Market Risk Analyst

Junior Market Risk AnalystThe GRM Market Risk group provides independent and effective monitoring, control, and communications on the nature and extent of all material market risk and ensures the implementation and compliance with risk management policies and procedures. The new hire will join as a junior member of the GRM team that is responsible for the oversight of equities market risk in New York with primary responsibilities and other key aspects of the job defined in the following sections.Risk Oversight and AnalyticsHelp provide risk oversight for the equity derivatives trading businesses.Aid in the management of the market risk reporting process and ensure the accuracy of key risk measurements.Development of the risk infrastructure.Analyze key trading strategies and products to ensure they are in line with RBCCM risk tolerance and objectives.Review significant transactions to help facilitating business and ensure proper risk controls.Work with trading to ensure a close cohesion on key risk issues: systems, limits, risk management.Risk MeasurementPlay a lead role in enhancing the GRM risk systems, focused on derivatives business lines.Investigate risks to provide value-added insight and analysis to senior management on risk trends and concerns.AnalyticsExamine trends in large sets of data using advanced statistical and econometric techniques to draw conclusions related to limits and approvals.What Do You Need To Succeed?Must-have:MS/MA, MBA or BS/BA with emphasis in finance, economics or a quantitative disciplineKnowledge of financial markets that demonstrates an interest in the subject matterAbility to handle and prioritize a significant and diverse workload, with strong attention to detailAbility to communicate clearly to key relationship contactsPreferred:Strong technology experience ideally with Python and familiarity with SQLKnowledge of equity derivatives productsWhat'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 $85,000-$145,000 (New York), 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 cultureEnables collective achievement of our strategic goalsGenerates sustainable shareholder returns and above market shareholder valueJob SkillsBusiness Performance Management, Client Counseling, Critical Thinking, Economic Analysis, Financial Derivatives, Financial Instruments, Investment Banking Analysis, Investment Management Systems, Investment Performance Measurement, Investment Risk Management, Market Analysis, Market Risk, Performance Management (PM), Risk Management, System ApplicationsAdditional Job DetailsAddress: BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORKCity: New YorkCountry: United States of AmericaWork hours/week: 40Employment Type: Full timePlatform: GROUP RISK MANAGEMENTJob Type: RegularPay Type: Salaried