Manager - Stress Testing Analytics
2 weeks ago
**Job Summary**
RBC is hiring a Manager of Stress Testing Analytics. This role will be responsible for the implementation and execution of stress test tools supporting the data generation and aggregation for various internal and regulatory stress testing programs, working with RBC economics to produce economic projections, building analytical tools and reports to provide internal and external stakeholders with insights into how RBC’s balance sheet and key financial ratios perform under stress.
In this role and as part of the Enterprise Stress Testing team, there are unique opportunities to gain a birds-eye view into the inner workings of a large financial institution; learn finance, risk, and treasury concepts; employ data science skills; and learn how novel risks such as geopolitical tensions and climate change impact the Bank.
**What is the opportunity?**
RBC is hiring a Manager of Stress Testing Analytics. This role will be responsible for the implementation and execution of stress test tools supporting the data generation and aggregation for various internal and regulatory stress testing programs, working with RBC economics to produce economic projections, building analytical tools and reports to provide internal and external stakeholders with insights into how RBC’s balance sheet and key financial ratios perform under stress.
In this role and as part of the Enterprise Stress Testing team, there are unique opportunities to gain a birds-eye view into the inner workings of a large financial institution; learn finance, risk, and treasury concepts; employ data science skills; and learn how novel risks such as geopolitical tensions and climate change impact the Bank.
- This is a Hybrid role with 3 in-office days per week based out of the downtown Toronto office._
**What will you do?**
- Implement and execute tools, processes, and methodologies required for stress test production and analysis of RBC’s exposures and portfolios.
- Develop and implement the macroeconomic variable expansion tools required for Stress Testing. This includes historical data analysis, model development and validation.
- Manage external vendor contract, delivery, and logistics for scenario expansion process.
- Review the output from external vendor for the expansion of macroeconomic factors.
- Co-ordinate with IT colleagues on timing and execution around the distribution of CCAR scenarios.
- Produce stress testing results and conduct analysis covering the impacts on capital, liquidity, and management action under various stress scenarios.
- Cross-functional participation and support in Group Risk Management, Stress Testing projects.
- Keep abreast of advances in stress testing analytics.
**What do you need to succeed?**
**Must-have**
- University degree in Finance, Accounting, Economics, Risk Management, Engineering, Statistics, Mathematics, or other quantitative field of study.
- 2+ years of industry experience in financial services (stress testing, corporate treasury, risk management).
- Experience developing concise and impactful executive-level reports, presentations, and other deliverables.
- Advanced proficiency with Excel, PowerPoint, VBA, Python, SQL
- Strong conceptual, analytical, and problem-solving skills.
- Strong understanding of banks’ balance sheets, P&L and capital.
- Strong ability to communicate, verbally and in writing, complex concepts to a non-technical audience.
**Nice-to-have**
- Proficiency with a range of data tools, such as Tableau, Bloomberg Terminal, etc.
- CFA, FRM, CPA, or any finance
- or risk-related professional designation/certification.
- Exposure to at least one of the following risk methodology areas is an asset: credit, market/trading, structural interest rate, and/or liquidity risk.
**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 including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
- Leaders who support your development through coaching and managing opportunities
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- A world-class training program in financial services
- Flexible work/life balance options
- Opportunities to do challenging work
**Job Skills**
Communication, Competitive Markets, Critical Thinking, Financial Instruments, Financial Regulation, Long Term Planning, Process Management, Quality Management, Quantitative Methods, Risk Management
**Additional Job Details**
**Address**:
RBC CENTRE, 155 WELLINGTON ST W:TORONTO
**City**:
TORONTO
**Country**:
Canada
**Work hours/week**:
37.5
**Employment Type**:
Full time
-
Associate Director, Stress Testing Analytics
2 weeks ago
Toronto, Canada Royal Bank of Canada Full time**Job Summary** RBC is hiring an Associate Director of Stress Testing Analytics. This role will be responsible for the development and implementation of stress test tools supporting the data generation and aggregation for various internal and regulatory stress testing programs, working with RBC economics to produce economic projections, building analytical...
-
Associate Director, Stress Testing Analytics
1 week ago
Toronto, Canada Royal Bank of Canada Full time**Job Summary** This incumbent will work with stakeholders from GRM, Finance, Treasury, IT to develop/enhance credit portfolio stress testing measurement and reporting processes, controls, and infrastructure, while ensuring compliance to internal and external requirements to meet stress testing reporting standards under US and Canadian regulations. **What...
-
Toronto, Canada Scotiabank Full timeJoin a purpose driven winning team, committed to results, in an inclusive and high-performing culture.Title: Manager, Capital Markets Stress Testing and Data AnalyticsRequisition ID: 214721About the RoleAre you passionate about financial markets and eager to apply analytical skills in a fast-paced environment? Do you thrive in an environment that challenges...
-
Toronto, Canada Scotiabank Full timeJoin a purpose driven winning team, committed to results, in an inclusive and high-performing culture.Title: Manager, Capital Markets Stress Testing and Data AnalyticsRequisition ID: 214721About the RoleAre you passionate about financial markets and eager to apply analytical skills in a fast-paced environment? Do you thrive in an environment that challenges...
