![Royal Bank of Canada](https://contents.bebee.com/companies/ca/royal-bank-of-canada/avatar-WhnRm.png)
Associate Director, Wholesale Credit Stress Testing
1 week ago
Job Summary
RBC is hiring an Associate Director of Wholesale Credit Stress Testing.
This role is responsible for the wholesale credit stress projections for the Enterprise-Wide Stress Test, US and Canada regulatory stress tests and ad-hoc analytics to support senior management.
In this role and as part of the Enterprise Stress Testing team, there are unique opportunities to gain a birds-eye view into the inner workings of a large financial institution; learn finance, risk, and treasury concepts; employ data science skills; and learn how novel risks such as geopolitical tensions and climate change impact the Bank.
What is the opportunity?
RBC is hiring an Associate Director of Stress Testing Analytics.
This role will be responsible for the development and implementation of stress test tools supporting the data generation and aggregation for various internal and regulatory stress testing programs, working with RBC economics to produce economic projections, building analytical tools and reports to provide internal and external stakeholders with insights into how RBC's balance sheet and key financial ratios perform under stress.
In this role and as part of the Enterprise Stress Testing team, there are unique opportunities to gain a birds-eye view into the inner workings of a large financial institution; learn finance, risk, and treasury concepts; employ data science skills; and learn how novel risks such as geopolitical tensions and climate change impact the Bank.
- This is a Hybrid role with 3 inoffice days per week based out of the downtown Toronto office._
What will you do?
- Collaborate with team leadership in achieving a transformation of enterprise stress testing capabilities and frameworks.
- Design, constructs and implement tools, processes, and methodologies required for stress test production and analysis of RBC's exposures and portfolios.
- Develop the macroeconomic variable expansion tools required for Stress Testing. This includes historical data analysis, model development and validation.
- Analyze data using empirical and statistical techniques to fine tune financial and risk projections.
- Produce Stress Testing results covering the impacts on capital, liquidity and management action under various stress scenarios.
- Crossfunctional participation and support in Group Risk Management, Stress Testing projects.
- Keep abreast of advances in stress testing analytics.
- Endtoend project management, from idea conception, solution design, stakeholder buyin, implementation and monitoring.
What do you need to succeed?
Must-have
- Bachelor's or master's degree in Finance, Accounting, Risk Management, Engineering, Computer Science, Statistics, Mathematics, Behavioral Economics, or other quantitative field of study.
- 3+ years of industry experience in financial services (stress testing, corporate treasury, risk management).
- Experience developing concise and impactful executivelevel reports, presentations, and other deliverables.
- Advanced proficiency with Excel, Python, SQL and PowerPoint.
- Advanced analytical, problem solving and time management skills.
- Strong understanding of banks' balance sheets, P&L and capital.
Nice-to-have
- Graduate degree in a relevant field.
- Proficiency with a range of data tools, such as Tableau, Bloomberg Terminal, etc.
- CFA, FRM, CPA, or any finance
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 highperforming team
- A worldclass training program in financial services
- Flexible work/life balance options
- Opportunities to do challenging work
Job Skills
Analytical Thinking, Business Data Analysis, Communication, Credit Analysis, Credit Risks, Critical Thinking, Decision Making, Microsoft Excel, Python (Programming Language), Quantitative Methods, Risk Management, SQL Databases, Stress Testing, Time Management
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:
GROUP RISK MANAGEMENT
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
Application Deadline:
Inclusion*
-
Associate Director, Stress Testing
1 week ago
Toronto, Ontario, Canada EQ Bank | Equitable Bank Full timeThe WorkThe Associate Director of Stress Testing reports directly to the Director of Risk Operations and Analytics. In this role, the incumbent will assume responsibility for supporting the co-ordination, development, and execution of stress testing programs, including Enterprise-Wide Stress Testing (EWST), OSFI Macro Stress Testing (MST), Internal Capital...
