About the Role
The GRM Market Risk group provides independent and effective monitoring, control, and communications on the nature and extent of all material market risk. The new hire will join as a junior member of the GRM team responsible for oversight of fixed income market risk in New York.
Responsibilities
- Provide risk oversight for fixed income trading businesses.
- Manage the market risk reporting process and ensure accuracy of key risk measurements.
- Develop the risk infrastructure.
- Analyze key trading strategies and products to ensure alignment with RBCCM risk tolerance and objectives.
- Review significant transactions to facilitate business and ensure proper risk controls.
- Collaborate with trading to ensure cohesion on key risk issues: systems, limits, risk management.
- Enhance GRM risk systems, focused on derivatives business lines.
- Investigate risks to provide value-added insight and analysis to senior management.
- Serve as a resource for risk oversight of spread products and structured rates within the fixed income team in RBC market risk NY.
Requirements
- MS/MA, MBA or BS/BA with emphasis in finance, economics or a quantitative discipline.
- Knowledge of financial markets demonstrating interest in the subject matter.
- Strong technology experience, preferably with Python and familiarity with SQL.
- Knowledge of Fixed Income products.
- Ability to handle and prioritize a significant and diverse workload with strong attention to detail.
- Ability to communicate clearly to key relationship contacts.
Skills
- Analytical Thinking
- Communication
- Credit Derivatives
- Decision Making
- Economic Analysis
- Financial Instruments
- Group Problem Solving
- Interest Rate Derivatives
- Market Analysis
- Market Risk
- Python (Programming Language)
- Quantitative Analysis
- Risk Management
- Structured Query Language (SQL)
- Tableau (Software)
Location
- New York, United States of America
Work Type
- Full time
- Salaried
Experience Level
- Junior
Education Level
- MS/MA
- MBA
- BS/BA
Salary/Compensations
- $85,000-$145,000
Benefits
- 401(k) program with company-matching contributions
- Health insurance
- Dental insurance
- Vision insurance
- Life insurance
- Disability insurance
- Paid-time off
About the Company
- At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.
Equal Opportunity
- RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
