Associate Director, Market Risk Analytics

Join to apply for the Associate Director, Market Risk Analytics role at RBC What is the opportunity? As part of the Group Risk Management team, the Associate Director, Market Risk Analytics is responsible for developing, maintaining, and monitoring the performance of models used for the measurement of Fundamental Review of the Trading Book (FRTB) regulatory purposes, including multijurisdictional requirements (e.g., OSFI). Responsibilities Work with model business owners and users to understand model functionality requirements Conduct research, review regulatory requirements, and consult with industry stakeholders to evaluate best practices for modeling. Make recommendations on model methodologies and develop technical implementation, either for production usage or as a prototype for benchmark testing. Provide business requirements with technical implementation details and user acceptance criteria to technology teams for production deployment, and validate implementation using independently developed benchmark models. Document model methodologies, implementation details, and testing results, and work with internal validation to facilitate model approval. Develop tools to assess and monitor model performance, including assumptions and limitations, for reporting to governance committees. Investigate and remediate modeling issues identified through ongoing monitoring or by internal validation. Reassess and test models, including assumptions and limitations and benchmarking against alternative models, and document the results in whitepapers and annual assessments for review by internal validation. Qualifications Experience in financial risk management and quantitative modeling, preferably within market risk. Strong analytical and problem‑solving skills. Excellent computer programming skills (e.g., Python, MATLAB). Strong data analysis skills (e.g., SQL, Excel). Strong communication skills, both written and verbal, especially in explaining complex modeling concepts to senior management and regulators. Nice-to-have Masters in Financial Engineering, Mathematical Finance, or equivalent; or a degree in a quantitative discipline such as physics, mathematics, statistics, or engineering. Knowledge of regulatory requirements for capitalization of market risk and asset. Professional certification, such as FRM or CFA. Benefits 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. Job Details Address: ROYAL BANK PLAZA, 200 BAY ST, Toronto, Canada Hours per week: 37.5 Employment type: Full time Role platform: Group Risk Management Job type: Regular Pay type: Salaried Posted date: 2025‑11‑20 Application deadline: 2025‑12‑06 (Applications accepted until 11:59 PM on the day prior to the deadline) Inclusion and 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. #J-18808-Ljbffr