Associate Director, Fixed Income Market Risk

RBC Capital Markets, LLC
401(k)
United States, New York, New York
Feb 13, 2025
Job Summary Job Description What is the Opportunity? Provide independent and effective monitoring, control, and communications of market risk across RBC's Global Spread Products business, which includes Loan and HY Bond Trading, Distressed Credit, and CLO Trading. This individual will partner with stakeholders across the business, risk management and technology to ensure market risk is well captured and understood. What will you do? Provide market risk oversight for RBC's Global Spread Products business and develop subject matter expertise in designated desks. Support the management of market risk reporting process and ensure accuracy of key risk measurements. Analyze key trading strategies and products to ensure they are in line with RBC risk tolerance and objectives. Implement changes and improvements to the risk processes as required by new strategies and regulations. Monitor changes in portfolio and market to extract value-added insight for senior management. Review significant transactions to help facilitate business and ensure proper risk controls. Play a lead role in enhancing the GRM on desk risk systems Drive strategic and tactical projects forward that may involve Python Collaborate with trading teams to ensure cohesion on key risk issues: systems, limits, risk management What do you need to succeed? 5+ years of experiences in market risk, preferably with exposure to credit products Master's or Bachelor's degree in Finance, Economics, or a related quantitative field Strong communication and presentation skills Detail-oriented and action-oriented individual who continually strives for improvement 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 including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable 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 good-faith expected salary range for the above position is $110,000 - $190,000 (New York) depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs.This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan. 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 #LI - Hybrid #LI - POST Job Skills Decision Making, Financial Instruments, Group Problem Solving, Market Risk, Performance Management (PM), Resource Coordination, Risk Management, Waterfall Model Additional Job Details Address: BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK City: New York Country: United States of America Work hours/week: 40 Employment Type: Full time Platform: GROUP RISK MANAGEMENT Job Type: Regular Pay Type: Salaried Posted Date: 2025-02-12 Application Deadline: 2025-04-30 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Inclusion and Equal Opportunity Employment At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities. We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process. Join our Talent Community Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.