Manager, Enterprise Market Risk Reporting & Analysis

Job Description What is the opportunity?

As part of the Group Risk Management (GRM) team, the Manager, Enterprise Market Risk Reporting & Analysis will ensure that all market risk exposures and any material changes are provided to stakeholders in a timely and accurate manner, with commensurate analytical insight and its appropriate communication. You assist the Director and Senior Manager, Enterprise Market Risk Reporting & Analysis by analyzing and confirming the drivers for various trading portfolios, compiling the daily/weekly reports, performing the daily backtest, improving the existing reporting infrastructure and carrying out ad-hoc requests from senior management.

• Provide timely accurate and complete market risk reporting and analysis, owning the end-to-end processes that facilitate this reporting stream
• Understand, analyze and communicate the drivers, trends and for RBC (and key sub-portfolios) and provide context therein with respect to changes in the market risk profile of the business.
• Perform daily reconciliation between EMR and local market risk team
• Maintain a thorough understanding of the methodologies used for Value at Risk (VaR), Stress VaR, Specific Risk (SR), Stress Test scenario
• Generate trends and reports daily for senior management, and communicate key/material changes to all stakeholders
• Participate in other ad hoc analysis around RBC’s market risk exposures, including longer-term trend analysis of historical risk results / concentrations
• Perform daily backtesting, generate weekly Operating Committee report, and quarterly trend analysis report
• Maintain the database for historical trend analysis

Must-have

• 2+ years of experience in trading or trading risk management roles
• MBA, MA or MS or equivalent with emphasis in finance, economics or a quantitative discipline
• Thorough knowledge of traded products including derivatives and their associated risks
• Excellent knowledge of Tableau, MS Excel and exposure to MS Access and other database programs (SQL)
• Strong knowledge of programming languages, preferably Python

Nice-to-have

• CFA, CA, FRM or other related professional qualifications
• Familiar with VaR and Stress Testing
• Good understanding of financial markets and trading businesses, both exchange traded and over the counter markets

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
• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Flexible work/life balance options

Communication, Decision Making, Economic Analysis, Financial Instruments, Group Problem Solving, Investment Risk Management, Market Analysis, Market Risk, Risk Management

Location: Toronto, Canada

Work hours/week: 37.5

Employment Type: Full time

Job Type: Regular

Pay Type: Salaried

Posted Date:

Final date to receive applications: