Risk Manager, CCR Capital

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

Job summary

RBC is seeking a Risk Manager for its Market & Counterparty Credit Risk team in Toronto. You will play a key role in regulatory capital analysis and reporting, driving improvements in analytics processes and providing crucial insights to stakeholders. The ideal candidate will have a graduate degree in a relevant discipline and a strong command of risk management principles alongside analytical capabilities. Join RBC's mission to foster an inclusive and innovative workplace while contributing to key business initiatives.

Benefits

Comprehensive Total Rewards Program including bonuses and flexible benefits

Supportive leadership for your development

Collaborative and high-performing team environment

Qualifications

• Graduate degree with emphasis in risk management or finance required.
• Strong understanding of OTC derivatives products.
• Self-motivated individual with strong analytical capabilities.

Responsibilities

• Execute month-end regulatory capital processes and reporting.
• Design and produce reporting for key business stakeholders.
• Build tools to enhance capital analytics and automate reporting.

Skills

Strong communication skills

Stakeholder and relationship management

Analytical capabilities

Education

Graduate degree in risk management, finance, or a quantitative discipline

Tools

Excel

Python

SQL

Job description

Job Summary

The MCCR Regulatory Capital team plays a principal role in both the interpretation of continuously evolving regulatory requirements, and managing internal transitions of regulatory changes.

Job Description

What is your opportunity?

As Risk Manager, you report to a Director in the Market & Counterparty Credit Risk (MCCR) Capital group, and contribute to regulatory capital analysis and reporting processes for CCR and CVA capital for the derivatives and SFT portfolios.

As Risk Manager, you also prepare risk reports and perform detailed analysis to contribute to critical capital reporting which informs Front Office and functional stakeholders of key drivers and changes in their counterparty credit risk default and CVA capital. Your role involves building out tools to further enhance our capital analytics capabilities and streamline various reporting processes, and acting as the key control owner on capital production results and usages.

What will you do?

• Be closely involved in the execution of month-end regulatory capital processes

• Design and produce related reporting and analysis to inform key business stakeholders of risk drivers and changes, as well as the impact of regulatory transitions

• Build tools to enhance capital analytics, support capital sizing and automate reporting processes

• Ensure new business initiatives are captured appropriately in SA-CCR and SFT Exposure at Default (EAD) and regulatory capital calculations

• Act as key stakeholder in the planning and prioritization of related regulatory updates to ensure the success of capital model enhancements

• Work with various RBC front office businesses, Global Risk Analytics, Market Risk, Risk IT, and Finance to ensure counterparty credit risk capital is complete and accurate

What do you need to succeed?

• Graduate degree with emphasis in risk management, finance, or a quantitative discipline.

• Strong understanding of traded products, particularly OTC derivatives products and their associated risks.

• Strong communication skills and stakeholder and relationship management capabilities.

• Self-motivated individual with strong analytical capabilities and attention to detail.

• Ability to work evening and weekends on regulatory capital measurement and reporting, as required (10% of the time).

• Excellent command of Excel, Python, and SQL experience.

Nice-to-Haves

• Relevant experience in a risk management role

• FRM, PRMIA, or CFA certification

What’s in it for you?

We thrive on the challenge to be our best, thinking progressively to keep growing, and working 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.

• A comprehensive Total Rewards Program including bonuses and flexible benefits

• Leaders who support your development through coaching and managing opportunities

• Ability to make a difference and lasting impact

• Work in an agile, collaborative, progressive, and high-performing team

• The opportunity to interface with executives from many different parts of the organization

Job Skills

Additional Job 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:

2025-06-27

Application Deadline:

2025-07-12

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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