Director, Group Risk Analytics (GRA)

RBC; Toronto; On-site; CAD 100,000 - 140,000; Full time

Job summary

A leading financial institution in Toronto seeks a Director to oversee risk modeling for market risk in trading and investment portfolios, leading a team to handle methodologies and implementation. Applicants should have over 5 years in quantitative analytics, proven team management skills, and strong programming and data management capabilities. This full-time role offers competitive compensation and opportunities for professional development within a collaborative team environment.

Benefits

Comprehensive Total Rewards Program

Flexible benefits

Competitive compensation

Work/life balance options

Dynamic team environment

Qualifications

• 5+ years of experience in quantitative analytics, focusing on market risk models.
• Team management experience is required.
• Knowledge of various asset classes is a must.

Responsibilities

• Develop and maintain methodologies for market risk across asset classes.
• Implement solutions in collaboration with market risk and IT teams.
• Present proposals to senior management for approval.

Skills

Quantitative analytics

Managing a team

Analytical skills

Problem-solving skills

Programming (Python, C++, C#)

Data management (SQL, Excel)

English communication skills

Education

Master’s in Financial Engineering or related field

Tools

SQL

Excel

Job description

What is the opportunity?

The Director will lead a team responsible for the conceptual design, development, and ongoing maintenance of the risk models used for the measurement and capitalization of the market risk of RBC's trading portfolio and selected investment portfolios. This includes leading the methodology specifications, prototype implementation, and performance monitoring and maintenance of these methodologies.

What will you do?

• Develop, implement, document, maintain and monitor methodologies for market risk across various asset classes (fixed income, interest rate derivatives, equity, and foreign exchange), including VaR, SVaR, and Stress P&L calculations.
• Work with Local and Enterprise Market Risk teams, Risk IT, and Enterprise IT to implement end‑to‑end solutions for projects.
• Present methodology proposals and analytical impacts to senior management committee members for approval or sharing information.

Must-have

• 5+ years of working experience in quantitative analytics, such as derivative pricing and market risk models.
• Experience managing a team.
• Broad knowledge of traded products across various asset classes.
• Strong analytical and problem‑solving skills.
• Excellent programming skills (e.g., Python, C++, C#).
• Strong data management and analysis skills (e.g., SQL and Excel).
• Ability to work collaboratively to achieve team goals.
• Agility to adapt to changing circumstances in a dynamic environment.
• Strong English communication skills, both written and verbal, especially in explaining complex modeling concepts to senior management and regulators.

Nice-to-have

• Experience in a similar role.
• Master’s in Financial Engineering or a degree in another quantitative subject such as physics, statistics, mathematics, or mathematical finance, and/or a relevant professional qualification.

What’s in it for you?

• A comprehensive Total Rewards Program including bonuses and flexible benefits and competitive compensation.
• Leaders who support your development through coaching and managing opportunities.
• Ability to make a difference and lasting impact.
• Flexible work/life balance options.
• Work in a dynamic, collaborative, progressive, and high‑performing team.
• Opportunities to do challenging work.

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.

Location & Details

Address: ROYAL BANK PLAZA, 200 BAY ST: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: 2025-12-11

Application Deadline: 2025-12-27

For more information, visit jobs.rbc.com