Senior Manager, Capital Markets Financial Risk

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

Job summary

RBC is seeking a Senior Manager for its Internal Audit team focused on Capital Markets Financial risk. The role involves planning audits, assessing risk management practices, and leading projects while collaborating with senior leadership. Candidates should have extensive experience in auditing and risk assessment, along with robust analytical skills.

Benefits

Comprehensive Total Rewards Program including bonuses

Support for professional development

World-class training program

Opportunities for challenging work

Qualifications

• 7+ years of experience in Internal Audit, Risk Management, Market Risk, or Counterparty Credit Risk.
• Knowledge of traded and OTC products including derivatives.
• Strong analytical and critical thinking skills.

Responsibilities

• Plan and execute audits related to Market risk and Counterparty Credit risk.
• Develop audit programs and manage audit plan execution.
• Maintain working relationships with business stakeholders.

Skills

Adaptability

Auditing

Detail-Oriented

Internal Controls

Interpersonal Relationship Management

Commercial Acumen

Results-Oriented

Education

Finance or Quantitative degree

CPA/CFA/FRM certification

Tools

Excel

VBA

Python

Job description

Job Summary

Job Description

What's the opportunity?

This is an exciting opportunity to be a key member of the CAE/Internal Audit, Capital Markets Financial risk team. As a Senior Manager, you will report to Director/Senior Director and provide an independent and objective assessment of the effectiveness of RBC’s risk management practices with primary focus on Market risk and Counterparty Credit risk across RBC entities globally. You will have opportunities to lead projects, with exposure to RBC senior leadership.

The RBC Chief Audit Executive (CAE) Group leverages a unique perspective with a coordinated view to deliver valuable advice that not only gives assurance, but also illuminates a bigger picture, connects dots, builds best practices and broadens possibilities. We connect intelligence to protect and enable RBC.

What will you do?

• Plan and execute audits related to Market risk and Counterparty Credit risk, covering range of capital market products and front to back controls, with areas including risk governance, risk appetite, limit structure, risk measurement, reporting, aggregation, regulatory capital, and stress testing.
• Assist with the validation of regulatory matters related to Financial risk issued by regulatory bodies.
• Contribute to audit planning and ensure adequate coverage of key business processes to support an independent and objective assessment/opinion on the effectiveness of internal controls and risk management practices.
• Develop audit programs and execute/manage audit plan execution to ensure design and operating effectiveness.
• Continually develop and maintain working relationship with business stakeholders to become a trusted advisor.
• Leverage existing and work on building new data analytics for enhanced coverage and operational efficiencies.
• Keep abreast of regulatory changes and business environments trends.

Must-Have:

• 7+ years of experience in Internal Audit, Risk Management or support functions for any of these fields: Market Risk, Counterparty Credit Risk, Capital Markets, Product Control/Valuation Control, or Corporate Treasury.
• Knowledge or experience of traded and OTC products including derivatives and their associated risks, and risk measurement & management practices.
• Self-driven, team-player with strong collaborative, communication skills and relationship management skills. Has strong analytical and critical thinking skills.
• Finance or Quantitative degree and/or CPA/CFA/FRM certification.

Nice to have:

• Experience or working knowledge of Internal Audit best practices.
• Understanding of regulatory expectations impacting regulatory capital requirements.
• Proficient with using Excel/VBA/Python.

What’s in it for you?

We thrive on the challenge to be our best, progressive thinking 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, flexible benefits and competitive compensation.
• Leaders who support your development through coaching and managing opportunities.
• Ability to make a difference and lasting impact.
• A world-class training program.
• Opportunities to do challenging work.

Job Skills

Adaptability, Auditing, Commercial Acumen, Detail-Oriented, Internal Controls, Interpersonal Relationship Management, Multi-Level Communication, Organizational Savvy and Politics, Results-Oriented, Waterfall Model

Additional Job Details

Address:

20 KING ST W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

INTERNAL AUDIT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-06-11

Application Deadline:

2025-07-31

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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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.