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    1. Home
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    3. Investment Banking & Asset Management
    4. Graduate Risk Analyst (Counterparty Credit Risk) 2022
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    Come Work with Us!

    At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

    Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

    What is the opportunity?

    You will be joining the Counterparty Credit Risk (CCR) team in London, with the Group Risk Management function of the Royal Bank of Canada. You will be part of a dynamic team with presence in London, Toronto, New York, Singapore and Sydney.

    The CCR London team is responsible for monitoring, analysing, credit-sizing and reporting on counterparty credit risk exposures stemming from the European trading activity within RBC Capital Markets, RBC Investor & Treasury Services and RBC Wealth Management in Channel Islands.

    You will be assisting in the management and oversight of counterparty credit risk across a wide range of products, including but not limited to Derivatives (Interest Rate and FX), Money Markets and Futures (Client Clearing).

    What will you do?

    • Assisting in the management, credit-sizing and oversight of counterparty credit risk across a wide range of products, including but not limited to Derivatives (Interest Rate and FX), Money Markets and Futures.
    • Assisting in the management and oversight of settlement risk in the Capital Markets and I&TS platform
    • Investigating and escalating as required any excesses on authorized credit and settlement risk limits on a daily basis to key stakeholders across the business and Group Risk Management.
    • Interact with a wide variety of stakeholders in the global Capital Markets and I&TS platform in interpreting counterparty credit risk exposures and trends (both at a counterparty and portfolio level). Key stakeholders include individuals and management from Sales and Trading, Legal, Operations, Relationship Managers and other GRM partners across our global footprint.
    • Providing timely support to key stakeholders to facilitate trade request which fall outside of authorized limits and/or standing orders or other queries related to counterparty credit risk. To that end, you will be required to answer the Counterparty Credit Risk, London hotline provided to sales and trading staff at RBC.
    • Assist in the escalation to Sales, Trading and GRM of any failed settlements related to inbound collateral or payments expected upon notification from Operations.
    • Assist in the escalation of any IT issues impacting the counterparty credit risk management of RBC in a timely manner to ensure quick resolution. This includes, but not limited to, impacts to exposure monitoring, excess management and credit

    What do you need to succeed?

    Must-have

    • Undergraduate or Master’s Degree in a technical discipline (such as Math, Finance, Economics or other quantitative discipline).
    • Experience with Python or other object-oriented programming language.
    • Strong communication skills (verbal and written) and thrives in working as a team.
    • Highly self-motivated and driven to learn multiple trading products and understand the full work flow of the Capital Markets business.
    • Strong desire to work in a fast-paced environment and build on existing capability of prioritizing multiple requests/deliverables.

    Nice-to-have

    • Demonstrated interest in risk management, such as enrollment or successful completion of the FRM designation.
    • Understanding of Capital Markets trading products and related credit risk concepts (TTL, PFE, MTM, ETCs, etc.).
    • Experience in a functional area of an investment bank.

    What is 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 including bonuses, flexible benefits and competitive compensation
    • Leaders who support your development through coaching and managing opportunities
    • Opportunities to work with the best in the field
    • Ability to make a difference and lasting impact
    • Work in a dynamic, collaborative, progressive, and high-performing team
    • A world-class training program in financial services
    • Flexible working options fully supported.