2027 Capital Markets, Global Markets Quantitative Trading Summer Analyst

RBC Capital Markets is an investment bank providing financial products and services to corporations, institutional investors, and governments worldwide. The Quantitative Trading Summer Analyst will support algorithmic trading teams by developing strategies, improving trading systems, evaluating models and technologies, and learning about electronic and high-frequency markets.

What you'll do:

• Assist in developing trading strategies, improve the speed of trading systems, and evaluate models and technologies
• Paper trade in your team’s asset class by working with voice traders to better learn our markets
• Gain experience for the products your team trades: FX, equities, interest rates, ETFs, etc
• Become immersed in a comprehensive education program for interns and junior traders/researchers that will develop critical quantitative skills and decision-making capabilities
• Gain a strong sense of ownership and pride for your work—we write code for ourselves, not for customers or a third party
• Understand what it would be like to have a career in quantitative trading, and work in a leading algo trading team
• Learn about high-frequency markets, how to write high-performance code, and how mathematics and statistics get applied in a trading business
• Learn how a professional electronic trading team manages the complexity of their stack and their market
• Network with other teams to explore career possibilities across finance

What they're looking for:

• Anticipated graduation in Winter 2027 or Spring 2028 at an accredited four-year college or university or master's program
• Engaged in study of Math, Physics, Engineering, Computer Science, or related technical field
• Strong programming skills, with experience in python and at least one compiled language (Java or C++)
• Ability to manage multiple competing priorities and thrive in a fast-paced and challenging environment
• Be reliable. Product quality code, meet deadlines, follow through on commitments, anticipate and prevent problems
• Be proactive. Apply even judgement and have the ambition to figure things out on your own
• Be diligent. Respond strategically to operational issues to instill confidence in our processes
• Be curious. Continually improve your skills. Take time to deliberately practice new skills and technologies that excite you

Benefits:

• Potential full-time offer after the summer program.
• A comprehensive education program for interns and junior traders/researchers that will develop critical quantitative skills and decision-making capabilities.
• Learn about high-frequency markets, how to write high-performance code, and how mathematics and statistics get applied in a trading business.
• Learn how a professional electronic trading team manages the complexity of their stack and their market.
• Network with other teams to explore career possibilities across finance.