Safeguard Financial Stability: Become a Model Risk Management Manager at Royal Bank of Canada (RBC)
Do you have a passion for numbers and a keen eye for risk? Are you looking for a challenging and rewarding career opportunity where you can make a real impact on a global financial institution? Then look no further than the Manager, Enterprise Model Risk Management (EMRM) position at Royal Bank of Canada (RBC)!
Why This Role Matters
The financial world relies heavily on complex quantitative models to make informed decisions. But with great power comes great responsibility! As an EMRM Manager at RBC, you’ll play a vital role in ensuring the integrity and effectiveness of these models. You’ll be the guardian against potential losses and a key player in safeguarding the bank from regulatory, financial, and reputational risks associated with model inaccuracies.
What You’ll Do
- Become the Model Master: You’ll validate various models, including regression analyses, pricing tools, and credit risk assessments, ensuring they meet rigorous standards.
- Collaboration is Key: Working closely with risk assessment, finance, and other teams, you’ll identify, assess, and proactively manage model risks throughout their lifecycle.
- Ensuring Model Compliance: You’ll oversee model registration, validation, and change management processes, adhering to RBC’s stringent risk management policies.
What You Bring to the Table
- A Master’s degree in a quantitative field like math, physics, econometrics, statistics, or financial engineering is a must.
- You possess a deep understanding of financial products, industry best practices, and model risk management regulations.
- At least a year of experience as a quantitative analyst or in mathematical/statistical modeling is key.
- Proficiency in programming languages (Python, C++, C#, VBA) and statistical tools (SAS, MATLAB, R) is essential.
- Strong communication and interpersonal skills will help you collaborate effectively within the team.
Why RBC?
- Competitive Compensation & Benefits: Enjoy a comprehensive total rewards program with competitive salary, bonuses, and flexible benefits.
- Growth & Development: RBC prioritizes your development by providing coaching, management opportunities, and world-class training programs.
- Make a Difference: Be part of a dynamic, collaborative team where your work has a real impact on financial stability.
- Work-Life Balance: Maintain a healthy balance with flexible work arrangements.
Ready to Join the Team?
If you’re a numbers whiz with a risk-averse mindset and a collaborative spirit, this role is tailor-made for you! Apply today and embark on a rewarding career safeguarding the financial future at RBC.
To view more open positions kindly visit: https://jobs.rbc.com/ca/en/search-results
