Associate Director - Stress Testing Analytics

Job Description

What is the opportunity?

The Associate Director will build credit aggregation engines to execute RBC's Stress Testing programs and develop complex tools to provide sound analytics to senior management. You will work on strategic projects to drive efficiency gains across stress testing and provisioning programs.

You will research and propose sound recommendations, to the team Director and Senior Director, pertaining to the production process and the operating model with internal and external stakeholders.

What will you do

• Develop, document, and implement complex forecasting or decomposition tools used in the ECL production process. Be a strong producer of independent output.
• Deliver quantitatively sound methodologies/results against self-determined timelines given competing priorities/needs
• Conduct data analysis with a strong attention to detail; identify potential errors before they arise
• Present quantitative materials, concisely and accurately, to the team VP
• Identify production and control challenges and conduct independent problem solving to resolve.
• Support Business Review, Model Validation, User-Acceptance Testing, Internal Audit and External Audit or Regulatory Review of Credit Risk Models
• Begin to develop an organizational awareness, creating a network that can be levered for independently solving self-identified problems
• Anticipate, and be able to answer, nearly all substantive questions related to their personal work.

Must-have

• 5+ years of Model Development experience within a financial industry
• Master's Degree in a quantitative discipline (i.e. Statistics, Math, Computer Science and Engineering)
• Predictive Modelling, Statistical Programming. Strong knowledge of SAS, Python, and SQL.
• Familiarity with Retail and Wholesale banking products, with a focus on understanding their structure, risk drivers, and evolution within the banking book.

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 and competitive compensation
• Leaders who support your development through coaching and managing opportunities
• 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:

2025-11-04

Application Deadline:

2025-11-17

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 believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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