Lead Financial Engineer, Software

About the role

RBC is looking for a Lead Financial Engineer to bridge its investment strategy business units and software engineering teams. You will translate complex financial models into precise mathematical specifications and algorithms for the investment management proposal system, working in the Investment Product Team within an Agile framework to build tools for portfolio optimization, risk assessment and client wealth forecasting.

Key responsibilities

• Define, refine and document quantitative algorithms for the investment proposal platform with business stakeholders.
• Convert high-level financial models into mathematical formulas and technical specifications for developers.
• Own the mathematical integrity of core features such as portfolio optimization, Monte Carlo simulations, financial health scoring and probability-based goal assessment.
• Act as quantitative Subject Matter Expert in Scrum teams, taking part in story writing, sprint planning, refinement and code/math reviews.
• Design and run prototype models in Python or R to validate algorithms before production.
• Help the Product Owner prioritize the quantitative roadmap by business value and technical feasibility.

Required profile

• 7+ years of professional experience in quantitative finance, financial engineering or asset management.
• Master's degree or Ph.D. in Financial Engineering, Quantitative Finance, Mathematics, Statistics, Physics, Computer Science or another highly quantitative field.
• Deep knowledge of modern portfolio theory, multi-period asset allocation, stochastic processes and statistical simulation.
• Proven experience working with software engineers and turning financial math into implementable specifications.
• Experience in an Agile/Scrum lifecycle and the ability to explain complex mathematics to business partners and engineers.
• Nice to have: experience building software for wealth management, robo-advisory or retail proposal platforms, and basic object-oriented programming (C#, Java or C++).

Required skills

• Proficiency in Python, R or MATLAB for prototyping and data analysis.
• Familiarity with SQL and Git.

What we offer

• Total rewards program with bonuses, flexible benefits, competitive compensation, commissions and stock where applicable.
• Coaching and development support from leaders.
• A dynamic, collaborative team with challenging work and growing responsibilities.