-
Associate Director, Stress Testing
1 week ago
Toronto, Ontario, Canada Equitable Bank Full timeCore Parts Of The Role Would Br TStress Scenarios (20%)Design, develop, and maintain a process to identify risks including emerging risk and market sentiment. Design, develop, and maintain a process to define stressed scenarios appropriate for EWST, ICAAP, and recovery plan. Lead the co-ordination of stressed scenario forecasts and oversee the narrative of...
-
Director, Credit
1 week ago
Toronto, Ontario, Canada Royal Bank of Canada Full timeJob SummaryYou will be responsible to provide review and ongoing support by overseeing staff that is responsible for documentation, and post-implementation testing of the ECL production process, used in the measurement of Expected Credit Loss, Provision for Credit Losses, Allowance for Loan and Lease Losses, and Stress Testing.What is the opportunity?You...
-
Manager - Stress Testing Analytics
1 week ago
Toronto, Ontario, Canada Royal Bank of Canada Full timeJob SummaryRBC is hiring a Manager of Stress Testing Analytics. This role will be responsible for the implementation and execution of stress test tools supporting the data generation and aggregation for various internal and regulatory stress testing programs, working with RBC economics to produce economic projections, building analytical tools and reports to...
-
Credit Analyst, Associate Director
1 week ago
Toronto, Ontario, Canada Fitch Ratings Full timeCredit Analyst, Associate Director / Director Technology, Media & Telecom TorontoRequisition ID:46670Business Unit:Fitch RatingsCategory:Credit Analysis & ResearchLocation:Toronto, ON, CA Toronto, ON, CA Toronto, ON, CADate Posted:Jun 3, 2024 At Fitch, we have an open culture where employees are able to exchange ideas and perspectives, throughout the...
-
Toronto, Ontario, Canada Scotiabank Full timeRequisition ID: 171866Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.Enterprise Stress Testing's ("EST") mandate is to design and run the Bank's stress testing program. We need a strong individual to help with credit stress testing the Bank's portfolio. You will collaborate in building coherent,...
-
Associate Director, Group Risk Management
1 week ago
Toronto, Ontario, Canada Royal Bank of Canada Full timeJob SummaryAs part of the Group Risk Management (GRM) team, the Associate Director, Wholesale Credit Risk, will provide risk assessment and adjudication for complex Capital Markets transactions.As trading and lending credit risk is the predominant form of credit risk that RBC incurs with respect to Asset Manager Sponsors and Financial Market Infrastructures...
-
Associate Director, Credit
1 week ago
Toronto, Ontario, Canada Royal Bank of Canada Full timeJob SummaryWhat is the opportunity?You will be responsible to provide ongoing control and governance thought leadership and support for programs related to credit provisioning (IFRS 9 and CECL), capital (iCAAP and CCAR) and enterprise-wide stress testing (EWST).What will you do? Provide direct support to ECL teams and stakeholder groups (e.g. finance, IT,...
-
VP Credit Risk Portfolio Manager
2 weeks ago
Toronto, Ontario, Ontario, Canada Broadgate Full timeVP Credit Risk Portfolio ManagerPrimary Responsibilities:Develop and maintain credit loss and financial risk forecasting models.Incorporate credit loss models to create a credit rating system based on varying risk levels for loss or default.Evaluate loans and positions against established risk criteria.Calculate expected losses and evaluate them across...
-
Commercial Credit Specialist
1 week ago
Old Toronto, Ontario, Canada Meridian Credit Union Full timeCommercial Credit Specialist Location Remote in St. Catharines, ON : About this opportunity At Meridian our aspiration is to integrate our purpose into everything we do for people, the planet, and communities. We believe that our greatest opportunity is to create opportunity and meet people where they are. As a Commercial Credit Specialist you will be...
