Associate Director - Credit & Stress Testing Implementation Assurance

RBC; Toronto; On-site; CAD 100,000 - 130,000; Full time

Job summary

A leading bank in Toronto is seeking an Associate Director for Credit & Stress Testing Implementation Assurance. This role involves developing scalable testing solutions, reviewing production models and code, and generating detailed reports. The ideal candidate has over 5 years of relevant experience, proficiency in data manipulation, and strong communication skills. The position is full-time, offering a chance to impact financial statements directly, and is located in Toronto, Ontario.

Qualifications

• 5+ years related work experience in developing and deploying models and/or reports.
• Experience in data manipulation on large datasets.
• Strong interpersonal, communication and presentation skills.

Responsibilities

• Develop scalable testing solutions to increase coverage.
• Review of production models and reporting code for provisioning.
• Generation of quarterly and annual reports on production changes.

Skills

Application Testing

Change Controls

Communication

Credit Risks

Critical Thinking

Financial Instruments

Financial Regulation

Long Term Planning

Model Development

Model Implementation

Model Validation

Process Management

Programming Languages

Python (Programming Language)

Quantitative Methods

Risk Management

SAS

Education

Masters or PhD in Finance or technical field

Tools

Python

R

SAS

MATLAB

SQL

git/GitHub

Job description

Job Description

What is the opportunity?

Reporting to the Director, Credit & Stress Testing Implementation Assurance, the Associate Director Credit & Stress Testing Implementation Assurance will apply business and technical knowledge to support and provide constructive challenges across the Credit Modeling & Methodology team (CMM). You will be responsible for ensuring the accuracy and scalability of ECL production process through providing review and advisory of production source code, execution of post-implementation testing, implementation documentation, and development of continuous assurance solutions. This role gives the incumbent the opportunity to work across all banking book exposures in full development/deployment cycles of critical provisioning and stress testing programs.

What will you do?

Enablement of scalable solutions

• Development of scalable testing solutions to increase coverage.
• Use of quantitative methods to diagnose model implementation and impacts.
• Advisory of coding practices to enhance efficiency of production systems.

Source code review

• Review of production models and reporting code for provisioning (IFRS9/CECL) and stress testing programs (EWST/MST/CCAR).
• Communication of testing results to development and business stakeholders.

Publication of release reports

• Quarterly and annual review and generation of report that highlights all production changes and testing performed.

What do you need to succeed?

Must Have

• 5+ years related work experience in developing and deploying models and/or reports.
• Experience in data manipulation on large datasets (ingestion, processing, merging and aggregation of data).
• Experience with Python, R, SAS, or MATLAB, and SQL.
• Experience in code management solutions (git/GitHub).
• Strong interpersonal, communication and presentation skills, with the ability to articulate and document complex technical problems and control process for non-technical audience.
• Ability to structure workload and manage multiple competing priorities.
• Conceptual thinker with a curious mind to challenge and question the status quo and the ability to make quantitative decisions on ambiguous and complex techniques which will have an impact directly on RBCs financial statements.

Nice to Have

• Knowledge of credit risk methodology, including capital estimation, credit risk/stress testing models will be considered an asset.
• Masters or PhD in Finance or technical field (Physics, Math, Engineering, etc.) will be considered an asset.
• Prior experience in model development or model validation will be considered an asset.
• Knowledge or prior experience with TTD practice or CICD pipeline would be considered an asset.

What’s in it for you?

We thrive on the challenge to be our best, have progressive thinking to keep growing, and work 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.

Job Skills

• Application Testing
• Change Controls
• Communication
• Credit Risks
• Critical Thinking
• Financial Instruments
• Financial Regulation
• Long Term Planning
• Model Development
• Model Implementation
• Model Validation
• Process Management
• Programming Languages
• Python (Programming Language)
• Quantitative Methods
• Risk Management
• SAS

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: 2025-12-12

Application Deadline: 2025-12-27

Note

Applications will be accepted until 11:59 PM on the day prior to the application deadline date above.

Inclusion 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.

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