Associate Director, Country Risk
City : TORONTO, Ontario, Canada
Category : Audit | Compliance | Legal | Risk
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
Job Description
What is the opportunity?
The Country Risk team produces enterprise-level sovereign, country and subnational risk assessments and generates value-added insights and advice to ensure that country risks within the portfolio are broadly understood, within risk appetite and properly considered across the organization.
The Associate Director is responsible for monitoring, analyzing, recommending and defending of risk ratings for sovereign, country and subnational governments in specified geographies (e.g. countries, provinces and US states). They will also contribute to the development of portfolio insights including deep dive analyses of the potential impact of significant country risks and trends on portfolio credit quality.
What will you do?
- Proactively review sovereign, country and subnational risk assessments annually, and as required, in order to ensure that risk ratings are continuously current
- Maintain a database of geographic risk ratings and early warning indicators for specified geographies in order to analyze and disseminate geographic risk information quickly to key stakeholders
- Participate in the communication of information to stakeholders via in-person briefings and reports published on the Country Risk website
- Conduct research on global economic, geopolitical, societal and other trends
- Maintain relevant risk rating models
- Maintain country control lists (e.g. Restricted and No Business Lists)
- Contribute to country limit setting and limit increase requests
- Contribute to deep dive analyses of the potential impact of significant country risks and trends on portfolio credit quality
What do you need to succeed?
Must-have
- Undergraduate degree in economics, policy, finance, or a related field
- 5+ years of relevant work experience, including complex data analysis
- Working knowledge of world financial markets, international economics and politics, public debt and government fiscal policy
- Strong conceptual thinking and attention to detail; ability to obtain, analyze and interpret complex information from a wide variety of sources, identify critical risk issues, and make and defend recommendations
- Very strong interpersonal skills including demonstrated skills in written and verbal communication
- Proficient in relevant computer applications (Excel, Word, Access, PowerPoint)
Nice-to-have
- Graduate degree in economics, policy, finance, or a related field.
- Work experience in credit analysis or portfolio management
- Familiarity with RBC’s international organization, goals, and business objectives
- CFA, FRM or professional designations
What’s in it for you?
We thrive on the challenge to be our best, thinking progressively 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 including bonuses and flexible benefits
- Leaders who support your development through coaching and managing opportunities
- Ability to make a difference and lasting impact
- Work in an agile, collaborative, progressive, and high-performing team
- The opportunity to interface with executives from many different parts of the organization
Job Summary
Address:
City:
Country:
Work hours/week:
Employment Type:
Platform:
Job Type:
Pay Type:
Posted Date:
Application Deadline:
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.
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.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
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.