Job Summary

Job Description

What is the opportunity?

RBC GAM is the asset management division of the Royal Bank of Canada.  The RBC GAM group of companies has more than CAD 650 billion in assets under management with investment teams located across Canada, the U.S., Europe, and Asia.  The RBC GAM Risk Management team provides independent oversight of RBC GAM’s investment activities across public and private markets.  The risk team is responsible for risk measurement and monitoring, risk policy and governance, providing effective challenge to investment teams, and helping to establish risk appetite.  Our stakeholders include RBC GAM clients, investment teams, regulators, and RBC GAM leaders.  The successful candidate will be a key contributor to the RBC GAM Risk Management team with responsibilities described in the following sections. For further information, please visit: https://www.rbcgam.com/en/ca/

What will you do?

Research, design, and develop quantitative risk models and analysis tools

Conduct quantitative risk analysis on diverse investment portfolios

Develop and support production risk systems, including data infrastructure, analytics, reporting applications

Design risk metrics and help set appropriate risk budgets and limits

Monitor and communicate risks to investment teams and executives

Perform root cause analysis and portfolio diagnostics

Conduct firm-level analysis including scenario analysis and stress testing

What do you need to succeed?

Must Have

Bachelor’s degree in engineering, physics, mathematics, computer science, or another quantitative field. Advanced degrees are preferred.

Demonstrated quantitative and technical skills, with a strong foundation in regression modeling and factor analysis.

Proficiency in programming and code-debugging using Python, MATLAB, or other relevant data analysis languages.

A strong interest in data analysis, reporting, and visualization, alongside with the ability to interpret complex datasets.

Working experience with relational databases such as SQL Server, Oracle, or similar platforms.

A keen interest in financial instruments and markets, including equities, fixed income, derivatives, and risk analysis.

Attention to detail with strong written and verbal communication skills, enabling articulation of complex quantitative concepts to diverse audiences.

Nice To Have

An advanced degree (Masters, PhD.) in a quantitative field.

Experience or knowledge in finance and risk management including quantitative analysis and risk analytics.

Programming experience in both Python and MATLAB for model development and data analysis.

Knowledge of the asset management industry.

Professional certifications such as CFA, FRM or similar.

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, competitive compensation

Leaders who support your development through coaching and managing opportunities

Ability to make a difference and lasting impact 

Work in a dynamic, collaborative, progressive, and high-performing team 

Job Skills

Business Process Design, Critical Thinking, Derivatives, Economic Analysis, Financial Instruments, Fraud Risk Management, Industry Knowledge, Investment Risk Management, Risk Control, Risk Management

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:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-02-13

Application Deadline:

2025-02-28

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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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.