Associate Director, RBC Capital Markets, LLC, Jersey City, NJ:

Royal Bank of Canada•New York, NY

77d•Hybrid

About The Position

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of the organization. Make recommendations to limit risk. Support all aspects of GRM Technology delivery for CCAR/DFAST, including requirements gathering, documentation, development, and testing. Automation of CCAR models such as CVA models, RWA, Operational Risk, and Market Risk. Supporting BAU activities for CCAR delivery. Implementing in house CCAR solutions, including edit checks, 14M processes, and Q&A aggregation and reporting. Support all aspects of GRM Technology delivery for CMLLC Finance reporting, including requirements, documentation, development, and testing. Support GRM Technology delivery across other GRM, Finance, CNB, and BG projects, including requirements gathering, documentation, development, and testing related to reconciliation between Finance and Risk, Finance projections (including support costs, top side adjustments, and tax), CCR reporting, and RBC Bank EUC automations.

Requirements

Master’s degree in Quantitative Finance, Financial Mathematics, or a related field and 2 years of related work experience.
2 years of experience in Quantitative finance, including risk and modeling.
2 years of experience using Python including NumPy and Pandas libraries for data cleaning, aggregation, transformation, and reporting.
2 years of experience using SQL to extract, transform, and store data, and to generate datasets for reporting in conjunction with Python.
2 years of experience using VBA to automate Excel and PowerPoint, including generating tables, applying formatting, and creating charts.
2 years of experience in financial products, including fixed income securities, equities, and derivatives.
2 years of experience in Comprehensive Capital and Analysis Review (CCAR) processes, including periodic reporting across Available-for-sale (AFS) and Held-to-maturity (HTM) portfolios.
2 years of experience in Market Risk methodologies (Simplified Supervisory Formula Approach (SSFA), Credit Transition Calculator (CTC), Value-at-risk (VaR) and SVaR), and Operational Risk.

Nice To Haves

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

Responsibilities

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of the organization.
Make recommendations to limit risk.
Support all aspects of GRM Technology delivery for CCAR/DFAST, including requirements gathering, documentation, development, and testing.
Automation of CCAR models such as CVA models, RWA, Operational Risk, and Market Risk.
Supporting BAU activities for CCAR delivery.
Implementing in house CCAR solutions, including edit checks, 14M processes, and Q&A aggregation and reporting.
Support all aspects of GRM Technology delivery for CMLLC Finance reporting, including requirements, documentation, development, and testing.
Support GRM Technology delivery across other GRM, Finance, CNB, and BG projects, including requirements gathering, documentation, development, and testing related to reconciliation between Finance and Risk, Finance projections (including support costs, top side adjustments, and tax), CCR reporting, and RBC Bank EUC automations.