Associate Director - Credit & Stress Testing Implementation Assurance at Dr Bill RBC Ventures

Toronto, Ontario, Canada -

Full Time

Start Date

Immediate

Expiry Date

03 Apr, 26

Salary

0.0

Posted On

03 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Application Testing, Change Controls, Communication, Credit Risks, Critical Thinking, Financial Instruments, Financial Regulation, Long Term Planning, Model Development, Model Implementation, Model Validation, Process Management, Programming Languages, Quantitative Methods, Risk Management, Python

Industry

Banking

Description

Job Description What is the opportunity? Reporting to the Director, Credit & Stress Testing Implementation Assurance, the Associate Director Credit & Stress Testing Implementation Assurance will apply business and technical knowledge to support and provide constructive challenges across the Credit Modeling & Methodology team (CMM). You will be responsible for ensuring the accuracy and scalability of ECL production process through providing review and advisory of production source code, execution of post-implementation testing, implementation documentation, and development of continuous assurance solutions. This role gives the incumbent the opportunity to work across all banking book exposures in full development/deployment cycles of critical provisioning and stress testing programs. What will you do? Enablement of scalable solutions Development of scalable testing solutions to increase coverage. Use of quantitative methods to diagnose model implementation and impacts. Advisory of coding practices to enhance efficiency of production systems. Source code review Review of production models and reporting code for provisioning (IFRS9/CECL) and stress testing programs (EWST/MST/CCAR). Communication of testing results to development and business stakeholders. Publication of release reports Quarterly and annual review and generation of report that highlights all production changes and testing performed. What do you need to succeed? Must Have 5+ years related work experience in developing and deploying models and/or reports. Experience in data manipulation on large datasets (ingestion, processing, merging and aggregation of data). Experience with Python, R, SAS, or MATLAB, and SQL. Experience in code management solutions (git/GitHub). Strong interpersonal, communication and presentation skills, with the ability to articulate and document complex technical problems and control process for non-technical audience. Ability to structure workload and manage multiple competing priorities. Conceptual thinker with a curious mind to challenge and question the status quo and the ability to make quantitative decisions on ambiguous and complex techniques which will have an impact directly on RBCs financial statements. Nice to Have Knowledge of credit risk methodology, including capital estimation, credit risk/stress testing models will be considered an asset. Masters or PhD in Finance or technical field (Physics, Math, Engineering, etc.) will be considered an asset. Prior experience in model development or model validation will be considered an asset. Knowledge or prior experience with TTD practice or CICD pipeline would be considered an asset. What’s in it for you? We thrive on the challenge to be our best, have progressive thinking to keep growing, and work 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 and competitive compensation Leaders who support your development through coaching and managing opportunities Ability to make a difference and have lasting impact Flexible work/life balance options Work in a dynamic, collaborative, progressive, and high-performing team Opportunities to do challenging work Job Skills Application Testing, Change Controls, Communication, Credit Risks, Critical Thinking, Financial Instruments, Financial Regulation, Long Term Planning, Model Development, Model Implementation, Model Validation, Process Management, Programming Languages, Python (Programming Language), Quantitative Methods, Risk Management, SAS Additional Job Details Address: RBC CENTRE, 155 WELLINGTON ST W:TORONTO City: Toronto Country: Canada Work hours/week: 37.5 Employment Type: Full time Platform: GROUP RISK MANAGEMENT Job Type: Regular Pay Type: Salaried Posted Date: 2025-12-12 Application Deadline: 2026-01-17 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Inclusion and Equal Opportunity Employment At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all. 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 jobs.rbc.com. RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail. Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com.‎ We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.

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Responsibilities

The Associate Director will support and provide challenges across the Credit Modeling & Methodology team, ensuring the accuracy and scalability of the ECL production process. Responsibilities include reviewing production source code, executing post-implementation testing, and developing continuous assurance solutions.