Risk Analyst, Market Risk

Royal Bank of Canada•New York, NY

5d•$85,000 - $145,000•Onsite

About The Position

The GRM Market Risk group provides independent and effective monitoring, control, and communications on the nature and extent of all material market risk and ensures the implementation and compliance with risk management policies and procedures. The new hire will join as a junior member of the GRM team that is responsible for the oversight fixed income market risk in New York with primary responsibilities and other key aspects of the job defined in the following sections.

Requirements

MS/MA, MBA or BS/BA with emphasis in finance, economics or a quantitative discipline
Knowledge of financial markets that demonstrates an interest in the subject matter
Ability to handle and prioritize a significant and diverse workload, with strong attention to detail
Ability to communicate clearly to key relationship contacts

Nice To Haves

Strong technology experience ideally with Python and familiarity with SQL
Knowledge of Fixed Income products

Responsibilities

Help provide risk oversight for the fixed income trading businesses.
Aid in the management of the market risk reporting process and ensure the accuracy of key risk measurements.
Development of the risk infrastructure.
Analyze key trading strategies and products to ensure they are in line with RBCCM risk tolerance and objectives.
Review significant transactions to help facilitating business and ensure proper risk controls.
Work with trading to ensure a close cohesion on key risk issues: systems, limits, risk management.
Play a lead role in enhancing the GRM risk systems, focused on derivatives business lines.
Investigate risks to provide value-added insight and analysis to senior management on risk.
Resource for risk oversight of spread products and structured rates within the fixed income team in RBC market risk NY.