Counterparty and Credit Risk Analyst

3 weeks ago

New York, New York, United States Royal Bank of Canada Full time

Job Summary

Implements market risk analysis and participates in implementing risk management systems and processes to minimize market risk. Applies experience and seasoned knowledge, skills, and practices to perform a variety of assignments.

Job Description

What is the Opportunity?


• The GRM counterparty and credit risk group provides independent and effective monitoring, control, and communications on the nature and extent of all material credit risk and ensures the implementation and compliance with risk management policies and procedures.


• The new hire will join as a junior member of the GRM team that is responsible for the oversight of the Structured Finance Transaction and the Structured Asset Collateral (SAC) portfolio in New York with primary responsibilities and other key aspects of the job defined in the following sections.

What will you do?

Risk Oversight and Analytics


• Help provide risk oversight for the Counterparty Credit Risk for SFT and the Structured Asset Collateral (SAC) portfolio.


• Aid in the management of the CCR reporting process and ensure the accuracy of key risk measurements.


• Development the risk infrastructure.


• Analyze key collateral and products to ensure they are in line with RBCCM risk tolerance.


• Review significant transactions to help facilitating business and ensure proper risk controls.


• Work with trading to ensure a close cohesion on key risk issues: systems, limits, risk management.

Risk Measurement


• Play a lead role in enhancing risk systems : CREX and other tools


• Investigate risks to provide value-added insight and analysis to senior management on risk trends and concerns.

Analytics


• Examine trends in large sets of data using advanced statistical and econometric techniques to draw conclusions related to collateral and limits.

What do you need to succeed?

  • Requirements: Master in computer Science/Finance or engineering
  • Must have: Strong coding skills, interest in securitized products and fixed income products, quantitative skill set, curious mindset, self-motivated, and communication skills.

What's in it for you?

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, commissions, and stock where applicable
  • Leaders who support your development through coaching and managing opportunities
  • Ability to make a difference and lasting impact
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Opportunities to do challenging work
  • Opportunities to building close relationships with clients

The good-faith expected salary range for the above position is $80k - $135k depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

· Drives RBC's high performance culture

· Enables collective achievement of our strategic goals

· Generates sustainable shareholder returns and above market shareholder value

Job Skills

Business Process Design, Critical Thinking, Derivatives, Economic Analysis, Financial Instruments, Fraud Risk Management, Industry Knowledge, Investment Risk Management, Risk Control, Risk Management

Additional Job Details

Address:

BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK

City:

New York

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Application Deadline:

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
​​​​​​​
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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