Director, CCAR Modeling & Risk Analytics Lead

RBC; Toronto; On-site; CAD 120,000 - 160,000; Full time

Job summary

A leading financial institution is seeking a Director, CCAR Models in Toronto, Ontario. This key role involves leading a team responsible for developing mathematical models for CCAR stress testing. The ideal candidate possesses strong analytical skills, programming expertise in Python, and experience in managing teams. This position offers a vibrant workplace with opportunities for career development. A comprehensive rewards program and collaborative team environment are included.

Benefits

Comprehensive Total Rewards Program

Support for development through training and coaching

Dynamic, collaborative team environment

Qualifications

• Broad knowledge of traded products across various asset classes.
• Understanding of regulatory requirements and industry best practices for CCAR stress testing.
• Experience managing a team.

Responsibilities

• Lead a team responsible for model design, development, and maintenance for CCAR stress testing.
• Conduct research and consult with stakeholders for best practices in modeling.
• Document methodologies and work with internal validation.

Skills

Strong analytical and problem solving skills

Excellent programming skills (e.g., Python)

Strong data management and analysis skills (e.g., SQL and Excel)

Ability to work collaboratively

Agility to adapt to changing circumstances

Strong English communication skills

Education

Masters in Financial Engineering or relevant degree

Job description

A leading financial institution is seeking a Director, CCAR Models in Toronto, Ontario. This key role involves leading a team responsible for developing mathematical models for CCAR stress testing. The ideal candidate possesses strong analytical skills, programming expertise in Python, and experience in managing teams. This position offers a vibrant workplace with opportunities for career development. A comprehensive rewards program and collaborative team environment are included.