Royal Bank of Canada

Senior Manager GRM Portfolio Risk Oversight

Royal Bank of Canada • $110K — $130K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Strong proficiency in SQL or Python; familiarity with Tableau is a plus.
  • Undergraduate degree in a quantitative discipline (e.g., Statistics, Mathematics, Computer Science).
  • Exceptional analytical and critical thinking abilities.
  • Strong interest in data and finding creative solutions to problems.
  • Ability to communicate complex ideas clearly and concisely.

Responsibilities

  • Leverage data to provide insights on emerging risks and trends in the BFS portfolio.
  • Organize and prepare materials for Portfolio Management Committee meetings.
  • Enhance key risk reporting processes using advanced analytics.
  • Develop credit loss forecasting and stress-testing models.
  • Translate business questions into actionable analytic requirements.
  • Perform impact and sensitivity analysis based on business strategy.
  • Identify vulnerabilities and opportunities using a data-driven approach.

Benefits

  • Comprehensive Total Rewards Program including bonuses and flexible benefits.
  • Leadership support for professional development through coaching.
  • Opportunities to make a significant and lasting impact.
  • Dynamic and collaborative high-performing team environment.
  • Access to a world-class training program in financial services.
  • Flexible work/life balance options.
Full Job Description
Job Description

What is the opportunity?

The GRM Portfolio Risk Oversight, Business Financial Services group provides independent and effective on-site monitoring, control and communication on the nature and extent of material risks impacting the BFS portfolio.

As the Senior Manager, GRM Portfolio Risk Oversight, Business Financial Services you will assist in providing valuable insights to senior leadership on the performance of the BFS portfolio and you will help promote a "Best of Class" risk oversight environment.

What will you do?
  • Leverage portfolio and external data in preparing clear, concise and insightful analysis to senior leadership (in both risk and the business) on top/emerging risks and key trends within the BFS portfolio.
  • Be a point person in assisting with the organization and preparation of materials for quarterly and mid-quarter Portfolio Management Committee meetings between risk and the business.
  • Provide assistance in building out key risk reporting processes. Enhance portfolio reporting through the use of leading edge analytics and statistical tools.
  • Build credit loss forecasting and stressing models to better understand and forecast potential credit losses in the portfolio under various conditions of stress and risk.
  • Translate general business questions into analytic requirements and deliver meaningful insights and recommendations to solve business problems.
  • Use business strategy and growth plans to perform impact and sensitivity analysis on the current portfolio.
  • Balance risk vs. reward, spotting vulnerabilities and opportunities in the portfolio using a data driven approach.


What do you need to succeed?

Must Have
  • Strong proficiency in SQL or Python programming language; other languages considered a benefit (e.g., SAS, R, Matlab, etc.). as well as experience using data visualization technology such as Tableau
  • Completed an undergraduate program with emphasis on a quantitative discipline (Statistics, Mathematics, Computer Science, Engineering, etc.).
  • Exceptional analytical and critical thinking skills with demonstrated ability to develop targeted data-driven insights in support of business objectives
  • A strong interest in data and a desire to hunt for solutions and find creative ways to solve problems
  • The ability to effectively communicate analytically complex ideas into clear and concise insights and presentations.


Nice to Have
  • Some experience working in a credit or market risk function, or as an Analyst or Manager (in Business line, Risk and/or Finance functions) is preferred.
  • Communication: Strong written and oral communications skills to explain complex concepts, influence and build consensus.
  • Independent work: Skills to understand assigned work and then independently execute towards completion with minimal supervision.
  • Networking: Ability to build and utilize internal networks to assist in project completion with emphasis on effective collaboration and consideration of diverse perspectives.


What's in it for you?

  • A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
  • 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
  • A world-class training program in financial services
  • Flexible work/life balance options


Job Skills
Client Counseling, Critical Thinking, Economic Analysis, Financial Derivatives, Financial Instruments, Investment Banking Analysis, Investment Risk Management, Market Risk, Quantitative Methods

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:

2026-08-10

Application Deadline:

2026-08-31
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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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

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