholders.
- Cultivate and manage strategic relationships with key internal and external partners.
Benefits
- Comprehensive Total Rewards Program, including bonuses and flexible benefits.
- Competitive compensation, commissions, and stock where applicable.
- Development support through coaching and management opportunities.
- Opportunity to make a difference and lasting impact.
- Dynamic, collaborative, progressive, and high-performing team environment.
- World-class financial services training program.
- Flexible work/life balance options.
- Opportunities to do challenging work.
- Discretionary bonus.
- 401(k) program with company-matching contributions.
- Health insurance.
- Dental insurance.
- Vision insurance.
- Life insurance.
- Disability insurance.
- Paid time-off plan.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
