Group Risk Management within RBC is on a journey to transform the way we work. We recognize that in order to maintain our position as a global leader in Risk Management, we need to evolve beyond our comfort zone and to unlock the full potential of our people. That’s where the US GRM Rotational Program comes in.

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We’re offering a 2-year program that spans across rotations within US Group Risk Management which include Credit Risk, Liquidity Risk, Market Risk, Operational Risk, Counterparty Credit Risk, Group Risk Analytics and Enterprise Risk teams.   You will be given an opportunity to work in various fluid, highly skilled teams, helping us solve big problems and understand the opportunities and issues.  You will have access to world class experts in finance and risk management.  You will be immersed in a fast paced, forward-thinking environment in the US operations of Canada’s top financial institution with a 150+ year track record of success.  

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What will you do?

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The US GRM Rotational Program is unique in that you will get to rotate among several US Group Risk Management functions, working across multiple programs and disciplines that require very divergent skills. We’re looking for candidates that have a strong quantitative skillset, communicate well and are able to work through complex and ambiguous challenges. You need to be a self-driven and hyper engaged individual with unique skill sets that’s willing to learn finance and risk management from world class teams in a fast paced and challenging environment.

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Your responsibilities may include:

• Aid in the management/development of risk reporting processes and ensure the accuracy of key risk measures
• Work with complicated financial models used in GRM’s stress testing processes
• Participate in specialized strategic projects
• Create/maintain concise and well thought out reports for senior leadership
• Monitor global economic and political events for new trends and developments and contributing to team analyses and publications.
• Foster an environment of engagement by participating in internal/external RBC or Group Risk Management events

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What do you need to succeed?

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• Undergraduate or Graduate degree/combination of experience that demonstrates mastery of finance, math, computer science, financial engineering, modeling or complex problem solving
• Leadership acumen and a passion to apply it in a dynamic business environment
• Creative and analytical thinker who is self-driven and capable of working in a fast paced environment
• Passion for finance, banking, and risk management
• Excellent interpersonal and highly developed communication skills (verbal and written)
• Programming proficiency (VBA, MATLAB, Mathematica, SQL, Python, etc.)
• Working knowledge of Microsoft Office applications (Outlook, Excel, Word, PowerPoint)

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What’s in it for you?

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• Exposure to challenging work and opportunities to be showcased to leadership
• Develop fundamental knowledge of risk management, and risk governance
• Gain a broad understanding of how the bank operates, including the role of our business segments and functional units, and how the bank may be exposed to emerging trends within the industry
• Access to leaders who support your development through coaching and learning opportunities
• Work in a dynamic, collaborative, progressive and high performing team
• Ability to make a difference and lasting impact
• A comprehensive Total Rewards Program including base salary, bonus and benefits

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The good faith expected salary range for the above position is $95,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. 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

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Application Process:

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Please submit your cover letter, resume, and academic transcripts. We thank all interested candidates; however, only those selected for an interview will be contacted.

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