Associate Director

Job Description

What is the Opportunity?

As Associate Director, GRM Wealth Management (WM) Investment Risk Management, you will play a pivotal role in RBC's Second Line of Defense, overseeing the development of tools to identify, assess, and monitor risks across RBC Wealth Management's fiduciary investment activities. The tools you develop will help ensure that risks are managed in alignment with RBC's risk appetite, regulatory standards, and fiduciary obligations, safeguarding client interests and supporting the long-term sustainability of the business.

What will you do?

• Develop tools to identify, monitor, and assess portfolio risks (e.g., market, credit, liquidity, concentration, leverage, etc) using quantitative and qualitative metrics.

• Help with independent oversight and challenge to the first line of defense, ensuring adherence to risk limits and regulatory requirements.

• Develop tools for stress testing and scenario analysis to evaluate portfolio performance under adverse market conditions.

• Develop tools to aid risk management practices align with fiduciary obligations and regulatory standards.

• Prepare and present risk reports to senior management and risk committees, providing actionable insights.

What do you need to succeed?

Must-have:

• 5+ years of Full-stack software development experience with the candidate being comfortable with development work on both back-end databases and front-end UI

• Undergraduate or master's degree in software or computer engineering or computer science

• Fluency with multiple programming, database, and analytic environments – for e.g. Python, Snowflake, Excel, SQL, & Tableau

• Excellent leadership, communication, and project management skills

• Ability to drive multiple complex development projects in parallel and deliver high-quality results under tight deadlines.

Nice-to-have:

• Experience in investment risk management, including market, credit, and liquidity risks.

• Graduate degree or professional designation (e.g., CFA, FRM, PRM) in finance, mathematics, economics, or risk management.

• Proficiency in risk metrics, stress testing, scenario analysis, and portfolio risk evaluation.

• Experience in wealth management, discretionary portfolio management, asset management or other fiduciary investment activities.

• Proven ability to navigate complex regulatory environments and drive effective risk management practices.

• Strong analytical skills and familiarity with advanced risk modeling tools and methodologies.

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 include competitive compensation and flexible benefits.

• 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.

• Opportunities to do challenging work.

• Opportunities to build close relationships with clients.

You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

• Drives RBC's high-performance culture

• Enables collective achievement of our strategic goals

• Generates sustainable shareholder returns and above market shareholder value

#LI – POST

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

I nclusion 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.

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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.