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Market Risk Measures Analyst

Royal Bank of Canada>
New York, NY Full Time
POSTED ON 2/14/2025
AVAILABLE BEFORE 5/5/2025

Job Summary

Monitors market risk and implements risk management systems and processes to minimize any risk to the market. Applies experience and seasoned knowledge, skills, and practices to perform a variety of assignments.

Job Description

What will you do?

Risk Reporting Production

  • Produce timely and accurate market risk reporting that quantifies capital, risk measures and risk limit exposures of trading portfolios of RBC Capital Markets, and other key business lines.
  • Manage the reporting process and ensure the accuracy of market risk analytics and measures.
  • Identify data quality abnormalities, investigate root causes, and recommend solutions.
  • Enhance and manage processes that quantify, review, explain and convey insight for market risk measures for a large, diverse set of financial products or activities across the firm.
  • Develop and maintain reporting tools and dashboards that are used to help understand the risk and capital metrics at varying levels of aggregation across the firm.
  • Maintain accurate and up to date procedures documentation.

Risk Reporting Design and Enhancements

  • Design and implement best in practice data visualizations and dashboards to provide transparency into the firm’s market risks.
  • Active engagement with a wide array of team members across GRM, Technology and Quants to support production and enhancement of market risk analytics and reports.
  • Streamline and automate risk analysis and reporting to enhance RBC’s risk accuracy, delivery timelines, and available insights for a wide variety of stakeholders.
  • Migrate legacy processes primarily with automated python-based processes, contributing to GRM’s shared python codebase on RBC’s internal GitHub repositories.
  • Active engagement on large scale technology infrastructure projects.
  • Design and execute testing strategy for system enhancements.
  • Design and manage manipulation of large data sets to optimize performance, speed and accuracy.
  • Source of expertise in data visualization and report design tools such as Python & Tableau.
  • Understand and layout system infrastructure and data flows of information
  • Support Market Risk Managers with day-to-day market risk management through report production, and analysis of market and risk data.
  • Data analysis of large quantities of data, including ability to draw insights from the data.
  • Collaborate with various regulatory and technology groups to help RBC meet its strategic infrastructure goals and comply with key regulatory requirements including FRTB, Volcker, and CCAR.
  • What do you need to succeed?

    Must Haves

  • Undergraduate or master’s degree in finance, economics, computer science, engineering, mathematics, or other quantitative discipline.
  • Ability to handle a significant and diverse workload, in a dynamic fast paced environment.
  • Strong technical skills, including exposure to Python, SQL, Airflow, and / or Tableau. Familiarity with workflow tools like GitHub, and Jira is desired.
  • Solutions oriented approach to problem solving, and willing to challenge the status quo processes.
  • Exposure to large dataset, and familiarity with databases in an Enterprise context.
  • Must be self-motivated, highly curious, and inquisitive, and capable of working with minimal direction.
  • Very strong written and verbal communication skills, and able to communicate complex ideas to internal stakeholders of varying degrees of such as risk managers, technology partners and quants.
  • Other Beneficial Qualifications :

  • Experience in risk management, trading, finance, or a related field an asset.
  • Knowledge of financial markets that demonstrates an interest in the subject matter.
  • 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, competitive compensation, commissions, and stock where applicable
  • Leaders who support your development through coaching and managing opportunities
  • Ability to make a difference and lasting impact
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Opportunities to do challenging work
  • Opportunities to build close relationships with clients
  • The good-faith expected salary range for the above position is $80,000 - $135,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs.  This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

    RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that :

  • Drives RBC’s high performance culture
  • Enables collective achievement of our strategic goals
  • Generates sustainable shareholder returns and above market shareholder value
  • LI-POST

    LI-Hybrid

    Job Skills

    Business Performance Management, Client Counseling, Critical Thinking, Derivatives, Economic Analysis, Financial Instruments, Investment Banking Analysis, Investment Management Systems, Investment Performance Measurement, Investment Risk Management, Market Analysis, Market Risk, Performance Management (PM), Risk Management, System Applications

    Additional Job Details

    Address :

    BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET : NEW YORK

    City : New York

    Country :

    United States of America

    Work hours / week : Employment Type :

    Full time

    Platform :

    GROUP RISK MANAGEMENT

    Job Type : Regular

    Pay Type : Salaried

    Posted Date : 2024-11-14

    Application Deadline :

    2025-03-04

    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 embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

    We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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    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 .

    Salary : $80,000 - $135,000

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