Risk Analyst, Market Risk
Top Benefits
About the role
What is the Opportunity?
The GRM Market Risk group provides independent and effective monitoring, control, and communications on the nature and extent of all material market risk and ensures the implementation and compliance with risk management policies and procedures. The new hire will join as a junior member of the GRM team that is responsible for the oversight fixed income market risk in New York with primary responsibilities and other key aspects of the job defined in the following sections.
What will you do?
-
Help provide risk oversight for the fixed income trading businesses.
-
Aid in the management of the market risk reporting process and ensure the accuracy of key risk measurements.
-
Development of the risk infrastructure.
-
Analyze key trading strategies and products to ensure they are in line with RBCCM risk tolerance and objectives.
-
Review significant transactions to help facilitating business and ensure proper risk controls.
-
Work with trading to ensure a close cohesion on key risk issues: systems, limits, risk
management. -
Play a lead role in enhancing the GRM risk systems, focused on derivatives business lines
-
Investigate risks to provide value-added insight and analysis to senior management on risk.
-
Resource for risk oversight of spread products and structured rates within the fixed income team in RBC market risk NY.
What do you need to succeed?
- MS/MA, MBA or BS/BA with emphasis in finance, economics or a quantitative discipline
- Knowledge of financial markets that demonstrates an interest in the subject matter
- Preferred to have strong technology experience ideally with Python and familiarity with SQL
- Preferred to have knowledge of Fixed Income products
- Ability to handle and prioritize a significant and diverse workload, with strong attention to detail
- Ability to communicate clearly to key relationship contacts
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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
- 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.
- Opportunities to build close relationships with clients.
The expected salary range for this particular position is $80,000-$135,000 (New York), depending on your experience, skills, and registration status, market conditions and business needs.
You have the potential to earn more through RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.
RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:
- Drives RBC’s high-performance culture
- Enables collective achievement of our strategic goals
- Generates sustainable shareholder returns and above market shareholder value
#LI – POST
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.
Risk Analyst, Market Risk
Top Benefits
About the role
What is the Opportunity?
The GRM Market Risk group provides independent and effective monitoring, control, and communications on the nature and extent of all material market risk and ensures the implementation and compliance with risk management policies and procedures. The new hire will join as a junior member of the GRM team that is responsible for the oversight fixed income market risk in New York with primary responsibilities and other key aspects of the job defined in the following sections.
What will you do?
-
Help provide risk oversight for the fixed income trading businesses.
-
Aid in the management of the market risk reporting process and ensure the accuracy of key risk measurements.
-
Development of the risk infrastructure.
-
Analyze key trading strategies and products to ensure they are in line with RBCCM risk tolerance and objectives.
-
Review significant transactions to help facilitating business and ensure proper risk controls.
-
Work with trading to ensure a close cohesion on key risk issues: systems, limits, risk
management. -
Play a lead role in enhancing the GRM risk systems, focused on derivatives business lines
-
Investigate risks to provide value-added insight and analysis to senior management on risk.
-
Resource for risk oversight of spread products and structured rates within the fixed income team in RBC market risk NY.
What do you need to succeed?
- MS/MA, MBA or BS/BA with emphasis in finance, economics or a quantitative discipline
- Knowledge of financial markets that demonstrates an interest in the subject matter
- Preferred to have strong technology experience ideally with Python and familiarity with SQL
- Preferred to have knowledge of Fixed Income products
- Ability to handle and prioritize a significant and diverse workload, with strong attention to detail
- Ability to communicate clearly to key relationship contacts
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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
- 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.
- Opportunities to build close relationships with clients.
The expected salary range for this particular position is $80,000-$135,000 (New York), depending on your experience, skills, and registration status, market conditions and business needs.
You have the potential to earn more through RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.
RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:
- Drives RBC’s high-performance culture
- Enables collective achievement of our strategic goals
- Generates sustainable shareholder returns and above market shareholder value
#LI – POST
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.