Associate Market Risk

3 weeks ago

Toronto, Canada Royal Bank of Canada Full time

**Job Summary**

As Manager, Local Market Risk, you help promote a “Best of Class” risk oversight environment and play an important role in the ongoing development and monitoring of the market risk framework for Commodities related trading book strategies. You ensure that material market risks are monitored, analyzed, and communicated to management through established reporting processes, management forums and through ad-hoc analysis. You will provide effective ‘second line of defense’ challenge to Front Office risk taking activities, which will require a deep and meaningful understanding of client/trading strategies and products deployed and pertinent risks emerging from cash and derivative market developments to assess implications for the risk profile of the trading books.

**What is the opportunity?**

As part of the Group Risk Management (GRM) team, the Associate, Market Risk will help promote a “Best of Class” risk oversight environment and play an important role in the ongoing development and monitoring of the market risk framework for Commodities related trading book strategies.

**What will you do?**
- Responsible of Market risk reporting process and ensure accuracy of reports.
- Monitor trading activities and exposures to ensure they are within approved policies and limits.
- Provide risk oversight for RBC’s Commodities desk, acting as a key link between trading staff, management and Group Risk Management.
- Promote a greater focus on risk analysis, and provide effective, and constructive challenge to the Front Office where appropriate through active dialogue regarding business strategies, risk representation, and limit compliance.
- Stay abreast of market developments and portfolio risks to provide insightful analysis to senior management and business partners on risk trends and emerging concerns.
- Collaborate with Business, Technology, and other Functional partners on key systems and process initiatives to meet internal and regulatory requirements for the management of market risk and drive efficiency and effectiveness in our processes and decision making.

**What do you need to succeed?**

**Must-have**
- 1+ years of experience working in a Market Risk / Credit Risk or Valuations based role including knowledge of market risk concepts (sensitivity analysis, VaR, stress testing etc.).
- Knowledge of derivative products (i.e. Futures, Options, Swaps).
- Strong written and oral communication skills with the ability to condense complex details into narratives suitable for communication with senior risk and business management.
- Sufficiency in Excel-VBA and some programming language preferably Python.
- Must be a strong collaborator and have a high level of curiosity.

**Nice-to-have**
- Knowledge of structured products.
- Familiar with regulatory/compliance requirements (FRTB, Volcker, etc.).
- Knowledge of commodity markets.

**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.
- Opportunity to learn a variety of asset classes within RBC business units, and do challenging work.
- Potential to utilize transferable skills and grow within other related business areas.
- A comprehensive Total Rewards Program including bonuses and flexible benefits and competitive compensation.
- Leaders who support your development through coaching and managing opportunities
- Ability to make a difference and lasting impact.
- Flexible work/life balance options.
- Work in a dynamic, collaborative, progressive, and high-performing team.

**Job Skills**

Adaptability, Commodity Markets, Critical Thinking, Derivatives, Financial Instruments, Market Analysis, Market Risk Analysis, Python (Programming Language), Risk Management, Risk Reporting

**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**:
2023-11-23

**Application Deadline**:
2023-12-09

**I**nclusion** and Equal Opportunity Employment**

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

**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.

  • Risk Associate

    2 days ago

    Toronto, Canada Citco Full time

    Risk Associate Toronto, Canada **About Citco** Citco is a global leader in fund services, corporate governance and related asset services with staff across 50 office locations worldwide. With more than $1.8 trillion in assets under administration, we deliver end-to-end solutions and exceptional service to meet our clients’ needs. **About the Team &...

  • Associate/Manager, Investment Risk, Public Markets Portfolio

    5 days ago

    Toronto, Canada CPP Investments Full time

    Company Description Make an impact at a global and dynamic investment organization When you invest your career in CPP Investments, you join one of the most respected and fastest growing institutional investors in the world. With current assets under management valued in excess of $500 billion, CPP Investments is a professional investment management...

  • Associate - Credit Risk

    1 month ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** Group Risk Management-Wholesale Credit Risk (GRM - WCR) group is responsible for assessing credit exposures of trading and lending activities for complex Capital Markets transactions; coverage is organized by geography and aligned by industry. The GRM - WCR Funds team manages exposure to North American Investment Managers and Fund...

  • Model Validation Quantitative Associate- Market Risk

    4 weeks ago

    Toronto, ON, Canada MUFG Bank, Ltd Full time

    Model Validation Quantitative Associate– Market Risk page is loaded Model Validation Quantitative Associate– Market Risk Apply locations Toronto, ON time type Full time posted on Posted 27 Days Ago job requisition id 10064435-WD Do you want your voice heard and your actions to count? Discover your opportunity with Mitsubishi UFJ Financial Group...

  • Model Validation Quantitative Associate– Market Risk

    4 weeks ago

    Old Toronto, Canada MUFG Bank, Ltd Full time

    Model Validation Quantitative Associate– Market Risk page is loaded Model Validation Quantitative Associate– Market Risk Apply locations Toronto, ON time type Full time posted on Posted 27 Days Ago job requisition id 10064435-WD Do you want your voice heard and your actions to count?Discover your opportunity with...

  • Model Validation Quantitative Associate– Market Risk

    4 weeks ago

    Old Toronto, Canada MUFG Bank, Ltd Full time

    Model Validation Quantitative Associate– Market Risk page is loaded Model Validation Quantitative Associate– Market Risk Apply locations Toronto, ON time type Full time posted on Posted 27 Days Ago job requisition id 10064435-WD Do you want your voice heard and your actions to count?Discover your opportunity with...

