Associate Director, Ccr Derivative and Sft Regulatory Capital, Market & Counterparty Credit Risk

As Associate Director, you report to a Director in the Market & Counterparty Credit Risk (MCCR) Capital group, and contribute to regulatory capital analysis and reporting processes for CCR and CVA capital for the derivatives and SFT portfolios.
The MCCR Regulatory Capital team plays a principal role in both the interpretation of continuously evolving regulatory requirements, and managing internal transitions of regulatory changes.
As Associate Director, you also prepare risk reports and perform detailed analysis to contribute to critical capital reporting which informs Front Office and functional stakeholders of key drivers and changes in their counterparty credit risk default and CVA capital. This role involves building out tools to further enhance our capital analytics capabilities and streamline various reporting processes, and acting as the key control owner on capital production results and usages.

What is the opportunity?

As Associate Director, you report to a Director in the Market & Counterparty Credit Risk (MCCR) Capital group, and contribute to regulatory capital analysis and reporting processes for CCR and CVA capital for the derivatives and SFT portfolios.

The MCCR Regulatory Capital team plays a principal role in both the interpretation of continuously evolving regulatory requirements, and managing internal transitions of regulatory changes.

As Associate Director, you also prepare risk reports and perform detailed analysis to contribute to critical capital reporting which informs Front Office and functional stakeholders of key drivers and changes in their counterparty credit risk default and CVA capital. This role involves building out tools to further enhance our capital analytics capabilities and streamline various reporting processes, and acting as the key control owner on capital production results and usages.

What will you do?

• Be closely involved in the execution of month-end regulatory capital processes
• Design and produce related reporting and analysis to inform key business stakeholders of risk drivers and changes, as well as the impact of regulatory transitions
• Build tools to enhance capital analytics and automate reporting processes
• Ensure new business initiatives are captured appropriately in SA-CCR and SFT Exposure at Default (EAD), and regulatory capital calculations
• Act as key stakeholder in the planning and prioritization of related regulatory updates to ensure the success of capital model enhancements
• Work with various RBC front office businesses, Global Risk Analytics, Market Risk, Risk IT, and Finance to ensure counterparty credit risk capital is complete and accurate

What do you need to succeed?

Must-Haves

• Graduate degree with emphasis in risk management, finance, or a quantitative discipline.
• Strong understanding of traded products, particularly OTC derivatives products and their associated risks.
• Strong verbal and written communication skills.
• Self-motivated individual with strong analytical capabilities and attention to detail.
• Ability to work evening and weekends on regulatory capital measurement and reporting, as required (10% of the time).
• Excellent command of Excel, Python, and SQL experience.

Nice-to-Haves

• Relevant experience in a risk management role
• FRM, PRMIA, or CFA certification

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
• Flexible work/life balance options
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work

Job Skills

Agile Product Ownership, OTC Derivatives, Regulatory Capital, Securities Finance, Senior Management Reporting, Stakeholder Management

Additional Job Details

ROYAL BANK PLAZA, 200 BAY ST:TORONTOTORONTOCanada37.5Full timeGROUP RISK MANAGEMENTRegularSalaried2025-02-142025-03-01

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above