Global Risk Management

2 months ago


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

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?
  • 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.
  • 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.
  • 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.
  • 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?
  • Master in computer Science/Finance or engineering
  • 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 $80,000k - $135,000K (NY) 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


#LI - Hybrid

#LI - POST

Job Skills
Business Performance Management, Investment Banking Analysis, Investment Economics, Investment Management Systems, Investment Performance Measurement, Investment Risk, Investment Risk Management, Market Risk, Operational Risks, Performance Management (PM), Quality Management, Risk Management, Standard Operating Procedure (SOP)

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:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-07-16

Application Deadline:

2024-09-30

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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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 jobs.rbc.com.

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