  • Model Validation Quantitative Associate– Market Risk

    4 weeks ago

    Old Toronto, Canada MUFG Bank, Ltd Full time

    Model Validation Quantitative Associate– Market Risk page is loaded Model Validation Quantitative Associate– Market Risk Apply locations Toronto, ON time type Full time posted on Posted 27 Days Ago job requisition id 10064435-WD Do you want your voice heard and your actions to count?Discover your opportunity with...

  • Model Validation Quantitative Associate- Market Risk

    4 weeks ago

    Toronto, Canada MUFG Canada Full time

    **Do you want your voice heard and your actions to count?** Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we’re 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term...

  • Model Validation Quantitative Associate– Market Risk

    1 month ago

    Toronto, Canada MUFG Full time

    Do you want your voice heard and your actions to count? Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we’re 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term...

  • ISDA Advisory Associate

    7 days ago

    Toronto, Canada Validus Risk Management Full time

    The ISDA Advisory function sits within the Global Capital Markets team here at Validus. This is a client-facing role, perfect for an entrepreneurial self-starter searching for front-office exposure with the ability to build strong relationships with both clients and our banking counterparties. The ideal candidate will have previous knowledge or experience...

  • Associate, Country Risk

    1 month ago

    Toronto, Canada Royal Bank of Canada Full time

    **Come Work with Us!** At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose. Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work...

  • Associate Director, Enterprise Market Risk Regulatory Capital Reporting

    2 weeks ago

    Toronto, Canada Royal Bank of Canada> Full time

    Job SummaryJob DescriptionWhat is the opportunity? The role of Associate Director, Enterprise Market Risk Regulatory Capital Reporting & Analysis is to ensure that all market risk regulatory capital reporting is provided to all stakeholders in a timely and accurate manner, with commensurate analytical insight and appropriate communication. The Associate...

  • Associate Director, Enterprise Market Risk Regulatory Capital Reporting

    2 weeks ago

    Toronto, Canada RBC - Royal Bank Full time

    Job SummaryJob DescriptionWhat is the opportunity? The role of Associate Director, Enterprise Market Risk Regulatory Capital Reporting & Analysis is to ensure that all market risk regulatory capital reporting is provided to all stakeholders in a timely and accurate manner, with commensurate analytical insight and appropriate communication. The Associate...

  • Associate Director, Enterprise Market Risk Regulatory Capital Reporting

    2 weeks ago

    TORONTO, Canada Royal Bank of Canada Full time

    Job SummaryJob DescriptionWhat is the opportunity? The role of Associate Director, Enterprise Market Risk Regulatory Capital Reporting & Analysis is to ensure that all market risk regulatory capital reporting is provided to all stakeholders in a timely and accurate manner, with commensurate analytical insight and appropriate communication. The Associate...

  • Senior Associate, Risk Analytics

    4 days ago

    Toronto, Canada Ontario Teachers' Full time

    Senior Associate, Risk Analytics The Opportunity As a Senior Associate in Risk Analytics, you will report to the Senior Manager and support the team in independently monitor and accurately report OTPP’s market and credit risk with a focus on reporting and projects. The candidate will use strong financial product knowledge and risk analysis skills to...

  • Market Risk Analyst

    1 month ago

    Toronto, Canada TD Bank Full time

    **TD Description** Stay current and competitive. Carve out a career for yourself. Grow with us. **Department Overview** Market Risk & Model Development (MRMD) is responsible for managing the ever-changing and dynamic world of trading and non-trading market risk, counterparty credit, margin management, liquidity risk and model development. Within MRMD,...

  • Risk Management Associate

    6 days ago

    Toronto, Canada China Construction Bank Toronto Branch Full time

    Mandate Key Task: Prepare credit reviews on new and existing corporate, bank and non-bank financial institutions, as directed by Director of the department. Perform tasks in accordance with Branch policies, procedures, manuals, ensuring compliance with local laws and regulations Communicate and work closely with all department personnel as well as other...

  • Risk Management Associate

    5 days ago

    Toronto, Canada China Construction Bank Toronto Branch Full time

    Mandate Key Task: Prepare credit reviews on new and existing corporate, bank and non-bank financial institutions, as directed by Director of the department. Perform tasks in accordance with Branch policies, procedures, manuals, ensuring compliance with local laws and regulations Communicate and work closely with all department personnel as well as other...

  • Risk Management Associate

    5 days ago

    Toronto, Canada China Construction Bank Toronto Branch Full time

    MandateKey Task: Prepare credit reviews on new and existing corporate, bank and non-bank financial institutions, as directed by Director of the department. Perform tasks in accordance with Branch policies, procedures, manuals, ensuring compliance with local laws and regulations Communicate and work closely with all department personnel as well as other...

  • Risk Management Associate

    5 days ago

    Toronto, Canada China Construction Bank Toronto Branch Full time

    Mandate Key Task: Prepare credit reviews on new and existing corporate, bank and non-bank financial institutions, as directed by Director of the department. Perform tasks in accordance with Branch policies, procedures, manuals, ensuring compliance with local laws and regulations Communicate and work closely with all department personnel as well as other...