Manager - Stress Testing Analytics

Job Description

What is the opportunity?RBC is hiring a Manager of Stress Testing Analytics. This role will be responsible for the implementation and execution of stress test tools supporting the data generation and aggregation for various internal and regulatory stress testing programs, building analytical tools and reports to provide internal and external stakeholders with insights into how RBC’s balance sheet and key financial ratios perform under  this role and as part of the Enterprise Stress Testing team, there are unique opportunities to gain a birds-eye view into the inner workings of a large financial institution;

learn finance, risk, and treasury concepts; employ data science skills; and learn how novel risks such as geopolitical tensions and climate change impact the Bank.

This is an on-site role with 4 in-office days per week based out of the downtown Toronto office.
What will you do?

Implement and execute tools, processes, and methodologies required for stress test production and analysis of RBC’s exposures and portfolios.

Produce stress testing results and conduct analysis covering the impacts on capital, liquidity, and management action under various stress scenarios.

Analyze data using empirical and statistical techniques to fine-tune financial and risk projections.

Engage cross-functional stakeholders across Finance, Retail Risk, Model Risk, Business Segments, and Corporate Treasury

End-to-end project management, from idea conception, solution design, stakeholder buy-in, implementation and monitoring.

Take ownership of the planning and execution of stress testing activities

What do you need to succeed?
Must-have

University degree in Finance, Accounting, Economics, Risk Management, Engineering, Statistics, Mathematics, or other quantitative field of study.

2+ years of industry experience in financial services (stress testing, corporate treasury, risk management).

Experience developing concise and impactful executive-level reports, presentations, and other deliverables.

Advanced proficiency with Excel, PowerPoint, VBA, Python, SQL

Strong conceptual, analytical, and problem-solving skills.

Strong understanding of banks’ balance sheets, P&L and capital.

Strong ability to communicate, verbally and in writing, complex concepts to a non-technical audience.

Nice-to-have

Proficiency with a range of data tools, such as Tableau, Bloomberg Terminal, etc.

CFA, FRM, CPA, or any finance- or risk-related professional designation/certification.

Exposure to at least one of the following risk methodology areas is an asset: credit, market/trading, structural interest rate, and/or liquidity risk.

What’s in it for you?We thrive on the challenge to be our best, progressive thinking to keep growing and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable

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

A world-class training program in financial services

Flexible work/life balance options

Opportunities to do challenging work

Job Skills
Communication, Competitive Markets, Critical Thinking, Financial Instruments, Financial Regulation, Long Term Planning, Process Management, Quality Management, Quantitative Methods, Risk Management
Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:

TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Final date to receive applications:

Note: Applications will be accepted until 11:59 PM on the day prior to the Final date to receive applications date aboveI
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