Top Benefits
About the role
Job Description
What is the opportunity?
As part of the Group Risk Management (GRM) team, the Manager, Stress Testing & Credit Provisioning Measurement, will implement credit risk model components and contribute to risk management analytics and processes supporting various stress testing and credit provisioning programs (e.g. IFRS9, CECL and CCAR).
The ideal candidate will apply extensive, in-depth knowledge, skills, and practices to perform complex assignments..
What will you do?
- Develop and maintain tools for implementing and executing credit risk models used in credit loss projections.
- Execute production credit loss projections for internal and regulatory filings.
- Provide analytical support for ad-hoc stress tests and scenario analyses triggered by credit quality shifts and evolving macroeconomic conditions.
- Communicate results and analytical insights to management and key stakeholders in a clear, concise, and timely manner to support informed decision-making.
- Collaborate with business and IT stakeholders to manage change requests involving portfolio and economic data.
- Perform system testing and impact analysis to evaluate changes to credit loss projections and ensure data integrity.
What do you need to succeed
Must Have:
- Experience with at least two of the following programing languages: Python, C, Java, SQL, SAS, R, MATLAB, VBA.
- Prior working experience of data manipulation of large volume of data.
- Experienced in extracting and transforming large volumes of portfolio and economic data from source system to ensure data readiness for model execution.
- Independent trouble shooting and problem-solving skills.
- flexibility to work extended hours to meet tight deadline.
- Undergraduate degree with quantitative background, such as mathematics, statistics, science, engineering etc.
Nice-to-Have:
- Familiarity with statistical modelling of credit products
- Experience with CCAR, CECL and IFRS9 programs in the financial industry
- Master/Ph.D. degree
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
Job Skills
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:
2025-09-25
Application Deadline:
2025-10-11
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.
Top Benefits
About the role
Job Description
What is the opportunity?
As part of the Group Risk Management (GRM) team, the Manager, Stress Testing & Credit Provisioning Measurement, will implement credit risk model components and contribute to risk management analytics and processes supporting various stress testing and credit provisioning programs (e.g. IFRS9, CECL and CCAR).
The ideal candidate will apply extensive, in-depth knowledge, skills, and practices to perform complex assignments..
What will you do?
- Develop and maintain tools for implementing and executing credit risk models used in credit loss projections.
- Execute production credit loss projections for internal and regulatory filings.
- Provide analytical support for ad-hoc stress tests and scenario analyses triggered by credit quality shifts and evolving macroeconomic conditions.
- Communicate results and analytical insights to management and key stakeholders in a clear, concise, and timely manner to support informed decision-making.
- Collaborate with business and IT stakeholders to manage change requests involving portfolio and economic data.
- Perform system testing and impact analysis to evaluate changes to credit loss projections and ensure data integrity.
What do you need to succeed
Must Have:
- Experience with at least two of the following programing languages: Python, C, Java, SQL, SAS, R, MATLAB, VBA.
- Prior working experience of data manipulation of large volume of data.
- Experienced in extracting and transforming large volumes of portfolio and economic data from source system to ensure data readiness for model execution.
- Independent trouble shooting and problem-solving skills.
- flexibility to work extended hours to meet tight deadline.
- Undergraduate degree with quantitative background, such as mathematics, statistics, science, engineering etc.
Nice-to-Have:
- Familiarity with statistical modelling of credit products
- Experience with CCAR, CECL and IFRS9 programs in the financial industry
- Master/Ph.D. degree
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
Job Skills
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:
2025-09-25
Application Deadline:
2025-10-11
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.