Manager, Enterprise Model Risk Management
About the role
Job Description
As a Manager in Enterprise Model Risk Management, you will be responsible for leading a team of analysts and ensuring the effective management of model risk across the organization. You will work closely with various stakeholders to develop and implement model risk policies and procedures.
Main Responsibilities
- Lead the development and implementation of model risk management frameworks.
- Oversee model validation processes and ensure compliance with regulatory requirements.
- Collaborate with model developers to ensure models are fit for purpose.
- Provide guidance and support to team members in their professional development.
Required Qualifications
- Bachelor’s degree in a quantitative field (e.g., Mathematics, Statistics, Finance).
- 5+ years of experience in model risk management or related fields.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
Preferred Qualifications
- Master’s degree or PhD in a quantitative field.
- Experience with regulatory frameworks related to model risk.
- Proficiency in programming languages such as Python or R.
Other Relevant Details
- This position is available in Toronto, Ontario, and Vancouver, British Columbia.
- Full-time position with a competitive salary and benefits package.
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.
http://rbc.com/legalstuff.
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.
https://www.rbc.com/conditions-dutilisation/
Manager, Enterprise Model Risk Management
About the role
Job Description
As a Manager in Enterprise Model Risk Management, you will be responsible for leading a team of analysts and ensuring the effective management of model risk across the organization. You will work closely with various stakeholders to develop and implement model risk policies and procedures.
Main Responsibilities
- Lead the development and implementation of model risk management frameworks.
- Oversee model validation processes and ensure compliance with regulatory requirements.
- Collaborate with model developers to ensure models are fit for purpose.
- Provide guidance and support to team members in their professional development.
Required Qualifications
- Bachelor’s degree in a quantitative field (e.g., Mathematics, Statistics, Finance).
- 5+ years of experience in model risk management or related fields.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
Preferred Qualifications
- Master’s degree or PhD in a quantitative field.
- Experience with regulatory frameworks related to model risk.
- Proficiency in programming languages such as Python or R.
Other Relevant Details
- This position is available in Toronto, Ontario, and Vancouver, British Columbia.
- Full-time position with a competitive salary and benefits package.
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.
http://rbc.com/legalstuff.
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.
https://www.rbc.com/conditions-dutilisation/