-
Associate Director, Portfolio Management
1 week ago
Toronto, Ontario, Canada Royal Bank of Canada> Full timeJob SummaryThe Associate Director is a key member of the team and plays a lead role in producing timely and accurate concentration analysis. They also support the development of portfolio insights including deep dive analyses of significant emerging risks and trends and benchmarking the bank's portfolio against optimum portfolios and peers.Job...
-
Associate Director, Group Risk Management
4 weeks ago
Toronto, Ontario, Canada RBC - Royal Bank Full timeJob SummaryAs part of the Group Risk Management (GRM) team, the Associate Director, Wholesale Credit Risk, will provide risk assessment and adjudication for complex Capital Markets transactions.As trading and lending credit risk is the predominant form of credit risk that RBC incurs with respect to Asset Manager Sponsors and Financial Market Infrastructures...
-
Associate Director, Group Risk Management
1 month ago
Toronto, Ontario, Canada RBC - Royal Bank Full timeJob SummaryAs part of the Group Risk Management (GRM) team, the Associate Director, Wholesale Credit Risk, will provide risk assessment and adjudication for complex Capital Markets transactions.As trading and lending credit risk is the predominant form of credit risk that RBC incurs with respect to Asset Manager Sponsors and Financial Market Infrastructures...
-
Manager, Commercial Credit
1 week ago
Toronto, Ontario, Canada Alterna Full timeScope of PositionUnder the direction of the Director, Enterprise Risk, the Manager, Commercial Credit and Enterprise Risk manages the credit risk program for the commercial arm of Alterna Savings and its subsidiary, Alterna Bank. The Manager, Commercial Credit and Enterprise Risk also develops, recommends changes and maintains Board and management policies...
-
Associate, Global Counterparty Credit
1 week ago
Toronto, Ontario, Canada TD Bank Full timeTD DescriptionStay current and competitive. Carve out a career for yourself. Grow with us.Department Overview The Global Counterparty Credit group is responsible for implementing and ensuring compliance with credit policies established by the Bank for the management of derivative credit exposures. Through strategic, tactical and riskoriented teams of...
-
Cardiac Stress Test Technician
1 week ago
Toronto, Ontario, Canada Appletree Shared Services Corporation Full timeWho We Are Appletree Shared Services Corporation is the most progressive multi-disciplinary medical group in Canada. We assist and manage the practices of Ontario's best family physicians and specialists, including physicians offering virtual healthcare services. For over two decades, we have worked with bright and motivated individuals on our mission to...
-
Director, Credit Risk Management
1 week ago
Toronto, Ontario, Canada Meridian Credit Union Full timeAt Meridian our aspiration is to integrate our purpose into everything we do for people, the planet, and communities. The Director, Member Experience Design is a strategic leader tasked with revolutionizing Meridian's approach to Member engagement. Reporting to the VP of Digital Transformation, this role is central to Meridian's commitment to digital...
-
Senior Associate, Credit Strategy
1 week ago
Toronto, Ontario, Canada CPP Investments Full timeJob DescriptionWe are recruiting for a Senior Associate to join the Credit Strategy group in the Credit Investments (CI) department in Toronto. CI manages $65 billion of assets and is responsible for all CPP Investments' public and private credit investments globally. CI invests in credit and credit-like products across the entire capital structure for all...
-
Director, Credit Risk Oversight
1 week ago
Toronto, Ontario, Canada Scotiabank Full timeRequisition ID: 201178 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Director, Credit Risk Oversight & Analytics, Small Business, Global Risk Management, is liable for providing leadership and key oversight on the evaluation and decisions made on credit score and policy changes across the credit...
-
Toronto, Ontario, Canada RBC - Royal Bank Full timeJob SummaryJob DescriptionWhat is the opportunity?The Associate Director, Wholesale Platform Finance, Controls & Governance will act as Accounting advisor and provide oversight and accounting advisory to the Wholesale platform. They will seek out opportunities to improve operational accounting processes and drive consistency of financial reporting globally....