Associate Director, Counterparty Credit Risk Models, Global Risk Analytics

Job Description What is the opportunity? As part of the Group Risk Management team, the Associate Director, Counterparty Credit Risk Models is responsible for the conceptual design, development, and ongoing maintenance of the mathematical models used for the measurement and capitalization of the counterparty credit risk of RBC's derivative and SFT portfolio. This includes ensuring that the model's underlying methodologies are appropriate and that they are implemented with integrity, to facilitate the effective management of the bank's CCR. What will you do? Work with model users to understand their business requirements. Conduct research, review regulatory requirements and consult with industry stakeholders to evaluate best practices for modeling.…