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Senior Quantitative Research Analyst

Minneapolis, Minnesota, United States of America

Actively hiring, first seen by us 2 days ago
Pay
$90,000–160,000/year · Total compensationAnnual period assumed. Includes bonus — pay source
Opportunities to do challenging work For Minnesota: The good-faith expected salary range for the above position is $90,000 - $160,000 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:
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Work setting
Not stated
Employment
Not stated

What you’ll work on

Full posting
  • Design, test and implement investment manager monitoring and sourcing tools

  • Lead quantitative research projects from scoping through execution

  • Deliver insights, published reports and action recommendations to investment committees

  • Document procedures to keep research consistent and repeatable

  • Mentor and develop team members in quantitative research

From the employer’s posting
Responsible for solution design, testing, and implementation of investment manager monitoring and sourcing tools
Lead key aspects of a quantitatively driven research projects from scoping, analyzing, developing, and execution
Deliver meaningful and timely insight, published reports, and recommendations for action to analysts and appropriate investment committees
Create and document procedure to ensure consistency and repeatability
Mentor and develop team members to strengthen quantitative research capabilities

What you’ll bring

All qualifications

Core experience

  • Proficient technical skills with strong capabilities including Advanced Excel, Python, JavaScript (D3.js, Leaflet.js), HTML5/CSS, API Interactions, Social Media Mining, SQL, Tableau, Advanced Statistics, Machine Learning, R, Git/GitHub, ETL/ELT
  • Proficient in higher level programming or a strong desire to read, understand and comprehend coding
  • Ability to make a difference and lasting impact
  • Communication, Critical Thinking, Detail-Oriented, Financial Instruments, Investment Banking Analysis, Investments Analysis, Personal Development, Personal Initiative, Quantitative Methods, Risk Management
  • 250 NICOLLET MALL:MINNEAPOLISCity:
  • 2026-10-20Application Deadline:
Qualification wording
Proficient technical skills with strong capabilities including Advanced Excel, Python, JavaScript (D3.js, Leaflet.js), HTML5/CSS, API Interactions, Social Media Mining, SQL, Tableau, Advanced Statistics, Machine Learning, R, Git/GitHub, ETL/ELT
Proficient in higher level programming or a strong desire to read, understand and comprehend coding
Ability to make a difference and lasting impact
Communication, Critical Thinking, Detail-Oriented, Financial Instruments, Investment Banking Analysis, Investments Analysis, Personal Development, Personal Initiative, Quantitative Methods, Risk Management
250 NICOLLET MALL:MINNEAPOLISCity:
2026-10-20Application Deadline:
Apply at Royal Bank of Canada

Posting record

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Actively hiringFirst seen by us 2 days ago, still listed, and not a repost of an earlier posting.

Status in our records
Live
First seen by us
Nov 1, 20262 days ago
Recorded sightings
4
Last seen by us
Nov 4, 2026
Employer says posted
Oct 20, 2026

These dates show when we found the posting. Check the employer’s website to confirm it is still accepting applications.

How this job compares

Pay

In line with similar jobs

$90K–$160K against $118K–$193K, the middle half of what similar US postings state.

From 3,721 postings in the last year. Stated ranges, not salaries paid.

Time since we first saw it

Day 2

Early. Similar jobs usually come down between day 7 and day 55.

From 9,990 similar postings that came down. Coming down is not always a hire.

Royal Bank of Canada is hiring

19 open jobs

Open jobs by the week we first saw them, last 12 weeks.

Hiring record

See how this role fits your experience

Add your resume and we’ll mark which of these tools you already use, and point out anything in the posting that could rule you out.

  • JavaScript
  • Python
  • R
  • SQL
  • Excel
  • Tableau
Where the posting names them
Technical Qualifications: - Proficient technical skills with strong capabilities including Advanced Excel, Python, JavaScript (D3.js, Leaflet.js), HTML5/CSS, API Interactions, Social Media Mining, SQL, Tableau, Advanced Statistics, Machine Learning, R, Git/GitHub, ETL/ELT - Experience with database design, normalization, and data modeling (e.g., entity-relationship diagrams)

Your next step

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About the role

We file this job under Data Scientist, by the work the posting describes.

Data scientists use statistics and models to answer harder questions, such as whether a change worked, what demand will look like next quarter, or which customers are likely to leave.

Postings usually ask for Python or R, SQL, statistics, experiment design and common machine learning methods.

