About the role#
This 10-week summer program provides an opportunity to gain knowledge of Capital Markets while working alongside technologists and business units. You will contribute to project work and daily support tasks designed to increase departmental efficiency. The role involves technical solution delivery, on-the-job training, and mentorship to help you develop skills in quantitative technology.
What you'll do#
- Analyze business requirements and translate them into technical specifications.
- Design, code, review, and test applications following SDLC best practices.
- Manage application releases and incidents.
- Develop tools to support trading and risk management activities.
- Support front-office risk aggregation and analysis for large projects.
- Gather requirements from the trading desk and manage solution delivery through quant libraries and IT systems.
- Maintain and improve pricing tools and operational frameworks.
- Provide quantitative support to trading desk quants and assist with pricing new products.
- Carry out research and projects related to pricing models and trades.
What you'll need#
- Currently pursuing a Master's or PhD, graduating in December 2027 or May 2028.
- Completion of a four-year degree in Computer Science, Engineering, Mathematics, Physics, or a related scientific field.
- Academic excellence with high qualifications in physical sciences, mathematics, and computing.
- Advanced programming skills and knowledge of derivatives and financial products.
- Experience with spreadsheet and tool-building.
- Strong analytical skills for transforming business needs into software requirements.
- Knowledge of software design principles and development best practices.
- Ability to manage multiple priorities and troubleshoot complex problems.
- Strong teamwork, communication, and time management skills.
- A self-starter mindset with a results-oriented approach and a sense of ownership.
Location & details#
- Location: New York, New York.
- Term: Summer 2027.
- Work Modality: On-site.
- Employment Type: Full-time.
About RBC Capital Markets
RBC Capital Markets provides investment banking and financial services to corporations, governments, and institutional investors. It operates as a division of the Royal Bank of Canada. The firm maintains offices in major financial hubs across North America, Europe, and the Asia-Pacific region. It employs over 11,000 people and specializes in sales, trading, and research.
How to get in at RBC Capital Markets
Applying early to RBC Capital Markets gives you a distinct advantage before the candidate pool becomes unmanageable. Intern Insider sends an instant alert the moment a role matching your target is published anywhere, so you apply among the first and ensure your materials are seen before the pile grows. You will find that recruiters at large institutions often manage high volumes of applications, so timing is a significant factor in your visibility. Using Intern Insider to secure an early spot helps you stay ahead of the standard application cycle. Reaching the recruiter directly often beats applying into a queue, as it allows you to ask specific questions about the role or a potential referral. Intern Insider surfaces the recruiters behind the company roles, which materially improves your response rates. It is a more effective approach than relying solely on automated portals, and it shows you have done your homework on the team.
