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2023 GRM, Fall Risk Analyst (4 Months)

Home / 2023 GRM, Fall Risk Analyst (4 Months)

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City : TORONTO, Ontario, Canada

Category : Customer Service | Client Advice | Sales

Industry : Financial/Banking

Employer : RBC

Come Work with Us!

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title

2023 GRM, Fall Risk Analyst (4 Months)

Job Description

  • Provide independent risk analysis to recommend close-out loan-to-value request on vanilla products, such as common stock, ETF, bond and fund.
  • Review results with designated risk manager prior to seeking approval from management as required and communicating results back to the business
  • Responsible for production of margin lending and security lending risk capture and reporting processes and ensure the accuracy of results.
  • Provide support to security lending and potentially XVA teams as required.
  • Review the existing reports and processes, and identify systematic issues/gaps/inefficiencies and propose solutions
  • Implement automation and improvements under the guidance of senior risk manager, and update procedure documentation accordingly

Job Summary

Reporting to the Associate Director, Counterparty Credit Risk - Portfolio Analysis (CCRPA) group, the incumbent is mainly responsible for performing risk reporting processes to produce daily/weekly and other ad-hoc reports in margin lending, security lending and portfolio analysis. Additionally, the candidate will provide analyses on margin lending requests and recommendations on loan to value ratios against marketable securities in support of Wealth Management and Canadian Private Banking. Finally, the candidate will provide support in the automation and improvement of existing processes and reporting under the guidance of senior risk managers.

Address:

TORONTO, Ontario, Canada

City:

CAN-ON-TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

Group Risk Management

Job Type:

Student/Coop (Fixed Term)

Pay Type:

Salaried

Posted Date:

2023-05-18

Application Deadline:

2023-06-18

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
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We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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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 rbc.com/careers.

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