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Commodities Quant Jobs in Toronto, ON (NOW HIRING)

Manulife

Senior Analyst, Model Risk Management

Toronto, ON · Hybrid

CA$65K - CA$109K/yr

Proficiency in quantitative modeling of interest rates, inflation, foreign exchange rates, equities, and commodities for derivative pricing and risk computation. * Strong programming skills in MATLAB ...

BMO Capital Markets

Associate, Data Scientist

Toronto, ON

CA$90K - CA$120K/yr

... Commodities, and Foreign Exchange. Collaborate with trading desks, investment banking teams, and ... D. in Computer Science, Mathematics, Physics, or a related quantitative field (focus on finance ...

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Commodities Quant information

What is a commodities quant?

Commodities Quants are quantitative analysts who specialize in the commodities markets, such as energy, metals, and agricultural products. They use mathematical models, statistical techniques, and programming skills to analyze market trends, price movements, and risk factors specific to these physical goods. Their work supports trading, risk management, and investment strategies in commodity-focused financial institutions or trading firms. Commodities Quants play a key role in pricing derivatives, optimizing portfolios, and developing trading algorithms tailored to the unique characteristics of commodity markets.

How does a commodities quant typically collaborate with traders and risk managers in their daily work?

Commodities Quants frequently work closely with traders and risk managers to develop and refine pricing models, analyze market trends, and implement trading strategies. They may spend part of their day discussing market scenarios with traders, running quantitative analyses, or optimizing risk metrics for the desk. This collaborative environment ensures that quantitative insights are directly aligned with trading objectives and risk guidelines, allowing for rapid feedback and iterative improvements to models or strategies. Effective communication and teamwork are essential, as the ability to translate complex quantitative findings into actionable insights often determines the impact of a Quant's work.

What are the key skills and qualifications needed to thrive as a commodities quant, and why are they important?

To thrive as a Commodities Quant, you need advanced quantitative skills, a strong foundation in mathematics or finance, and typically a degree in a quantitative field such as physics, engineering, or statistics. Expertise in programming languages like Python, C++, or R, and experience with statistical modeling software and market data systems are crucial. Analytical thinking, attention to detail, and effective communication help you interpret complex data and convey insights to multidisciplinary teams. These skills enable accurate pricing, risk management, and strategy development in the fast-paced, data-driven commodities markets.

What job categories do people searching Commodities Quant jobs in Toronto, ON look for?

The top searched job categories for Commodities Quant jobs in Toronto, ON are:

Commodities Quant jobs near you
Infographic showing various Commodities Quant job openings in Toronto, ON as of August 2026, with employment types broken down into 90% Full Time, 3% Part Time, 3% Contract, and 4% Nights. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution.

Vice President - Front Office Quantitative Analytics

Royal Bank of Canada

Toronto, ON

Full-time

Posted 4 days ago

Job description

Job Description

WHAT IS THE OPPORTUNITY?

As a Front Office Quantitative Analyst focused on Commodities you will work closely with the Sales and Trading teams. You will take ownership of quantitative initiatives that support trading and business development.

WHAT WILL YOU DO?

  • Partner with the trading desk to provide general day-to-day quantitative support to the trading desk.
  • Gather and communicate new business requirements from sales and trading desks.
  • Manage the delivery of solutions by leveraging in-house quantitative libraries and associated technology systems.
  • Maintain, improve and develop risk management tools and operational framework.
  • Develop and implement Commodity derivative pricing models to support trading and risk management activities.
  • Work closely with trading, sales, risk and other functional teams on special projects related to product development, model usage and regulatory compliance.

WHAT DO YOU NEED TO SUCCEED?

Must have:

  • Master or PhD degree in a quantitative discipline.
  • Minimum 4+ years of relevant experience
  • Expert knowledge of mathematical finance and derivatives pricing.
  • Advanced programming skills with experience in C++ and Python.
  • Strong written and oral communication skills.

Nice-to-have:

  • Experience in a desk-facing role
  • Knowledge of Commodities futures markets and derivatives.

What is in it for you?

We thrive on the challenge to be our best - progressive thinking to keep growing and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

  • A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensation
  • Leaders who support your development through coaching and managing opportunities
  • Opportunities to work with the best in the field
  • Ability to make a difference and lasting impact
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • A world-class training program in financial services
  • Flexible working options fully supported.

Job Skills

C++ Programming Language, Commodities, Communication, Derivatives Pricing, Mathematical Finance, Problem Solving, Python (Programming Language)

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-08-13

Application Deadline:

2026-09-25

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.

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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

Employment Type: FULL_TIME

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