Market Risk Model Innovation Director

Lead market risk model design at RBC in Toronto, Canada. The Associate Director will drive innovation and ensure effective implementation of risk assessment methodologies while collaborating with key stakeholders.
As an Associate Director, you'll conduct in-depth research, adapt risk management frameworks, and assess model performance to enhance efficiency. The role emphasizes collaboration with technology and risk partners and proper documentation processes to validate models. You will also develop tools to monitor market risk and counterparty credit risk methodologies.
Key Responsibilities:
• Conduct research to evaluate best modeling practices
• Develop and integrate risk model libraries into enterprise architecture
• Collaborate with partners to implement risk methodologies
• Document methodologies and testing results for internal validation
• Recalibrate and maintain existing market risk models
Requirements:
• 2+ years in market risk or counterparty cred...