Associate Director - Market Risk
RBC — New York, New York, United States of America
Posted 2026-08-13
Job Description What is the opportunity? The Market & Counterparty Credit Risk (MCCR) group is responsible for defining and implementing an effective risk framework and governance structure for RBC & its subsidiaries and the combined U.S. operations of RBC. RBC is seeking a strong candidate to join its MCCR team, specifically for Comprehensive Capital Analysis and Review (CCAR) Market Shock and other regulatory compliance. In particular, the incumbent’s core responsibilities are to contribute to the governance and successful execution of the CCAR Global Market Shock (GMS) / Internal Market Shock (IMS) components (Counterparty Default Loss, CVA, Trading MtM and IDR). What will you do? Execute the build-out of GMS stress testing capabilities for the US IHC, including scenario application, loss calculation, and results production, with deep involvement in the underlying technical implementation Design, develop, and maintain data feeds and data pipelines supporting the GMS stress testing process, including sourcing, transformation, validation, and reconciliation of inputs across asset classes Identify and implement infrastructure enhancements to the GMS calculation environment, includi