{"id":1244659,"url":"https://alion.io/job/rbc-lead-financial-engineer","title":"Lead Financial Engineer","company":{"id":1757835,"name":"Royal Bank of Canada","domain":"rbc.com","url":"https://alion.io/company/rbc-com","size_band":"501-1000","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Phenom","truth_index":null},"role":"Industrial Engineering","role_family":"Industrial Engineering","seniority":"lead","employment_type":"full_time","work_mode":"on_site","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"structured","locations":["Columbia, United States"],"countries":["US"],"hiring_countries":[],"hiring_countries_total":0,"salary":null,"salary_estimate":{"min_usd":108000,"max_usd":217000,"period":"year","method":"role_seniority_country_remote_cell","sample_n":71},"experience_years_min":7,"visa_sponsorship":false,"relocation_package":false,"has_equity":false,"technologies":[{"name":"Agile","optional":false},{"name":"Git","optional":false},{"name":"MATLAB","optional":false},{"name":"Python","optional":false},{"name":"Scrum","optional":false},{"name":"SQL","optional":false},{"name":"C#","optional":true},{"name":"C++","optional":true},{"name":"Java","optional":true}],"status":"live","first_seen_at":"2026-09-16T00:00:00Z","employer_posted_date":"2026-09-16","last_verified_at":"2026-09-25T19:08:09Z","board_verified":true,"closed_at":null,"days_open":10,"trust":{"level":"ok","repost_count":null,"flags":[],"days_open":10},"description":"Job Description\nWhat is the Opportunity?\nWe are seeking a Lead Financial Engineer to bridge the gap between our investment strategy business units and our software engineering teams. In this role, you will translate complex financial models into precise mathematical specifications and algorithms for our investment management proposal system. You will sit within the Investment Product Team, working daily inside an Agile development framework to build tools for portfolio optimization, risk assessment, and client wealth forecasting.\nWhat will you do?\nAlgorithm Definition: Collaborate with business stakeholders to define, refine, and document quantitative algorithms for the investment proposal platform.\n\nMathematical Translation: Convert high-level financial models and concepts into rigorous mathematical formulas and technical specifications for software developers.\n\nCore Model Support: Own the mathematical integrity of core system features, including portfolio optimization, Monte Carlo simulations, financial health scoring, and probability-based goal assessment models.\n\nAgile Collaboration: Serve as the quantitative Subject Matter Expert (SME) within Scrum teams, participating in story writing, sprint planning, refinement, and code/math reviews.\n\nValidation & Testing: Design and execute prototype models in Python or R to validate algorithmic accuracy before full-scale software production.\n\nProduct Strategy: Assist the Product Owner in prioritizing the quantitative roadmap based on business value and technical feasibility.\n\nWhat do you need to succeed?\nMust have:\nExperience: 7+ years of professional experience in quantitative finance, financial engineering, or asset management role.\n\nEducation: Master’s degree or Ph.D. in Financial Engineering, Quantitative Finance, Mathematics, Statistics, Physics, Computer Science, or a highly quantitative field.\n\nDomain Expertise: Deep understanding of modern portfolio theory (MPT), multi-period asset allocation, stochastic processes, and statistical simulation techniques.\n\nTechnical Skills: Proficiency in Python, R, or MATLAB for prototyping and data analysis. Familiarity with SQL and version control (Git).\n\nSoftware Delivery: Proven experience working alongside software engineers and translating financial math into clear, implementable developer specifications.\n\nMethodology: Experience working within an Agile/Scrum development lifecycle.\n\nCommunication: Exceptional ability to communicate highly complex mathematical concepts to both non-technical business partners and software engineers.\n\nNice to have:\nExperience building software components specifically for wealth management, robo-advisory, or retail investment proposal platforms.\n\nBasic understanding of object-oriented programming (e.g., C#, Java, or C++) to help audit production code implementations.\n\nWhat’s in it for you?\nWe thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients succeed and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.\nA comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable\n\nLeaders who support your development through coaching and managing opportunities\n\nAbility to make a difference and lasting impact\n\nWork in a dynamic, collaborative, progressive, and high-performing team\n\nOpportunities to do challenging work\n\nOpportunities to take on progressively greater accountabilities.\n\n Job Skills\nAccounting, Decision Making, Financial Planning and Analysis (FP&A), Financial Reporting and Analysis, Results-OrientedAdditional Job Details\nAddress:\n180 WELLINGTON ST W:TORONTOCity:\nTorontoCountry:\nCanadaWork hours/week:\n37.5Employment Type:\nFull timePlatform:\nJob Type:\nRegularPay Type:\nSalariedPosted Date:\n2026-08-28Application Deadline:\n2026-09-25Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above\nOur Employment Opportunities\nAt 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.\nJoin our Talent Community\nStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.\nExpand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.\nRBC 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.","description_format":"text","description_chars":5427,"description_truncated":false,"requirements":{"experience_years_min":7,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":{"level":"master","optional":false},"security_clearance":false,"languages":[]},"benefits":[],"hiring_locations":[],"hiring_excludes":[],"relocation_offered":false,"industries":["Commercial & Retail Banks","Wealth Management & Financial Advisors","Investment Banking & M&A Advisory"],"lifecycle":[{"event":"open","at":"2026-09-25T17:07:52Z"}],"liveness":{"score":80,"band":"hot","label":"Hiring now","p_open":1,"p_active":0.799,"p_room":1,"age_days":10,"expected_fill_days":35,"reasons":["conf:7","win:early","comp:brand"],"computed_at":"2026-09-26T02:12:20Z"},"pay":null,"html_url":"https://alion.io/job/rbc-lead-financial-engineer","json_url":"https://alion.io/job/rbc-lead-financial-engineer.json","meta":{"generated_at":"2026-09-26T02:12:20Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers","usage":{"tier":"crawler","counted_by":"address","units_charged":1,"used_today":2230,"day_limit":5000,"remaining_today":2770,"minute_limit":60,"resets_at":"2026-09-27T00:00:00Z"}}}