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Senior Market Risk Analyst

Senior Market Risk Analyst

Royal Bank of CanadaNew York, NY, United States
4 days ago
Job type
  • Full-time
Job description

Job Description

What is the Opportunity?

RBC is seeking a highly motivated individual to contribute to key initiatives in Market Risk Reporting and Infrastructure Enhancement. This role will focus on standardizing market risk reporting framework, ensuring alignment with enterprise objectives, and supporting the enhancement of Local Market Risk (LMR) reporting and IT infrastructure. The ideal candidate will bring strong programming and analytical skills, a keen attention to detail, and the ability to collaborate effectively with cross-functional teams in a dynamic environment.

What will you do?

  • Contribute to the improvement of LMR infrastructure by identifying opportunities for data standardization and centralization
  • Assist in building analytic tools to enhance risk managers' risk assessment capabilities
  • Build FRTB sensitivities reconciliation to cover businesses across regions, including analysis of identified breaks and collaboration with stakeholders to resolve issues
  • Assist in developing reporting strategies and contribute to project planning
  • Review existing market risk reports and analyze IT infrastructures to identify opportunities for streamlining and implement changes to the reporting processes.
  • Work closely with IT to support the development and refinement of reporting-related processes
  • Create clear and concise written communications and presentation materials on project progresses for committee meetings, working groups, and senior management
  • Draft supporting documentation, including methodology documents, process flow diagrams, and system lineage diagrams
  • Support efforts to align market risk reporting processes with broader enterprise initiatives (e.g., Risk Modernization Project)
  • Collaborate with teams across Group Risk Management (GRM) to share relevant tools and information with the LMR team

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 tools)
  • Strong analytical skills, with the ability to work with large data sets and identify trends or issues.
  • Strong communication skills, with the ability to create clear documentation and presentations.
  • Autonomous & highly motivated with ability to multi-task productively and work independently and collaboratively
  • Understanding of Fundamental Review of the Trading Book (FRTB)
  • Knowledge of Market Risk modelling preferred
  • What's in it for you?

    We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

  • 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 $80,000-$135,000 (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 : 2025-10-28

    Application Deadline :

    2025-12-31

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

    I nclusion and Equal Opportunity Employment

    At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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    Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

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    Senior Risk Analyst • New York, NY, United States

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