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Associate, Resource Management Group

Associate, Resource Management Group

Royal Bank of Canada>TORONTO, Canada
11 days ago
Job type
  • Full-time
Job description

Job Summary

Primary key areas of focus for the Resource Management Group Associate will be derivative compression activity and regulatory capital optimization but will include other considerations such as the monitoring / management of second order risks and provide assistance to the Global Markets businesses on the overall pricing of derivatives and resource consumption.

Job Description

Assist with the development, analysis and decomposition of RMG metrics for the Global Markets businesses.

Pursue strategies to reduce RWA, Leverage, Margin and second order resource consumption within Global Markets.

Assist with derivative compression activity within Global Markets.

Assist sales and trading with derivative pricing as it relates to the cost of resource consumption and inherent secondary risks.

Participate actively in strategic RMG project work and help develop processes and methodologies to improve efficiency.

Proactively identify operational risks / control deficiencies in the business.

Review and comply with Firm Policies applicable to business activities.

Must have skills :

Python, VBA, Excel, Derivative product knowledge

Nice to have skills :

XVA, Regulatory Capital

KEY RELATIONSHIPS

Interaction with other RMG London / Toronto based members of the team.

Works collaboratively at various levels of the organization; across Finance, GRM, Enterprise Risk, Quant team, Legal, Compliance, IT and Trading & Sales Front office employees

AUTHORITIES, IMPACT, RISK

Monitoring and communication of metrics and trends (internal and external) related to portfolio.

Develop and maintain current processes whilst recommending improvements and new controls mitigating operational risk.

Work closely with those across the business and functional groups  - Finance, Risk, Legal, Compliance, IT, etc.

Business prioritization – projects & enhancements

Job Skills

Adaptability, Critical Thinking, Derivatives, Derivatives Pricing, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, Programming Languages, Regulatory Capital, Teamwork, Working Capital Optimization

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 : CAPITAL MARKETS

Job Type : Regular

Pay Type : Salaried

Posted Date : 2024-12-19

Application Deadline :

2025-01-02

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

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