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

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.

  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

  TO APPLY: Please click “Apply Now” Button

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