Current jobs related to Associate Director, Enterprise Model Risk Management - Toronto - Royal Bank of Canada
-
Toronto, Canada Royal Bank of Canada Full time**What is the opportunity?** As an Associate Director, Enterprise Model Risk Management EMRM within our Group Risk Management (GRM) team, you will execute and document validations of the Bank’s enterprise-wide credit risk rating systems and methodologies, with focus on Wholesale and Retail credit risk systems, including acquisition & account management...
-
Risk Management Model Risk Associate
1 week ago
Toronto, Canada MUFG Full time**Risk Management Model Risk Associate** *** **Job Summary**: Quantitative Risk Control (QRC) is responsible for the management of enterprise-wide End User Computing (EUC) and Model risks associated with the Bank's development, deployment, and maintenance of quantitative processes. In order to manage these risks, we have developed and implemented a...
-
Risk Management Model Risk Associate
1 week ago
Toronto, Canada MUFG Full timeRisk Management Model Risk Associate **Job Summary**: Quantitative Risk Control (QRC) is responsible for the management of enterprise-wide End User Computing (EUC) and Model risks associated with the Bank's development, deployment, and maintenance of quantitative processes. In order to manage these risks, we have developed and implemented a comprehensive...
-
Director, Enterprise Risk Management
6 days ago
Toronto, Canada University Pension Plan Full timeABOUT UPP UPP is the first pension plan of its kind in Ontario’s university sector, proudly serving over 40,000 members across four universities and fourteen sector organizations. Our purpose is to bring greater retirement peace of mind to the university sector by investing with integrity and serving members with care. As a sector-wide plan designed for...
-
Associate Director
6 days ago
Toronto, Canada Royal Bank of Canada Full time**Job Summary** Reporting to the Director Environmental & Social (E&S) Risk Analytics - Data Strategy and Governance, the Associate Director will be responsible for data & model governance, model inventory management, developing and managing control activities, assessing process completeness and compliance with internal and regulatory standards, and...
-
Toronto, Ontario, Canada RBC Full timeJob DescriptionWhat is the opportunity? As part of the Group Risk Management (GRM) team, the Associate Director, Enterprise Information Management Risk (EIMR) will work with the Director, EIMR to provide oversight and challenge of Information Management (Data) risk and control environment across the enterprise with a focus on 2LOD data controls...
-
Director, Model Risk Audit
2 weeks ago
Toronto, Canada RBC Full timeJob Description Internal Audit (IA), as the Third Line of Defense, provides independent assurance to senior management and the Board of Directors on the effectiveness of risk management policies, processes, and practices in all areas of RBC. As Director, Model Risk Audit CoE, you will be accountable for assessing the design and execution effectiveness of the...
-
Director, Model Risk Audit
2 weeks ago
Toronto, Canada RBC Full timeJob Description Internal Audit (IA), as the Third Line of Defense, provides independent assurance to senior management and the Board of Directors on the effectiveness of risk management policies, processes, and practices in all areas of RBC. As Director, Model Risk Audit CoE, you will be accountable for assessing the design and execution effectiveness of the...
-
Director, Model Risk Audit
2 weeks ago
Toronto, Canada RBC Full timeJob Description Internal Audit (IA), as the Third Line of Defense, provides independent assurance to senior management and the Board of Directors on the effectiveness of risk management policies, processes, and practices in all areas of RBC. As Director, Model Risk Audit CoE, you will be accountable for assessing the design and execution effectiveness of the...
-
Director, Model Risk Audit
2 weeks ago
Toronto, Canada Royal Bank of Canada Full timeJob Description What is the opportunity?Internal Audit (IA), as the Third Line of Defense, provides independent assurance to senior management and the Board of Directors on the effectiveness of risk management policies, processes, and practices in all areas of RBC.As Director, Model Risk Audit CoE, you will be accountable for assessing the design and...
Associate Director, Enterprise Model Risk Management
2 weeks ago
**What is the opportunity?**
As part of the Enterprise Model Risk Management (EMRM) team within Group Risk Management (GRM), the Associate Director will be primarily responsible for carrying out independent validation of models withing the Market and Counterparty Credit Risk model categories as well as the Wealth Management business.
**What will you do?**
- Engage relevant model developer/owners and users across market risk, counterparty credit risk and/or wealth management model categories as necessary in order to acquire and maintain a thorough understanding of the flow and context of model usage by the business.
- Perform independent validation, delivering effective challenge to understand all key sources of model uncertainty and ensure that model usage adheres to RBC model risk policy.
- Deliver clear, well written validation reports with sound conclusions based on assessment and testing outcomes.
- Complete projects within stated timelines to assist the business to use models in a timely and safe way.
- Ensure clients and colleagues are treated with respect, a highly professional empathetic approach is used, and good working relationships are maintained. Look for, and act upon, opportunities to strengthen the quality of challenge, efficiency and communication of key model risk processes and deliverables.
- Partner with stakeholders to achieve collective results. Act as a catalyst to ensure team is strategically aligned with business strategies while maintaining the Bank’s desired risk profile.
- Support direct managers and contribute directly to process improvement projects aimed at maximizing quality and efficiency of the model risk management process
- Provide support for more junior members of the team to enable them to perform validation activities
**What do you need to succeed?**
**Must-have**:
- 5+ years of model risk management or model developer experience with a preferred focus on Market and Counterparty Credit Risk, or Asset Management models.
- Strong analytical, communication, problem solving and stakeholder management skills.
**Nice-to-have**:
- In-depth knowledge of model risk regulations, RBC policies, procedures & practices.
- Proficiency with Bank Technology and/or more general programming languages.
- Experience in wealth/asset management modelling.
**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.
- Leaders who support your development through coaching and managing opportunities.
- Work in a dynamic, collaborative, progressive, and high-performing team.
- Opportunities for growth, and opportunities to redefine audit approaches.
**Job Skills**
Critical Thinking, Derivatives, Financial Instruments, Financial Regulation, Market Risk, Model Risk, People Management, Quantitative Methods, Risk Management, Risk Management Information Systems
**Additional Job Details**
**Address**:
ROYAL BANK PLAZA, 200 BAY ST: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**:
2025-08-19
**Application Deadline**:
2025-08-25
**I**nclusion** and Equal Opportunity Employment**
At 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 Community**
Stay 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.
