Director, Credit Risk Measurement

Job Summary

Job Description

What is the opportunity?

As part of the Credit Stress Testing & Analytics team, the Director, Credit Risk Measurement leads the implementation and execution of credit risk models used in the measurement of stress testing credit risk and loss projections, and is responsible for the development, enhancement and maintenance of tools that support a variety of internal and regulatory stress testing programs such as EWST, MST, and ICAAP.

What will you do?

• Support the execution of regulatory stress tests with a specific focus on process execution, controls and validation.
• Provide constructive challenge and quality assurance on the credit stress testing production process.
• Ensure alignment to regulatory stress testing guidelines.
• Support the execution of ad-hoc stress testing requests from senior management and external regulators.
• Play a leadership role in the partnership with the Business, Model Implementation and Production, Internal Audit, External Audit and Regulatory Review of Credit Risk Models.
• Act as a point of contact for downstream users to gather requirements and provide analysis.
• Communicate stress testing results and model projections to the Senior Director, Credit Stress Testing & Analytics, and other stakeholders
• Act as a key contact for various stakeholders to resolve identified issues and proactively address emerging issues.
• Support the enterprise stress testing process through analytics and documentation of key model performance metrics.
• Assist in the development of tools and capabilities to support qualitative overlays and benchmark analysis.

Must Have :

Nice-to-Have :

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.

Job Skills

Credit Analysis, Financial Regulation, Internal Auditing, Investment Risk Management, Market Risk, Operational Requirements, Operational Risks, Risk Management, Standard Operating Procedure (SOP)

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 :

GROUP RISK MANAGEMENT

Job Type : Regular

Pay Type : Salaried

Posted Date : 2024-12-19

Application Deadline :

2025-01-11

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

I nclusion 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 .