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Risk Manager, Enterprise Risk Management

What is the opportunity?
The Enterprise Risk Management group is part of Group Risk Management (GRM) and is responsible for defining and implementing an effective risk framework and governance structure across RBC's European operations, in particular for RBC's main subsidiary RBC Europe Limited (RBCEL)

What will you do?
  • Delivery of Risk appetite and Risk Framework for Wealth Management and Channel Islands
  • Delivery of ICAAP for RBC subsidiaries as necessary
  • Owning and developing Economic Capital methodologies as necessary
  • Developing/enhance stress testing methodologies and Risk appetite limit setting for Capital Markets and Wealth Management.
  • Overseeing the development and production of risk reporting to Wealth Management and Channel Islands Executive committees and the Board and other management reports.
  • Managing and providing training to junior members of the team

What do you need to succeed?

  • A good first degree in a Finance/Economics or other quantitative disciplines
  • Solid risk management experience, ideally in a stress testing , capital management or modelling role
  • Excellent quantitative skills with demonstrable experience of financial modelling
  • Good understanding of concepts pertaining to ICAAPs, RRP and Economic capital

  • Previous experience of developing Economic capital methodology across a range of risk types
  • Programming experience (such as SAS, matlab, R)
  • Understanding of existing and upcoming regulatory framework for bank capital e.g. Basel 3, CRD IV.

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.


About RBC
Royal Bank of Canada is Canada's largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America's leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit .

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Inclusion and Equal Opportunity Employment
RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.

City: City of London
Address: Riverbank House
Work Hours/Week: 35
Work Environment: Office
Employment Type: Permanent
Career Level: Experienced Hire/Professional
Pay Type: Salaried
Required Travel (%): 0-25
Exempt/Non-Exempt: N/A
People Manager: Yes
Application Deadline: 2017-08-18
Req ID: 142666
Posting Notes: [[mfield1]]