Associate Director, Enterprise Market Risk Reporting & Analysis

Job title: Associate Director, Enterprise Market Risk Reporting & Analysis

Job description: What is the opportunity?

As Associate Director, you ensure that market risk exposures are provided to stakeholders in a timely and accurate manner, with commensurate analytical insight on the risks. You assist the Director by analyzing and confirming drivers of changes for various trading and banking portfolios, compiling daily/weekly reports, performing daily OSFI backtests, improving the existing reporting infrastructure and providing enhancements to senior management reports. You ensure that the requisite inputs for complete and accurate reporting will be available for reporting periods by working closely with the Regulatory Capital & Analysis team, the Quantitative Risk Analytics team and the various Local Market Risk teams.

What will you do?

• Provide timely accurate and complete market risk reporting and analysis, owning the end-to-end processes that facilitate this reporting stream
• Design and develop new requirements for senior management reports, such as weekly Operating Committee report and FVOCI report
• Understand, analyze and communicate the drivers and trends of risks for RBC and key sub-portfolios, and provide context therein with respect to changes in the market risk profile of the portfolios
• Engage in replacement project for Eolus, and develop/modify template for reporting for ATOM
• Provide detail risk analysis to senior management (such as quarterly risk reports, monthly/quarterly OSFI submission)
• Maintain a thorough understanding of the methodologies used for Value at Risk (VaR), Stress VaR, Specific Risk (SR) and Stress Testing
• Generate trends and reports daily for senior management, and communicate key/material changes to all stakeholders
• Perform daily backtesting, generate weekly Operating Committee report, and quarterly trend analysis report

What do you need to succeed?

Must-have:

• Minimum 5 years of experience in trading or trading risk management roles
• Strong understanding of financial markets and trading businesses, both exchange traded and over the counter markets
• Thorough knowledge of traded instruments including derivatives and their associated risks
• Familiar with VaR and Stress Testing
• Excellent knowledge of MS Excel, Tableau and exposure to SQL
• Strong knowledge of programming languages, preferably Python

Nice-to-have:

• MBA, MA or MS or equivalent with emphasis in finance, economics or a quantitative discipline
• CFA, CA, FRM or other related professional qualifications

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
• Ability to make a difference and lasting impact
• Work in an agile, collaborative, progressive, and high-performing team
• The opportunity to interface with senior level executives from many different parts of the organization

About RBC
Royal Bank of Canada is Canada’s largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit rbc.com.

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Inclusion and Equal Opportunity Employment
RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.

JOB SUMMARY

City: Toronto
Address: 200 Bay Street
Work Hours/Week: 37.5
Work Environment: Office
Employment Type: Permanent
Career Level: Senior Manager/Director
Pay Type: Salary + Variable Bonus
Required Travel (%): 0
Exempt/Non-Exempt: N/A
People Manager: Yes
Application Deadline: 07/08/2021
Req ID: 380096

Posting Notes:

Click Here to Apply

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