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Quantitative Risk Jobs in Toronto, ON (NOW HIRING)

This role sits at the intersection of investment analytics, quantitative/risk methodologies, and data/technology execution. The successful candidate will play a key role in transforming complex fund ...

Supports the research and development of quantitative risk modeling methodologies and related strategies in support of the management of risks arising from business/group portfolios and products.

Support preparation of inputs for Qualitative and Quantitative Risk Assessments * Coordinate with Estimating Lead and Scheduling Manager to align probability and impact values with validated basis of ...

Support preparation of inputs for Qualitative and Quantitative Risk Assessments * Coordinate with Estimating Lead and Scheduling Manager to align probability and impact values with validated basis of ...

The AVP, Model Validation Quantitative Analyst within the Quantitative Risk Control (QRC) supports best-practice model risk activities consistent with the MUFG Model Governance Program. The models ...

Develop and deploy quantitative risk assessment approaches. * Work with management and joint venture partners to develop and deploy mitigation strategies. * Partner with project teams to monitor risk ...

Integrate quantitative and qualitative risk analysis into project forecasts. * Lead RM3 activities, including audit preparation and coordination. * Act as key contact for audits, inspections, and ...

Developing and undertaking Quantitative Risk Analysis, including Cost, Schedule and integrated Cost and Schedule analysis * Facilitation of risk workshops in the client's environment * Analyze ...

Leads and directs the delivery of Project/Programme Quantitative Risk Analysis (cost and time). * Comments on the adequacy of contingency as part of the regular reporting cycle as required.

Leads and directs the delivery of Project/Programme Quantitative Risk Analysis (cost and time). * Comments on the adequacy of contingency as part of the regular reporting cycle as required.

Leads and directs the delivery of Quantitative Risk Analysis (cost and time). * Advises on the adequacy of contingency as part of the regular reporting cycle as required. * Ensures all activities ...

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Quantitative Risk information

How do Quantitative Risk professionals typically collaborate with other departments within a financial institution?

Quantitative Risk professionals frequently work with various teams such as trading, portfolio management, compliance, and IT. This collaboration helps ensure that risk models accurately reflect real-world exposures and regulatory standards. Effective communication is key, as Quantitative Risk staff must translate complex data and models into actionable insights for non-technical stakeholders. Regular cross-departmental meetings and project-based collaborations are common, promoting a dynamic and integrated work environment.

What is the difference between Quantitative Risk vs Quantitative Analyst?

AspectQuantitative RiskQuantitative Analyst
Primary FocusAssessing and managing financial risks using quantitative methodsDeveloping models and strategies to analyze financial data and inform investment decisions
Required CredentialsOften requires risk management certifications (FRM, PRM), advanced degrees in finance, mathematics, or statisticsTypically requires degrees in finance, economics, mathematics, or related fields; certifications like CFA may be common
Work EnvironmentFinancial institutions, risk management departments, banksInvestment firms, hedge funds, banks, financial services companies

Quantitative Risk professionals focus on identifying and mitigating financial risks through specialized models, while Quantitative Analysts develop analytical models to support trading, investment, and financial decision-making. Both roles require strong quantitative skills and often similar educational backgrounds, but their core objectives differ: risk management versus financial analysis and strategy development.

What is a Quantitative Risk Analyst?

A Quantitative Risk Analyst is a finance professional who uses mathematical models and statistical techniques to assess and manage financial risks for organizations, particularly in banking, investment, and insurance sectors. They analyze data, develop risk models, and help companies make informed decisions to minimize potential losses. Their work involves programming, data analysis, and communicating complex risk scenarios to stakeholders. Quantitative Risk Analysts play a crucial role in ensuring that organizations remain financially stable and compliant with regulatory requirements.

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

To thrive as a Quantitative Risk Analyst, you need strong analytical skills, expertise in statistics and mathematics, and a relevant degree such as finance, mathematics, or engineering. Familiarity with statistical software (such as R, Python, or SAS), risk modeling tools, and industry certifications like FRM or CFA is highly valued. Excellent problem-solving abilities, attention to detail, and effective communication skills help you interpret complex data and convey insights to stakeholders. These competencies are crucial for accurately assessing risk, supporting strategic decisions, and ensuring the financial stability of organizations.
What are the most commonly searched types of Quantitative Risk jobs in Toronto, ON? The most popular types of Quantitative Risk jobs in Toronto, ON are:
What job categories do people searching Quantitative Risk jobs in Toronto, ON look for? The top searched job categories for Quantitative Risk jobs in Toronto, ON are:
Infographic showing various Quantitative Risk job openings in Toronto, ON as of July 2026, with employment types broken down into 1% Locum Tenens, 70% Full Time, 28% Part Time, and 1% Contract. Highlights an 74% Physical, 4% Hybrid, and 22% Remote job distribution.
Quantitative Risk Associate

Quantitative Risk Associate

Royal Bank of Canada

Toronto, ON โ€ข On-site

Full-time

Posted 20 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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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