Job Description What is your chance? As Associate Director, Model Risk Management, you will act as an effective challenger to model users/ modelers on all matters pertaining to model risk. You will facilitate compliance with RBC model risk policies and procedures, with an emphasis on model risk controls pertaining to model usage. What will you do? Validate US Credit models (C&I, CRE, mortgage and credit card portfolios), PPNR models, and/or Securitized Product models. Oversee the Compliance Risk Assessment (CRA) program, ensuring that compliance risks are effectively identified, assessed, and mitigated across business lines and regions Conduct local model risk management in mortgage loan models and Securitized Product models Engage the risk, finance, front office, and other related function group personnel, as necessary to pro-actively identify, assess, monitor, and manage model risk What do you need to succeed? Graduate university degree in a quantitative discipline such as math, physics, econometrics, statistics,



or financial engineering 3+ years of working experience in quantitative analysis Possess a strong quantitatively-oriented knowledge of financial products and industry best practices and regulatory requirements for model risk management. What's in it for you? We thrive on the challenge to be our best, thinking progressively 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 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 executives from many different parts of the organization Additional Job Details Address: ROYAL

📌 Associate Director, Model Risk Management (Toronto)
🏢 RBC
📍 Toronto