Associate Director, Market Risk
2 months ago
**Job Summary**
**What is the Opportunity?**
We are looking for a bright, committed, high-performing individual to become a key contributor to market risk management. We are a team that prices itself for high quality work with significant impact across the bank and continuous interaction with other groups and senior management.
**What will you do?**
- Assist in providing independent oversight of market risk arriving from CNB businesses and operations.
- Work in partnership with various stakeholders to enhance governance and processes at CNB.
- Participate in the GRM 2nd Line of Defense review and challenges.
- Assist in the monitoring and review of risk thresholds/limits and ensuring thresholds/limits are comprehensive and include all risk factors that are relevant.
- Work with Enterprise GRM teams to foster synergy and share best practices.
- Assist in daily monitoring of limits and providing accurate and timely communication of material and emerging risks to senior management and other stakeholders.
- Participate in ad-hoc projects as directed by reporting manager.
- Support the team in ensuring that CNB is compliant with heightened standards.
- Participate in facilitating the local alignment and/or adoption of RBC frameworks, policies, and standing orders.
- Assist with the coordination between different stakeholders to facilitate projects related tasks.
- Look for opportunities to improve and standardize processes within the GRM CNB team.
- Assist in the preparation of presentations/materials to be used in presentation and/or updates to senior executives, committees, or stakeholders.
**What do you need to succeed?**
**Must Have**:
- Bachelor’s Degree - BS/ Finance or quantitative preferred.
- 3+ years of experience with exposure to market risk in a large financial institution.
- Strong knowledge of market risk management.
- Understanding of markets and products including Derivatives (OTC, Centrally Cleared
- Derivatives, Exchange Traded Derivatives) and Securities (Securitized Products, Floating Rate.
- Experienced in managing and coordinating projects.
- Must have excellent written and verbal communication and interpersonal skills.
- Strong ability to communicate effectively.
**Nice-to-Have**:
- Prefer 5+ years of banking experience.
- Degree in quantitative field of study. (e.g. Statistics, Finance, Economics, Business
- Administration, Computer Science)
- Demonstrated leadership in cross-functional environment.
- Thorough knowledge of personal computers and various software packages, including Tableau,
- Excel and Word.
**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 compensation
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to take on progressively greater accountabilities
**Job Skills**
Decision Making, Financial Instruments, Group Problem Solving, Market Risk, Performance Management (PM), Resource Coordination, Risk Management, Waterfall Project 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
**Platform**:
GROUP RISK MANAGEMENT
**Job Type**:
Regular
**Pay Type**:
Salaried
**Posted Date**:
2024-10-28
**Application Deadline**:
2024-11-10
**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.
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