
Senior Analyst - Model Risk Governance
- Toronto, ON
- Permanent
- Temps-plein
- Assist the team in managing the group’s model validation pipeline, focusing on proactive management of business priorities, compliance dates, and regulatory requirements.
- Manage the centralized model inventory for RBC Enterprise-wide models across business segments, ensuring it is up to date and model information is accurate and complete (Capital Markets, Personal & Consumer Banking, Insurance, Treasury & Investor Services, Corporate Support, and Anti-Money Laundering).
- Review model information, remap the model characteristics and relationships as directed by changing business needs.
- Articulate RBC Model Risk Policy and Model Operating Standards to business units, and identify areas where the practice is not meeting the policy.
- Learn how models are used to support RBC Enterprise-wide banking and trading business needs.
- Build inter-personal relationships across model risk management related stakeholders
- Hold a university degree (preferably in a financial and/or related discipline)
- 3+ years’ professional experience
- Ability to execute with urgency while maintaining quality and efficiency; flexibility to adapt to shifting priorities and urgent deadlines
- Outstanding analytical and organizational skills with an attention to detail; tenacity to identify the root cause of problems is essential and capability to function with a high degree of autonomy, but effectively seek guidance when issues are of relative criticality, strategic importance or have an enterprise impact
- Strong verbal and written communication skills and proven interpersonal skills and Expert MS Word, Excel and PowerPoint user
- Strong knowledge of Model risk guidelines; the Federal Reserve 11-7 and OSFI’s E-23
- FRM or PRM certification
- 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