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Quantitative Associate Jobs in Toronto, ON (NOW HIRING)

We are recruiting for Associates in the Risk department for a full-time rotational program based in ... Contribute to integrated risk insights by synthesizing quantitative analysis with qualitative ...

Associate

Toronto, ON ยท On-site

Salary: $70,000 + Bonus The Opportunity As an Associate, youll be a key contributor across all ... Strong Analytical & Quantitative Capabilities: Strong analytical and quantitative skills, with ...

Strong Analytical & Quantitative Capabilities: Strong analytical and quantitative skills, with comfort working in pricing, sales, and financial data * Commercial / Growth Mindset: Strategic, growth ...

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Pricing Associate

Toronto, ON ยท On-site

CA$45K - CA$48K/yr

- Pricing Associate The role of the Pricing Associate is to support Gallimore Products' business ... quantitative analysis. ยท Ability to work independently or as part of a team and thrive in high ...

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As a Senior Associate II at Curinos you will take on real responsibility and be exposed to a ... or a related quantitative field; masters or MBA preferred Why work at Curinos? * This is a ...

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Quantitative Associate information

See Toronto, ON salary details

$9

$48

$77

How much do quantitative associate jobs pay per hour?

As of Jul 26, 2026, the average hourly pay for quantitative associate in Toronto, ON is $48.73, according to ZipRecruiter salary data. Most workers in this role earn between $31.43 and $58.73 per hour, depending on experience, location, and employer.

How do Quantitative Associates typically collaborate with traders and technology teams in a financial firm?

Quantitative Associates often work closely with traders to understand their strategies and provide data-driven insights that improve trading outcomes. They also collaborate with technology teams to implement models into production systems, ensuring that algorithms are both effective and efficient. This cross-functional teamwork requires strong communication skills and a willingness to learn from professionals in different disciplines. Regular meetings, joint problem-solving sessions, and collaborative project management tools are commonly used to keep everyone aligned and drive successful outcomes.

What is the difference between Quantitative Associate vs Quantitative Analyst?

AspectQuantitative AssociateQuantitative Analyst
Required CredentialsTypically a master's degree in finance, mathematics, or related field; strong programming skillsSimilar educational background; often requires advanced quantitative skills and certifications
Work EnvironmentFinancial firms, hedge funds, asset management; collaborative teamsSame as Quantitative Associate; focused on model development and data analysis
Employer & Industry UsageCommon in investment banks, hedge funds, asset managersUsed interchangeably in many firms; both roles involve quantitative modeling
Search & Comparison IntentHigh overlap; both roles involve quantitative analysis and modeling

Both Quantitative Associates and Quantitative Analysts work in similar environments, requiring advanced degrees and strong analytical skills. The roles often overlap in responsibilities, focusing on developing models, analyzing data, and supporting trading or investment decisions. The main difference may lie in job titles used by different firms, but their core functions are quite comparable.

What jobs make $1,000,000 a year?

In the finance industry, senior roles such as hedge fund managers, private equity partners, and investment bankers can earn $1,000,000 or more annually, often through a combination of salary, bonuses, and profit sharing. Quantitative associates working in hedge funds or proprietary trading firms with successful strategies and significant assets under management may also reach this level, especially with performance-based incentives and advanced skills in data analysis and programming. High earnings typically require extensive experience, strong performance, and often a high level of education or certifications.

What is a quantitative associate?

A quantitative associate is a financial professional who applies mathematical, statistical, and programming skills to analyze data and develop models for trading, risk management, or investment strategies. They often work with tools like Python, R, or MATLAB and require strong analytical abilities and knowledge of finance or economics. The role typically involves collaboration with traders and analysts in a fast-paced environment.

What are the 4 types of quants?

Quantitative associates typically fall into four main categories: sell-side quants who develop trading models, buy-side quants who analyze investment strategies, risk quants who assess financial risks, and technology quants who build computational tools. These roles often require strong programming skills, statistical knowledge, and a solid understanding of financial markets.

Do quants make a lot of money?

