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Counterparty Credit Risk Models DirectorRBC • Toronto, ON, Canada
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Counterparty Credit Risk Models Director

Counterparty Credit Risk Models Director

RBC • Toronto, ON, Canada
30+ days ago
Job type
  • Full-time
Job description

Shape the future of counterparty credit risk management at RBC as the Associate Director of Credit Risk Models. Leverage your expertise in mathematical modeling and programming to enhance the bank's derivative portfolio management. As part of the Group Risk Management team, the Associate Director will lead the design and maintenance of advanced models to measure and manage counterparty credit risk. Key responsibilities include collaborating with users, conducting research on regulations, and developing technical implementations. You will also validate models, document methodologies, and engage regularly with governance committees. Key Responsibilities: • Collaborate with model users to define business needs • Conduct research on regulatory requirements and best practices • Develop methodologies for model implementation and validation • Document methodologies and testing results for internal approval • Assess and recalibrate models regularly to improve performance Requirements: • Extensive knowledge of traded products and asset classes • Strong analytical and problem-solving skills • Proficiency in programming languages like Python • Experience with SQL and data management • Excellent English communication skills for complex concepts Join RBC’s Group Risk Management team and utilize your quantitative analysis skills to drive impactful changes. #J-18808-Ljbffr

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Counterparty Credit Risk Models Director • Toronto, ON, Canada

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