Associate Director, CUSO Market Risk

4 weeks ago

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

Come Work with Us

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title

Associate Director, CUSO Market Risk

Job Description

Risk Oversight and Analytics

  • Run /oversee market risk reporting for the US Legal Entities and ensure the accuracy of key risk measurements and compliance to market risk limits.
  • Analyze key trading strategies and products to ensure they are in line with CUSO risk tolerance and objectives.
  • Investigate risks to provide value-added insight and analysis to senior management on risk trends and concerns.
  • Review risks so they are compliant with local regulators requirements and enterprise policies.

Market Risk Regulatory Capital

  • Ensure the completeness and accuracy of the scope for US Market Risk Regulatory calculation, implementing effective controls to capture covered positions across businesses / entities within the RIHC.
  • Lead the VaR Backtesting, VaR Risk Factors Monitoring and other processes which support the Value at Risk (VaR) models framework used for RIHC regulatory capital calculation
  • Key person for implementation of FRTB for the RIHC, leading the implementation of US specific requirements and enhancements to RBC FRTB framework.

Compliance

  • Establish and manage controls to satisfy regulatory requirements related to risk reporting for the CUSO legal entities.
  • Interact with US Holdco Finance to make sure market risk coverage is consistent with financial reporting.

Job Summary

The GRM Market Risk group provides independent and effective on-site monitoring, controlling and communicating on the nature and extent of all material market risk and to ensure the implementation of and compliance with risk management policies and procedures. The incumbent will help promote a "Best of Class" risk oversight environment for the Combined US Operations (CUSO) market risk management.

Address:

New York, New York, United States of America

City:

USA-NY-NEW YORK

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

Group Risk Management

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

:00

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.

Join our Talent Community

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at

  • CUSO Third Party Risk VP

    2 weeks ago

    New York, New York, United States Crédit Agricole CIB Limited Full time

    Vacancy detailsGeneral informationEntity About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB) Crédit Agricole CIB is the corporate and investment banking arm of Crédit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 8,600 employees in more than 30 countries across Europe, the...

  • CUSO Third Party Risk VP

    2 weeks ago

    New York, New York, United States Credit Agricole Full time

    SummaryPosition based in New York, within the Risk Division, to assist the CUSO (âCombined US Operationsâ) Operational Risk team with oversight of the Third Party Risk Programs within the CUSO perimeter, which currently primarily consists of activities conducted in the US by Credit Agricole Corporate and Investment Bank and Amundi US, along with other...

  • Market Risk Governance. Vice President

    1 month ago

    New York, New York, United States Michael Page Full time

    About Our Client Multinational banking and financial services institution offering a range of commercial and investment banking services. Job Description The role is expected to collaborate with various teams in the Front Office, Systems & Technology partners, Finance and Accounting partners, as well as leverage resources in the RMDAD to cover market risk...

  • Market Risk Governance. Vice President

    4 weeks ago

    New York, New York, United States Michael Page Full time

    About Our Client Multinational banking and financial services institution offering a range of commercial and investment banking services. Job Description The role is expected to collaborate with various teams in the Front Office, Systems & Technology partners, Finance and Accounting partners, as well as leverage resources in the RMDAD to cover market risk...

  • Director of Marketing

    4 weeks ago

    New York, New York, United States Insight Risk Technologies Full time

    Company Description:Insight Risk brings Builder's Risk Insurance into the digital age, providing world-class insurance programs combined with technology-enabled loss prevention and productivity tools that lower Total Cost of Risk for clients while enhancing underwriting profitability. A leader in both the fire-resistive and wood frame construction sectors,...

  • Executive Director, Balance Sheet and Capital

    2 weeks ago

    New York, New York, United States Sumitomo Mitsui Banking Corporation Full time

    SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group,...

  • 1st Line Market Risk

    4 days ago

    New York, New York, United States Selby Jennings Full time

    A major American investment bank is seeking a director for their front office market risk team. The 1st line team is responsible for market risk across all asset classes. Their business objectives span managing market risk for the global markets division with a focus on optimizing capital-based risk metrics to increase productivity.Responsibilities:Identify...

  • Associate Director, Capital Markets

    6 days ago

    New York, New York, United States Nuveen Full time

    Associate Dir, Capital MarketsThe Associate Director, Capital Markets will perform financial and risk modeling for the Capital Markets team, supporting syndications and debt capital markets transactions. The Associate Director will report to the [Director of Capital Markets] at Nuveen Green Capital and will be a crucial contributor to the company's capital...

