Associate Director, Credit Modeling and Methodology

Job DescriptionWhat is the opportunity?The Associate Director, Credit Modeling & Methodology will be part of the team that is responsible for the development and deployment of the data-driven rating model for RBC small business and commercial clients in Canadian Banking. This model ranks non-personal clients in terms of their credit worthiness, and it plays a critical role in the Bank’s credit risk management framework.This role will assist the Director, Credit Modeling & Methodology in various model development initiatives spanning from data engineering (in order to construct the modeling data), development of modeling methodologies, model testing and implementation.We are looking for a bright, committed, high-performing individual to become a key contributor on the model development team. The preferred candidate should have a quantitative background and will be a key contributor in model development processes. We are a team that prides itself in high quality work with significant impact across the bank and continuous interaction with other groups, senior management and regulators. Given the nature of our work, the opportunity to learn, grow and expand your network is significant. What will you do?Participate in the end-to-end model development process, from the data extraction, data processing, to the model training and testing.Support the model during the model validation and auditing projects and address the issues if any.Involve in the model implementation and deployment.Support the model BAU operations (e.g., model monitoring, model production run).  Provide analytical support on ad-hoc requests originating from various stakeholders.Be agile in response to evolving model user requirements and competing priorities.What do you need to succeed?Must-haveStrong quantitative modeling skills and working experience in credit risk modeling. Effective and equally conversant in translating technical expertise into business language that drivesinsights.3+ years working experience in financial industry and in the quantitative field (e.g., projects involving data manipulation, modeling, or other analytical tasks).Advanced Python programming and experience in SQL or similar tools. Nice-to-haveDegree in quantitative field of study (e.g., Mathematics, Statistics, Engineering, Computer Science) – to demonstrate capability for critical thinking and analytical skillsWorking experience with data from different environments: Enterprise Data Warehouse, Hadoop, etc. Advanced knowledge / working experience with database management.Expertise in Linux server and other development platforms (e.g., Docker) including system setup and configuration 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. Leaders who support your development through training and coaching.Work with a dynamic, collaborative team with ability to make a difference.Job SkillsClient Counseling, Competitive Markets, Critical Thinking, Financial Instruments, Financial Regulation, Investment Risk Management, Long Term Planning, Quantitative Methods, Risk ManagementAdditional Job DetailsAddress:RBC CENTRE, 155 WELLINGTON ST W:TORONTOCity:TorontoCountry:CanadaWork hours/week:37.5Employment Type:Full timePlatform:GROUP RISK MANAGEMENTJob Type:RegularPay Type:SalariedPosted Date:2025-12-08Application Deadline:2025-12-23Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion and Equal Opportunity EmploymentAt RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.