Senior Market Risk Analyst - Governance

What is the Opportunity?

RBC is seeking a highly motivated individual to contribute to key initiatives in the Market Risk Regulatory Initiatives team. This role will focus on controls and issues oversight while driving process enhancements across the Market Risk function. The ideal candidate will bring strong programming and analytical skills, keen attention to detail, and the ability to collaborate effectively with cross-functional teams in a dynamic, fast-paced environment. This role requires comfort working under pressure and presenting to senior management.

What will you do?

• Monitor controls and issues across Market Risk function and track remediation efforts.

• Develop Python and SQL based scripts and automation tools to streamline controls and issues oversight, reducing manual effort and improving accuracy.

• Participate in control testing and validation activities, document findings, and support resolution of identified issues.

• Report on the progress of remediation actions and process improvement initiatives to stakeholders.

• Collaborate with Market Risk, Front Office, Finance, Operations, Capital, and IT stakeholders to monitor, identify, escalate, and resolve issues efficiently.

• Assist in designing and implementing new controls and processes to meet enterprise and regulatory requirements.

• Analyze market risk metrics and reports to identify and investigate data anomalies and control exceptions.

• Create clear and concise written communications and presentation materials for governance committees, working groups, and senior management.

• Prepare supporting documentation including process flow diagrams, system lineage documentation, and control testing evidence.

What do you need to succeed?

Basic Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, Data Science, Computer Science, or a related field.

• 1-2 years of experience at an Investment Bank with exposure to Market Risk.

• Knowledge of trading products (equities, fixed income, derivatives) and market structure.

• Proficiency in data analysis and reporting tools (e.g., Python, Excel, SQL, Tableau, or similar platforms).

• Strong analytical skills with ability to work with large datasets, identify trends, and troubleshoot data quality issues.

• Strong written and verbal communication skills, with ability to create clear documentation and executive-ready presentations.

• Autonomous and highly motivated; able to multi-task, manage priorities independently, and collaborate across teams.

• Attention to detail, and able to work effectively under pressure.

• Comfort translating complex regulatory and technical concepts into clear, actionable messages for diverse audiences.

• Good understanding of Governance, Risk, and Compliance framework.

Suggested Qualifications:

• Knowledge of Market & Counterparty Credit Risk, and related regulatory frameworks.

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.

• A comprehensive Total Rewards Program include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.

• Leaders who support your development through coaching and managing opportunities.

• Ability to make a difference and lasting impact.

• Work in a dynamic, collaborative, progressive, and high-performing team.

• Opportunities to do challenging work.

• Opportunities to build close relationships with clients.

The expected salary range for this particular position is $85,000-$145,000 (New York), depending on your experience, skills, and registration status, market conditions and business needs.

You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

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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Job Skills

Additional Job Details

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.