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Royal Bank of Canada4 days ago

Manager, Enterprise Model Risk Management

On-site · Toronto, Ontario, Canada

Type
Full Time
Level
Mid Level
Education
Masters Degree
Company size
Enterprise

Job Summary

Lead independent validation of models across Market Risk, Counterparty Credit Risk, and Wealth Management within RBC's Enterprise Model Risk Management. Engage with model developers and users to understand model usage, perform validation to identify sources of model uncertainty, and ensure adherence to RBC model risk policy. Deliver clear validation reports with sound conclusions, manage timelines, and drive process improvements. Collaborate with stakeholders to achieve unified results, mentor junior team members, and contribute to reporting and governance to support safe, timely model usage. Focus on delivering high-quality challenge and communication to strengthen model risk processes and fidelity.

Required Qualifications

  • 5+ years of model risk management or model developer experience with a focus on Market and Counterparty Credit Risk or Asset Management models
  • Strong analytical, communication, problem solving and stakeholder management skills
  • Undergraduate and postgraduate degrees in a quantitative subject (e.g. physics, mathematics, engineering, economics)
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Royal Bank of Canada

Manager, Enterprise Model Risk Management

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