Job Summary

Develops and implements global risk management reports, systems, and processes to minimize investments risks. Applies extensive, in-depth knowledge, skills, and practices to perform complex assignments.

Job Description

What is the opportunity?

The Associate Director will support the ongoing design, implementation, monitoring, reporting and oversight of all processes and control points governing the handoff of models from the development team (MDO) in Credit Modeling & Methodology (CMM) to the model users (MBO) for integration into the model production environments.

The individual will leverage their knowledge of credit models and model development to collaborate with the MDO and MBO in terms of deployment package development including code reviews, model data assessments, and defining and ensuring compliance with the model QA standards. They will leverage technical experience to guide model implementations that are suitable for automation and reporting, meet consistent coding and software development standards, and satisfy stakeholder requirements.

The Associate Director will drive the Implementation Readiness’s communication across model stakeholders to ensure visibility of models in development and enable seamless hand-off to production teams.

What will you do?

Manage the end-to-end Implementation Readiness process within the Tollgate Delivery Framework in CMM.Provide insights and best practices of model implementation, data usage, and controls for model development in CMM.Own and manage the communication with model development teams and model users’ teams, escalating and keeping abreast of handoff delivery dates. This includes regular status reporting to all involved stakeholders (MBO, MBO, EMRM) and Senior Management and timely issue escalation.Provide guidance to MDO for model development projects regarding Production data usage and sourcing of new data to facilitate implementation readiness and leverage existing controls of CDEs in Production.Conduct code reviews for credit models in development to provide guidance on developing for implementation readiness, namely the integration into automation framework, efficient execution of computing-intensive calculations, compliance with our model QA standards as well as feasibility of feature transformations.Maintain the model QA standards and continuously obtain feedback from MDO and MBO to enhance the process within the delivery Tollgates.Collaborate with IFRS9, CECL, EWST and CCAR programs to ensure consistency across measures, controls, reporting, and insights.Manage onboarding of new team members into MDO space with respect to computing and storage resources, model code, and appropriate access to key data sources.Ensure all documentation, procedures and processes are kept current to reflect best practices and controls required.Build strong relationships with MDO, MBO Production and IAT teams to ensure handoffs of credit models from model development is smooth and meets all QA standards.Development of deployment package using CI/CD principals

What do you need to succeed?

5+ years of experience in developing and deploying models and/or reports.Experience in data manipulation on large datasets (ingestion, processing, merging and aggregate of data)Experience in code management solutions (GIT) is required.Experience in prior model development is required.Proficiency in SAS, Python and SQL is required.Conceptual thinker with a curious mind to build up solutions from ground up through ambiguity.Strong interpersonal, communication skills, and presentation skills with the ability to articulate and document complex technical problems and control process for non-technical audience.Strong conceptual, analytical, and problem-solving skills.Excellent process management, communication, and coordination skills.Ability to work with cross-functional teams to help influence without direct authority.A degree in an analytical discipline such as engineering, statistics, mathematics, computer science, and relevant professional experience in quantitative methods, finance, or risk management.Ability to structure workload and manage multiple competing priorities.

Nice-to-have

Familiarity with RBC’s existing data and infrastructure is preferred

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.Leaders who support your development through training and coaching.Work with a dynamic, collaborative team with ability to make a difference.

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:

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:

2025-03-06

Application Deadline:

2025-03-22

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 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.
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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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