Director - Securitization Analytics

What is the opportunity?

Securitization Analytics sits at the nexus of credit risk management and the securitization financing business, with a global mandate to enhance the franchise's methodology and modeling across deal structuring, credit risk, and monitoring.

We are seeking a Director with strong modeling skills, sound analytical judgment, and securitization experience. You will lead the development of complex models and robust methodologies, collaborate as a strategic partner with front office and credit risk colleagues, and serve as a senior resource for ABS securitization expertise.

This role offers the opportunity to shape modeling standards and contribute directly to deal execution and credit risk assessment across various structured finance asset classes, including digital infrastructure, renewable energy, transportation, consumer credit, real estate, and structured fund finance. If you are seeking a dynamic, collaborative environment where you will play an instrumental role in building a strong risk platform and driving growth, then this may be the role for you.

What will you do?

• Research, develop and implement financial models, in close partnership with the trading desk, to value and assess risk of structured products across traditional and non-traditional asset classes.
• Develop internal rating methodologies with input from internal stakeholders and write risk criteria papers that document model assumptions and analytical framework. Manage criteria & model validation process and remediate findings.
• Monitor emerging industry trends, evaluate credit risk drivers, and communicate market developments with risk managers and the business. Incorporate research to improve calibration and performance of models and criteria.
• Redesign processes to improve how credit risk is managed, measured and monitored across the bank's exposures.
• Analyze business activities and credit risk of investments on the organization. Ensure compliance with credit risk management policies and procedures, limits, and guidelines.
• Direct the work of junior team members. Provide constructive coaching and mentoring to support talent development and ensure timely execution of team goals.

What do you need to succeed?

• Degree in a quantitative field such as mathematics, finance, engineering, computer science, physics.
• 8+ years in an analytical, modeling or quantitative role within financial services or consulting.
• Experience in securitization across multiple asset classes, preferably in esoteric / non-traditional (e.g., aviation, container, data center, NNN, solar lease). Knowledge of traditional ABS/RMBS is also valuable.
• Advanced Excel skills. Knowledge of a programming language is helpful.
• Self-starter who can work independently and collaborate well in teams. Multi-tasker who can manage competing priorities and drive results.
• Ability to discern insights from data/model output and tell the story behind the numbers.
• Interpersonal skills and strong communicator who can explain analytical and technical concepts to internal and external stakeholders. Ability to write with clarity.

What would make you stand out?

• CFA, FRM, or Graduate degree in a relevant field.
• Credit experience in an adjudication, research, rating, underwriting or similar role.
• CRE, CMBS, or corporate/infrastructure experience.
• Strong programming abilities (Python, R, VBA, or similar).
• Experience with data analysis and data preparation/management.

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 $160,000-$260,000, 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

Job Skills

Additional Job Details

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 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.