Senior Manager GRM Portfolio Risk Oversight

Job Description

What is the opportunity? The GRM Portfolio Risk Oversight, Business Financial Services group provides independent and effective on-site monitoring, control and communication on the nature and extent of material risks impacting the BFS portfolio.
As the Senior Manager, GRM Portfolio Risk Oversight, Business Financial Services you will assist in providing valuable insights to senior leadership on the performance of the BFS portfolio and you will help promote a “Best of Class” risk oversight environment.
What will you do?

Leverage portfolio and external data in preparing clear, concise and insightful analysis to senior leadership (in both risk and the business) on top/emerging risks and key trends within the BFS portfolio.

Be a point person in assisting with the organization and preparation of materials for quarterly and mid-quarter Portfolio Management Committee meetings between risk and the business.

Provide assistance in building out key risk reporting processes. Enhance portfolio reporting through the use of leading edge analytics and statistical tools.

Build credit loss forecasting and stressing models to better understand and forecast potential credit losses in the portfolio under various conditions of stress and risk.

Translate general business questions into analytic requirements and deliver meaningful insights and recommendations to solve business problems.

Use business strategy and growth plans to perform impact and sensitivity analysis on the current portfolio.

Balance risk vs. reward, spotting vulnerabilities and opportunities in the portfolio using a data driven approach.

What do you need to succeed?
Must Have

Strong proficiency in SQL or Python programming language; other languages considered a benefit (e.g., SAS, R, Matlab, etc.). as well as experience using data visualization technology such as Tableau

Completed an undergraduate program with emphasis on a quantitative discipline (Statistics, Mathematics, Computer Science, Engineering, etc.).

Exceptional analytical and critical thinking skills with demonstrated ability to develop targeted data-driven insights in support of business objectives

A strong interest in data and a desire to hunt for solutions and find creative ways to solve problems

The ability to effectively communicate analytically complex ideas into clear and concise insights and presentations.

Nice to Have

Some experience working in a credit or market risk function, or as an Analyst or Manager (in Business line, Risk and/or Finance functions) is preferred.

Communication:
Strong written and oral communications skills to explain complex concepts, influence and build consensus.

Independent work:
Skills to understand assigned work and then independently execute towards completion with minimal supervision.

Networking:
Ability to build and utilize internal networks to assist in project completion with emphasis on effective collaboration and consideration of diverse perspectives.

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, commissions, 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

A world-class training program in financial services

Flexible work/life balance options

Job Skills
Client Counseling, Critical Thinking, Economic Analysis, Financial Derivatives, Financial Instruments, Investment Banking Analysis, Investment Risk Management, Market Risk, Quantitative Methods
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: Applica…