Risk Management Analyst

RBC•New York, NY

2d•$85,000 - $145,000•Onsite

About The Position

The GRM counterparty and credit risk group provides independent and effective monitoring, control, and communications on the nature and extent of all material credit risk and ensures the implementation and compliance with risk management policies and procedures. The new hire will join as an analyst on the GRM team responsible for overseeing the Securities Finance Transaction (SFT) and the Structured Asset Collateral (SAC) portfolio in New York with primary responsibilities and other key aspects of the job defined in the following sections.

Requirements

Bachelor’s degree or master’s degree in finance or science or economics, or a related quantitative field
Strong coding skills
Interest in securitized products and fixed income products
Quantitative skill set
Curious mindset
Self-motivated
Communication skills
Deep understanding of VaR/Stress methodology calculation

Responsibilities

Provide risk oversight for the Counterparty Credit Risk for Securities Finance Transaction (SFT) and the Structured Asset Collateral (SAC) portfolio at the consolidated and individual entity levels.
Aid in the management of the CCR reporting process and ensure the accuracy of key risk measurements.
Develop and improve risk infrastructure.
Analyze key collateral and products to ensure alignment with RBC risk tolerance.
Review significant transactions to support business growth and maintain robust risk controls.
Collaborate with trading teams to ensure alignment on key risk issues: systems, limits, risk management.
Ensure that all credit risk and collateral exposures for the Security Finance Businesses are correctly calculated, tracked against limits, reported, and escalated in a timely manner.
Play a lead role in enhancing risk systems: CREX and other internal systems.
Investigate risks to provide value-added insight and analysis to senior management on risk trends and concerns.
Examine trends in large datasets using advanced statistical and econometric techniques to draw conclusions related to collateral and limits.