Associate Director, Counterparty Credit Risk Exposure Monitoring – Derivatives and SFTs

RBC; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

An established industry player seeks an Associate Director for Counterparty Credit Risk Exposure Monitoring. In this pivotal role, you will oversee risk measurement and monitoring of trading activities, ensuring compliance with risk limits. Collaborating with various teams, you'll streamline processes and enhance analytic capabilities. This role promises a dynamic environment where your analytical skills will shine, driving innovation in risk management. Join a collaborative team dedicated to fostering growth and making a significant impact in the financial sector. If you're passionate about risk management and thrive in a fast-paced setting, this opportunity is for you.

Benefits

Comprehensive rewards

Bonuses

Leadership support

Development opportunities

Collaborative team environment

Qualifications

• 3+ years in a quantitative Risk Control role within a financial institution.
• Experience with trading products and credit risk concepts.

Responsibilities

• Monitor counterparty exposures against approved risk limits.
• Investigate risks and provide comprehensive analysis to management.
• Drive risk infrastructure innovation and develop analytic tools.

Skills

Quantitative Risk Control

Excel

Python

SQL

Analytical Skills

Problem-Solving

Communication Skills

Education

Bachelor's Degree

Master's Degree in Finance or Economics

FRM, PRMIA, or CFA Certification

Job description

Associate Director, Counterparty Credit Risk Exposure Monitoring – Derivatives and SFTs

Join to apply for the Associate Director, Counterparty Credit Risk Exposure Monitoring – Derivatives and SFTs role at RBC

Job Summary

Counterparty Credit Risk (CCR) is responsible for providing risk oversight of RBC’s trading activities, including counterparty exposure measurement, monitoring, portfolio risk analysis, and reporting.

As an Associate Director (AD) in the Exposure Monitoring (CCREM) team, you will:

• Support daily monitoring of counterparty exposures against approved risk limits for derivatives and SFTs.
• Provide oversight on the completeness and appropriateness of risk measurements.
• Streamline and automate risk monitoring practices and enhance analytic capabilities.
• Monitor portfolios for noteworthy trends/risks, contribute to CCR policies, and assess emerging risks.
• Participate in reporting and analytical tool enhancements.
• Collaborate with other groups on project development, including coordination, coding, and testing.

Key Responsibilities

• Investigate risks proactively and provide comprehensive analysis to risk management levels.
• Monitor, investigate, and escalate credit and collateral limit excesses as per policies.
• Conduct deep dive analyses into specific portfolios and counterparties.
• Identify gaps in risk capturing and reporting, ensuring data accuracy.
• Drive risk infrastructure innovation, working with business, IT, and analytics teams.
• Develop tools to automate processes and improve analytic capabilities for timely risk review.
• Assist in implementing project-based initiatives.

Qualifications

Must-have:

• 3+ years in a quantitative Risk Control role within a financial institution, understanding trading products and credit risk concepts.
• Experience with Excel, Python, and SQL.
• Strong analytical, problem-solving, and communication skills.
• Excellent organizational skills to meet deadlines.

Nice-to-have:

• Master’s degree in Finance, Economics, or related field.
• FRM, PRMIA, or CFA certification.
• Knowledge of derivatives and SFT products, markets, and risk methodologies.

Benefits & Culture

We foster growth, collaboration, and community impact through:

• Comprehensive rewards, bonuses, and benefits.
• Leadership support and development opportunities.
• Dynamic, collaborative, and high-performing team environment.

Additional Details

Location: Toronto, Canada

Work hours: 37.5/week

Employment: Full-time, Salaried

Posted: 2025-05-01, Deadline: 2025-05-16

Equal Opportunity Statement

RBC promotes an inclusive workplace supporting diversity, respect, and growth for all employees.