Full Time Collateralized Loan Obligation Jobs (NOW HIRING)

• Associate Director in Global Risk Management Group, Royal Bank of Canada (US), New York, NY:

  Prepare and oversee risk reporting to identify and evaluate major business risks, ensuring alignment with RBC risk tolerance and objectives. Ensure accurate calculation, tracking, and reporting of credit risk and collateral exposures for the Global Central Funding Group (CFG) Security Finance businesses. Continuously review trading strategies and products to maintain compliance with risk standards. Monitor portfolio changes daily and communicate any abnormal risks or new strategies to senior management. Provide oversight for counterparty credit risk related to structured asset collateral and develop expertise in designated asset classes. Design and present risk assessments of high-risk portfolios to senior management as needed. Analyze trends in risk and exposure within the structured asset collateral portfolio and facilitate management approval for outside limits requests. Enhance the Global Risk Management-Counterparty Credit Risk platform through coding and data visualization improvements. Coach and guide junior team members in their daily activities and project management.

  Telecommuting permitted up to 1 day per week.

  #LI-DNI

  Full time employment, Monday - Friday, 40 hours per week, $188,178.00 per year.

  MINIMUM REQUIREMENTS:

  Must have a Bachelor's degree in Financial Engineering, Science, Mathematics, Statistics or a related field and 4 years of work experience in a credit, market, or counterparty credit risk role.

  Must have 4 years of experience in:

  * Value at Risk (VaR) and stress testing methodologies, using macroeconomic and specific factors affecting asset prices.

  * Python programming for financial modeling and data analysis.

  * Credit or market Limit calibration.

  * Value-at-Risk measurement and back-testing.

  * Stress testing and scenario analysis.

  * Sensitivity analysis and profit/loss decomposition.

  Must have 2 years of experience in:

  * Pricing fixed income securities, Repo/Reverse Repo, assessing their risk factors, including VaR and stress testing.

  * SQL programming, Tableau, Bloomberg, Intex, and Polypath for data analysis and visualization.

  Must have 1 years of experience in Pricing and market analysis of: Commercial Mortgage-Backed Security (CMBS), Asset-Backed Security (ABS), Residential Mortgage-Back Security (RMBS), Collateralized Loan Obligation (CLO), Whole-Loan, Agency Whole-Loan, and fixed income securities, including equities and their risk factors.

  International travel required up to 5%. Domestic travel required up to 5%.

  The base salary for this job is $188,178.00 per year. This salary does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

  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

  TO APPLY: Please click "Apply Now" Button

Job Skills

Business Data Analysis, Credit Analysis, Critical Thinking, Database Queries, Data Visualization, Decision Making, Long Term Planning, Operational Delivery, Quantitative Methods, Risk Management

Additional Job Details

0Full timeGROUP RISK MANAGEMENTRegularSalaried2026-07-152026-09-23

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.

Employment Type: FULL_TIME