Credit Risk Analyst (9 Months Contract)

Participates in the implementation of credit risk management systems and processes to support efforts to minimize credit risk. Applies complete knowledge, skills, and practices to perform assignments.

What is the opportunity?

In this role, you will support RBC's Risk Management infrastructure by managing key limit and agreement data in various trading and risk monitoring systems. This will involve a range of complexity from low-touch automated data to exceedingly complex client and agreement structures for which you will engage multiple groups to investigations and propose mapping solutions. Timely and accurate mapping of client credit data contributes to successful measurement of credit risk exposures and capital requirements within the Counterparty Credit Risk team, as well as and pre-trading pricing, compliance and availability checks performed by the front office traders.

What will you do?

• Conduct timely and thorough investigations around complex client reference data - primarily in relation to OTC derivative clients and their associated credit hierarchies, limit structures, and collateral and netting agreement terms.
• Engage various functions within CCR and across Capital Markets to provide subject matter expertise in support of new or evolving processes or client structures.
• Work with a team of risk managers to carrying out accurate, timely, and efficient management of critical credit limit and trading agreement data to support all trading activities on the RBC Capital Markets and RBC IS platforms. Significant data sets include:
  • 130,000+ counterparty and issuer credit limits in RBC trading limit systems
  • Key collateral and margin agreement information related to over 15,000 derivative agreements in the collateral system
  • Credit and Settlement netting records for all OTC derivative, FX, and Continuously Linked Settlements agreements.
• Conducting efficient analysis of large data sets for ad hoc reporting to management and stakeholders.
• Identifying and escalating system infrastructure issues to appropriate support teams and management as needed and identifying opportunities to improve process efficiencies either through development or the use of other technical tools.

What do you need to succeed?

Must-have

• Undergraduate degree, preferably in Finance or Business
• 2-6 years' experience in a trading environment control function
• Experience in database/data management and analysis
• Strong PC skills, particularly Microsoft office,
• Exceptional writing, communication, and interpersonal skills
• Ability to work in fast paced environment with frequent distractions and changing priorities
• High standards for accuracy and efficiency.

Nice-to-have

• Understanding of credit processes, including limit adjudication and credit mitigation strategies (i.e., collateral, guarantees, etc.)
• Experience working with SQL, VBA, and Python

What's in it for you?

This is an exciting opportunity to immerse yourself in the world of Risk Management. This role will allow you to get involved in the risk management process for all trading products, including OTC derivatives, Futures Clearing, Repo, and Securities Lending, etc. You will also have regular engagement with a variety of functions outside of the Counterparty Credit Risk space, including Trading Documentation Group, Legal, GRM Wholesale Credit Risk, ICCM, IT, and various front office trading desks.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation
• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, and high-performing team
• Opportunities to do challenging work

Job Skills

Business Data Analysis, Communication, Credit Analysis, Critical Thinking, Database Queries, Data Visualization, Decision Making, Quantitative Methods, Risk Management

Additional Job Details

ROYAL BANK PLAZA, 200 BAY ST:TORONTOTORONTOCanada37.5Full timeGROUP RISK MANAGEMENTContract (Fixed Term)Salaried2025-03-062025-03-15

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