Manager - Wholesale Credit Stress Testing

5 days ago


Toronto, Canada Royal Bank of Canada Full time

**Job Summary**

**What is the opportunity?**

RBC is hiring a Manager, Wholesale Credit Stress Testing. This role is responsible for the wholesale credit stress projections for the Enterprise-Wide Stress Test, Canadian and US regulatory stress tests, as well as ad-hoc analytics to support senior management decision-making.

In this role and as part of the wider team, there are unique opportunities to gain a birds-eye view into the inner workings of a large financial institution; learn finance, risk, and treasury concepts; employ data science skills; and learn how novel risks such as geopolitical tensions and climate change impact the firm.
- This is a Hybrid role with 3 in-office days per week based out of the downtown Toronto office._

**What will you do?**
- Perform wholesale credit risk stress testing exercises and ad-hoc analyses.
- Analyze data using empirical and statistical techniques to fine-tune financial and risk projections.
- Produce credit risk stress testing reports and presentations.
- Take ownership of the planning and execution of stress testing activities.
- Engage cross-functional stakeholders across Finance, Credit Risk, Model Risk, Business Segments, and Corporate Treasury.
- End-to-end project management, from idea conception, solution design, stakeholder buy-in, implementation and monitoring.

**What do you need to succeed?**

**Must-have**
- Bachelor’s degree in Finance, Accounting, Risk Management, Engineering, Computer Science, Statistics, Mathematics, Behavioral Economics, or other quantitative field of study.
- Industry experience in risk management (credit, liquidity and/or market risk) and/or risk consulting.
- Proficiency with Excel, Python, SQL, and PowerPoint.
- Strong analytical, communication and time management skills.

**Nice-to-have**
- Proficiency with a range of data tools, such as Tableau, etc.
- Knowledge of stress testing, credit risk methodologies or lending portfolios.
- Understanding of model risk management and validation processes.
- Working towards CFA, FRM, CPA or finance/risk-related professional designation or certification.

**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 Skills**

Analytical Skills, Business, Communication, Credit, Critical Thinking, Data Analysis, Microsoft Excel, Microsoft PowerPoint, Model Risk, Python (Programming Language), Risk Management, SQL Databases, Stress Testing, Time 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**:
2025-05-23

**Application Deadline**:
2025-05-31

**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.

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