At a Glance
- Tasks: Lead the development of counterparty credit risk models using Python and quantitative analysis.
- Company: Join RBC, a leading financial institution in Toronto with a focus on innovation.
- Benefits: Competitive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on regulatory compliance and industry best practices.
- Why this job: Make a significant impact on risk management while leading a specialized analytics team.
- Qualifications: Strong programming skills in Python and experience in managing teams.
The predicted salary is between 123750 - 151250 $ per year.
Lead counterparty credit risk model development at RBC in Toronto, using Python, quantitative analysis, and regulatory expertise. Manage a specialized analytics team. You will lead models measuring and capitalizing counterparty credit risk across RBC’s derivative and SFT portfolio. You will evaluate methodologies, guide technical implementation, and support effective counterparty credit risk management. The work requires collaboration with model users, technology teams, internal validation, industry stakeholders, and regulators.
Key Responsibilities:
- Lead conceptual design, development, and maintenance of counterparty credit risk models
- Evaluate regulatory requirements, research practices, and recommend model methodologies
- Provide implementation details and acceptance criteria for production deployment
- Develop tools monitoring model performance, assumptions, and limitations
- Recalibrate models and remediate issues identified through reviews
Requirements:
- Broad knowledge of traded products across asset classes
- Understanding of counterparty credit risk regulatory requirements
- Excellent programming skills, including Python
- Strong data management skills using SQL and Excel
- Experience managing a team and explaining complex models
Apply your counterparty credit risk, model development, Python, and leadership expertise to RBC’s Toronto analytics team.
Director Counterparty Credit Risk Analytics in Toronto employer: RBC
RBC is an exceptional employer that fosters a dynamic and inclusive work culture, where innovation thrives and employees are empowered to grow. As a Senior Director in Toronto, you will lead a talented team in developing cutting-edge AI solutions that transform the banking experience for millions, while enjoying comprehensive benefits, professional development opportunities, and a commitment to community impact. Join us to be part of a collaborative environment that values diverse perspectives and champions your success.
