Associate Director, IFRS 9 Execution

OverviewAs part of the Group Risk Management team, the Associate Director, IFRS 9 Execution & Analytics will assist the execution, business engagement, and analytics of RBC’s IFRS 9 credit provisioning. The Associate Director will support the Director, IFRS 9 Credit Provisioning in developing and generating reports for oversight committees and senior management.What will you do?Execute RBC’s credit provisioning analysis, reporting (including inputs to enterprise/segment financial outlooks/plans), and communication function under IFRS 9, meeting the needs of internal and external stakeholders.Assist with preparing reports and analyses for the Allowance Committee and senior executives, explaining/correlating reported expected credit loss (ECL) with macroeconomic and portfolio loss drivers.Maintain strong communication with functional and business partners for timely analyses and reviews.Work with the Credit Measurement System (CMS) and Modeling teams to understand credit provision results and assumptions, provide subject matter content for ongoing enhancement of the methodologies in use.Enhance credit provisioning analytics to inform portfolio decisioning at enterprise level.Ensure requisite processes are maintained and their execution adequately documented, with internal management and / or SOX controls as appropriate.Support GRM-Enterprise Risk’s broader mandate in articulating RBC’s risk appetite, setting limits, and carrying out enterprise-wide stress testing, as related to loan portfolio analytics.Keep abreast of macroeconomic, regulatory, accounting and other financial industry developments as they relate to RBC's credit provisioning (both wholesale and retail).What do you need to succeed?Must Have:Strong banking and risk knowledge (wholesale or retail credit or both), with cross-functional capability Risk and Finance;University degree preferred in an analytical discipline such as Finance, Statistics, Mathematics, or Economics;Experience in SAS/R/Python/MATLAB or other mathematical / statistical programming languagesStrong ability to communicate, verbally and in writing, complex concepts in non-technical terms to business segment and Finance.Quick learner with outstanding analytical, and problem solving skills, with an ability to work towards challenging deadlines and deliver under pressure.Nice-to-Have:A thorough understanding of relevant accounting and regulatory rules and requirements (IFRS 9, Basel) preferredExperience with Canadian Banking retail portfolios (Home Equity Finance, Cards, Personal Lending)What is in it for you?We thrive on the challenge to be our best, progressive thinking, to keep growing, and working together to build and deliver trusted reporting to help our stakeholders succeed 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 compensationAbility to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamOpportunities to take on progressively greater accountabilitiesJob DetailsAddress: RBC CENTRE, 155 WELLINGTON ST W:TORONTOCity: TorontoCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: GROUP RISK MANAGEMENTJob Type: RegularPay Type: SalariedPosted Date: 2026-01-20Application Deadline: 2026-02-07Inclusion 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. RBC strives to deliver 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. RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail. #J-18808-Ljbffr