As Associate Director, you’re an integral member of the Portfolio Analysis team, which ensures that the link between the current market environment across all asset classes, RBC’s market risk profile and capital adequacy is established, understood and managed effectively. Your team provides senior management, business heads, and regulators with views on the market risk profile of RBC’s trading portfolio, including developments, trends, and concentrations, in addition to capital adequacy.
As Associate Director, you support the production of analysis for senior management with insight on potential developments, concentrations and trends in risk that could result in significant financial loss under adverse market conditions.
What you will do?
Contribute to the development of the ad-hoc market risk analysis capabilities, with particular focus on developing forward-looking analysis and the ability to model potential future risks within RBC’s portfolios and within the boarder markets.
Demonstrate a deep, detailed understanding of trading market risks at RBC as well as the current market environment, to provide senior management with risk assessments such that action can be taken as deemed necessary.
Conduct regular reviews of the Risk Appetite and Risk Limits frameworks for Market Risk, ensuring that risks are appropriately controlled and tolerances are appropriately calibrated for the Enterprise and key business lines.
Produce and submit quarterly and monthly reporting, including reporting to senior committees, shareholders and regulators
Enhance processes to retrieve data and present results
What do you need to succeed?
Must-have
Minimum 2 years of experience in trading or trading risk management roles
Good understanding of financial markets and trading businesses, both exchange traded and over the counter markets
Thorough knowledge of traded products, particularly derivatives and their associated risks
Excellent knowledge of MS Excel
Strong technical and general problem solving skills
Excellent communication skills
Nice-to-have
MBA, MA or MS or equivalent with emphasis in finance, economics or a quantitative discipline
CFA, CA or other related professional qualifications
Familiarity with the Python programing language
Experience with developing Tableau data visualizations
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 and 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
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