Job Description

What is the opportunity?

As part of the Group Risk Management team, the Associate Director, Credit Risk Measurement will lead the implementation of stress testing components and oversee risk management analytics within credit risk. This role requires a strategic thinker with extensive, in-depth knowledge, skills, and experience to manage complex assignments and drive impactful results. The successful candidate will play a key role in shaping the team’s approach to credit risk measurement and stress testing, ensuring alignment with internal and regulatory requirements.

What will you do?

Lead the development, enhancement, and maintenance of tools used for the implementation and execution of credit risk models, including those used for Expected Credit Loss (ECL), Provision for Credit Losses, and Risk-Weighted Assets (RWA) calculations.Oversee the production and delivery of stress testing projections for both internal and regulatory filings, ensuring accuracy and compliance with requirements.Identify and resolve challenges in ECL production processes, leveraging advanced problem-solving skills and technical expertise.Provide leadership and guidance for ad-hoc stress testing and analytical requests, ensuring timely and high-quality deliverables.Communicate results, insights, and recommendations to senior management and key stakeholders, influencing decision-making and driving strategic outcomes.

What do you need to succeed?

Must Have:

2+ years of experience related to stress testing programs in the financial industry, 5+ years quantitative analytical experience.Advanced experience with SAS and Python programming.Strong expertise in data analytics and quantitative problem-solving.In-depth knowledge of modeling and credit products in the financial industry.University degree in a quantitative discipline such as mathematics, statistics, economics, or a related field.

Nice-to-Have:

Strong interpersonal and organizational skills with ability to manage multiple projects simultaneously.Advanced academic qualifications (e.g., Master, Ph.D. degree).Professional designations such as FRM (Financial Risk Manager) or CFA (Chartered Financial Analyst).

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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, Competitive Markets, Critical Thinking, Financial Instruments, Financial Regulation, Investment Risk Management, Long Term Planning, Quantitative Methods, Risk Management

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-01-29

Application Deadline:

2026-02-14

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.

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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.