What is the opportunity?

As part of the Group Risk Management team (GRM), the Senior Manager, GRM Portfolio Risk Oversight, Business Financial Services, will assist in providing valuable insights to senior leadership on the performance of the BFS portfolio and help promote a “Best of Class” risk oversight environment.

What will you do?

• Leverage portfolio and external data in preparing clear, concise and insightful analysis to senior leadership (in both risk and the business) on top/emerging risks and key trends within the BFS portfolio.
• Be a point person in assisting with the organization and preparation of materials for quarterly and mid-quarter Portfolio Management Committee meetings between risk and the business.
• Provide assistance in building out key risk reporting processes. Enhance portfolio reporting through the use of leading edge analytics and statistical tools.
• Build credit loss forecasting and stressing models to better understand and forecast potential credit losses in the portfolio under various conditions of stress and risk.
• Translate general business questions into analytic requirements and deliver meaningful insights and recommendations to solve business problems.
• Use business strategy and growth plans to perform impact and sensitivity analysis on the current portfolio.
• Balance risk vs. reward, spotting vulnerabilities and opportunities in the portfolio using a data driven approach.

What do you need to succeed?

• Strong proficiency in SQL or Python programming language; other languages considered a benefit (e.g., SAS, R, Matlab, etc.). as well as experience using data visualization technology such as Tableau.
• Completed an undergraduate program with emphasis on a quantitative discipline (Statistics, Mathematics, Computer Science, Engineering, etc.).
• Exceptional analytical and critical thinking skills with demonstrated ability to develop targeted data-driven insights in support of business objectives.
• A strong interest in data and a desire to hunt for solutions and find creative ways to solve problems.
• The ability to effectively communicate analytically complex ideas into clear and concise insights and presentations.

Nice to Have

• Some experience working in a credit or market risk function, or as an Analyst or Manager (in Business line, Risk and/or Finance functions) is preferred.
• Communication: Strong written and oral communications skills to explain complex concepts, influence and build consensus.
• Independent work: Skills to understand assigned work and then independently execute towards completion with minimal supervision.
• Networking: Ability to build and utilize internal networks to assist in project completion with emphasis on effective collaboration and consideration of diverse perspectives.

What is in it for you?

We thrive on the challenge to be our best, progressive thinking, to keep growing, and working together to build and deliver trusted reporting to help our stakeholders succeed 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
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to take on progressively greater accountabilities

Job Skills

Client Counseling, Critical Thinking, Derivatives, Economic Analysis, Financial Instruments, Investment Banking Analysis, Investment Risk Management, Market Risk, Quantitative Methods

Additional Job Details

RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTOTORONTOCanada37.5Full timeGROUP RISK MANAGEMENTRegularSalaried2025-04-302025-05-10

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.