-
Toronto, Canada Scotiabank Full timeJoin a purpose driven winning team, committed to results, in an inclusive and high-performing culture.Title: Manager, Capital Markets Stress Testing and Data AnalyticsRequisition ID: 215915About the RoleAre you passionate about financial markets and eager to apply analytical skills in a fast-paced environment? Do you thrive in an environment that challenges...
-
Toronto, Canada Scotiabank Full timeTitle: Manager, Capital Markets Stress Testing and Data AnalyticsRequisition ID: 215915Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.About the RoleAre you passionate about financial markets and eager to apply analytical skills in a fast-paced environment? Do you thrive in an environment that challenges...
-
Toronto, Canada Scotiabank Full timeRequisition ID: 215915 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **About the Role** Working primarily on the data analytics side of the team, you will maintain and enhance the existing market data infrastructure that feeds the risk models for the bank. Alongside the stress testing part of the...
-
Toronto, Canada Scotiabank Full timeRequisition ID: 214721Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.About the RoleAre you passionate about financial markets and eager to apply analytical skills in a fast-paced environment? Do you thrive in an environment that challenges you to lead innovative approaches to risk management in the...
-
Manager, Us Stress Testing
3 weeks ago
Toronto, Canada BMO Financial Group Full time100 King Street West Toronto Ontario,M5X 1A1 Supports the research and development of stress testing and scenario analysis methodologies and related strategies in support of the management of risks arising from changes in the market and external environment for business/group portfolios and products. Applies knowledge of analytics algorithms and...
-
Toronto, Canada Scotiabank Full timeTitle: Manager, Capital Markets Stress Testing and Data Analytics Requisition ID: 215915 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. About the Role Are you passionate about financial markets and eager to apply analytical skills in a fast-paced environment? Do you thrive in an environment that...
-
Director, Liquidity Stress Testing
3 weeks ago
Toronto, Canada Scotiabank Full timeRequisition ID: 208684 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Director, Liquidity Stress Testing will enhance the Liquidity Management role within Group Treasury by providing thought leadership and guidance on the development of internal stress scenarios & corresponding assumptions. The...
-
Toronto, Canada Scotiabank Full timeTitle: Senior Manager, Capital Markets Stress Testing and Data Analytics Requisition ID: 214719 Join a purpose-driven winning team, committed to results, in an inclusive and high-performing culture. About the Role Are you a strategic thinker with expertise in market risk, counterparty credit, stress testing and/or data analytics? Do you thrive in an...
-
Manager, Liquidity Stress Testing
2 weeks ago
Toronto, Canada Scotiabank Full timeRequisition ID: 196886 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Manager, Liquidity Stress Testing will contribute to the overall success of the Liquidity Stress Testing Management team within Group Treasury in Toronto ensuring specific individual goals, plans, initiatives are executed /...
-
Associate Director
4 weeks ago
Toronto, Canada Royal Bank of Canada Full time**Job Summary** **APPLICATION DEADLINE: DECEMBER 20, 2024** **What is the opportunity?** RBC Caribbean Banking (“RBCC”) is hiring an Associate Director of Stress Testing & Treasury Analytics Caribbean. This role will be responsible for the development and implementation of stress testing tools to support the data generation and aggregation for various...
-
Manager, Enterprise Stress Testing
2 weeks ago
Toronto, Canada Scotiabank Full timeRequisition ID: 207881 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Is this role right for you? In this role you, will**: - Develop and implement the credit risk models using technology platforms, primarily utilizing Python. It involves models that forecast credit rating migration probabilities...
-
Enterprise Stress Testing Lead
4 days ago
Toronto, Ontario, Canada Scotiabank Full timeAre you a strategic thinker with a passion for Enterprise Stress Testing? Do you have a strong background in credit risk analytics and model development?Job RequirementsWe seek a highly skilled Enterprise Stress Testing Lead to join our team in Toronto, Canada. As a key member of our Enterprise Stress Testing group, you will play a critical role in...
-
Toronto, Canada BMO Financial Group Full time100 King Street West Toronto Ontario,M5X 1A1 Supports the research and development of stress testing and scenario analysis methodologies and related strategies in support of the management of risks arising from changes in the market and external environment for business/group portfolios and products. Applies knowledge of analytics algorithms and...
-
Retail Credit Stress Testing Lead
5 days ago
Toronto, Ontario, Canada RBC Full timeJob DescriptionRBC's Retail Credit Stress Testing team is seeking a highly skilled Associate Director to lead its efforts in analyzing and mitigating retail credit risk. As a key member of the Group Risk Management team, you will be responsible for designing and implementing stress testing frameworks, collaborating with cross-functional teams, and ensuring...
-
Associate Director, Liquidity Stress Testing
15 hours ago
Toronto, Canada Scotiabank Full timeRequisition ID: 218024 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The liquidity stress testing team is responsible for developing and maintaining internal assumptions, methodologies and stress scenarios to ensure sufficient liquidity during periods of stress. Reporting to the Director, Liquidity...
-
Manager, Enterprise Stress Testing
1 week ago
Toronto, Canada Scotiabank Full timeRequisition ID: 211231 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Is this role right for you? In this role, you will**: - Develop and maintain the Pre-provision net revenue (PPNR) models for the wholesale and retail portfolios using technology platforms, primarily in Python and R. These models...
