Associate Director - Counterparty Credit Risk (Toronto)

Associate Director - Counterparty Credit Risk (Toronto)

04 Sep
|
Socket.dev
|
Toronto

04 Sep

Socket.dev

Toronto

As Associate Director (AD) in the Counterparty Credit Risk Analysis and Measurement team, you are responsible for a wide range of things from running derivative credit sizing to deep dives into the risk profile of specific counterparties of concern. You will support as required sizing and risk analysis for bespoke transactions, ad hoc requests, and non-standard trading.

As Associate

Director, you are responsible for streamlining and automating the team's oversight processes. You will lead development, coding efforts, and coordinate required work to properly measure exposures for new and existing product categories. Conduct credit sizings and ad-hoc credit event analysis Pro-actively investigate risks, perform derivative credit sizings and counterparty deep dives to provide clear and comprehensive analysis to senior management on risk trends and concerns Analyze key trading strategies and products to ensure they are in line with risk tolerance and objectives Review significant transactions to help facilitate businesses while ensuring proper risk controls Work with GRM Credit team to help review the credit risk appetite and help facilitate business activities while ensuring proper risk controls Investigate issues in the counterparty credit risk capturing and reporting processes and ensure the accuracy of results (check data quality, accuracy and completeness; identify errors in risk reporting and identify systemic issues to Risk IT for solution and prioritization; Develop and code tools to automate and standardize risk measures into official credit risk engines and credit risk monitoring systems Assess New Business Initiatives from Counterparty Risk Perspective and participate in the Specific and general wrong-way-risk analysis Liaise with GRM Enterprise Risk and Group Risk Analytics Teams to ensure risk models are calibrated are vetted appropriately 3+ years of experience at a financial institution in a quantitative Risk Control function such as market or credit risk,



with an understanding of capital markets trading products and related credit risk concepts. ~ Master's degree in a relevant subject such as Finance, Economics, or other quantitative discipline. ~ Solid verbal and written communication skills. ~ FRM, PRMIA, or CFA Good command and hands on experience with Excel, Python, VBA programming, SQL or equivalent programming languages Hands-on experience developing and implementing agentic AI solutions and evaluating agent performance to solve business-critical problems 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 Flexible work/life balance options Business Data Analysis, Credit Analysis, Critical Thinking, Database Queries, Data Visualization, Decision Making, Operational Delivery, Quantitative Methods, Risk Management ROYAL BANK PLAZA, 200 BAY ST:TORONTO Full time GROUP RISK MANAGEMENT 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 Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com. Applying to this posting allows you to express your interest in this current career chance at RBC.

📌 Associate Director - Counterparty Credit Risk (Toronto)
🏢 Socket.dev
📍 Toronto

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