The Senior Analyst, Enterprise Model Risk Management will be part of the Group Risk Management (GRM) team. This role involves executing and documenting the validation of the Bank's enterprise-wide credit risk rating systems and methodologies, specifically focusing on Retail and Wholesale credit risk systems, including parameters like Probability of Default (PD), Loss given Default (LGD), and Exposure at Default (EAD) used for regulatory and economic capital. The individual will also develop and implement tools for credit risk system validation and provide robust analyses of risk quantification.
Perform ongoing Wholesale and Retail credit risk systems, acquisition & account management models, and parameter validations, providing insightful analysis.,Execute a wide range of data reconciliations and analyses using various statistical techniques for validation purposes.,Execute and document quantitative and qualitative tests, reviewing the logic and conceptual soundness of credit risk rating systems, acquisition & account management models, parameters, and their inputs, including accuracy, sensitivity, back-testing, and benchmarking.,Develop and enhance approaches tailored to timelines and data availability, utilizing detailed or 80/20 solutions, and quantitative and/or qualitative approaches.,Deliver validation findings and elicit feedback and remediation action plans/solutions from model stakeholders.,Ensure project and risk objectives are accomplished within approved timeframes and comply with regulatory requirements, model risk policy, and model operating standards.
Graduate degree in a quantitative discipline such as computer science/information system, statistics, econometrics, and/or a relevant professional qualification.
Graduate Degree
37.5 hours/week
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.
BerryMap uses cookies to provide essential features, analyze usage, and improve your experience. You can customize your preferences below.