About Company
RBC is a leading global financial institution with a purpose-driven culture, committed to helping clients thrive and communities prosper. With a rich history spanning over 150 years, we stand as one of North America’s largest diversified financial services companies. Our extensive offerings encompass personal and commercial banking, wealth management, insurance, investor services, and capital markets products and services delivered to a diverse client base across the globe. We are consistently recognized for our strong corporate citizenship, unwavering ethical practices, and a pioneering commitment to innovation within the financial sector. At RBC, we believe in empowering our employees to make a tangible difference, fostering a collaborative environment where every individual contributes to building a resilient, sustainable financial ecosystem. Joining RBC means becoming part of a team that values integrity, client focus, accountability, and diversity, driving forward our vision of being the world’s most trusted and successful financial institution.
Job Description
Are you a highly analytical, detail-oriented financial professional eager to make an immediate and tangible impact within a global financial powerhouse? RBC, a leading global financial institution renowned for its comprehensive services and unwavering commitment to client success and community prosperity, is actively seeking a talented and driven Risk Analyst to join our dynamic team in Downtown, Wilmington. This is an exceptional opportunity for a proactive and motivated individual looking to contribute significantly to our robust risk management framework from day one.
As an RBC Risk Analyst, you will immerse yourself in the core of our financial operations, playing a crucial role in safeguarding the bank’s assets, reputation, and long-term stability. Your responsibilities will involve identifying, assessing, and diligently mitigating various financial, operational, and strategic risks across our diverse business segments. You will be instrumental in leveraging cutting-edge analytical techniques, developing sophisticated risk models, and extracting actionable insights from complex datasets to inform critical business decisions. Your contributions will directly support RBC’s strategic objectives, ensuring meticulous compliance with an evolving landscape of regulatory requirements and upholding the utmost integrity of our financial operations.
We are specifically seeking an individual who not only thrives in a fast-paced, intellectually stimulating environment but also possesses a strong foundation in quantitative methodologies, a keen understanding of global financial markets, and expertise in established risk management principles. In this collaborative role, you will work closely with various business units, including our capital markets, wealth management, and corporate banking divisions, providing expert advice, data-driven recommendations, and steadfast support. This position demands a proactive approach to risk identification, an unyielding commitment to continuous improvement, and the ability to articulate complex financial concepts with clarity and precision to diverse internal and external stakeholders. If you are deeply passionate about the intricacies of risk management, eager for an immediate start, and aspire to grow your career within a world-class financial institution, we strongly encourage you to apply and become a vital, immediate contributor to our high-performing Wilmington team.
Key Responsibilities
- Conduct in-depth quantitative and qualitative analysis of market, credit, operational, and reputational risks.
- Develop, validate, and maintain risk models and methodologies to assess potential exposures and inform decision-making.
- Prepare comprehensive risk reports and presentations for senior management, articulating key findings, trends, and strategic recommendations.
- Monitor portfolio performance against established risk limits, regulatory requirements, and internal policies.
- Collaborate actively with various business units to understand their operations, identify emerging risks, and integrate best-in-class risk management practices.
- Stay current with industry trends, evolving regulatory changes, and emerging risk factors across global financial markets.
- Participate in stress testing exercises, scenario analysis, and capital adequacy assessments to ensure resilience.
- Assist in the development, implementation, and continuous enhancement of risk policies, procedures, and controls.
- Provide diligent support for internal control reviews, regulatory audits, and compliance examinations.
Required Skills
- Bachelor's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field.
- 2-4 years of progressive experience in risk management, financial analysis, or a similar analytical role within the financial services industry.
- Strong understanding of financial products, global markets, and core risk management concepts (e.g., Value at Risk, stress testing, scenario analysis).
- Proficiency in data analysis tools and programming languages (e.g., Microsoft Excel for advanced analytics, SQL, Python, R).
- Excellent analytical, problem-solving, and critical thinking skills with an ability to process complex information.
- Exceptional ability to communicate complex technical information effectively and succinctly, both verbally and in writing.
- Demonstrated meticulous attention to detail and unwavering commitment to accuracy.
- Familiarity with key financial regulations and frameworks (e.g., Basel accords, Dodd-Frank, CCAR).
Preferred Qualifications
- Master's degree or higher in a quantitative discipline (e.g., Financial Engineering, Quantitative Finance).
- Possession of professional certifications such as FRM (Financial Risk Manager) or CFA (Chartered Financial Analyst).
- Direct experience with specialized risk management software platforms (e.g., SAS, Bloomberg, Moody's Analytics).
- Previous experience specifically within wealth management or capital markets risk analysis.
- Proven experience presenting complex financial insights and recommendations to senior stakeholders and management.
Perks & Benefits
- Highly competitive salary commensurate with experience and performance-based bonus structures.
- Comprehensive health, dental, and vision insurance plans for you and your family.
- Generous paid time off, including vacation, sick leave, and company holidays.
- Robust 401(k) matching and attractive retirement savings programs to secure your future.
- Extensive opportunities for professional development, continuous learning, and significant career advancement.
- Tuition reimbursement programs for pursuing further education and professional certifications.
- Employee assistance programs and comprehensive wellness initiatives supporting holistic well-being.
- A vibrant, inclusive, and diverse company culture that values collaboration and innovation.
- Access to RBC's extensive global network and substantial corporate resources.
How to Apply
Ready to make an immediate impact at RBC? We encourage you to click the application link below to submit your resume and a compelling cover letter. Please take this opportunity to highlight your relevant experience, showcase your quantitative skills, and articulate why you are the ideal candidate for this pivotal Risk Analyst position with an immediate start. We look forward to reviewing your application.