Associate Director, Credit Risk and Transformation

18 hours ago


Toronto, Canada RBC Full time

Associate Director, Credit Risk and Transformation Join to apply for the Associate Director, Credit Risk and Transformation role at RBC. What is the opportunity? The Associate Director will support the ongoing design, implementation, monitoring, reporting and oversight of all processes and control points governing the handoff of models from the development team (MDO) in Credit Modeling & Methodology (CMM) to the model users (MBO) for integration into the model production environments. This will be achieved in adherence with the newly introduced Tollgate Delivery Framework. What will you do? Manage the end‑to‑end Implementation Readiness process within the Tollgate Delivery Framework in CMM. Responsible for the monthly reporting on implementation readiness to key stakeholders and leadership. Provide insights and best practices of model implementation, data usage, and controls for model development in CMM. Own and manage the communication with model development and model users’ teams, escalating and keeping abreast of handoff delivery dates, including regular status reporting to all involved stakeholders (MBO, MBO, EMRM) and Senior Management and timely issue escalation. Provide guidance to MDO for model development projects regarding production data usage and sourcing of new data to facilitate implementation readiness and leverage existing controls of CDEs in production. Conduct code reviews for credit models in development to provide guidance on developing for implementation readiness, namely integration into an automation framework, efficient execution of computing‑intensive calculations, compliance with model QA standards, and feasibility of feature transformations. Maintain the model QA standards and continuously obtain feedback from MDO and MBO to enhance the process within the delivery Tollgates. Collaborate with IFRS9, CECL, EWST and CCAR programs to ensure consistency across measures, controls, reporting, and insights. Ensure all documentation, procedures and processes are kept current to reflect best practices and controls required. Build strong relationships with MDO, MBO production and IAT teams to ensure handoffs of credit models from development are smooth and meet all QA standards. What do you need to succeed? 5+ years of experience in developing and deploying credit risk models and/or reports. A degree in an analytical discipline such as engineering, statistics, mathematics, computer science, or relevant professional experience in quantitative methods, finance, or risk management. Experience in data manipulation on large datasets (ingestion, processing, merging and aggregation of data). Experience with code management solutions (GIT). Experience in prior model development. Proficiency in SAS, Python and SQL. Conceptual thinker with a curious mind to build solutions from ground up through ambiguity. Strong interpersonal, communication and presentation skills with the ability to articulate and document complex technical problems and control processes for non‑technical audiences. Strong conceptual, analytical and problem‑solving skills. Excellent process management, communication and coordination skills. Ability to work with cross‑functional teams to help influence without direct authority. Ability to structure workload and manage multiple competing priorities. Nice‑to‑have Familiarity with RBC’s existing data and infrastructure is preferred. 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. Leaders who support your development through training and coaching. Work with a dynamic, collaborative team with the ability to make a difference. Applications will be accepted until 11:59 PM on the day prior to the application deadline date above. Location and Details Address: RBC CENTRE, 155 WELLINGTON ST W:TORONTOCity: TorontoCountry: CanadaWork hours/week: 37.5Employment type: Full timePlatform: GROUP RISK MANAGEMENTJob type: RegularPay type: Salaried Equal Opportunity Employment At 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. Join our Talent Community Stay in‑the‑know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and recruitment events that matter to you. 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. #J-18808-Ljbffr



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    Associate Director, Credit Risk and Transformation Join to apply for the Associate Director, Credit Risk and Transformation role at RBC. What is the opportunity? The Associate Director will support the ongoing design, implementation, monitoring, reporting and oversight of all processes and control points governing the handoff of models from the development...


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