Senior Manager GRM Portfolio Risk Oversight

RBC; Toronto; On-site; CAD 120,000 - 180,000; Full time

Job summary

RBC in Toronto is seeking a Senior Manager, GRM Portfolio Risk Oversight in the Business Financial Services group. You will provide senior leadership with insights on the BFS portfolio performance and help promote a Best of Class risk oversight environment.

In this role you will leverage portfolio data to prepare clear analyses, support quarterly PMO meetings, and build out risk reporting processes with advanced analytics. Strong SQL/Python skills and a quantitative mindset are essential.

Qualifications

• Undergraduate degree in a quantitative discipline.
• Strong analytical and critical thinking abilities.
• Ability to translate business questions into analytical requirements.
• Excellent communication of complex analytical ideas.

Responsibilities

• Prepare concise analysis for senior leadership on top and emerging risks and trends within the BFS portfolio.
• Assist in organizing and preparing materials for quarterly and mid-quarter Portfolio Management Committee meetings between risk and business.
• Help build and enhance risk reporting processes using analytics tools and advanced statistics.
• Develop credit loss forecasting and stress testing models to forecast losses under various scenarios.
• Translate business questions into analytic requirements and deliver meaningful insights and recommendations.
• Use business strategy to perform impact and sensitivity analyses on the current portfolio.
• Balance risk versus reward by spotting vulnerabilities and opportunities with a data-driven approach.

Skills

SQL

Python

Analytical thinking

Critical thinking

Tableau

Education

Undergraduate degree in a quantitative field (Statistics, Mathematics, CS, Engineering)

Tools

Tableau

Job description

What is the opportunity?

The GRM Portfolio Risk Oversight, Business Financial Services group provides independent and effective on-site monitoring, control and communication on the nature and extent of material risks impacting the BFS portfolio.

Job Description

What is the opportunity?

The GRM Portfolio Risk Oversight, Business Financial Services group provides independent and effective on-site monitoring, control and communication on the nature and extent of material risks impacting the BFS portfolio.

As the Senior Manager, GRM Portfolio Risk Oversight, Business Financial Services you will assist in providing valuable insights to senior leadership on the performance of the BFS portfolio and you will help promote a “Best of Class” risk oversight environment.

What will you do?

• Leverage portfolio and external data in preparing clear, concise and insightful analysis to senior leadership (in both risk and the business) on top/emerging risks and key trends within the BFS portfolio.
• Be a point person in assisting with the organization and preparation of materials for quarterly and mid-quarter Portfolio Management Committee meetings between risk and the business.
• Provide assistance in building out key risk reporting processes. Enhance portfolio reporting through the use of leading edge analytics and statistical tools.
• Build credit loss forecasting and stressing models to better understand and forecast potential credit losses in the portfolio under various conditions of stress and risk.
• Translate general business questions into analytic requirements and deliver meaningful insights and recommendations to solve business problems.
• Use business strategy and growth plans to perform impact and sensitivity analysis on the current portfolio.
• Balance risk vs. reward, spotting vulnerabilities and opportunities in the portfolio using a data driven approach.

What do you need to succeed?

Must Have

• Strong proficiency in SQL or Python programming language; other languages considered a benefit (e.g., SAS, R, Matlab, etc.). as well as experience using data visualization technology such as Tableau
• Completed an undergraduate program with emphasis on a quantitative discipline (Statistics, Mathematics, Computer Science, Engineering, etc.).
• Exceptional analytical and critical thinking skills with demonstrated ability to develop targeted data-driven insights in support of business objectives
• A strong interest in data and a desire to hunt for solutions and find creative ways to solve problems
• The ability to effectively communicate analytically complex ideas into clear and concise insights and presentations.

Nice to Have

• Some experience working in a credit or market risk function, or as an Analyst or Manager (in Business line, Risk and/or Finance functions) is preferred.
• Communication: Strong written and oral communications skills to explain complex concepts, influence and build consensus.
• Independent work: Skills to understand assigned work and then independently execute towards completion with minimal supervision.
• Networking: Ability to build and utilize internal networks to assist in project completion with emphasis on effective collaboration and consideration of diverse perspectives.

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 and flexible benefits, competitive compensation, commissions, and stock where applicable
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• A world-class training program in financial services
• Flexible work/life balance options

Job Skills

Client Counseling, Critical Thinking, Economic Analysis, Financial Derivatives, Financial Instruments, Investment Banking Analysis, Investment Risk Management, Market Risk, Quantitative Methods

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: 2026-08-10

Application Deadline: 2026-08-31

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

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.