Associate Director, Market Risk Capital (CCAR & FRTB)

Associate Director, Market Risk Capital (CCAR & FRTB) Lead the implementation and execution of Global Market Shock and Internal Market Shock stress testing under CCAR and support FRTB calculation and reporting for the US IHC. Partner with IT on system implementation, UAT testing, and data model enhancements. Establish governance frameworks, covered position identification, and regulatory controls. Develop documentation, prepare committee materials, and monitor regulatory developments to support audits and examinations. Requires 5+ years in investment banking with CCAR stress testing, FRTB or Market Risk, strong Python and SQL skills, and excellent communication. What will you do? Support the implementation and execution of the Global Market Shock (GMS) and Internal Market Shock stress testing processes under CCAR, including scenario application, results validation, and regulatory submissions - 25% Analyze enterprise FRTB build requirements and partner with IT to implement IHC FRTB calculation and reporting capabilities, including performing UAT testing and validation - 20% Establish and maintain FRTB covered position identification, reporting, and governance processes; support the development of the regulatory governance framework including target operating models, roles and responsibilities, and process controls - 15% Assess and enhance the current data model and UI functionalities; build benchmarking tools and support the establishment of “Risk not in SA” processes - 10% Create and maintain documentation including methodology documents, system lineage diagrams, process flows, and other materials required for regulatory compliance - 15% Prepare presentations and materials for committee meetings and FRB engagements; coordinate across functions to establish or enhance controls - 10% Review supervisory guidance and industry developments to identify regulatory requirements and best practices; provide support for risk and control self‑assessments, internal audits, and regulatory examinations - 5% What do you need to succeed? Bachelor's Degree in Finance, Engineering, or a quantitative field 4+ years of experience at an Investment Bank with exposure to CCAR stress testing, FRTB implementation, Capital Management, Regulatory Capital, or Market Risk Strong knowledge of market risk management frameworks (Basel III/IV, FRTB, VaR, sensitivities/Greeks) and stress testing methodologies (GMS/IMS) Understanding of financial products (rates, credit, equity, FX, commodities) and their valuation methodologies Experience with CCAR submission processes and FRB supervisory expectations Strong data analysis skills including experience with Python, SQL, and Excel for analyzing large datasets Experience with Business Intelligence tools (Tableau, OBI) and familiarity with market risk platforms Excellent written and oral communication skills with demonstrated ability to prepare materials for senior management and regulators Ability to translate regulatory requirements into detailed technical specifications and governance frameworks Autonomous, highly motivated, and able to work independently and collaboratively under tight deadlines What's in it for you? A comprehensive Total Rewards Program including 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 $120,000-$200,000 (New Jersey) 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. #J-18808-Ljbffr RBC Capital Markets, LLC