Market Risk Manager
About the role
Job Description
What is the opportunity?
The Market Risk team serves as the second line of defence, responsible for monitoring, analysing and reporting on market risk arising from business activities in Europe and North America regions.
This newly created position will play a key role in market risk oversight activities including annual market risk limit reviews and ongoing monitoring, and producing market risk reconciliation across trading desks such as fixed income, rates, foreign exchange, equities and credit.
This role provides an excellent opportunity to gain hands-on exposure to diverse trading products, deepen expertise in market risk systems and controls, and contribute to critical risk management decisions for a global organization.
Standard working hours are from 9am to 6pm (MYT). Occasional night or early morning calls may be required to coordinate with stakeholders in Europe and North America regions.
What will you do?
- Provide effective oversight of market risk exposures, including preparation of market risk reporting, monitoring of risk limits and timely identification of potential breaches for further investigation, documentation and resolution.
- Perform reconciliation of market risk exposure between the local system and enterprise system to ensure accuracy, consistency and completeness of reported risk figures. Investigate, escalate and resolve discrepancies in a timely manner.
- Conduct annual market risk limit reviews to ensure limits remain appropriate and aligned with risk appetite.
- Gain in-depth knowledge of risk data pipeline, including how exposures are calculated, processed and reported across system.
- Collaborate with stakeholders to execute UAT and control testing, ensuring system changes are properly tested and meet operational and risk management standards.
- Communicate market risk exposures and analysis to stakeholders, providing insights and recommendation for informed decision-making.
What do you need to succeed?
Must-have
- Undergraduate degree with emphasis in Actuarial Science, Mathematics, Statistics, Economics, Finance, Risk Management or a quantitative discipline.
- At least 5 years of relevant experience in risk reporting, preferably in or relevant to Market Risk in financial service industry.
- Proficiency in Python, SQL, Github, Tableau and database, with ability to apply these tools effectively in practical scenarios.
- Keen interest in global financial markets and trading products, with demonstrated curiosity and a willingness to learn and apply new concepts.
- Strong verbal and written communication skills in English for risk assessments presentation and discussion with stakeholders.
- Strong analytical and critical thinking skills with attention to details.
- Strong problem-solving skills with collaborative mindset.
- Proactive and results-driven, with the ability to take charge, set clear objectives and deliver measurable outcomes.
Nice-to-have
- Professional qualification such as CFA, FRM, etc.
- Risk Management experience in a global bank
- Industry knowledge and experience to fixed income, rates, foreign exchange, equities and credit.
Job Skills
Communication, Decision Making, Economic Analysis, Financial Instruments, Group Problem Solving, Investment Risk Management, Market Analysis, Market Risk, Risk Management
Additional Job Details
Address:
PERSIARAN IRC 2, IOI RESORT CITY IOI CITY TOWER ONE:PUTRAJAYA
City:
Putrajaya
Country:
Malaysia
Work hours/week:
40
Employment Type:
Full time
Platform:
GROUP RISK MANAGEMENT
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2025-09-29
Application Deadline:
2025-11-25
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
I****nclusion** and Equal Opportunity Employment**
At 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.
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.
Market Risk Manager
About the role
Job Description
What is the opportunity?
The Market Risk team serves as the second line of defence, responsible for monitoring, analysing and reporting on market risk arising from business activities in Europe and North America regions.
This newly created position will play a key role in market risk oversight activities including annual market risk limit reviews and ongoing monitoring, and producing market risk reconciliation across trading desks such as fixed income, rates, foreign exchange, equities and credit.
This role provides an excellent opportunity to gain hands-on exposure to diverse trading products, deepen expertise in market risk systems and controls, and contribute to critical risk management decisions for a global organization.
Standard working hours are from 9am to 6pm (MYT). Occasional night or early morning calls may be required to coordinate with stakeholders in Europe and North America regions.
What will you do?
- Provide effective oversight of market risk exposures, including preparation of market risk reporting, monitoring of risk limits and timely identification of potential breaches for further investigation, documentation and resolution.
- Perform reconciliation of market risk exposure between the local system and enterprise system to ensure accuracy, consistency and completeness of reported risk figures. Investigate, escalate and resolve discrepancies in a timely manner.
- Conduct annual market risk limit reviews to ensure limits remain appropriate and aligned with risk appetite.
- Gain in-depth knowledge of risk data pipeline, including how exposures are calculated, processed and reported across system.
- Collaborate with stakeholders to execute UAT and control testing, ensuring system changes are properly tested and meet operational and risk management standards.
- Communicate market risk exposures and analysis to stakeholders, providing insights and recommendation for informed decision-making.
What do you need to succeed?
Must-have
- Undergraduate degree with emphasis in Actuarial Science, Mathematics, Statistics, Economics, Finance, Risk Management or a quantitative discipline.
- At least 5 years of relevant experience in risk reporting, preferably in or relevant to Market Risk in financial service industry.
- Proficiency in Python, SQL, Github, Tableau and database, with ability to apply these tools effectively in practical scenarios.
- Keen interest in global financial markets and trading products, with demonstrated curiosity and a willingness to learn and apply new concepts.
- Strong verbal and written communication skills in English for risk assessments presentation and discussion with stakeholders.
- Strong analytical and critical thinking skills with attention to details.
- Strong problem-solving skills with collaborative mindset.
- Proactive and results-driven, with the ability to take charge, set clear objectives and deliver measurable outcomes.
Nice-to-have
- Professional qualification such as CFA, FRM, etc.
- Risk Management experience in a global bank
- Industry knowledge and experience to fixed income, rates, foreign exchange, equities and credit.
Job Skills
Communication, Decision Making, Economic Analysis, Financial Instruments, Group Problem Solving, Investment Risk Management, Market Analysis, Market Risk, Risk Management
Additional Job Details
Address:
PERSIARAN IRC 2, IOI RESORT CITY IOI CITY TOWER ONE:PUTRAJAYA
City:
Putrajaya
Country:
Malaysia
Work hours/week:
40
Employment Type:
Full time
Platform:
GROUP RISK MANAGEMENT
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2025-09-29
Application Deadline:
2025-11-25
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
I****nclusion** and Equal Opportunity Employment**
At 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.
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.