Associate Director, Enterprise Model Risk Management
1 month ago
We are seeking an experienced Associate Director to join our Enterprise Model Risk Management team. As a key member of our team, you will play a critical role in ensuring the integrity and efficacy of various quantitative models used in the bank.
Job DescriptionAs an Associate Director, you will be responsible for:
- Validating models: Including regression models, front office pricing models, market and counterparty credit risk models, and credit risk models.
- Engaging with stakeholders: Working closely with risk, finance, front office, and other related function group personnel to identify, assess, monitor, and manage model risk proactively.
- Oversight responsibilities: Ensuring that models are appropriately registered and risk rated by EMRM, validated before use, and follow appropriate protocol when adjustments or other changes are made.
You will also have the opportunity to offer input on model design or use that would enhance the management of model risk.
RequirementsTo succeed in this role, you will need:
- A Master's Degree in a quantitative discipline such as math, physics, econometrics, statistics, or financial engineering.
- A strong quantitatively oriented knowledge of financial products and industry best practices and regulatory requirements for model risk management.
- More than 3 years of working experience as a quantitative analyst and/or in mathematical/statistical modeling.
- Experience in working with programming languages (Python, C++/C# or VBA) or statistical analysis tools (SAS, MATLAB, or R).
- Strong verbal and written communication skills.
- A collaborative mind-set with strong interpersonal skills.
We offer a comprehensive Total Rewards Program, including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable. You will also have the opportunity to work in a dynamic, collaborative, progressive, and high-performing team, with leaders who support your development through coaching and managing opportunities.
We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We strive to provide an accessible candidate experience for our prospective employees with different abilities.
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Toronto, Ontario, Canada Royal Bank of Canada> Full timeJob SummaryWe are seeking an experienced Associate Director to join our Enterprise Model Risk Management team. As a key member of our team, you will play a critical role in ensuring the integrity and efficacy of various quantitative models used in the bank.Job DescriptionAs an Associate Director, you will be responsible for validating models, engaging with...
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Toronto, Ontario, Canada Royal Bank of Canada> Full timeJob SummaryWe are seeking an experienced Associate Director to join our Enterprise Model Risk Management team. As a key member of our team, you will play a critical role in ensuring the integrity and efficacy of various quantitative models used in the bank.Job DescriptionAs an Associate Director, you will be responsible for validating models, engaging with...
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Toronto, Ontario, Canada Royal Bank of Canada> Full timeJob SummaryWe are seeking an experienced Associate Director to join our Enterprise Model Risk Management team. As a key member of our team, you will play a critical role in ensuring the integrity and efficacy of various quantitative models used in the bank.Job DescriptionAs an Associate Director, you will be responsible for:Validating models: Including...
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Toronto, Ontario, Canada Royal Bank of Canada> Full timeJob SummaryWe are seeking an experienced Associate Director to join our Enterprise Model Risk Management team. As a key member of our team, you will play a critical role in ensuring the integrity and efficacy of various quantitative models used in the bank.Job DescriptionAs an Associate Director, you will be responsible for:Validating models: Including...
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Toronto, Ontario, Canada Royal Bank of Canada> Full timeJob SummaryWe are seeking an experienced Associate Director to join our Enterprise Model Risk Management team. As a key member of our team, you will play a critical role in ensuring the integrity and efficacy of various quantitative models used in the bank.Job DescriptionAs an Associate Director, you will be responsible for:Validating models: Including...
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Toronto, Ontario, Canada Royal Bank of Canada> Full timeJob SummaryWe are seeking an experienced Associate Director to join our Enterprise Model Risk Management team. As a key member of our team, you will play a critical role in ensuring the integrity and efficacy of various quantitative models used in the bank.Job DescriptionAs an Associate Director, you will be responsible for:Validating models: Including...
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Toronto, Ontario, Canada Royal Bank of Canada> Full timeJob SummaryWe are seeking an experienced Associate Director to join our Enterprise Model Risk Management team. As a key member of our team, you will play a critical role in ensuring the integrity and efficacy of various quantitative models used in the bank.Job DescriptionAs an Associate Director, you will be responsible for:Validating models: Including but...
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Toronto, Ontario, Canada Royal Bank of Canada> Full timeJob SummaryWe are seeking an experienced Associate Director to join our Enterprise Model Risk Management team. As a key member of our team, you will play a critical role in ensuring the integrity and efficacy of various quantitative models used in the bank.Job DescriptionAs an Associate Director, you will be responsible for:Validating models: Including but...
