Associate Director, Global Risk Analytics – RBC, Toronto, ON
Location: Toronto, ON | Company: RBC
RBC is hiring a full-time Associate Director, Global Risk Analytics in Toronto, Ontario, within Group Risk Management. This quantitative risk role focuses on developing, implementing and monitoring methodologies used to measure market risk and counterparty credit risk across trading activities and selected investment portfolios.
Based at Royal Bank Plaza at 200 Bay Street in Toronto, the position combines quantitative modelling, programming, methodology governance and collaboration with risk and technology teams. The role also involves presenting analytical proposals and their impacts to senior management for review and approval.
About the Global Risk Analytics Role
The Associate Director works within RBC’s Global Risk Analytics Market Risk Analytics team, which supports the measurement of market risk across the bank’s trading business and selected investment portfolios. The team is responsible for methodology design, prototype implementation, performance monitoring and ongoing maintenance.
The position also contributes to market data and scenario services used by risk systems. This requires a strong understanding of quantitative finance as well as the ability to translate analytical concepts into practical methodologies that can be implemented across enterprise risk and technology environments.
Key Areas of Responsibility
The role combines quantitative research, model implementation and cross-functional project work across multiple asset classes and market risk frameworks.
Market Risk Methodologies
Develop and maintain methodologies used to measure market risk and counterparty credit risk across fixed income, derivatives, equities and foreign exchange portfolios.
Risk Model Implementation
Build prototype implementations and support the transition of approved methodologies into production risk and technology environments.
Performance Monitoring
Monitor analytical methodologies over time and identify areas where models or calculations may require maintenance, refinement or further investigation.
VaR and Stress Analytics
Work with measures such as Value at Risk, stressed VaR and stress profit-and-loss calculations as part of broader market risk analysis.
Technology Collaboration
Partner with local and enterprise market risk teams, Risk IT and Enterprise IT to deliver end-to-end solutions for quantitative risk initiatives.
Senior Management Presentations
Present methodology proposals and analytical impacts to senior management committees for approval, discussion or information sharing.
Education and Quantitative Experience
RBC requires at least two years of professional experience in quantitative analytics, including areas such as derivative pricing, market risk models or counterparty credit risk models. The position requires a master’s degree in Finance, Engineering, Statistics, Mathematics, Physics or an equivalent discipline.
A PhD in Finance, Engineering, Applied Sciences or Economics is considered an additional asset. Candidates should also have strong programming experience with Python, C++, C# and SQL, reflecting the technical and model-development responsibilities of the role.
Skills That May Help Candidates Succeed
This position requires advanced quantitative capability together with careful communication and collaboration. Candidates must be able to work with complex financial models while explaining methodology and analytical impacts to both technical and senior business audiences.
Strong mathematical and statistical skills support the design, testing and monitoring of market risk and counterparty credit risk methodologies.
Experience with Python, C++, C# and SQL enables candidates to build analytical prototypes, process data and support model implementation.
Understanding financial instruments and risk measurement frameworks helps connect quantitative methodologies with real-world trading and portfolio exposures.
Strong analytical judgement is important when evaluating model behaviour, interpreting results and identifying potential methodology improvements.
Clear written and verbal communication is essential when documenting methodologies and presenting analytical findings to senior stakeholders.
Professional Environment and Role Expectations
The Associate Director will work with teams involved in market risk, technology and enterprise risk implementation. Collaboration is a central part of the role because methodology decisions must be coordinated across analytical, governance and technology functions.
RBC is looking for candidates who are self-motivated, attentive to detail and interested in continuous learning. The position is a regular full-time salaried role with 37.5 work hours per week and is based within Group Risk Management.
How to Apply
Candidates interested in the Associate Director, Global Risk Analytics position in Toronto can submit an application through RBC’s official careers website. The published application deadline is August 25, 2026.
Applicants should make sure their resume clearly highlights relevant quantitative analytics experience, market or counterparty credit risk modelling, advanced education and programming skills in Python, C++, C# and SQL.