Associate Director- Stress Testing Analytics

Job Summary

Job Description

Job Description

What is the opportunity?

The Associate Director will develop complex tools and run technically challenging processes to support execution of RBC’s provisioning and stress testing programs.

You will research and propose sound recommendations to the team Director and Senior Director, pertaining to the production processes and the operating model with internal and external stakeholders, assuming full ownership of assigned production, control, and UAT procedures.

Successful candidate will have a unique opportunity to work on major strategic initiatives that will revolutionize RBC’s risk management practices and enable the enterprise to remain agile in a world of constantly increasing regulatory standards.

You will work on design and development of responsive, performance-sensitive user interfaces to enable integration of stress testing into multiple risk management functions across the enterprise.

We are looking for a strong technical resource with a solid understanding of risk management, credit risk modeling, and robust programming background including SAS, Python, and JavaScript.

What will you do?

Develop, document, and implement complex analytics tools such as loss aggregation engines, PCL forecasting / decomposition methodologies, etc.

used to support RBC’s provisioning and stress testing programs.

Perform full-stack web application development with a variety of languages including but not limited to Python, Javascript, HTML, CSS, etc.

Help drive architectural discussions, enforce code structure, code quality, patterns and standards and oversee the execution / production of product development.

Conduct data analysis with a strong attention to detail and identify potential errors before they arise. Support Business Review, Model Validation, User- Acceptance Testing, Internal Audit and External Audit or Regulatory Review of Credit Risk Models.

What do you need to succeed?

Must Have

• 5+ years of Model Development experience within a financial industry
• Predictive Modelling, Statistical Programming; strong knowledge of SAS, SQL, and Python
• Familiarity with Retail and Wholesale banking products, with a focus on understanding their structure, risk drivers, and evolution within the banking book
• 4+ years of experience with front end technologies such as HTML5, CSS, and JavaScript along with frameworks like ReactJS, Angular, Vue - good understanding of responsive layouts;
• Good understanding of partial page updates, AJAX, JQuery, and asynchronous request handling;
• Solid knowledge of current web server frameworks and tools such as Django (ideally any Python framework), Ruby on Rails, SpringBoot, etc.
• used to build scalable server-side APIs and modern applications. Experience with code version control tools (Git, SVN, etc);
• Excellent analytical and problem-solving skills; familiar with user experience concepts and wire-framing and need to have Master's Degree in a quantitative discipline such as Statistics, Math, Computer Science, or Engineering

Nice to have :

• Working knowledge of no-SQL data stores / search technologies such as MongoDB, ElasticSearch and caching capabilities (e.g. Redis);
• Knowledge of interactive data visualization tools / packages. E.g. D3, Highchart, etc.;

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.

• A comprehensive Total Rewards Program
• 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
• Flexible work / life balance options
• Opportunities to do challenging work

LI-Post

LI-Hybrid

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Job Skills

Base SAS, Cascading Style Sheets (CSS), Credit Risk Modeling, Credit Risks, Financial Regulation, Git, JavaScript, Long Term Planning, Python (Programming Language), Quantitative Methods, React.

js, Redis, Risk Management, Risk Models, Stress Testing

Additional Job Details

Address :

RBC CENTRE, 155 WELLINGTON ST W : 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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