Associate Director, CCR Portfolio Analysis

Job Description

What is the opportunity? Counterparty Credit Risk (CCR) is responsible for providing risk oversight of RBC’s trading activities including counterparty exposure measurement and monitoring, portfolio risk analysis and reporting.

As Associate Director (AD) in the Portfolio Analysis (CCRPA) team, you support the production of analysis for senior management, business heads and regulators with views and insights on the market risk profile of RBC’s trading portfolio, and on potential developments, concentrations and trends in risk that could result in significant financial loss under adverse market conditions.
What will you do?

Pro-actively investigate risks to provide clear and comprehensive analysis to all levels of the risk management organization highlighting potential areas of concern.

Contribute to the development of the ad-hoc market risk analysis capabilities, with particular focus on developing forward-looking analysis and the ability to model potential future risks within RBC’s portfolios and within the boarder markets.

Demonstrate a deep, detailed understanding of trading market risks at RBC as well as the current market environment, to provide senior management with risk assessments and proposed actions that can be taken.

Produce and submit monthly and quarterly reporting, including reporting to senior committees, shareholders and regulators.

Automate processes and develop new analytic capabilities into the reporting/analytic framework, enabling the team to review and analyze portfolio risks in a timely and accurate fashion, enabling the team to readily identify, investigate and summarize notable risk trends that are escalated to Sr Management.

Assist in the implementation of project-based initiatives

What do you need to succeed?
Must-have

Minimum 3 years of experience in quantitative risk control function such as market or credit risk, with an understanding of capital markets trading products and related credit risk concepts

Master’s degree in a relevant subject such as Finance, Economics, or other quantitative discipline

Good understanding of financial markets and trading businesses, both exchange-traded and over the counter markets

Thorough knowledge of traded products, particularly derivatives and their associated risks

Strong command and hands on experience with Excel, Python, and SQL

Strong technical, analytical and general problem-solving skills

Excellent written and oral communication skills, including experiences presenting to senior audiences.

Proven organizational skills, with the ability to meet strict deadlines

Nice-to-have

FRM, PRMIA, or CFA

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

Leaders who support your development through coaching and managing opportunities

Work in a dynamic, collaborative, progressive, and high-performing team

Ability to make a difference and lasting impact

Job Skills
Decision Making, Financial Instruments, Group Problem Solving, Market Risk, Performance Management (PM), Resource Coordination, Risk Management, Waterfall Model
Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:

TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Final date to receive applications:

Note: Applications will be accepted until 11:59 PM on the day prior to the Final date to receive applications date above
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,…