Manager Enterprise Model Risk Management

Job Description

Job Description What is your opportunity? You will work closely with model stakeholders to vet and validate mathematical/statistical insurance models used by RBC. You will also act as a trusted advisor and effective challenger to model developers and users on all matters pertaining to risk modeling requirements. What will you do? Perform effective challenge of model inputs, methodology, and implementation. Independently build replication/benchmarking models Engage model builders and related function groups personnel as necessary to proactively assess, document, and independently validate mathematical/statistical insurance and banking models and their usage by the bank. Acquire and maintain a thorough understanding of the flow and context of model usage by the business. Ensure that model users adhere to RBC model risk policy What do you need to succeed? Must-have Graduate degree in a quantitative discipline such as physics, mathematics, computer science, statistics, data science, finance or financial engineering. Strong academic and research background may also count towards work experience. At least 2 years of work experience in mathematical/statistical modeling in a similar or related role such as a model developer/validator, a front office quant, a risk quant, or a risk manager. Ph.D. research can count as experience. Proficient in model development in Python, Moody’s AXIS, or other programing languages. Broad exposure to and excellent knowledge of a wide range of financial models and model validation/testing techniques. Exceptional analytical, statistical, computational and critical thinking skills What’s in it for you? We thrive on the challenge to be our best, thinking progressively 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 and flexible benefits Leaders who support your development through coaching and managing opportunities Ability to make a difference and lasting impact Work in an agile, collaborative, progressive, and high-performing team The opportunity to interface with executives from many different parts of the organization Job Skills Actuarial Modeling, Business Analytics, Credit Analysis, Financial Regulation, Internal Auditing, Investment Risk Management, Predictive Analytics, Risk Management, Standard Operating Procedure (SOP), Statistical Analysis Additional Job Details Address: 180 WELLINGTON ST W:TORONTO City: Toronto Country: Canada Work hours/week: 37.5 Employment Type: Full time Platform: GROUP RISK MANAGEMENT Job Type: Regular Pay Type: Salaried Posted Date: 2026-04-22 Application Deadline: 2026-05-09 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 sha

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