Director, Senior Front Office Prepayment and Credit Quant

What is the opportunity?

The Director, Senior Front Office Prepayment and Credit Quant focuses on developing, implementing, and maintaining securitized products and structured credit default, prepayment, and pricing tools and otherwise providing analytic support to front office acquisition, management, and disposal of structured assets.

What will you do?

• Apply quantitative and programming skills to research, develop, test, and implement structured credit pricing / default / loss models

• Build and maintain agency and non-agency mortgage prepayment and default models

• Build front office analytic tools for trading and risk

• Proactively identify operational risks/ control deficiencies in the business

• Review and comply with Firm Policies applicable to CFG business activities

• Escalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions on a timely basis

What do you need to succeed?

Must have:

• PhD in Mathematics, Statistics, Computer Science, Engineering, Physical Sciences, or other numerate discipline

• 7+ years’ experience in securitized products model development including default / loss severity modeling

• Excellent skills and hands-on experience in model design and coding

• Excellent knowledge of MBS (agency/non-agency) and ABS

• Outstanding written and verbal communication skills

What’s 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 and flexible benefits, competitive compensation, commissions, and stock where applicable
•    Leaders who support your development through coaching and managing opportunities
•    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 work/life balance options
•    Opportunities to do challenging work

The Expected Salary Range For The Above Position Is $210,000 - $275,000 Depending On Factors Including But Not Limited To The Candidate’s Experience, Skills, Registration Status; Market Conditions; And Business Needs.  This Salary Range Does Not Include Other Elements Of Total Compensation, Including A Discretionary Bonus And Benefits Such As A 401(K) Program With Company-Matching Contributions; Health, Dental, Vision, Life And Disability Insurance; And Paid Time-Off Plan.

Rbc’s Compensation Philosophy And Principles Recognize The Importance Of A Highly Qualified Global Workforce And Plays 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

Job Skills

Additional Job Details

BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORKNew YorkUnited States of America40Full timeCAPITAL MARKETSRegularSalaried2025-10-052025-10-10

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.