Associate Director, Portfolio Risk Management

**Job Summary**

**What is the opportunity?**

As an **Associate Director, Portfolio Risk Management**, you will support the Director in preparing analyses to drive insights into the implications and extent of topical and emerging risks impacting the Bank. The team will conduct analysis and research to explore the implications of portfolio-level or material enterprise risks on the financial sector and RBC, with the goal of understanding, estimating, and quantifying their impacts - collaborating with business and functional stakeholders across the enterprise. The team will summarize findings in spotlight pages to provide guidance for various audiences including GRM OC, specific GRM or line-of-business teams, and the board; and will collaborate with business line partners to ensure implications are considered and action items are addressed.

**What will you do?**
- Conduct analysis, research, and collaborate with other business and functional units across the enterprise - to explore, understand, and assess the implications of enterprise-level risks on the financial sector and RBC’s portfolios.
- Perform data analysis, leveraging data from both internal and external sources to quantify risks and their impact to RBC’s portfolio and key operational and financial metrics.
- Prepare insightful and easy-to-understand slides and related materials to present the risks and analysis to senior leadership.
- Explain the insights and analysis to key stakeholders and leadership to garner buy-in and facilitate feedback.
- Collaborate with other risk, functional, and business partners to ensure that any implications from the analysis are understood, considered, and actioned, where appropriate.
- Develop and expand internal capabilities to leverage relevant industry and economic data, to support the team’s readiness to leverage those data inputs in future analyses.

**What do you need to succeed?**

**Must-have**
- 5+ years of work experience in analytics, in the context of data science, strategy, research, consulting, or similar discipline.
- Strong interpersonal, communication and presentation skills, with the ability to create and articulate a compelling story to senior management and other stakeholders.
- Strong analytical and problem-solving skills, with demonstrated ability to think critically about problems and ask probing questions.
- Ability to approach and learn quickly about unfamiliar topics in a resourceful manner.
- Demonstrated track record of thought leadership and research mindset.
- High proficiency with Excel, PowerPoint, and Python.
- MBA and/or Undergraduate degree in Economics, Business, Statistics, or other quantitative field of study.

**Nice-to-have**:

- Strong knowledge and experience with SQL and other data querying tools is preferred.
- Experience in financial services industry with broad understanding of risk management and analytics
- Knowledge of Personal banking products and macroeconomics

**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 to do challenging work
- Flexible work/life balance options

**Job Skills**

Business, Communication, Critical Thinking, Data Analysis, Data Analysis Tools, Data Analytics, Data Query, Data Science, Economics, Finance Industry, Financial Products, Financial Services Industry, Interpersonal Communication, Macroeconomics, Microsoft Excel, Microsoft PowerPoint, Portfolio Risk Management, Problem Solving, Researching, Risk Management, Statistics, Structured Query Language (SQL), Teamwork

**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**:
2025-02-25

**Application Deadline**:
2025-03-12

**I**nclusion** and Equal Opportunity Employment**

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

**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.