Director, Credit Risk Infrastructure
Top Benefits
About the role
What is the opportunity?
The Director, Credit Risk Infrastructure leads the development and implementation of complex credit risk infrastructure and solutions to support RBC’s stress testing (CCAR, EWST, MST) and credit provisioning (CECL, IFRS9) programs.
What will you do?
-
Develop, implement and document credit risk infrastructure processes and systems to support stress testing and credit provisioning programs
-
Enhance existing credit risk infrastructure and systems through innovative design and development of new future-ready solutions
-
Lead cross-functional projects across various stakeholder groups
-
Play a leadership role in the partnership with the business, model development, model implementation and production to support internal audit, external audit and regulatory review of credit risk infrastructure
-
Act as a point of contact for downstream users to gather requirements and provide analysis
-
Ensure credit risk infrastructure and approaches keep pace with regulatory changes and business requirements
-
Develop advanced coding solutions, including Python and SAS
Must Have:
- 7+ years of relevant work experience
- University degree in a quantitative discipline such as Finance, Statistics, Economics, Math, Computer Science, or Engineering.
- Strong understanding of IT environments and systems
- Strong understanding of credit risk modeling frameworks
- Strong analytical and problem-solving skills
- Strong technical capacity in statistical computing, including Python, SAS, SQL programming
- Experience with stress testing programs such as EWST, MST, CCAR
- Experience with provisioning programs such as IFRS9 and CECL
- Experience with credit products in the financial industry
- Experience managing highly specialized teams and/or complex projects
Nice-to-Have:
- Strong interpersonal and organizational skills with ability to manage multiple projects simultaneously
- Master’s/PhD degree
- FRM/CFA designation
What is in it for you?
We thrive on the challenge to be our best, progressive thinking, to keep growing, and working together to build and deliver trusted reporting to help our stakeholders succeed 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, competitive compensation
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to take on progressively greater accountabilities
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.
Director, Credit Risk Infrastructure
Top Benefits
About the role
What is the opportunity?
The Director, Credit Risk Infrastructure leads the development and implementation of complex credit risk infrastructure and solutions to support RBC’s stress testing (CCAR, EWST, MST) and credit provisioning (CECL, IFRS9) programs.
What will you do?
-
Develop, implement and document credit risk infrastructure processes and systems to support stress testing and credit provisioning programs
-
Enhance existing credit risk infrastructure and systems through innovative design and development of new future-ready solutions
-
Lead cross-functional projects across various stakeholder groups
-
Play a leadership role in the partnership with the business, model development, model implementation and production to support internal audit, external audit and regulatory review of credit risk infrastructure
-
Act as a point of contact for downstream users to gather requirements and provide analysis
-
Ensure credit risk infrastructure and approaches keep pace with regulatory changes and business requirements
-
Develop advanced coding solutions, including Python and SAS
Must Have:
- 7+ years of relevant work experience
- University degree in a quantitative discipline such as Finance, Statistics, Economics, Math, Computer Science, or Engineering.
- Strong understanding of IT environments and systems
- Strong understanding of credit risk modeling frameworks
- Strong analytical and problem-solving skills
- Strong technical capacity in statistical computing, including Python, SAS, SQL programming
- Experience with stress testing programs such as EWST, MST, CCAR
- Experience with provisioning programs such as IFRS9 and CECL
- Experience with credit products in the financial industry
- Experience managing highly specialized teams and/or complex projects
Nice-to-Have:
- Strong interpersonal and organizational skills with ability to manage multiple projects simultaneously
- Master’s/PhD degree
- FRM/CFA designation
What is in it for you?
We thrive on the challenge to be our best, progressive thinking, to keep growing, and working together to build and deliver trusted reporting to help our stakeholders succeed 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, competitive compensation
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to take on progressively greater accountabilities
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.