Manager, Counterparty Credit Risk

What is the opportunity?

As Manager, under the guidance of the Director, Counterparty Credit Risk Exposure and Monitoring, you are responsible for monitoring, analysis and reporting of credit & settlement risk exposures in a timely and accurate fashion for a number or product types including foreign exchange & derivatives settlements, trading inventory, cash security pre-settlement risk & other trading products.

As Manager, you will also assist with streamlining and automating the team’s oversight processes and monitoring. This would include development and coding efforts required to mechanize reporting streams and monitoring and adjudication tools for new and existing product categories.

What will you do? 

• Pro-actively investigate risks to provide clear and comprehensive analysis to senior management on risk trends and concerns

• Analyze key trading strategies and products to ensure they are in line with risk tolerance and objectives

• Aid in the review and recommendation for approval of specific/significant transactions to help facilitate business while ensuring proper risk controls

• Investigate, document and appropriately report/escalate credit limit excesses as per internal policies inclusive of Conduct Risk

• Work with trading and other key business contacts to ensure mutual understanding of credit risk metrics, processes, and limits

• Develop tools to investigate and appropriately report/escalate credit limit excesses and exposure concerns

• Develop, Code and generate tools that will enable the team to review periodic and ad-hoc credit risk reporting in a timely and accurate fashion.  These tools will enable the team to readily identify, investigate and summarize notable risk trends that are to inevitably escalated (as appropriate) to management

 

What will you need to succeed?

Must Have

• 1-2 years of experience at a financial institution in a quantitative Risk Control function such as market or credit risk, with an understanding of capital markets trading products and related credit risk concepts

• Master’s degree in a relevant subject such as Finance, Economics, or other quantitative discipline

• Good command and hands on experience with Excel, Python, VBA programming, SQL or equivalent programming languages

• Strong analytical and problem-solving skills

• Solid verbal and written communication skills

• Proven organizational skills, with the ability to meet strict deadlines

 

Nice to Have

• FRM, PRMIA, or CFA

What's in it for you?

• A Total Rewards program that includes flexible benefits, work/life balance and career development programs and investment and retirement savings plans

• Competitive pay and high-earning potential

• All the tools, training, and team support you need to grow your career

• Study program for pursuing the actuarial credential

Job Skills

Business Data Analysis, Communication, Credit Analysis, Critical Thinking, Database Queries, Data Visualization, Decision Making, Quantitative Methods, Risk Management

Additional Job Details

ROYAL BANK PLAZA, 200 BAY ST:TORONTOTorontoCanada37.5Full timeGROUP RISK MANAGEMENTRegularSalaried2026-07-202026-08-03

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

Our Employment Opportunities

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.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.