Associate Director, Algorithmic & Electronic Trading Risk
Top Benefits
About the role
Job Description
What is the opportunity?
The purpose of this position is to provide global governance, oversight and challenge over the bank's electronic and algorithmic trading activities across all asset classes, with a primary focus on North America electronic and algo trading businesses. The incumbent will analyze and oversee risk management issues by identifying, measuring, and assessing operational risks associated with electronic and algorithmic trading across multiple asset classes, throughout all regulatory jurisdictions in which RBC operates such systems. The role will assist in the development and maintenance of algorithmic and electronic trading policies in the firm to ensure that governance is aligned with global regulatory requirements and established best practices, while performing effective challenge and oversight across the relevant businesses.
What will you do?
- Engage and advise staff from technology control functions and the business to establish a robust control framework around the lifecycle of the electronic trading process; Development, UAT, and Production.
- Keep abreast of regulatory changes and guidance in relation to Algorithmic Trading.
- Assist in the development, and ongoing measurement of, Key Risk Indicators across all asset classes and regions.
- Participate in any regulatory examinations directly or indirectly involving RBC's electronic and algorithmic trading, including the annual MiFID II self-assessment.
- Support the development and communication of risk reports.
- Perform critical assessment and challenge during development, implementation, and material changes to algorithms and trading systems.
- Work closely with the 1st Line of Defence teams to ensure global control frameworks are operating effectively.
- Support the wider A&O team with operational risk programmes involving electronic trading risk.
- Offer oversight to other resources, with a focus on regional electronic trading risk oversight.
- Build relationships with business and functional partners to provide accurate and insightful oversight as the bank continuously expands its Global Execution platforms.
What do you need to succeed?
Must-have
- University degree, or equivalent
- Excellent understanding of financial markets, preferably across multiple asset classes, and electronic trading systems and techniques.
- Familiarity with electronic trading regulations in one or more major jurisdiction
- 5 years in the financial services or other regulated industries
- Experience of delivering presentations to executive audiences.
- Highly engaging and collaborative; flexible, adaptable, a great communicator who can quickly form and establish meaningful partnerships and coalitions
- Good communication skills with the ability to interact with technology, business, and risk management staff across levels of seniority.
Nice to have
- Familiarity with programming languages such as Java, Python, etc.
- Familiarity with IT development lifecycle and methodologies
- Familiarity with IT Risk Frameworks (NIST, CoBIT, etc.)
- Experience working with large Financial Institutions
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 including bonuses and flexible benefits and competitive compensation
- Leaders who support your development through coaching and managing opportunities
- Ability to make a difference and lasting impact
- Flexible work/life balance options
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work
Job Skills
Communication, Financial Instruments, Operational Risks, Risk Control, Risk Management
Additional Job Details
Address:
20 KING 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:
2026-03-23
Application Deadline:
2026-04-07
Note**:**Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Our Employment Opportunities
At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
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.
RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.
Not the right fit? Search for Associate Director, Algorithmic & Electronic Trading Risk jobs in Toronto, ON
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.
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Associate Director, Algorithmic & Electronic Trading Risk
Top Benefits
About the role
Job Description
What is the opportunity?
The purpose of this position is to provide global governance, oversight and challenge over the bank's electronic and algorithmic trading activities across all asset classes, with a primary focus on North America electronic and algo trading businesses. The incumbent will analyze and oversee risk management issues by identifying, measuring, and assessing operational risks associated with electronic and algorithmic trading across multiple asset classes, throughout all regulatory jurisdictions in which RBC operates such systems. The role will assist in the development and maintenance of algorithmic and electronic trading policies in the firm to ensure that governance is aligned with global regulatory requirements and established best practices, while performing effective challenge and oversight across the relevant businesses.
What will you do?
- Engage and advise staff from technology control functions and the business to establish a robust control framework around the lifecycle of the electronic trading process; Development, UAT, and Production.
- Keep abreast of regulatory changes and guidance in relation to Algorithmic Trading.
- Assist in the development, and ongoing measurement of, Key Risk Indicators across all asset classes and regions.
- Participate in any regulatory examinations directly or indirectly involving RBC's electronic and algorithmic trading, including the annual MiFID II self-assessment.
- Support the development and communication of risk reports.
- Perform critical assessment and challenge during development, implementation, and material changes to algorithms and trading systems.
- Work closely with the 1st Line of Defence teams to ensure global control frameworks are operating effectively.
- Support the wider A&O team with operational risk programmes involving electronic trading risk.
- Offer oversight to other resources, with a focus on regional electronic trading risk oversight.
- Build relationships with business and functional partners to provide accurate and insightful oversight as the bank continuously expands its Global Execution platforms.
What do you need to succeed?
Must-have
- University degree, or equivalent
- Excellent understanding of financial markets, preferably across multiple asset classes, and electronic trading systems and techniques.
- Familiarity with electronic trading regulations in one or more major jurisdiction
- 5 years in the financial services or other regulated industries
- Experience of delivering presentations to executive audiences.
- Highly engaging and collaborative; flexible, adaptable, a great communicator who can quickly form and establish meaningful partnerships and coalitions
- Good communication skills with the ability to interact with technology, business, and risk management staff across levels of seniority.
Nice to have
- Familiarity with programming languages such as Java, Python, etc.
- Familiarity with IT development lifecycle and methodologies
- Familiarity with IT Risk Frameworks (NIST, CoBIT, etc.)
- Experience working with large Financial Institutions
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 including bonuses and flexible benefits and competitive compensation
- Leaders who support your development through coaching and managing opportunities
- Ability to make a difference and lasting impact
- Flexible work/life balance options
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work
Job Skills
Communication, Financial Instruments, Operational Risks, Risk Control, Risk Management
Additional Job Details
Address:
20 KING 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:
2026-03-23
Application Deadline:
2026-04-07
Note**:**Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Our Employment Opportunities
At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
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.
RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.
Not the right fit? Search for Associate Director, Algorithmic & Electronic Trading Risk jobs in Toronto, ON
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.