Royal Bank of Canada

Associate Director, Local Market Risk Toronto (CFG & GE)

Royal Bank of Canada • $100K — $130K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
1 week ago
Job Overview by Ladders

Qualifications

  • Master's degree in finance, risk management, economics or quantitative discipline.
  • 3+ years of experience in a financial corporation, ideally with equity and/or derivatives background.
  • Strong analytical and problem-solving skills, with a meticulous attention to detail.
  • Proficient in Python, SQL, Tableau, and Bloomberg.
  • Ability to work independently while exhibiting curiosity in tackling complex challenges.

Responsibilities

  • Provide market risk oversight for Central Funding and Global Equities, becoming a subject matter expert.
  • Support the management and accuracy of the market risk reporting process.
  • Analyze trading strategies and products to align with RBC's risk tolerance.
  • Act as an expert on designated desks for risk processes and proactive control development.
  • Monitor portfolio and market changes, providing insights to senior management.
  • Review significant transactions to facilitate business while ensuring risk controls.
  • Collaborate with trading teams on key risk issues and enterprise project deliverables.
  • Leverage emerging AI tools to enhance workflows and drive process improvements.

Benefits

  • Comprehensive Total Rewards Program with bonuses and flexible benefits.
  • Leaders who provide support for personal development.
  • Opportunity to make a significant impact within the organization.
  • Flexible work/life balance options.
  • Dynamic, collaborative, and high-performing team environment.
  • Challenging work opportunities available.
Full Job Description
Job Description

What is the opportunity?

As part of the Group Risk Management team, Associate Director at Local Market Risk is responsible for providing independent and effective monitoring, control, and communications on the nature and extent of all material market risk and ensures the implementation and compliance with risk management policies and procedures. The business focus is Central Funding and Global Equities under Capital Markets.

You will partner with stakeholders across trading business, risk management and technology to ensure the implementation of and compliance with market risk policies and procedures.

What will you do?
  • Provide market risk oversight for Central Funding and Global Equities. Become a subject matter expert in designated desks.
  • Support the management of market risk reporting process and ensure accuracy of key risk metrics.
  • Analyze key trading strategies and products to ensure they are in line with RBC's risk tolerance and objectives.
  • Be the go to person on select designated desks including but not limited to: understanding key risks and P&L changes, soundness and completeness of all the Risk processes, be proactive in the risk control framework development
  • Monitor changes in portfolio and market to extract value-added insight for senior management. Highlight key market themes and events that form risk thematic relevancy to your coverage.
  • Review significant transactions to help facilitate businesses while ensuring proper risk controls.
  • Provide effective challenge and analysis to new transactions and emerging risks.
  • Collaborate with trading teams to ensure cohesion on key risk issues: systems, limits, risk management.
  • Collaborate and coordinate among different stakeholders to meet enterprise/business line project deliverables. This will include projects related to capital requirements, risk modernization, as well as on-demand ad-hoc requests from internal partners.
  • Proactively leverage emerging AI tools and technologies to enhance workflows, drive process improvements, and deliver innovative solutions that create measurable value for risk teams and the business partners.


What do you need to succeed?

Must Have
  • Master's degree with an emphasize in finance, risk management, economics or a quantitative discipline.
  • 3+ years in Financial Corporation preferably with Equity and/or Derivatives experience.
  • Strong analytical skills and problem-solving capabilities; attention to details and sensitive to numbers
  • Experience with Python, SQL, Tableau, Bloomberg
  • Independent and Curious: Demonstrates the ability to work autonomously with minimal supervision, coupled with a natural curiosity and eagerness to explore and solve complex problems.


Nice to Have
  • Practical experience with AI tools
  • Strong written and verbal communication skills
  • Ability to prioritize in a fast moving environment


What's in it for you?

  • A comprehensive Total Rewards Program including bonuses and flexible benefits and competitive compensation
  • Leaders who support your development through coaching and managing opportunities
  • Ability to make a difference and lasting impact
  • Flexible work/life balance options
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Opportunities to do challenging work


Job Skills
Business, Capital Markets, Financial Derivatives, Market Risk Analysis, Python (Programming Language), RiskMetrics

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST: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:

2026-07-08

Application Deadline:

2026-07-29
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

About Royal Bank of Canada

Royal Bank of Canada Careers

Join the dynamic team at Royal Bank of Canada (RBC), a global leader in financial services and a company committed to excellence and innovation. At RBC, we offer a wide range of job opportunities that empower professionals to shape their career paths with leadership, diversity training, and continuous growth.

Work You’ll Do

At Royal Bank of Canada, we are not just hiring; we are building a culture of innovation and leadership. Our team members are at the forefront of the financial industry, driving transformation and delivering targeted solutions that meet the evolving needs of our clients and communities.

Explore Job Opportunities and Employment at RBC

Whether you are starting your career or looking to take it to the next level, RBC offers positions that challenge your skills and fuel your ambition. From entry-level positions to leadership roles, our job opportunities span across various functions and regions. Join us and be part of a team that values professional growth and diversity.

Internship and Professional Development

Kickstart your career with an internship at Royal Bank of Canada. Our internships provide invaluable hands-on experience, networking opportunities, and insights into the financial services industry. Interns at RBC gain the skills necessary to excel and are often considered for full-time positions within the company.

Benefits and Culture

At RBC, we prioritize the well-being and satisfaction of our employees. Our benefits package is designed to support our team members at every stage of their life and career. RBC’s culture is built on a foundation of respect, integrity, and responsibility, fostering an environment where everyone can thrive.

Career Growth and Innovation

We believe in nurturing the potential of our employees through continuous learning and career development programs. At RBC, you will find endless opportunities to grow professionally through on-the-job experiences, formal training programs, and leadership development initiatives. Our commitment to innovation means we are constantly seeking out new ideas and perspectives, making RBC a perfect place for those who aim to lead and innovate.

Diversity and Inclusion

Diversity is our strength. At Royal Bank of Canada, we are committed to building an inclusive workplace where every employee feels valued and respected. Our diversity training programs are designed to educate and inspire, creating a more inclusive and equitable workplace.

Join Our Team

Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. Start your journey with RBC today and be part of a world-class team known for its commitment to client service, community involvement, and innovation.

Stay Connected

Keep up to date with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here at Royal Bank of Canada.

Job Alert Emails

Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities awaiting you at RBC. Explore the possibilities with Royal Bank of Canada, where your future is filled with potential and the path to success is paved with countless opportunities for professional and personal growth. Join us and shape not just your career but the future of the financial industry.
Learn more about Royal Bank of Canada
Size
86,007 employees
Market Cap
$130.3 billion
Industry
Finance & Insurance
5 Year Trend
+8.7%
NASDAQ
RY
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at Royal Bank of Canada

More Finance & Insurance Jobs

Find similar Associate Director, Local Market Risk Toronto (CFG & GE) jobs:

NationwideToronto, ON