We are seeking a skilled Market Risk Model Developer to support the RBC Insurance CIO Function to measure, analyze and report market risk. This role will develop and maintain a robust risk framework through model design to provide actionable insights into investment portfolios, risk exposures, regulatory metrics and performance reporting. Responsibilities Lead the creation and implementation of key risk metrics (PV01, CS01, Inflation01, XCCY01) across all asset classes. Integrate market risk measures and reporting into the Enterprise Risk Management framework, including stress scenarios. Validate daily PnL reporting by linking it to risk metrics and cash flows, demonstrating the impact of market risk positions on financial results. Decompose total asset PnL by market‑risk driver to support performance attribution and inform business decisions. Manage market risk reporting processes and collaborate with the 2LOD to ensure robust model governance and control. Partner with CIO leadership on 1LOD risk governance, controls and reporting within the Investments platform. Qualifications Minimum bachelor’s degree in computer science, quantitative mathematics or related field with working knowledge of insurance asset‑and‑liability management.



6+ years of experience in Python‑based full‑cycle model design, development, validation and testing. Solid understanding of various asset classes (bonds, equities, linear and nonlinear derivatives, structured products), capital requirements and portfolio‑level analytics. Passionate problem solver, flexible to adapt to a dynamic environment. Excellent communication skills and ability to collaborate across investment, risk and other functional partners. Experience leading a high‑performing team to deliver robust risk measurement and reporting. Nice‑to‑have: experience with insurance company data and reporting processes; knowledge of ETL,data management, Snowflake, Power BI, Bloomberg. Benefits & Development Competitive salary with discretionary variable compensation program. Modern, versatile benefits package including flexible work arrangements and stock options. Inclusive, supportive team that values diverse perspectives. Career development opportunities with learning programs and tools. Location: RBC CENTRE, 155 Wellington St W, Toronto, Canada. Employment type: Full time, Senior Level. Pay range: CAD $110,000 – $160,000 per year. #J-18808-Ljbffr

📌 Director, Market Risk Model Developer (Toronto) - C$110,000 - C$160,000 A Year
🏢 RBC
📍 Toronto