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RBCPosted 1 week ago

Associate Director, Enterprise Market Risk

On-siteToronto, Ontario, Canada

Full TimeSenior LevelMasters DegreeSmall

Job Summary

Provide timely, accurate market risk reporting and analysis by owning end-to-end processes for FVTPL and FVOCI portfolios. Analyze drivers of risk changes, compile daily/weekly reports, and perform backtests while enhancing senior management reporting infrastructure. Design new requirements for Operating Committee and FVOCI reports, and generate daily trends for stakeholders. Conduct testing and impact analysis for strategic initiatives, and deliver detailed risk analysis for quarterly reports and OSFI submissions. Maintain thorough knowledge of VaR, Stress VaR, and Stress Testing methodologies. Work within the Group Risk Management team to ensure complete reporting inputs are available for all periods.

Required Qualifications

  • 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
  • Advanced MS Excel skills
  • Proficiency in SQL for data querying and database management
  • Strong knowledge of programming languages and data visualization tools, preferably Python and Tableau/Power BI

Desired Qualifications

  • Master's degree in finance, economics, or a quantitative discipline (e.g., mathematics, physics, engineering, computer science) with strong quantitative coursework
  • FRM, CFA or other related professional qualifications

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