Unlike an ML engineer, a data scientist's main output is often an analysis or a first model, not software running inside a product.

US government figures for data scientists

Median yearly pay, May 2025
$120,230
Expected change, 2025 to 2035
34.6% more jobsagainst 3.5% for all jobs

Source: US Bureau of Labor Statistics, Occupational Employment and Wage Statistics (May 2025) and Employment Projections (2025 to 2035). Occupation code 15-2051.

Job description

View original posting ↗

Job Description

What is the Opportunity?

 

Global Manager Research (GMR) is a team of analysts dedicated to providing investment manager research and due diligence in support of RBC’s global businesses and distribution platforms. The broader team consists of investment professionals located in Minneapolis, Toronto, Asia and London and supports an asset base in excess of $650 billion USD. The team conducts initial and on-going research, analysis and due diligence of investment management firms offering mutual funds, separately managed accounts, exchange-traded funds, and sub-advisory relationships.

 

The primary responsibility of the Senior Quantitative Research Analyst is to oversee all aspects of the quantitative tools and methods used to monitor, score, and source investment managers. This includes maintaining and improving existing tools, as well as creating and designing innovative tools that improve the efficiency, consistency and effectiveness of the research and due diligence process.

  

 

What will you do?

 

  • Responsible for solution design, testing, and implementation of investment manager monitoring and sourcing tools
  • Lead key aspects of a quantitatively driven research projects from scoping, analyzing, developing, and execution
  • Create and document procedure to ensure consistency and repeatability
  • Deliver meaningful and timely insight, published reports, and recommendations for action to analysts and appropriate investment committees
  • Support and troubleshoot existing processes and implement change requirements as needed to maintain high level standards of deliverables
  • Seek to continually enhance skills and build knowledge in all aspects of the technical systems and tools
  • Mentor and develop team members to strengthen quantitative research capabilities and provide leadership through actions, knowledge, and experience
  • Foster cross-border collaboration across all four GMR teams and key stakeholders
  • Cultivate and manage strategic relationships with key internal and external partners

 

 

 

What do you need to succeed?

Must-have:

  • Undergraduate degree with preferred concentration in computer science, statistics, math or finance
  • Minimum of 5 years of work experience, including at least 2 years of experience in the development and implementation of quantitative systems
  • Strong foundation of investment industry fundamentals: asset classes, investment types, manager strategies and performance/risk metrics
  • General understanding of current financial markets and economic conditions
  • Strong attention to detail with rigorous analytical diligence
  • Capacity to problem solve and resolve issues that arise in the day-to-day creation and maintenance of processes and tools
  • Proven ability to lead independently with minimal supervision and demonstrate high-level performance
  • Ability to collaborate effectively within a team environment
  • Adaptable to changing market conditions and evolving business priorities

 

Technical Qualifications:

  • Proficient technical skills with strong capabilities including Advanced Excel, Python, JavaScript (D3.js, Leaflet.js), HTML5/CSS, API Interactions, Social Media Mining, SQL, Tableau, Advanced Statistics, Machine Learning, R, Git/GitHub, ETL/ELT
  • Experience with database design, normalization, and data modeling (e.g., entity-relationship diagrams)
  • Proven track record in the implementation and integration of complex technologies and cross-functional projects
  • Knowledge of AI tools and proactive in exploring and implementing AI-driven solutions to enhance productivity and workflow
  • Demonstrated curiosity about technological innovation combined

 

Nice to Have:

  • Proficient in higher level programming or a strong desire to read, understand and comprehend coding
  • Solid understanding of investment analytical tools including Morningstar Direct, Factset, eVestment and Bloomberg
  • Willingness to pursue CFA/CAIA designation and other educational opportunities

 

 

 

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

 

 

For Minnesota: The good-faith expected salary range for the above position is $90,000 - $160,000 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

 

 

 

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Job Skills

Communication, Critical Thinking, Detail-Oriented, Financial Instruments, Investment Banking Analysis, Investments Analysis, Personal Development, Personal Initiative, Quantitative Methods, Risk Management

Additional Job Details

Address:

250 NICOLLET MALL:MINNEAPOLIS

City:

Minneapolis

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-10-20

Application Deadline:

2026-11-09

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.

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Pay
Opportunities to do challenging work For Minnesota: The good-faith expected salary range for the above position is $90,000 - $160,000 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:
Location & working pattern

Minneapolis, Minnesota, United States of America

Working pattern and location restrictions need checking in the full posting.

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