Risk Manager, Counterparty Credit Risk

2 weeks 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 that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

**Job Title**

Risk Manager, Counterparty Credit Risk

**What is the opportunity?**

The Counterparty Credit Risk group provides independent and effective on-site monitoring, controlling and communicating on the nature and extent of all material market and trading credit risks and to ensure the implementation of and compliance with risk management policies and procedures. The incumbent will lead in developing and promoting a “Best in Class” risk oversight environment for the market risk associated with RBC’s Capital Market businesses and activities.

**What will you do?**
- Provide risk oversight for RBC’s Capital Market trading, acting as a key link between trading staff, management and Group Risk Management.
- Oversee and enhance risk control processes for the business: Develop key sensitivity metrics, implement metrics and establish risk reporting; establish and implement appropriate limits to ensure that business is operating within approved policies and limits; identify supplementary risk controls that may be required to manage the risks and exposure as necessary
- Frequently involve in the counterparty risk framework with regard to various valuation adjustments (CVA, FVA, discounting VA etc) for derivative products across the bank.
- Be a key partner to the business in the development of the Risk Control frameworks as it pertains to a robust risk oversight and control governance infrastructure.
- Monitor trading activities and exposures to ensure they are within approved policies and limits, and that reports are timely and accurate.
- 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.
- Provide insights and commentary on key risks and exposures versus market trends and potential events.
- Ensure that all material market risk models are independently vetted and certified before the commencement of trading.

**What do you need to succeed?**

**Must-have**
- Minimum of 3-5 years of experience working in a Market Risk / Sales&Trading (or related) role including: potential future exposure measurement and back-testing, derivative documentation and collateral arrangements, strong knowledge of counterparty credit and market risk concepts (credit risk analysis, market risk sensitivity analysis, VaR, stress testing etc.)
- In depth knowledge of vanilla and exotic derivative products spanning all asset classes, including Fixed income, Credit, Foreign Exchange and Equity
- Strong written and oral communication skills with the ability to condense complex details into narratives suitable for communication with senior risk and business management

**Nice-to-have**
- Previous experience leading and mentoring and building a high performance team
- Leadership role in large scale projects with a tractable success rate
- CFA/ FRM / PRA are an asset

**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 variety of asset classes within RBC business units
- Opportunity to learn and lead comprehensive and amalgamated derivative businesses and strategies within Market Risk and Sales &Trading
- 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

**Job Summary**

**Address**:
TORONTO, Ontario, Canada

**City**:
CAN-ON-TORONTO

**Country**:
Canada

**Work hours/week**:
37.5

**Employment Type**:
Full time

**Platform**:
Group Risk Management

**Job Type**:
Regular

**Pay Type**:
Salaried

**Posted Date**:
2023-03-01-08:00

**Application Deadline**:
2023-03-16-07:00

**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, c

  • Manager, Counterparty Credit Risk Innovative

    3 days ago

    Toronto, Canada Raise Full time

    Our Banking client in **Toronto, Ontario **is looking to hire a **Manager, Counterparty Credit Risk Innovative Analytics - IT** for a **6-months contract role.** **What you will be doing** - As the Manager in Innovative Analytics Team, you will play a key role in contributing to continuous research, design, and delivery of an advanced multi-disciplined risk...

  • Associate, Global Counterparty Credit

    22 hours ago

    Toronto, Canada TD Bank Full time

    402134BR Securities / Wholesale Banking Toronto, ON March 7, 2023 Company Overview 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 risk-oriented teams of...

  • Associate, Global Counterparty Credit

    6 days ago

    Toronto, Canada TD Bank Full time

    **TD Description** Stay 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 risk-oriented...

  • Credit Risk Manager, Esg Credit Risk Management

    3 days ago

    Toronto, Canada TD Bank Full time

    **TD Description** Stay current and competitive. Carve out a career for yourself. Grow with us. **Department Overview** Environment, Social & Governance Credit Risk Management (ESG-CRM) under Non-Financial Risk Management (NFRM) is responsible for the identification, assessment, remediation and reporting of climate risk within TDBG's credit portfolio. The...

  • Market Risk Management Consultant

    3 hours ago

    Toronto, Canada Aarorn Technologies Inc. Full time

    **Job Title: Market Risk Management Consultant** **Location: Toronto, ON (Thrice a Week Onsite)** **Requirements**: - Capital Markets project implementation - essential (especially Fixed Income, Money Market and Equities related projects) - Strong Risk management knowledge (must be currently CFA/ FRM/ PRMIA certified) - Analysis, data mapping and reporting...

  • Credit Risk Manager, Esg Credit Risk Management

    5 days ago

    Toronto, Canada TD Bank Full time

    Lieu de travail: Toronto, Ontario, Canada Horaire: 37.5 Secteur d’activité: Gestion des risques Détails de la rémunération: Description du poste: Department Overview Environment, Social & Governance Credit Risk Management (ESG-CRM) under Non-Financial Risk Management (NFRM) is responsible for the identification, assessment, remediation and...

  • Risk Manager, Ccr Exposure Monitoring

    3 days ago

    Toronto, Ontario, Canada RBC - Royal Bank Full time

    Job SummaryDevelops and implements global risk management reports, systems, and processes to minimize investments risks. Applies experience and seasoned knowledge, skills, and practices to perform a variety of assignments.Job DescriptionWhat is the opportunity? As Risk Manager in the Counterparty Credit Risk Exposure Monitoring team, you are responsible for...