Quantitative associates typically earn high salaries due to their specialized skills in mathematics, programming, and finance. Compensation often includes base salary, bonuses, and profit sharing, with total earnings varying based on experience, firm size, and performance.

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

To thrive as a Quantitative Associate, you need strong quantitative analysis skills, advanced knowledge of mathematics and statistics, and typically a degree in a quantitative field such as mathematics, finance, or engineering. Proficiency in programming languages like Python or R, data analysis tools, and experience with financial modeling platforms are commonly required. Attention to detail, problem-solving abilities, and effective communication help you translate complex data insights into actionable business strategies. These skills are critical for developing accurate models, managing risk, and supporting data-driven decision-making in financial environments.

What are Quantitative Associates?

Quantitative Associates are professionals who use mathematical, statistical, and computational techniques to analyze financial data and develop models for decision-making in fields such as banking, investment, and risk management. They often support senior quantitative analysts or traders by implementing algorithms, conducting data analysis, and providing insights to improve business strategies. These roles typically require strong skills in programming, mathematics, and finance, and are commonly found in investment banks, hedge funds, and financial technology firms.
What are the most commonly searched types of Quantitative jobs in Toronto, ON? The most popular types of Quantitative jobs in Toronto, ON are:
What are popular job titles related to Quantitative Associate jobs in Toronto, ON? For Quantitative Associate jobs in Toronto, ON, the most frequently searched job titles are:
What job categories do people searching Quantitative Associate jobs in Toronto, ON look for? The top searched job categories for Quantitative Associate jobs in Toronto, ON are:
Infographic showing various Quantitative Associate job openings in Toronto, ON as of July 2026, with employment types broken down into 1% As Needed, 69% Full Time, 28% Part Time, 1% Temporary, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $101,356 per year, or $48.7 per hour.
Quantitative Risk Associate

Quantitative Risk Associate

Royal Bank of Canada

Toronto, ON โ€ข On-site

Full-time

Posted 9 days ago


Job description

Job Description

What is the opportunity?

We are seeking a quantitative associate to support financial resource management and optimization for Global Markets. You will develop analytical solutions, monitoring systems, and pricing models that help the business optimize the consumption of critical resources-margin, capital, funding, and liquidity-while managing associated market and derivatives risks.

What will you do?

  • Develop and maintain analytical models, automated tools, and data infrastructure to monitor financial resources and liquidity metrics for Global Markets businesses

  • Provide cross-asset analytical support to sales and trading desks, assist with derivative pricing where it relates to the cost of resource consumption and secondary risks

  • Research, design and implement strategies to decompose and mitigate financial resource consumption costs while identifying opportunities to improve efficiency and eliminate operational risk

  • Work collaboratively across Front Office, GRM, Enterprise Risk, Finance, Legal, Compliance, and IT to research best practices, develop controls, and enhance risk management methodologies

What do you need to succeed?

Must have:

  • Master's degree in a quantitative discipline (Mathematics, Statistics, Engineering, Physics, Computer Science) 2+ years of relevant experience preferred

  • Proficiency in Python, C++, Java, SQL, Excel, VBA, OOP, algorithms, advanced problem solving, financial maths and engineering

  • Knowledge of derivative products, valuation methodologies, trading fundamentals, and regulatory frameworks such as Basel III

  • Ability to communicate technical concepts clearly to non-technical audiences

  • Experience with data processing, modeling, back-testing, and building scalable solutions

Nice to have

  • MMF, MQF or equivalent

What's in it for you?

  • A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable

  • Leaders who support your development through coaching and managing opportunities

  • Work in a dynamic, collaborative, progressive, and high-performing team

  • Ability to make a difference and lasting impact

  • Opportunities to do challenging work

  • Opportunities to take on progressively greater accountabilities

#LI-POST

Job Skills

Analytical Solutions, Analytical Support, Code Development, Communication, Critical Thinking, Finance, Financial Analysis, Financial Derivatives, Financial Modeling, Investment Risk Management, Market Risk, Problem Solving, Python (Programming Language), Quantitative Methods

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:

2026-04-17

Application Deadline:

2026-07-24

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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Employment Type: FULL_TIME