About the role
Job Description
As a Senior Manager in the Model Risk Center of Excellence (CoE), you will be responsible for leading the model risk management framework and ensuring compliance with regulatory requirements. You will work closely with various stakeholders to assess model performance and validate model assumptions.
Main Responsibilities
- Lead the development and implementation of model risk policies and procedures.
- Conduct model validation and performance assessments.
- Collaborate with model developers and users to ensure proper model governance.
- Prepare reports and presentations for senior management and regulatory bodies.
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 compliance in model risk.
- Familiarity with statistical software and programming languages (e.g., R, Python).
Other Relevant Details
- This position is based in Toronto, Ontario, Canada.
- Full-time employment with competitive salary and benefits.
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/
About the role
Job Description
As a Senior Manager in the Model Risk Center of Excellence (CoE), you will be responsible for leading the model risk management framework and ensuring compliance with regulatory requirements. You will work closely with various stakeholders to assess model performance and validate model assumptions.
Main Responsibilities
- Lead the development and implementation of model risk policies and procedures.
- Conduct model validation and performance assessments.
- Collaborate with model developers and users to ensure proper model governance.
- Prepare reports and presentations for senior management and regulatory bodies.
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 compliance in model risk.
- Familiarity with statistical software and programming languages (e.g., R, Python).
Other Relevant Details
- This position is based in Toronto, Ontario, Canada.
- Full-time employment with competitive salary and benefits.
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/