Job Summary

The Rapid Application Development (RAD) team within GRM Market Risk and Counterparty Credit Risk (MCCR) is responsible for developing and maintaining business managed applications used to monitor financials risks to the Bank’s trading book. As Associate Director, you will work on developing a new market risk application, as well as serve as a resource and subject matter expert for the MCCR team, IT and other stakeholders.



As Associate Director, you will also query data and develop tools to enhance ad hoc reporting within MCCR, supporting portfolio monitoring and workflow activities.

Job Description

What is the opportunity?

The Rapid Application Development (RAD) team within GRM Market Risk and Counterparty Credit Risk (MCCR) is responsible for developing and maintaining business managed applications used to monitor financials risks to the Bank’s trading book. As Associate Director, you will work on developing a new market risk application, as well as serve as a resource and subject matter expert for the MCCR team, IT and other stakeholders.

As Associate Director, you will also query data and develop tools to enhance ad hoc reporting within MCCR, supporting portfolio monitoring and workflow activities.

What will you do?

Analyze existing market risk applications to identify opportunities for improvement and simplification, ensuring they are fit-for-purpose.Manage the development and documentation of market risk applications by liaising with industry teams and the GRM MCCR team.Collaborate with various teams to define business requirements for the implementation of market risk applications.Serve as a key point of contact for the MCCR team regarding issues related to market risk applications.Modernize the development and monitoring process of market risk applications to reflect best practices and meet industry standards.Drive innovation within GRM Market & Counterparty Credit Risk by participating in or leading projects that benefit from technical expertise and access to data.

What do you need to succeed?

Must-have

Minimum 5 years programming or related experienceBachelors degree in Engineering, Computer Science, Finance, or a quantitative disciplineAbility to think critically to understand industry drivers to develop sound recommendations for risk managersHigh degree of programming literacy (JavaScript (ReactJS), TailwindCSS, Python and SQL)Advanced organizational skills including the ability to simultaneously manage and prioritize multiple projectsStrong communication skills (written and verbal)

Nice-to-have   

Knowledge of market or counterparty credit riskUI/UX experienceStrong communication skills

What is in it for you?

We thrive on the challenge to be our best, progressive thinking, to keep growing, and working together to build and deliver trusted reporting to help our stakeholders succeed 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, competitive compensationAbility to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamOpportunities to take on progressively greater accountabilities

Job Skills

Decision Making, Financial Instruments, Group Problem Solving, Market Risk, Node.js, Performance Management (PM), Python (Programming Language), React.js, Resource Coordination, Risk Management, Structured Query Language (SQL), Waterfall Model

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:

2025-01-06

Application Deadline:

2025-01-21

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.
​​​​​​​
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.

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.