What is the opportunity?

As Risk Manager in the Counterparty Credit Risk Exposure Monitoring team, you are responsible for daily management of the credit risk framework and will help to facilitate implementation of the stress risk framework as they pertain to derivative exposures. You will support daily monitoring of counterparty exposures against approved risk limits, provide oversight on the completeness and appropriateness of risk measurements, help streamline and automate improved risk monitoring practices and enhance the team’s analytic capabilities to deep dive certain portfolios of interest. You will support development, coding efforts, and coordination of required work to properly implement appropriate exposure metrics.

What will you do?

• Daily reporting of counterparty exposures and limit availability
• Investigate, document and appropriately report and escalate credit limit excesses as per internal policies inclusive of Conduct Risk
• Develop tools to pro-actively investigate and appropriately report and escalate material risk trends and concerns
• Perform deep dive analysis into the risk profile of specific portfolios and counterparties of concern
• Identify gaps in the risk capturing and reporting processes and ensure the accuracy of results
• Develop/code tools to automate processes and introduce new analytic capabilities into the reporting/analytic framework
• Assist in the implementation of a Stress Risk framework, including stress exposure reporting, stress sizing capabilities, analytic and reporting capabilities for stress risk, help to introduce exposure adjustment capabilities, onboard certain product types into the framework, and introduce trade coverage oversight

What do you need to succeed?

Must-have

• 2+ years of experience at a financial institution in a quantitative Risk Control function such as market or credit risk, with an understanding of capital markets trading products and related credit risk concepts
• Good command and hands on experience with Excel, Python, VBA programming, SQL or equivalent programming languages
• Strong analytical and problem-solving skills
• Solid verbal and written communication skills with proven ability to present complex concepts.
• Proven organizational skills, with the ability to meet strict deadlines

Nice-to-have

• FRM, PRMIA, CFA
• Master’s degree in a relevant subject such as Finance, Economics, or other quantitative discipline
• Background knowledge of Derivative and Securities Finance products and markets including: Pricing and risk measurement methodologies, Market structure/dynamics, types of participants, drivers of activity

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
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in an agile, collaborative, progressive, and high-performing team

Job Skills

Business Data Analysis, Credit Analysis, Critical Thinking, Database Queries, Data Visualization, Decision Making, Quantitative Methods, Risk Management

Additional Job Details

ROYAL BANK PLAZA, 200 BAY ST:TORONTOTORONTOCanada37.5Full timeGROUP RISK MANAGEMENTRegularSalaried2025-06-232025-07-11

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.