Associate Director - Stress Testing Analytics
Top Benefits
About the role
What is the opportunity?
The Associate Director will build credit aggregation engines to execute RBC’s Stress Testing programs and develop complex tools to provide sound analytics to senior management. You will work on strategic projects to drive efficiency gains across stress testing and provisioning programs.
You will research and propose sound recommendations, to the team Director and Senior Director, pertaining to the production process and the operating model with internal and external stakeholders.
What will you do
- Develop, document, and implement complex forecasting or decomposition tools used in the ECL production process. Be a strong producer of independent output.
- Deliver quantitatively sound methodologies/results against self-determined timelines given competing priorities/needs
- Conduct data analysis with a strong attention to detail; identify potential errors before they arise
- Present quantitative materials, concisely and accurately, to the team VP
- Identify production and control challenges and conduct independent problem solving to resolve.
- Support Business Review, Model Validation, User-Acceptance Testing, Internal Audit and External Audit or Regulatory Review of Credit Risk Models
- Begin to develop an organizational awareness, creating a network that can be levered for independently solving self-identified problems
- Anticipate, and be able to answer, nearly all substantive questions related to their personal work.
Must-have
- 5+ years of Model Development experience within a financial industry
- Master’s Degree in a quantitative discipline (i.e. Statistics, Math, Computer Science and Engineering)
- Predictive Modelling, Statistical Programming. Strong knowledge of SAS, Python, and SQL.
- Familiarity with Retail and Wholesale banking products, with a focus on understanding their structure, risk drivers, and evolution within the banking book.
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
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work
Job Skills
Client Counseling, Communication, Competitive Markets, Critical Thinking, Financial Instruments, Financial Regulation, Long Term Planning, Process Management, Quantitative Methods, Risk Management
Additional Job Details
Address: RBC CENTRE, 155 WELLINGTON 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: 2025-11-04
Application Deadline: 2025-11-17
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
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.
Associate Director - Stress Testing Analytics
Top Benefits
About the role
What is the opportunity?
The Associate Director will build credit aggregation engines to execute RBC’s Stress Testing programs and develop complex tools to provide sound analytics to senior management. You will work on strategic projects to drive efficiency gains across stress testing and provisioning programs.
You will research and propose sound recommendations, to the team Director and Senior Director, pertaining to the production process and the operating model with internal and external stakeholders.
What will you do
- Develop, document, and implement complex forecasting or decomposition tools used in the ECL production process. Be a strong producer of independent output.
- Deliver quantitatively sound methodologies/results against self-determined timelines given competing priorities/needs
- Conduct data analysis with a strong attention to detail; identify potential errors before they arise
- Present quantitative materials, concisely and accurately, to the team VP
- Identify production and control challenges and conduct independent problem solving to resolve.
- Support Business Review, Model Validation, User-Acceptance Testing, Internal Audit and External Audit or Regulatory Review of Credit Risk Models
- Begin to develop an organizational awareness, creating a network that can be levered for independently solving self-identified problems
- Anticipate, and be able to answer, nearly all substantive questions related to their personal work.
Must-have
- 5+ years of Model Development experience within a financial industry
- Master’s Degree in a quantitative discipline (i.e. Statistics, Math, Computer Science and Engineering)
- Predictive Modelling, Statistical Programming. Strong knowledge of SAS, Python, and SQL.
- Familiarity with Retail and Wholesale banking products, with a focus on understanding their structure, risk drivers, and evolution within the banking book.
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
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work
Job Skills
Client Counseling, Communication, Competitive Markets, Critical Thinking, Financial Instruments, Financial Regulation, Long Term Planning, Process Management, Quantitative Methods, Risk Management
Additional Job Details
Address: RBC CENTRE, 155 WELLINGTON 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: 2025-11-04
Application Deadline: 2025-11-17
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
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.