Senior Market Risk Analyst

RBC•New York, NY

1d•$85,000 - $145,000•Onsite

About The Position

RBC is seeking a highly motivated individual to contribute to strategic initiatives across Market Risk teams, spanning reporting standardization, infrastructure enhancement, and enterprise-wide project delivery. This role will support the coordination and execution of projects across multiple market risk teams and regions, ensuring alignment with enterprise objectives. The ideal candidate will bring strong programming and analytical skills, project management aptitude, and the ability to collaborate effectively with cross-functional and cross-regional teams in a dynamic environment.

Requirements

Bachelor's degree in Finance, Economics, Mathematics, Data Science, or a related field.
1–2 years of experience at an Investment Bank with exposure to market risk and knowledge of trading products.
Proficiency in tools and systems used for data analysis and reporting (e.g., Python, Excel, SQL, or similar).
Strong analytical skills, with the ability to work with large data sets and identify trends or issues.
Strong communication and stakeholder management skills, with the ability to create clear documentation and presentations.
Autonomous and highly motivated with the ability to manage multiple workstreams and work both independently and collaboratively.

Nice To Haves

Exposure to or interest in regulatory capital frameworks (e.g., FRTB) is an asset.
Knowledge of market risk modelling.
Experience with AI tools.
Experience coordinating cross-functional or cross-regional projects.
Familiarity with enterprise-level change programs within a risk management context.

Responsibilities

Support the planning, coordination, and delivery of strategic projects across market risk teams and regions.
Track project milestones, manage dependencies, and escalate risks or blockers to senior stakeholders.
Create clear and concise written communications and presentation materials on project progress for committee meetings, working groups, and senior management.
Draft supporting documentation, including methodology documents, process flow diagrams, and system lineage diagrams.
Contribute to the improvement of Local Market Risk (LMR) infrastructure by identifying opportunities for data standardization and centralization.
Assist in building analytic tools to enhance risk managers' risk assessment capabilities.
Support sensitivities reconciliation efforts across businesses and regions, including analysis of identified breaks and collaboration with stakeholders to resolve issues.
Review existing market risk reports and analyze IT infrastructures to identify opportunities for streamlining.
Assist in developing reporting strategies and contribute to project planning.
Work closely with IT to support the development and refinement of reporting-related processes.
Support efforts to align market risk reporting and infrastructure with broader enterprise initiatives (e.g., Risk Modernization Project).
Act as a liaison between LMR and enterprise-level programs to ensure consistency in approach and minimize duplication of effort.
Collaborate with teams across Group Risk Management (GRM) to share relevant tools, frameworks, and information.

Benefits

competitive compensation
flexible benefits
401(k) program with company-matching contributions
health, dental, vision, life, disability insurance
paid-time off
Leaders who support your development through coaching and managing opportunities.
Ability to make a difference and lasting impact.
Work in a dynamic, collaborative, progressive, and high-performing team.
Opportunities to do challenging work.
Opportunities to build close relationships with clients.