  • Market Risk Management Consultant

    4 days ago

    Toronto, Canada Epsilon Solutions Full time

    **Job Title: Market Risk Management Consultant With Capital Market** **Location: Toronto, ON** **Duration: 12+ Months Contract** **Requirements**: - Capital Markets project implementation - essential (especially Fixed Income, Money Market and Equities related projects) - Strong Risk management knowledge (must be currently CFA/ FRM/ PRMIA certified) -...

  • Credit & Risk Solutions - Sales Specialist

    22 hours ago

    Toronto, Canada S&P Global Full time

    Credit and Risk Solutions (C&RS) Sales - Americas **The Team**: This is an exciting opportunity to join the Credit and Risk Solutions Sales Team, a focused and dynamic team with the opportunity to build on the last few years of significant growth and product development within the C&RS Business. **The Impact**: The C&RS business has a strategic plan to be...

  • Market Risk Analyst

    2 hours ago

    Toronto, Canada TD Bank Full time

    **TD Description** Stay current and competitive. Carve out a career for yourself. Grow with us. **Department Overview** - The Market Risk team 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. Capital Markets Risk Management...

  • Risk Manager, Credit Policy

    3 days ago

    Toronto, Canada TD Bank Full time

    **TD Description** Stay current and competitive. Carve out a career for yourself. Grow with us. **Department Overview** Retail Risk Management (RRM) is responsible for the development and execution of risk strategies and initiatives that will achieve a high level of credit quality, while supporting business growth and profitability targets. The Real...

  • Senior Manager, Credit Risk Policy, Risk Management

    2 weeks ago

    Toronto, ON, Canada Lannick Full time

    Plan, design, Create, review and revise credit policies in accordance with the strategic goals and objectives, risk tolerance, and regulatory requirements Develop detailed credit guidelines that outline the systematic processes for credit underwriting, credit evaluation, credit adjudication & approval, account monitoring Outline the hierarchy of...

  • Senior Manager, Financial Risk, Internal Audit

    3 days ago

    TORONTO, Canada Royal Bank of Canada Full time

    Job SummaryJob DescriptionWhat is the opportunity? An exciting opportunity to be a key member of the Internal Audit, Financial risk team. As a Senior Manager, you will provide an independent and objective assessment of the effectiveness of RBC’s risk management practices with a primary focus on Market Risk and Counterparty Credit Risk, and support...

  • Senior Manager, Financial Risk, Internal Audit

    6 days ago

    Toronto, Canada Royal Bank of Canada> Full time

    Job SummaryJob DescriptionWhat is the opportunity? An exciting opportunity to be a key member of the Internal Audit, Financial risk team. As a Senior Manager, you will provide an independent and objective assessment of the effectiveness of RBC’s risk management practices with a primary focus on Market Risk and Counterparty Credit Risk, and support...

  • Risk Manager, Credit Policy

    3 days ago

    Toronto, Canada TD Bank Full time

    408602BR Risk Management Toronto, ON May 5, 2023 Company Overview Department Overview Retail Risk Management (RRM) is responsible for the development and execution of risk strategies and initiatives that will achieve a high level of credit quality, while supporting business growth and profitability targets. The Real Estate Secured Lending (RESL)...

  • Group Risk Analyst Ii

    22 hours ago

    Toronto, Canada TD Bank Full time

    **TD Description** Stay current and competitive. Carve out a career for yourself. Grow with us. **Department Overview** Collateral Risk Management sits within Capital Markets Risk Management (CMRM) which is responsible for the market and credit risk of TD Securities. A global, multi-faceted and cross product team, the primary objective of the Collateral...

  • Sr. Manager, Credit Risk

    2 weeks ago

    Toronto, Canada Healthcare of Ontario Pension Plan Full time

    Why you’ll love working here:high-performance, people-focused cultureour commitment that equity, diversity, and inclusion are fundamental to our work environment and business success, which helps employees feel valued and empowered to be their authentic selvesmembership in HOOPP’s world class defined benefit pension plan, which can serve as an important...

  • Senior Manager, Financial Risk, Internal Audit

    4 days ago

    Toronto, Canada RBC - Royal Bank Full time

    Job SummaryJob DescriptionWhat is the opportunity? An exciting opportunity to be a key member of the Internal Audit, Financial risk team. As a Senior Manager, you will provide an independent and objective assessment of the effectiveness of RBC's risk management practices with a primary focus on Market Risk and Counterparty Credit Risk, and support effective...

  • Executive Assistant, Global Counterparty Credit

    5 days ago

    Toronto, Canada TD Bank Full time

    405490BR Securities / Wholesale Banking Toronto, ON April 5, 2023 Company Overview Department Overview TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities...

  • Market Risk Specialist

    7 days ago

    Toronto, Canada TD Bank Full time

    **TD Description** Stay current and competitive. Carve out a career for yourself. Grow with us. **Department Overview** The Market Risk Control (MRC) - Counterparty Credit Risk (CCR) group is responsible for: - Oversight of CCR for TDBG - Oversight of XVA Valuation processes for TDBG including TDGUS - Stress-testing activities related to CCR for TDBG -...