Senior Market Risk Analyst

Job Description

What is the Opportunity?

RBC is seeking a highly motivated individual to contribute to strategic initiatives across Market Risk teams, spanning reporting standardization, infrastructure enhancement, and enterprise-wide project delivery. This role will support the coordination and execution of projects across multiple market risk teams and regions, ensuring alignment with enterprise objectives. The ideal candidate will bring strong programming and analytical skills, project management aptitude, and the ability to collaborate effectively with cross-functional and cross-regional teams in a dynamic environment.

What will you do?

Strategic Project Management:

• Support the planning, coordination, and delivery of strategic projects across market risk teams and regions.

• Track project milestones, manage dependencies, and escalate risks or blockers to senior stakeholders.

• Create clear and concise written communications and presentation materials on project progress for committee meetings, working groups, and senior management.

• Draft supporting documentation, including methodology documents, process flow diagrams, and system lineage diagrams.

Market Risk Infrastructure Support:

• Contribute to the improvement of Local Market Risk (LMR) infrastructure by identifying opportunities for data standardization and centralization.

• Assist in building analytic tools to enhance risk managers' risk assessment capabilities.

• Support sensitivities reconciliation efforts across businesses and regions, including analysis of identified breaks and collaboration with stakeholders to resolve issues.

Market Risk Report Standardization:

• Review existing market risk reports and analyze IT infrastructures to identify opportunities for streamlining.

• Assist in developing reporting strategies and contribute to project planning.

• Work closely with IT to support the development and refinement of reporting-related processes.

Enterprise/Strategic Infrastructure Alignment:

• Support efforts to align market risk reporting and infrastructure with broader enterprise initiatives (e.g., Risk Modernization Project).

• Act as a liaison between LMR and enterprise-level programs to ensure consistency in approach and minimize duplication of effort.

• Collaborate with teams across Group Risk Management (GRM) to share relevant tools, frameworks, and information.

What do you need to succeed?

• Bachelor's degree in Finance, Economics, Mathematics, Data Science, or a related field.

• 1–2 years of experience at an Investment Bank with exposure to market risk and knowledge of trading products.

• Proficiency in tools and systems used for data analysis and reporting (e.g., Python, Excel, SQL, or similar).

• Strong analytical skills, with the ability to work with large data sets and identify trends or issues.

• Strong communication and stakeholder management skills, with the ability to create clear documentation and presentations.

• Autonomous and highly motivated with the ability to manage multiple workstreams and work both independently and collaboratively.

• Exposure to or interest in regulatory capital frameworks (e.g., FRTB) is an asset.

Suggested Qualifications:

• Knowledge of market risk modelling.

• Experience with AI tools.

• Experience coordinating cross-functional or cross-regional projects.

• Familiarity with enterprise-level change programs within a risk management context.

What’s in it for you?

We thrive on the challenge to be our best, progressive thinking 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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.

• Leaders who support your development through coaching and managing opportunities.

• Ability to make a difference and lasting impact.

• Work in a dynamic, collaborative, progressive, and high-performing team.

• Opportunities to do challenging work.

• Opportunities to build close relationships with clients.

The expected salary range for this particular position is $85,000-$145,000 (New York), depending on your experience, skills, and registration status, market conditions and business needs.

You have the potential to earn more through RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

• Drives RBC’s high-performance culture

• Enables collective achievement of our strategic goals

• Generates sustainable shareholder returns and above market shareholder value

#LI – POST

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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.

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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.