Market Risk Analyst

RBC; New York (NY); Hybrid; USD 80,000 - 135,000; Full time

Job summary

RBC is seeking a Market Risk Analyst to join their Group Risk Management team in New York. This role involves oversight of market risk in Capital Markets, collaboration with trading, risk management, and the implementation of risk policies. The ideal candidate will have an MS in Finance or a related field, and experience with market risk concepts and risk-related software applications such as Python.

Benefits

401(k) program with company-matching contributions

Health, dental, vision, life, disability insurance

Paid-time off

Development coaching opportunities

Qualifications

• Minimum of 1-3 years of experience in Market Risk / Credit Risk roles.
• Knowledge of market risk concepts such as VaR, stress testing.
• Familiar with regulatory/compliance requirements (FRTB, Volcker) preferred.

Responsibilities

• Provide market risk oversight for RBC's Capital Market businesses.
• Support market risk reporting process and ensure accuracy of key metrics.
• Collaborate with trading teams and stakeholders on key risk issues.

Skills

Business Process Design

Critical Thinking

Economic Analysis

Risk Control

Python (Programming Language)

Structured Query Language (SQL)

Tableau (Software)

Education

MS in Finance, Economics or a Quantitative subject

Tools

Python

SQL

Tableau

Job description

Job Summary

Job Description

What is the Opportunity?

As part of the Group Risk Management team, the candidate is responsible for providing independent and effective monitoring, control, and communications of market risk in Capital Market businesses.

This individual will partner with stakeholders across trading business, risk management and technology to ensure the implementation of and compliance with market risk policies and procedures. The individual will collaborate with internal stakeholders to promote a “Best of Class” risk oversight environment.

What will you do?

• Provide market risk oversight for RBC’s Capital Market businesses, acting as a key link between trading staff, management, and Group Risk Management. Become a subject matter expert in designated desks.

• Oversee and enhance risk control processes for the business: Develop key sensitivity metrics, implement metrics and establish risk reporting; establish and implement appropriate limits to ensure that business is operating within approved policies and limits; identify supplementary risk controls that may be required to manage the risks and exposure as necessary.

• Support the management of market risk reporting process and ensure accuracy of key risk metrics.

• Analyze key trading strategies and products to ensure they are in line with RBC’s risk tolerance and objectives.

• Monitor changes in portfolio and market to extract value-added insight for senior management. Highlight key market themes and events that form risk thematic relevancy to your coverage.

• Monitor trading activities and exposures to ensure they are within approved policies and limits, and that reports are timely and accurate. Review significant transactions to help facilitate businesses while ensuring proper risk controls.

• Collaborate with trading teams to ensure cohesion on key risk issues: systems, limits, risk management.

• Collaborate and coordinate among different stakeholders to meet enterprise/business line project deliverables. This will include projects related to capital requirements, risk modernization, as well as on-demand ad-hoc requests from internal partners.

• Look for opportunity to improve and standardize processes within the market risk team.

What do you need to succeed?

• MS in Finance, Economics or a Quantitative subject

• Minimum of 1-3 years of experience working in Market Risk / Credit Risk or Valuations based role including knowledge of market risk concepts (sensitivity analysis, VaR, stress testing etc.).

• Knowledge of vanilla and exotic derivative products spanning all asset classes, including Fixed income, Credit, Foreign Exchange, Commodity, and Equity.

• Strong written and oral communication skills with the ability to condense complex details into narratives suitable for communication with senior risk and business management.

• Strong technology experience with proven track record in implementing risk-related software applications such as Python.

• Must be a strong collaborator and have a high level of curiosity.

• Leadership role in large scale projects

• Familiar with regulatory/compliance requirements (FRTB, Volcker, etc.) preferred

• CFA/ FRM / PRA are preferred

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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.

• 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.

• Opportunities to do challenging work.

• Opportunities to build close relationships with clients.

The expected salary range for this particular position is $80,000-$135,000 (New York), depending on your experience, skills, and registration status, market conditions and business needs.

You have the potential to earn more through RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

• Drives RBC’s high-performance culture

• Enables collective achievement of our strategic goals

• Generates sustainable shareholder returns and above market shareholder value

#LI – Hybrid

#LI – POST

Job Skills

Business Process Design, Critical Thinking, Derivatives, Economic Analysis, Equities, Financial Instruments, Financial Statement Analysis, Fraud Risk Management, Investment Performance Measurement, Investment Risk Management, Python (Programming Language), Risk Control, Structured Query Language (SQL), Tableau (Software)

Additional Job Details

Address:

BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK

City:

New York

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-06-09

Application Deadline:

2025-09-06

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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