Associate Director, Counterparty Credit Risk Analytics Specialist
1 month ago
Job Opportunity
We are seeking a highly skilled Associate Director, Counterparty Credit Risk Analytics to join our Group Risk Management team. As a key member of our team, you will be responsible for the conceptual design, development, and ongoing maintenance of mathematical models used for the measurement and capitalization of counterparty credit risk of RBC's derivative portfolio.
Key Responsibilities
- Collaborate with model users to understand their business requirements and develop technical implementation details.
- Conduct research and review regulatory requirements to evaluate best practices for modeling and make recommendations on model methodologies.
- Develop and implement mathematical models, including assumptions and limitations, and document results in whitepapers and annual assessments.
- Investigate and remediate modeling issues identified through ongoing monitoring or by internal validation.
- Re-calibrate models on a regular basis and re-assess and test models against alternative models.
Requirements
- Broad knowledge of traded products across various asset classes and knowledge of regulatory & internal risk management requirements for counterparty credit risk.
- Strong analytical and problem-solving skills, with excellent programming skills (e.g., Python, MatLab) and data management and analysis skills (SQL and Excel required).
- Ability to work collaboratively to achieve team goals and adapt to changing circumstances in a dynamic environment.
- Strong English communication skills, both written and verbal, especially in the explanation of complex modeling concepts to senior management and regulators.
What We Offer
- A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation.
- Ability to make a difference and lasting impact in a dynamic, collaborative, progressive, and high-performing team.
- Opportunities to take on progressively greater accountabilities and work in a company that thrives 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.
Job Skills
Client Counseling, Competitive Markets, Critical Thinking, Financial Instruments, Financial Regulation, Investment Risk Management, Long Term Planning, Quantitative Methods, Risk ManagementAdditional Job Details
Platform:
GROUP RISK MANAGEMENTJob Type:
RegularPay Type:
SalariedAt RBC
We strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.-
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