Job Description What is the opportunity? As part of the Group Risk Management team, the Manager, Credit Risk Measurement will develop and maintain credit risk related models, implement stress testing components and participate in risk management analytics and processes to minimize credit risk. This role is ideal for candidates with strong quantitative backgrounds, programming expertise in SAS and Python, and experience in financial data analytics and credit products. What will you do? Develops and maintains tools used for the implementation and execution of credit risk models. These models are used in the measurement of Expected Credit Loss (ECL), Provision for Credit Losses, and RWA for internal and regulatory stress testing. Execute the production of stress testing projections for internal and regulatory filings. Identify ECL production challenges and conducts independent problem solving to resolve proficiently. Support ad-hoc stress testing and analytical request. Communicate results and analyses to management and key stakeholders. What do you need to succeed? Must Have: Experience with SAS & Python programming Experience with data analytics Knowledge of credit products in the financial industry Post-graduate degree with quantitative background, such as mathematics, statistics, economics, etc. Nice-to-Have: Familiarity with statistical modelling of credit products Experience with IFRS 9 or stress testing programs in the financial industry Master/Ph.D. degree FRM/CFA designation What is in it for you? We thrive on the challenge to be our best, progressive thinking, to keep growing, and working together to build and deliver trusted reporting to help our stakeholders succeed 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 including bonuses and flexible benefits, competitive compensation Ability to make a difference and lasting impact Work in a dynamic, collaborative, progressive, and high-performing team Opportunities to take on progressively greater accountabilities Job Skills Analytics, Collaborating, Credit Risk Modeling, Data Analytics, Python (Programming Language), Risk Analytics, Risk Management, SAS, Statistical Analysis, Statistical Models, Stress Testing Additional Job Details Address: RBC CENTRE, 155 WELLINGTON ST W:TORONTO City: Toronto Country: Canada Work hours/week: 37.5 Employment Type: Full time Platform: GROUP RISK MANAGEMENT Job Type: Regular Pay Type: Salaried Posted Date: 2025-10-10 Application Deadline: 2025-10-24 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Inclusion and Equal Opportunity Employment At 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. Join our Talent Community Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com. Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.