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Old Toronto, Ontario, Canada Royal Bank of Canada Full timeJob SummaryAs an Associate Director, Enterprise Model Risk Management, you will be responsible for validating interest rate and hybrid derivative pricing and risk models used for financial and regulatory reporting for RBC trading activities. This involves replicating, benchmarking, backtesting, and applying other techniques as applicable to ensure the...
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Old Toronto, Ontario, Canada Royal Bank of Canada Full timeJob SummaryAs an Associate Director, Enterprise Model Risk Management, you will be responsible for validating interest rate and hybrid derivative pricing and risk models used for financial and regulatory reporting for RBC trading activities. This involves replicating, benchmarking, backtesting, and applying other techniques as applicable to ensure the...
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Toronto, Ontario, Canada Royal Bank of Canada Full timeJob SummaryAs an Associate Director, Enterprise Model Risk Management, you will be responsible for validating interest rate and hybrid derivative pricing and risk models used for financial and regulatory reporting for RBC trading activities. This role requires a strong understanding of derivative pricing models and risk management methodology, as well as...
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Toronto, Ontario, Canada Royal Bank of Canada Full timeJob SummaryAs an Associate Director, Enterprise Model Risk Management, you will be responsible for validating interest rate and hybrid derivative pricing and risk models used for financial and regulatory reporting for RBC trading activities. This role requires a strong understanding of derivative pricing models and risk management methodology, as well as...
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Toronto, Ontario, Canada Royal Bank of Canada Full timeJob SummaryAs an Associate Director, Enterprise Model Risk Management, you will be responsible for validating interest rate and hybrid derivative pricing and risk models used for financial and regulatory reporting for RBC trading activities. This involves replicating, benchmarking, backtesting, and applying other techniques as applicable to ensure the...
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Toronto, Ontario, Canada Royal Bank of Canada Full timeJob SummaryAs an Associate Director, Enterprise Model Risk Management, you will be responsible for validating interest rate and hybrid derivative pricing and risk models used for financial and regulatory reporting for RBC trading activities. This involves replicating, benchmarking, backtesting, and applying other techniques as applicable to ensure the...
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Toronto, Ontario, Canada Royal Bank of Canada Full timeJob SummaryAs an Associate Director, Enterprise Model Risk Management, you will be responsible for validating interest rate and hybrid derivative pricing and risk models used for financial and regulatory reporting for RBC trading activities. You will work closely with model stakeholders to identify and escalate material issues related to model risk, and...
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Toronto, Ontario, Canada Royal Bank of Canada Full timeJob SummaryAs an Associate Director, Enterprise Model Risk Management, you will be responsible for validating interest rate and hybrid derivative pricing and risk models used for financial and regulatory reporting for RBC trading activities. You will work closely with model stakeholders to identify and escalate material issues related to model risk, and...
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Toronto, Ontario, Canada Royal Bank of Canada> Full timeJob SummaryWe are seeking an experienced Associate Director to join our Enterprise Model Risk Management team. As a key member of our team, you will play a critical role in ensuring the integrity and efficacy of various quantitative models used in the bank.Job DescriptionWhat is the Opportunity?The successful candidate will be responsible for validating...
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Toronto, Ontario, Canada Royal Bank of Canada> Full timeJob SummaryWe are seeking an experienced Associate Director to join our Enterprise Model Risk Management team. As a key member of our team, you will play a critical role in ensuring the integrity and efficacy of various quantitative models used in the bank.Job DescriptionWhat is the Opportunity?The successful candidate will be responsible for validating...
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Toronto, Ontario, Canada Royal Bank of Canada> Full timeJob SummaryWe are seeking an experienced Associate Director to join our Enterprise Model Risk Management team. This role offers a unique opportunity to ensure the integrity and efficacy of various quantitative models used in the bank, while safeguarding against regulatory, financial, and reputational risks linked to model risks.Key ResponsibilitiesModel...
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Toronto, Ontario, Canada Royal Bank of Canada> Full timeJob SummaryWe are seeking an experienced Associate Director to join our Enterprise Model Risk Management team. This role offers a unique opportunity to ensure the integrity and efficacy of various quantitative models used in the bank, while safeguarding against regulatory, financial, and reputational risks linked to model risks.Key ResponsibilitiesModel...
