Associate Director, Risk Modeling Specialist (Python)

Job Summary

Job Description

What is the opportunity?

Global Risk Analytics (GRA) is the center of expertise for models used in risk management, covering market risk, counterparty credit risk, and emerging risk.

GRA's data analytics and machine learning (DAML) team focuses on emerging risks, including climate analytics and machine learning.

To support RBC's various climate risk stress testing and scenario analysis mandates, GRA is building expertise in climate risk analytics.

Due to increasing importance of assessing the impacts of climate change on financial institutions, GRA is developing RBC enterprise and several regional climate risk scenario analysis models, covering both transition risk and physical risk to comply with various regulatory guidelines, including OSFI's B-15, PRA's SS3 / 19, and other relevant regional regulations.

GRA is seeking an individual who is interested in applying data analytics (including machine learning) and programming skills to empower our climate risk analytics capability. The position will involve :

• Developing analytics for physical risks, such as riverine flooding and wildfires
• Enhancing transition risk modeling analytics
• Designing and implementing Python-based tools for climate risk analytics.

What will you do?

• Develop analytics for physical risks including but not limited to riverine flooding, wildfire and etc.
• Enhance analytics for transition risk modeling
• Design and implement Python-based tools for climate risk related applications.

What do you need to succeed?

Must-have

• Strong programming experience in Python and SQL.
• Knowledge about machine learning, data analytics, and data visualization
• Ability to communicate technical matters in written and oral forms
• Team players to collaborate and innovate

Nice-to-have

• Interest in learning about emerging data and techniques to assess climate risk impact
• Experience on handling geographical data, and GIS applications
• Understand of the big picture regarding how risk function works in banks
• Knowledge of financial products in banking book and trading book

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.

• 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
• Opportunities to do challenging work and make a difference
• Opportunities to building close relationships

LI-Post

LI-Hybrid

LI-PK

Job Skills

Critical Thinking, Data Analytics, Machine Learning, Python (Programming Language), Quantitative Methods, Risk Analytics, Risk Management, Teamwork

Additional Job Details

Address :

ROYAL BANK PLAZA, 200 BAY ST : TORONTO

City : TORONTO

TORONTO

Country : Canada

Canada

Work hours / week : 37.5

37.5

Employment Type : Full time

Full time

Platform :

GROUP RISK MANAGEMENT

Job Type : Regular

Regular

Pay Type : Salaried

Salaried

Posted Date : 2024-06-27

2024-06-27

Application Deadline :

2024-07-05

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.

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