Associate Director, Local Market Risk Toronto (CFG & GE)

Job Description

What is the opportunity?

As part of the Group Risk Management team, Associate Director at Local Market Risk is responsible for providing independent and effective monitoring, control, and communications on the nature and extent of all material market risk and ensures the implementation and compliance with risk management policies and procedures. The business focus is Central Funding and Global Equities under Capital Markets.

You will partner with stakeholders across trading business, risk management and technology to ensure the implementation of and compliance with market risk policies and procedures.

What will you do?

• Provide market risk oversight for Central Funding and Global Equities. Become a subject matter expert in designated desks.

• Support the management of market risk reporting process and ensure accuracy of key risk metrics.

• Analyze key trading strategies and products to ensure they are in line with RBC’s risk tolerance and objectives.

• Be the go to person on select designated desks including but not limited to: understanding key risks and P&L changes, soundness and completeness of all the Risk processes, be proactive in the risk control framework development

• Monitor changes in portfolio and market to extract value-added insight for senior management. Highlight key market themes and events that form risk thematic relevancy to your coverage.

• Review significant transactions to help facilitate businesses while ensuring proper risk controls.

• Provide effective challenge and analysis to new transactions and emerging risks.

• Collaborate with trading teams to ensure cohesion on key risk issues: systems, limits, risk management.

• Collaborate and coordinate among different stakeholders to meet enterprise/business line project deliverables. This will include projects related to capital requirements, risk modernization, as well as on-demand ad-hoc requests from internal partners.

• Proactively leverage emerging AI tools and technologies to enhance workflows, drive process improvements, and deliver innovative solutions that create measurable value for risk teams and the business partners.

What do you need to succeed?

Must Have

• Master’s degree with an emphasize in finance, risk management, economics or a quantitative discipline.

• 3+ years in Financial Corporation preferably with Equity and/or Derivatives experience.

• Strong analytical skills and problem-solving capabilities; attention to details and sensitive to numbers

• Experience with Python, SQL, Tableau, Bloomberg

• Independent and Curious: Demonstrates the ability to work autonomously with minimal supervision, coupled with a natural curiosity and eagerness to explore and solve complex problems.

Nice to Have

• Practical experience with AI tools

• Strong written and verbal communication skills

• Ability to prioritize in a fast moving environment

What’s in it for you?

We thrive on the challenge to be our best, thinking progressively 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

• Ability to make a difference and lasting impact

• Flexible work/life balance options

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

• Opportunities to do challenging work

Job Skills

Business, Capital Markets, Financial Derivatives, Market Risk Analysis, Python (Programming Language), RiskMetrics

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:

2026-07-08

Application Deadline:

2026-07-29

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

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.