Associate Director Valuations Methodology

Job Description

What is the opportunity?

The incumbent's main responsibilities will revolve around Model Risk Management work (~75%). The candidate will be required to assume some responsibilities within BAU processes such as calculation of IPV, VA and Fair Value Disclosures. Regulatory pressures around model risk management processes have necessitated increased responsibilities for the Valuation Team including documentation of existing processes and methodologies coordinating assessments and reviews with model validation teams.

What will you do?

• Work alongside Valuations Team, reporting to Director in Valuations Methodology
• Initially focus on structured rates products and understand the existing processes.
• Run the existing processes (for IPV and Valuation Adjustment Calculation) to better understand the model / excel / python interactions and then document existing processes using prescribed templates from model vetting team (Enterprise Model Risk Management Team).
• Existing processes can be either excel or python based.
• Transform Excel workflows into Python.
• Carry out model limitations monitoring processes.
• Play active role in addressing model imitations / model performance tracking workflow. Document and enhance the process, initially for Structured Rates, but eventually this needs to be rolled out to all asset classes.
• Develop model performance tracking metrics for model management
• Design and develop testing for newly IPV valuations models created models
• Face Enterprise Model Risk Management Team on their questions and queries.
• Track and monitor model management tasks for senior management KPI / KRI. Provide regular update for existing and new models.

What do you need to succeed?

Must Haves:

• 5+ years' experience in a similar role
• A post secondary degree in accounting, finance, business administration or related degree
• Attention to detail
• Superior communication skills

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

Commercial Acumen, Financial Regulation, Financial Services Applications, Financial Statement Analysis, Information Capture, Investment Banking Analysis, Investment Reporting, Investments Analysis, Management Process, Mergers and Acquisitions (M&A), Model Risk

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

OFFICE OF THE CFO

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-03-02

Application Deadline:

2026-04-24

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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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.