Risk Manager, Counterparty Credit Risk (5 Months Contract)
Top Benefits
About the role
**Job Description
What is the opportunity?
As part of the Group Risk Management (GRM) team, the Risk Manager, Counterparty Credit Risk will support RBC’s Risk Management infrastructure by managing key limit and agreement data in various trading and risk monitoring systems. This will involve a range of complexity from low-touch automated data to exceedingly complex client and agreement structures for which you will engage multiple groups to investigations and propose mapping solutions. Timely and accurate mapping of client credit data contributes to successful measurement of credit risk exposures and capital requirements within the Counterparty Credit Risk team, as well as and pre-trading pricing, compliance and availability checks performed by the front office traders.
What will you do?
- Conduct timely and thorough investigations around complex client reference data – primarily in relation to OTC derivative clients and their associated credit hierarchies, limit structures, and collateral and netting agreement terms.
- Engage various functions within CCR and across Capital Markets to provide subject matter expertise in support of new or evolving processes or client structures.
- Work with a team of risk managers to carrying out accurate, timely, and efficient management of critical credit limit and trading agreement data to support all trading activities on the RBC Capital Markets and RBC IS platforms. Significant data sets include:
- 130,000+ counterparty and issuer credit limits in RBC trading limit systems
- Key collateral and margin agreement information related to over 15,000 derivative agreements in the collateral system
- Credit and Settlement netting records for all OTC derivative, FX, and Continuously Linked Settlements agreements.
- Conducting efficient analysis of large data sets for ad hoc reporting to management and stakeholders.
- Identifying and escalating system infrastructure issues to appropriate support teams and management as needed and identifying opportunities to improve process efficiencies either through development or the use of other technical tools.
What do you need to succeed?
Must-have
- Undergraduate degree, preferably in Finance or Business
- 2-4 years’ experience in a capital markets risk, control or data management function
- Experience in database/data management and analysis
- Strong PC skills, particularly Microsoft office,
- Strong writing, communication, and interpersonal skills
- Ability to work in fast paced dynamic environment with changing priorities
- High standards for accuracy and efficiency.
Nice-to-have
- Understanding of credit management including limit adjudication and credit mitigation strategies (i.e., collateral, guarantees, etc.)
- Experience working with SQL, VBA, and Python
What’s in it for you?
This is an exciting opportunity to immerse yourself in the world of Risk Management. This role will allow you to get involved in the risk management process for all trading products, including OTC derivatives, Futures Clearing, Repo, and Securities Lending, etc. You will also have regular engagement with a variety of functions outside of the Counterparty Credit Risk space, including Trading Documentation Group, Legal, GRM Wholesale Credit Risk, ICCM, IT, and various front office trading desks.
- A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation
- Leaders who support your development through coaching and managing opportunities
- Work in a dynamic, collaborative, and high-performing team
- Opportunities to do challenging work
Job Skills
Business Data Analysis, Communication, Credit Analysis, Critical Thinking, Database Queries, Data Visualization, Decision Making, Quantitative Methods, Risk Management
Additional Job Details
Address:
ROYAL BANK PLAZA, 200 BAY ST:TORONTO
City:
Toronto
Country:
Canada
Work hours/week:
37.5
Employment Type:
Full time
Platform:
GROUP RISK MANAGEMENT
Job Type:
Contract (Fixed Term)
Pay Type:
Salaried
Posted Date:
2025-09-09
Application Deadline:
2025-09-23
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.
Risk Manager, Counterparty Credit Risk (5 Months Contract)
Top Benefits
About the role
**Job Description
What is the opportunity?
As part of the Group Risk Management (GRM) team, the Risk Manager, Counterparty Credit Risk will support RBC’s Risk Management infrastructure by managing key limit and agreement data in various trading and risk monitoring systems. This will involve a range of complexity from low-touch automated data to exceedingly complex client and agreement structures for which you will engage multiple groups to investigations and propose mapping solutions. Timely and accurate mapping of client credit data contributes to successful measurement of credit risk exposures and capital requirements within the Counterparty Credit Risk team, as well as and pre-trading pricing, compliance and availability checks performed by the front office traders.
What will you do?
- Conduct timely and thorough investigations around complex client reference data – primarily in relation to OTC derivative clients and their associated credit hierarchies, limit structures, and collateral and netting agreement terms.
- Engage various functions within CCR and across Capital Markets to provide subject matter expertise in support of new or evolving processes or client structures.
- Work with a team of risk managers to carrying out accurate, timely, and efficient management of critical credit limit and trading agreement data to support all trading activities on the RBC Capital Markets and RBC IS platforms. Significant data sets include:
- 130,000+ counterparty and issuer credit limits in RBC trading limit systems
- Key collateral and margin agreement information related to over 15,000 derivative agreements in the collateral system
- Credit and Settlement netting records for all OTC derivative, FX, and Continuously Linked Settlements agreements.
- Conducting efficient analysis of large data sets for ad hoc reporting to management and stakeholders.
- Identifying and escalating system infrastructure issues to appropriate support teams and management as needed and identifying opportunities to improve process efficiencies either through development or the use of other technical tools.
What do you need to succeed?
Must-have
- Undergraduate degree, preferably in Finance or Business
- 2-4 years’ experience in a capital markets risk, control or data management function
- Experience in database/data management and analysis
- Strong PC skills, particularly Microsoft office,
- Strong writing, communication, and interpersonal skills
- Ability to work in fast paced dynamic environment with changing priorities
- High standards for accuracy and efficiency.
Nice-to-have
- Understanding of credit management including limit adjudication and credit mitigation strategies (i.e., collateral, guarantees, etc.)
- Experience working with SQL, VBA, and Python
What’s in it for you?
This is an exciting opportunity to immerse yourself in the world of Risk Management. This role will allow you to get involved in the risk management process for all trading products, including OTC derivatives, Futures Clearing, Repo, and Securities Lending, etc. You will also have regular engagement with a variety of functions outside of the Counterparty Credit Risk space, including Trading Documentation Group, Legal, GRM Wholesale Credit Risk, ICCM, IT, and various front office trading desks.
- A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation
- Leaders who support your development through coaching and managing opportunities
- Work in a dynamic, collaborative, and high-performing team
- Opportunities to do challenging work
Job Skills
Business Data Analysis, Communication, Credit Analysis, Critical Thinking, Database Queries, Data Visualization, Decision Making, Quantitative Methods, Risk Management
Additional Job Details
Address:
ROYAL BANK PLAZA, 200 BAY ST:TORONTO
City:
Toronto
Country:
Canada
Work hours/week:
37.5
Employment Type:
Full time
Platform:
GROUP RISK MANAGEMENT
Job Type:
Contract (Fixed Term)
Pay Type:
Salaried
Posted Date:
2025-09-09
Application Deadline:
2025-09-23
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.