Portfolio Engineer

Job Description

What is the opportunity?

RBC Global Asset Management's North American equity team based in Toronto, which manages over $125.0 billion of North American equities across institutional accounts and mutual funds, is seeking a Portfolio Engineer to join our team. We manage assets in Core, Income, Value, Growth and Alternative equity strategies in Canada, the US and Global markets.

In this position, you will create quantitative tools and resources to enhance portfolio performance and the team’s fundamental investment process. This is an outstanding opportunity for the right candidate to further their understanding of financial markets in a dynamic and collaborative team environment leading to a challenging and successful career in investment management.

What will you do?

• Communicate with portfolio managers, research analysts and traders to understand their investment approach and requirements.

• Vividly describe all knowable risks in the portfolio, portfolio construction and risk budgeting.

• Perform research on all aspects of portfolio management (portfolio construction, risk management, security screening/selection, to name a few) and provide advice about how to incorporate new or emerging methods into the investment team’s capabilities.

• Research the team’s investment performance attribution.

• Keep abreast of research into new and emerging technologies, including artificial intelligence, machine learning and large language models (LLMs), and identify opportunities to apply these to the team’s research activities.

• Evaluate and pilot AI tools and agents to support research, analytics workflows, and portfolio management processes.

• Partner with RBC GAM’s Portfolio Engineers, Data Governance Office and Technology Group to take advantage of, and contribute meaningfully to, investment data sets, tools and analytics that are available for use by the investment team.

• Be a champion for the integration of human-and-machine across RBC GAM, including the proactive adoption of Generative AI tools and AI-powered analytics.

What do you need to succeed?

Must Have:

• An undergraduate degree in economics, finance, computer science, mathematics or engineering

• Strong analytical skills; ability to analyze large amounts of data and process information with high levels of accuracy and attention to detail.

• Effective communication with team members and internal clients; someone who is a natural collaborator.

• Technical aptitude and comfort with technology applications and ability to quickly learn new tools and platforms

• Knowledge of an analytical or development programming language (eg. Python, R, Matlab, C#, C++).

• Foundational understanding of AI/ML concepts and their potential applications in investment research.

• A natural inquisitiveness and drive to explore new ideas about technology applications in capital markets and investing.

• A self-motivated learner with the ability to work both independently and in a small team environment.

Nice to Have:

• Experience in finance and capital markets is preferred.

• CFA Charter holder or desire and demonstrated aptitude/background to pursue CFA designation.

• Experience with Generative AI tools, prompt engineering, or LLM-based workflows.

• Knowledge of financial applications (Bloomberg, FactSet) and SQL Server database management is a plus.

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, 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

• Opportunities to do challenging work

• Opportunities to take on progressively greater accountabilities

Job Skills

Critical Thinking, Financial Planning and Analysis (FP&A), Financial Services Industry, Fund Analysis, Investment Banking, Investment Banking Analysis, Investment Performance Measurement, Investment Risk Management, Investments Analysis

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-05-05

Application Deadline:

2026-05-20

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate's experience, skills, registration status, performance, individual goals, market conditions, and business needs.

Pay Range

The expected pay range for this position is:

$67,000.00 - $110,000.00

The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay rage for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable.

You have the potential to earn RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided that business meets its performance targets and you meet your individual goals.

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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Expand 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.

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.