Associate Director - Credit & Stress Testing Implementation Assurance

RBC • Toronto, ON

4d • Onsite

About The Position

Reporting to the Director, Credit & Stress Testing Implementation Assurance, the Associate Director Credit & Stress Testing Implementation Assurance will apply business and technical knowledge to support and provide constructive challenges across the Credit Modelling and Methodology Team (CMM). You will be responsible for ensuring the accuracy and scalability of ECL production process through providing review and advisory of production source code, execution of post-implementation testing, implementation documentation, and development of continuous assurance solutions. In this position you will have the opportunity to work across all banking book and exposures in full development/deployment cycles of critical provisioning and stress testing programs.

Requirements

• 5+ years related work experience in developing and deploying models and/or reports.
• Experience in data manipulation on large datasets (ingestion, processing, merging, and aggregation of data).
• Experience with building scalable Python code or similar.
• Experience in code management solutions (git).
• Strong interpersonal, communication and presentation skills, with the ability to articulate and document complex technical problems and control process for non-technical audience.
• Ability to structure workload and manage multiple competing priorities.
• Conceptual thinker with a curious mind to challenge and question the status quo and the ability to make quantitative decisions on ambiguous and complex techniques which will have an impact directly on RBCs financial statements.

Nice To Haves

• Knowledge of credit risk methodology, including capital estimation, credit risk/stress testing models will be considered an asset.
• Knowledge of Spark and/or SAS.
• Prior experience in model development or validation will be considered an asset.
• Knowledge or prior experience with TTD practice or CI/CD pipeline would be considered an asset.

Responsibilities

• Enablement of scalable solutions: Advisory of coding practices to enhance efficiency of production systems. Development of scalable testing solutions to increase coverage. Use of quantitative methods to diagnose model implementation and impacts.
• Source code review: Review of production models and reporting code for provisioning (IFRS9/CECL) and stress testing programs (MST/CCAR).
• Publication of release reports: Quarterly and annual review and generation of report that highlights all production changes.

Benefits

• A comprehensive Total Rewards Program including bonuses and flexible benefits and competitive compensation
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Flexible work/life balance options
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed