2026 Capital Markets, Quants Summer Associate, Quantitative Technology Services

2026 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 a leading provider of financial services, Royal Bank of Canada (RBC). 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.

QTS - QUANT SUMMER PROGRAM

The QTS - Quant Summer Associate Program offers an opportunity to work at the intersection of finance, mathematics, and technology. Our team supports the quantitative models and technological infrastructure that power RBC's trading, pricing, and risk management operations. Summer Associates who demonstrate strong performance during the program may be considered for full-time positions upon graduation.

WHAT WILL YOU DO?

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 your 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. Associate development will include best-in-class on-the-job and in-class training and mentorship.

As a Summer Associate, your responsibilities may include:

• Contributing to project work and daily support activities as outlined by the business
• Assisting with increasing efficiencies in current department operations
• Supporting the analysis of business requirements and translations to technical specifications
• Participating in design, development, coding, code reviews and testing of applications
• Learning about release and incident management of applications
• Help develop tools to support trading and risk management activities
• Assisting with support for projects that involve front-office risk aggregation and analysis
• Supporting the maintenance of existing pricing tools and operational framework
• Providing quantitative support under guidance of experienced team members
• Contributing to special projects related to pricing models, trades, and risk management
• Assisting with research related to new products and modelling approaches
• Providing desk-based research assistance as required

WHAT YOU'LL LEARN

During your summer with us, you can expect to gain exposure to:

• Financial markets and quantitative analysis methods
• Software development practices in a financial institution
• Various programming languages and their applications in finance
• Risk management and pricing methodologies
• Professional communication in a corporate environment
• Teamwork in a fast-paced financial setting

BASIC QUALIFICATIONS

• Pursuing a Masters or PhD, graduating in December 2026 or May 2027
• Completion of a four-year university degree in Computer Science, Engineering or Mathematics (or comparable rigorous scientific field) with academic excellence
• Strong foundation in 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, Java
• Familiarity with applications and risk management systems
• Spreadsheet and tool building experience
• Ability to manage multiple competing priorities in a fast-paced environment
• Strong teamwork and communication skills

OTHER REQUIRED QUALIFICATIONS

• Self-starter mentality
• Ability to work in a fast-paced environment
• Strong communication skills - both spoken and written
• Analytical skills for transforming defined business needs into software requirements
• Knowledge and understanding of software design principles and development practices
• Self-managed and results-oriented with a sense of ownership
• Desire and commitment to learn/adapt as needed
• Time management and ability to engage in multiple initiatives simultaneously
• Troubleshooting, problem-solving and a detail-oriented work ethic
• No licenses required
• No designations required

PROGRAM DETAILS

Location:200 Vesey St, New York, New York
Program Dates:June - August 2026 (10 weeks)
Application Deadline:October 14th, 2025 - Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

COMPENSATION

The good-faith expected salary range for the above position is $140,000 (annualized) depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and play a critical role in attracting, engaging and retaining talent that:

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

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT

At RBC, we believe an inclusive workplace with diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. RBC is committed to equal opportunity employment regardless of race, color, religion, sex, national origin, age, disability, or other protected categories.

Additional Job Details

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.