Royal Bank of Canada

Associate Director, RBC Capital Markets, LLC, Jersey City, NJ:

Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree in Quantitative Finance, Financial Mathematics, or related field
  • 2 years of experience in quantitative finance, risk, and modeling
  • Proficiency in Python, specifically with NumPy and Pandas
  • Experience using SQL for data management
  • Familiarity with VBA for Excel and PowerPoint automation
  • Knowledge of financial products including fixed income securities, equities, and derivatives
  • Understanding of CCAR processes and Market Risk methodologies

Responsibilities

  • Analyze credit and market risk exposure
  • Recommend strategies to limit organizational risk
  • Support GRM Technology delivery for CCAR/DFAST
  • Automate CCAR models and related processes
  • Manage documentation and development for GRM technology
  • Facilitate reconciliation between Finance and Risk
  • Deliver enhancements for Finance reporting

Benefits

  • 401(k) program with company-matching contributions
  • Health, dental, vision, life, and disability insurance
  • Generous paid time-off plan
  • Flexible telecommuting options up to 1 day per week
Full Job Description
Job Description

  • Associate Director, RBC Capital Markets, LLC, Jersey City, NJ:
    Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of the organization. Make recommendations to limit risk. Support all aspects of GRM Technology delivery for CCAR/DFAST, including requirements gathering, documentation, development, and testing. Automation of CCAR models such as CVA models, RWA, Operational Risk, and Market Risk. Supporting BAU activities for CCAR delivery. Implementing in house CCAR solutions, including edit checks, 14M processes, and Q&A aggregation and reporting. Support all aspects of GRM Technology delivery for CMLLC Finance reporting, including requirements, documentation, development, and testing. Support GRM Technology delivery across other GRM, Finance, CNB, and BG projects, including requirements gathering, documentation, development, and testing related to reconciliation between Finance and Risk, Finance projections (including support costs, top side adjustments, and tax), CCR reporting, and RBC Bank EUC automations.
    Telecommuting permitted up to 1 day per week.
    #LI-DNI
    Full time employment, Monday - Friday, 40 hours per week, $127,358.00 per year.
    MINIMUM REQUIREMENTS:
    Master's degree in Quantitative Finance, Financial Mathematics, or a related field and 2 years of related work experience.
    Must have 2 years of experience in:
    * Quantitative finance, including risk and modeling;
    * Using Python including NumPy and Pandas libraries for data cleaning, aggregation, transformation, and reporting;
    * Using SQL to extract, transform, and store data, and to generate datasets for reporting in conjunction with Python;
    * Using VBA to automate Excel and PowerPoint, including generating tables, applying formatting, and creating charts;
    * Financial products, including fixed income securities, equities, and derivatives;
    * Comprehensive Capital and Analysis Review (CCAR) processes, including periodic reporting across Available-for-sale (AFS) and Held-to-maturity (HTM) portfolios; and
    * Market Risk methodologies (Simplified Supervisory Formula Approach (SSFA), Credit Transition Calculator (CTC), Value-at-risk (VaR) and SVaR), and Operational Risk.
    The base salary for this job is $127,358.00 per year. This salary does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.
    TO APPLY: Please click "Apply Now" Button


Job Skills
Business Continuity and Disaster Recovery (BCDR), Cyber Security Management, Firewall Management, Information Security Auditing, Information Security Operation Center (ISOC), IT Network Security, Operational Delivery, Problem Management, Process Management, Threat Management

Additional Job Details

Address:

City:

Country:

Work hours/week:

0

Employment Type:

Full time

Platform:

TECHNOLOGY AND OPERATIONS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-08-25

Application Deadline:

2026-11-03
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.

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Learn more about Royal Bank of Canada
Size
86,007 employees
Market Cap
$130.3 billion
Industry
5 Year Trend
+8.7%
NASDAQ

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