Associate Director, CFG Market Risk

Royal Bank of Canada • New York, NY

94d • $160,597 - $160,597

About The Position

Associate Director, CFG Market Risk, RBC Capital Markets, LLC, New York, NY: Provide risk oversight for Quantitative Strategies Group (QSG) within the Central Funding Group (CFG) and ETF Market Making US (ETF MM US) within Global Markets Management (GMM). Oversee market risk reporting for QSG and ETF MM US and ensure accuracy of key risk metrics and compliance to market risk limits. Analyze complex transactions and provide assessment of inherent and residual risks and impacts to the business. Manage an appropriate market risk limit framework for QSG and ETF MM USA commensurate with RBC's risk appetite and business strategy. Drive the enhancement of the risk reporting infrastructure for QSG and ETF MM US, coordinating with Risk IT the prioritization and implementation of new developments. Escalate emerging risks and risk concentrations providing insight and analysis to senior management. Examine trends in large sets of data using advanced statistical and econometric techniques to draw conclusions.

Requirements

• Master's degree in Financial Engineering, Quantitative Finance, Mathematics, Economics or a related field.
• 3 years of related work experience.
• 3 years of experience with Data Reporting Tools (Tableau, Oracle BI).
• 3 years of experience with Python.
• 3 years of experience with SQL.
• 3 years of experience with Bloomberg Terminal.
• 2 years of experience in ETF markets.

Responsibilities

• Provide risk oversight for Quantitative Strategies Group (QSG) and ETF Market Making US (ETF MM US).
• Oversee market risk reporting for QSG and ETF MM US.
• Ensure accuracy of key risk metrics and compliance to market risk limits.
• Analyze complex transactions and assess inherent and residual risks.
• Manage market risk limit framework for QSG and ETF MM USA.
• Drive enhancement of risk reporting infrastructure for QSG and ETF MM US.
• Coordinate with Risk IT for prioritization and implementation of new developments.
• Escalate emerging risks and risk concentrations to senior management.
• Examine trends in large data sets using advanced statistical and econometric techniques.

Benefits

• 401(k) program with company-matching contributions.
• Health insurance.
• Dental insurance.
• Vision insurance.
• Life insurance.
• Disability insurance.
• Paid time-off plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Master's degree