Royal Bank of Canada

Senior Market Risk Analyst

Royal Bank of Canada$85K — $145K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics, Mathematics, Data Science, or related field.
  • 1-2 years of experience in an Investment Bank with market risk exposure.
  • Proficiency in data analysis and reporting tools (e.g., Python, Excel, SQL).
  • Strong analytical skills for working with large data sets.
  • Excellent communication and stakeholder management skills.
  • Motivated self-starter with the ability to manage multiple projects.
  • Exposure to or interest in regulatory capital frameworks (e.g., FRTB).

Responsibilities

  • Support planning and delivery of strategic projects across market risk teams.
  • Track project milestones and manage dependencies; escalate risks to stakeholders.
  • Create documentation and materials for committee meetings and senior management.
  • Contribute to improving Local Market Risk infrastructure with data standardization.
  • Assist in building analytics tools for risk assessment.
  • Support reconciliation efforts across businesses and regions.
  • Review existing market risk reports to identify streamlining opportunities.

Benefits

  • Comprehensive Total Rewards Program including flexible benefits.
  • Support for professional development from leaders.
  • Opportunity to make a significant impact in the organization.
  • Inclusive and dynamic team environment.
  • Challenging work opportunities and career growth.
  • Close client relationship-building opportunities.
Full Job Description
Job Description

What is the Opportunity?

RBC is seeking a highly motivated individual to contribute to strategic initiatives across Market Risk teams, spanning reporting standardization, infrastructure enhancement, and enterprise-wide project delivery. This role will support the coordination and execution of projects across multiple market risk teams and regions, ensuring alignment with enterprise objectives. The ideal candidate will bring strong programming and analytical skills, project management aptitude, and the ability to collaborate effectively with cross-functional and cross-regional teams in a dynamic environment.

What will you do?

Strategic Project Management:
  • Support the planning, coordination, and delivery of strategic projects across market risk teams and regions.
  • Track project milestones, manage dependencies, and escalate risks or blockers to senior stakeholders.
  • Create clear and concise written communications and presentation materials on project progress for committee meetings, working groups, and senior management.
  • Draft supporting documentation, including methodology documents, process flow diagrams, and system lineage diagrams.


Market Risk Infrastructure Support:
  • Contribute to the improvement of Local Market Risk (LMR) infrastructure by identifying opportunities for data standardization and centralization.
  • Assist in building analytic tools to enhance risk managers' risk assessment capabilities.
  • Support sensitivities reconciliation efforts across businesses and regions, including analysis of identified breaks and collaboration with stakeholders to resolve issues.


Market Risk Report Standardization:
  • Review existing market risk reports and analyze IT infrastructures to identify opportunities for streamlining.
  • Assist in developing reporting strategies and contribute to project planning.
  • Work closely with IT to support the development and refinement of reporting-related processes.


Enterprise/Strategic Infrastructure Alignment:
  • Support efforts to align market risk reporting and infrastructure with broader enterprise initiatives (e.g., Risk Modernization Project).
  • Act as a liaison between LMR and enterprise-level programs to ensure consistency in approach and minimize duplication of effort.
  • Collaborate with teams across Group Risk Management (GRM) to share relevant tools, frameworks, and information.


What do you need to succeed?
  • Bachelor's degree in Finance, Economics, Mathematics, Data Science, or a related field.
  • 1-2 years of experience at an Investment Bank with exposure to market risk and knowledge of trading products.
  • Proficiency in tools and systems used for data analysis and reporting (e.g., Python, Excel, SQL, or similar).
  • Strong analytical skills, with the ability to work with large data sets and identify trends or issues.
  • Strong communication and stakeholder management skills, with the ability to create clear documentation and presentations.
  • Autonomous and highly motivated with the ability to manage multiple workstreams and work both independently and collaboratively.
  • Exposure to or interest in regulatory capital frameworks (e.g., FRTB) is an asset.


Suggested Qualifications:
  • Knowledge of market risk modelling.
  • Experience with AI tools.
  • Experience coordinating cross-functional or cross-regional projects.
  • Familiarity with enterprise-level change programs within a risk management context.


What's in it for you?

  • A comprehensive Total Rewards Program include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
  • 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.
  • Opportunities to do challenging work.
  • Opportunities to build close relationships with clients.


The expected salary range for this particular position is $85,000-$145,000 (New York), depending on your experience, skills, and registration status, market conditions and business needs.

You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:
  • Drives RBC's high-performance culture
  • Enables collective achievement of our strategic goals
  • Generates sustainable shareholder returns and above market shareholder value


#LI - POST

Job Skills
Analytical Skills (Inactive), Data Science, Financial Risk Management (FRM), Fundamental Review of Trading Book (FRTB), GitHub, Market Risk, Microsoft SQL Server, Position Reconciliation, Python (Programming Language), Python for Data Analysis, Python Numpy, Quantitative Methods, Reporting Processes, Risk Analytics, Risk Control, Risk Models, Risk Reporting, SQL Database Queries, Statistics, Structured Query Language (SQL), System Applications, Tableau Desktop, Tableau Server, Teamwork

Additional Job Details

Address:

BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK

City:

New York

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-06-09

Application Deadline:

2026-09-05
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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