Associate Director - Credit Modeling & Methodology

RBC; Toronto; On-site; CAD 120,000 - 190,000; Full time

Benefits offered by this job

Total rewards program

Career development and coaching

Collaborative team environment

Job summary

RBC in Toronto is looking for an Associate Director to lead credit modeling and methodology, focusing on development of wholesale risk models for IFRS-9, CECL, and stress testing; data engineering and rigorous validation are key responsibilities.

You will collaborate with stakeholders, communicate results clearly, and ensure regulatory alignment while advancing modeling capabilities with SAS/Python and robust documentation.

Qualifications

• Master’s degree in quantitative field of study or equivalent.
• Strong predictive modeling background and analytical problem-solving skills.
• Strong communication skills.
• Effective in translating technical expertise into business language that drive insights.
• Hands-on experience in SAS, Python or similar tools; expertise with MS Office Suite.

Responsibilities

• Develop, document, and implement Wholesale Credit Risk Models for use in IFRS-9, CECL, CCAR, Stress Testing (EWST, MST).
• Identify, communicate and troubleshoot modelling challenges, including related to data quality.
• Deliver sound quantitative methodologies and the results from employing them.
• Be agile in response to evolving model user requirements and competing priorities.
• Conduct model development work with strong attention to detail; validate material model assumptions and limitations and identify potential errors before they arise.
• Present quantitative materials, concisely and accurately, internally as well as to key stakeholders.
• Support Business Review, Model Validation, User-Acceptance Testing, Internal Audit and External Audit or Regulatory Review of Credit Risk Models.
• Develop an organizational awareness, understanding process flows of data through model development through model users and impact to key business stakeholders.
• Provide comprehensive documentation as a key component of the work product.

Skills

Predictive modeling

Communication

SAS

Python

MS Office

Education

Master's degree in quantitative field

Tools

SAS

Python

MS Office

Job description

RBC in Toronto is looking for an Associate Director to lead credit modeling and methodology, focusing on development of wholesale risk models for IFRS-9, CECL, and stress testing; data engineering and rigorous validation are key responsibilities.

You will collaborate with stakeholders, communicate results clearly, and ensure regulatory alignment while advancing modeling capabilities with SAS/Python and robust documentation.