Director, Group Risk Analytics (GRA) 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

Quantitative Analytics, Derivative Pricing, Market Risk Models, Team Management, Analytical Skills, Problem Solving, Programming Skills, Data Management, SQL, Excel, Communication Skills, Adaptability

Industry

Banking

Description

Job Description What is the opportunity? The Director will lead a team which is responsible for the conceptual design, development, and ongoing maintenance of the risk models used for the measurement and capitalization of the market risk of RBC's trading portfolio and selected investment portfolios. This includes leading the methodology specifications, prototype implementation, as well as performance monitoring and maintenance of these methodologies. What will you do? Develop, implement, document, maintain and monitor methodologies for market risk across various asset classes (includes fixed income, interest rate derivatives, equity, and foreign exchange). This includes, but not limited to VaR / SVaR / Stress P&L calculations. Work with Local and Enterprise Market Risk teams, Risk IT and Enterprise IT to implement end-to-end solution for projects. Present methodology proposal and analytical impacts to senior management committee member for approval or sharing information. Must-have 5+ years of working experience in quantitative analytics, such as derivative pricing, market risk models. Experience managing a team. Broad knowledge of traded products across various asset classes. Strong analytical and problem solving skills. Excellent programming skills (e.g., Python/C++/C#). Strong data management and analysis skills (e.g. SQL and Excel). Ability to work collaboratively to achieve team goals. Agility to adapt to changing circumstances in a dynamic environment. Strong English communication skills, both written and verbal, especially in the explanation of complex modeling concepts to senior management and regulators. Nice-to-have Experience in a similar role Masters in Financial Engineering, or a degree in another quantitative subject such as physics, statistics, mathematics or mathematical finance and/or a relevant professional qualification, with concentration in quantitative methods and/or finance. 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 and competitive compensation. Leaders who support your development through coaching and managing opportunities. Ability to make a difference and lasting impact. Flexible work/life balance options. Work in a dynamic, collaborative, progressive, and high-performing team. Opportunities to do challenging work. Job Skills Additional Job Details Address: ROYAL BANK PLAZA, 200 BAY ST: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: 2025-12-11 Application Deadline: 2026-01-10 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 Director will lead a team responsible for the design, development, and maintenance of risk models for measuring market risk. This includes developing methodologies for various asset classes and collaborating with different teams for project implementation.