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Manager, Risk Management

Manager, Risk Management

RBCToronto, ON, Canada
4 days ago
Job type
  • Full-time
Job description

Job Summary

Job Description

What is the opportunity?

RBC GAM is the asset management division of the Royal Bank of Canada. The RBC GAM group of companies has more than CAD 650 billion in assets under management with investment teams located across Canada, the U.S., Europe, and Asia. The RBC GAM Risk Management team provides independent oversight of RBC GAM’s investment activities across public and private markets. The risk team is responsible for risk measurement and monitoring, risk policy and governance, providing effective challenge to investment teams, and helping to establish risk appetite. Our stakeholders include RBC GAM clients, investment teams, regulators, and RBC GAM leaders. The successful candidate will be a key contributor to the RBC GAM Risk Management team with responsibilities described in the following sections.

What will you do?

  • Research, design, and develop quantitative risk models and analysis tools
  • Conduct quantitative risk analysis on diverse investment portfolios
  • Develop and support production risk systems, including data infrastructure, analytics, reporting applications
  • Design risk metrics and help set appropriate risk budgets and limits
  • Monitor and communicate risks to investment teams and executives
  • Perform root cause analysis and portfolio diagnostics
  • Conduct firm-level analysis including scenario analysis and stress testing

What do you need to succeed?

Must Have

  • Bachelor’s degree in engineering, physics, mathematics, computer science, or another quantitative field. Advanced degrees are preferred.
  • Demonstrated quantitative and technical skills, with a strong foundation in regression modeling and factor analysis.
  • Proficiency in programming and code-debugging using Python, MATLAB, or other relevant data analysis languages.
  • A strong interest in data analysis, reporting, and visualization, alongside with the ability to interpret complex datasets.
  • Working experience with relational databases such as SQL Server, Oracle, or similar platforms.
  • A keen interest in financial instruments and markets, including equities, fixed income, derivatives, and risk analysis.
  • Attention to detail with strong written and verbal communication skills, enabling articulation of complex quantitative concepts to diverse audiences.

    • Nice To Have

  • An advanced degree (Masters, PhD.) in a quantitative field.
  • Experience or knowledge in finance and risk management including quantitative analysis and risk analytics.
  • Programming experience in both Python and MATLAB for model development and data analysis.
  • Knowledge of the asset management industry.
  • Professional certifications such as CFA, FRM or similar.

    • 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
  • 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

    • Job Skills

    Business Process Design, Critical Thinking, Derivatives, Economic Analysis, Financial Instruments, Fraud Risk Management, Industry Knowledge, Investment Risk Management, Risk Control, 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 : WEALTH MANAGEMENT

    Job Type : Regular

    Pay Type : Salaried

    Posted Date : 2025-02-13

    Application Deadline : 2025-02-28

    Note : Applications will be accepted until 11 : 59 PM on the day prior to the application deadline date above

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