  • Senior Market Risk Manager

    2 weeks ago

    New York, New York, United States Crédit Agricole CIB Limited Full time

    Vacancy detailsGeneral informationEntity About Crdit Agricole Corporate and Investment Bank (Crdit Agricole CIB) Crdit Agricole CIB is the corporate and investment banking arm of Crdit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 8,600 employees in more than 30 countries across Europe, the...

  • CRO, Growth Marketing Associate Director/Director

    4 weeks ago

    New York, New York, United States Bokksu Full time

    Bokksu is a trailblazing D2C brand delivering artisanal Japanese snacks to customers in over 90 countries around the world. Featured in Buzzfeed, WSJ, Eater, and Mashable, Bokksu partners directly with centuries-old family snackmakers in Japan to live out our mission of bridging people together and sustaining culture through authentic food and media....

  • Associate Director, Private Markets

    2 weeks ago

    New York, New York, United States SS&C Technologies Holdings, Inc. Full time

    Locations: New York, NY | Hybrid.Get To Know The Team:Associate Directors on the Private Markets Accounting team manage and lead teams in monitoring client deliverables while developing and executing strategic plans for continued business developmen Director, Associate, Private, Accounting, Project Management, Client Relations

  • Global Markets Risk Executive

    4 weeks ago

    New York, New York, United States Bank of America Full time

    Job Description:The Global Markets Risk Executive for the Bank of America National Association (BANA) legal entity will primarily interface with the Product Trading/Marketing Heads and the product heads of other risk and support groups (i.e. Compliance, Finance, Operations, etc), as well as local regulators (e.g. the FRB, OCC, FDIC).Key responsibility to...

  • Global Markets Risk Executive

    3 months ago

    New York, New York, United States Bank of America Full time

    Job Description:The Global Markets Risk Executive for the Bank of America National Association (BANA) legal entity will primarily interface with the Product Trading/Marketing Heads and the product heads of other risk and support groups (i.e. Compliance, Finance, Operations, etc), as well as local regulators (e.g. the FRB, OCC, FDIC).Key responsibility to...

  • Associate Director

    2 weeks ago

    New York, New York, United States Scotiabank Full time

    Title: Associate Director, Corporate Banking – REGAL (Real Estate, Gaming & Lodging) – New York, NYCompany: ScotiabankJoin a dynamic and successful team dedicated to delivering results in an inclusive and top-performing environment.About the Company: Scotiabank's Global Banking and Markets (GBM) is a prominent Canadian Capital Markets and Investment...

  • Director, Volatility Risk Manager

    2 weeks ago

    New York, New York, United States Selby Jennings Full time

    Director, Volatility Risk Manager Selby Jennings Manhattan, United States Posted 2 days ago Hybrid Job Permanent USD USD250000 per year + bonusA Multi Strategy Hedge Fund is hiring a Director-level Vol Risk Manager in their NYC office.A Multi Strategy Hedge Fund is hiring a Director-level Vol Risk Manager in their NYC office.This hire will focus on risk...

  • Director, Counterparty Credit Risk

    3 months ago

    New York, New York, United States Selby Jennings Full time

    I am currently working with a bank that is seeking a Director-level Senior Credit Officer. This individual will be responsible for evaluating the creditworthiness of counterparties and underlying assets, providing detailed analysis, and making recommendations for credit approval. In this role, you'll play a vital part in monitoring portfolio quality,...

  • Director, Counterparty Credit Risk

    4 weeks ago

    New York, New York, United States Selby Jennings Full time

    I am currently working with a bank that is seeking a Director-level Senior Credit Officer. This individual will be responsible for evaluating the creditworthiness of counterparties and underlying assets, providing detailed analysis, and making recommendations for credit approval. In this role, you'll play a vital part in monitoring portfolio quality,...

  • Marketing/Operations Associate

    2 weeks ago

    New York, New York, United States Kim'C Market Full time

    About CompanyLaunched in 2019, Kim'C Market is a Brooklyn-based e-commerce company specializing in premium and natural Korean food, lifestyle products, and content. Our mission is to help people enjoy healthier lifestyles by providing an elevated Asian experience.We import our products directly from farmers and artisans across the Pacific Ocean and also...

  • Risk Associate

    2 weeks ago

    New York, New York, United States USSA INTERNATIONAL LLC Full time

    Job Description: USSA International is actively seeking a skilled and dedicated individual to join the Risk function as an Associate. The successful candidate will play a crucial role in applying the risk framework across the organization, ensuring comprehensive risk oversight to identify, monitor, and manage risks encompassing all functions and activities....

  • Global Markets Risk Manager

    2 months ago

    New York, New York, United States Bank of America Full time

    Job Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our...