Associate Director - Counterparty Credit Risk, Royal Bank of Canada (US), New York, NY:
Description
The Associate Director - Counterparty Credit Risk is responsible for preparing, improving, and overseeing risk reporting to identify and evaluate major business and entity risks, ensuring alignment with RBC's risk tolerance. The role involves continuous review and analysis of trading strategies and products, implementing changes for new strategies/products and regulations, and ensuring accurate calculation, tracking, reporting, and escalation of credit risk exposures for Global Central Funding Group (CFG) security finance business. The position also requires coordinating model changes, designing risk presentations for senior management, monitoring portfolio and market changes for insights, analyzing trends in structured asset collateral portfolios, and reviewing significant transactions to facilitate business while maintaining proper risk controls.
What We're Looking For
Prepare, improve, and oversee risk reporting.,Continuously review and analyze key trading strategies and products.,Implement changes and improvements to risk processes.,Accountable for ensuring credit risk exposures are correctly calculated, tracked, reported, and escalated.,Coordinate the approval and implementation of model changes for securitized products.,Design and prepare risk presentations for senior management.,Monitor changes in portfolio and market to extract value-added insight.,Analyze key trends in risk and exposure in Structured asset collateral portfolio.,Review significant and bespoke transactions.,Must have a Master's degree in Financial Engineering, Finance, Mathematics, Business Administration, or a related field and 3 years of related work experience.,3 years of experience in: Credit, market or counterparty credit risk. Stress testing and scenario analysis. Python and SQL.,2 years of experience in: Value-at-Risk measurement and back-testing. Pricing, liquidity, market structure of Fixed Income products such as Treasury bonds, corporate bonds, municipal bonds, AT1 Bonds. Pricing and liquidity expertise in Structured Asset Collateral such as ABS, CLO, RMBS, CMBS, whole loan. Financial pricing services such as Intex and Polypath. Risk factors, macro economics factors affecting price of fixed income assets. Pricing of fixed income securities to assess their VaR/Stress. Bloomberg.
Ideal Candidate
Master's degree in Financial Engineering, Finance, Mathematics, Business Administration, or a related field.
Minimum Education
Master's Degree
Hard Skills
Soft Skills
Work Hours
40 hours/week, Monday – Friday
Benefits
Special Commitments
International travel required up to 5%, Domestic travel required up to 5%.
About the Company
Royal Bank of Canada
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. As Canada's largest bank, it provides personal and commercial banking, wealth management, and capital markets services to over 17 million clients worldwide.
We respect your privacy
BerryMap uses cookies to provide essential features, analyze usage, and improve your experience. You can customize your preferences below.