Director, Credit Risk Infrastructure

Job Description

What is the opportunity?    
The Director, Credit Risk Infrastructure leads the development and implementation of complex credit risk infrastructure and solutions to support RBC's stress testing (CCAR, EWST, MST) and credit provisioning (CECL, IFRS9) programs.

What will you do?

• Develop, implement and document credit risk infrastructure processes and systems to support stress testing and credit provisioning programs
• Enhance existing credit risk infrastructure and systems through innovative design and development of new future-ready solutions
• Lead cross-functional projects across various stakeholder groups
• Play a leadership role in the partnership with the business, model development, model implementation and production to support internal audit, external audit and regulatory review of credit risk infrastructure
• Act as a point of contact for downstream users to gather requirements and provide analysis
• Ensure credit risk infrastructure and approaches keep pace with regulatory changes and business requirements
• Develop advanced coding solutions, including Python and SAS

Must Have:

• 7+ years of relevant work experience
• University degree in a quantitative discipline such as Finance, Statistics, Economics, Math, Computer Science, or Engineering.
• Strong understanding of IT environments and systems
• Strong understanding of credit risk modeling frameworks
• Strong analytical and problem-solving skills
• Strong technical capacity in statistical computing, including Python, SAS, SQL programming
• Experience with stress testing programs such as EWST, MST, CCAR
• Experience with provisioning programs such as IFRS9 and CECL
• Experience with credit products in the financial industry
• Experience managing highly specialized teams and/or complex projects

Nice-to-Have:

• Strong interpersonal and organizational skills with ability to manage multiple projects simultaneously
• Master's/PhD degree
• FRM/CFA designation

​
What is in it for you?           
We thrive on the challenge to be our best, progressive thinking, to keep growing, and working together to build and deliver trusted reporting to help our stakeholders succeed 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
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to take on progressively greater accountabilities

Job Skills

Cross-Functional Teamwork, Financial Risk Management (FRM), Leadership, Model Development, Model Implementation, People Management, Problem Solving, Python (Programming Language), Risk Management, Risk Modeling, SAS, Stress Testing

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Application Deadline:

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion 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.

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

---