15 Jan
RBC
Toronto
Job Summary
Job Description
What is the opportunity?
Reporting to the Director, Credit & Stress Testing Implementation Assurance, the Associate Director Credit & Stress Testing Implementation Assurance will apply business and technical knowledge to support and provide constructive challenges across the Stress Testing and Credit Analysis and Measurement Team (STCAM).
You will be responsible for ensuring the accuracy and scalability of ECL production process through, providing review and advisory of production source code, execution of post-implementation testing, implementation documentation, and development of continuous assurance solutions.
This role gives the incumbent the opportunity to work across all banking book and exposures in full development/deployment cycles of critical provisioning and stress testing programs.
What will you do?
Enablement of scalable solutions
- Advisory of coding practices to enhance efficiency of production systems.
- Development of scalable testing solutions to increase coverage.
- Use of quantitative methods to diagnose model implementation and impacts.
Source code review
- Review of production models and reporting code for provisioning (IFRS9/CECL) and stress testing programs (MST/CCAR).
Publication of release reports
- Quarterly and annual review and generational of report that highlights all production changes.
What do you need to succeed?
Must Have
- 5+ years related work experience in developing and deploying models and/or reports.
- Experience in data manipulation on large datasets (ingestion, processing, merging and aggregation of data)
- Experience with Python, R, SAS, or MATLAB, and SQL.
- Experience in code management solutions (git)
- Strong interpersonal, communication and presentation skills,
with the ability to articulate and document complex technical problems and control process for non-technical audience.
- Ability to structure workload and manage multiple competing priorities.
- Conceptual thinker with a curious mind to challenge and question the status quo and the ability to make quantitative decisions on ambiguous and complex techniques which will have an impact directly on RBCs financial statements.
Nice to Have
- Knowledge of credit risk methodology, including capital estimation, credit risk/stress testing models will be considered as an asset.
- Prior experience in model development or validation will be considered as an asset.
- Knowledge or prior experience with TTD practice or CICD pipeline would be considered as an asset.
Whats 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 and competitive compensation
- Leaders who support your development through coaching and managing opportunities
- Ability to make a difference and lasting impact
- Flexible work/life balance options
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work
Job Skills
Client Counseling, Communication, Competitive Markets, Critical Thinking, Financial Instruments, Financial Regulation, Long Term Planning, Process 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:
2025-01-14
Application Deadline:
2025-01-19
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities.
Please let us know if you need any accommodations during the recruitment process.
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