Associate Director, Counterparty Credit Risk in New York, NY

Job DescriptionRoyal Bank of Canada seeks an Associate Director, Counterparty Credit Risk in New York, NY to oversee preparation of limit & product reviews and monitor utilization against limits globally and monitoring of those exposures against approved limits, including escalation and reporting of exceptions as appropriate. Prepare reporting in a timely and consistent manner to identify and evaluate the major risks of assigned business lines and entities. Recommend the appropriate limits to meet business needs, risk appetite and regulatory requirements. Develop and review complex models when required. Review risk profile on all assigned businesses by actively following business and financial performance through daily monitoring of financial and industry information, regulator events, external events and changes in risk profile. Work closely with the business on the risk aspects at an early stage of any new transaction under consideration and provide direction and guidance as required to ensure the eventual risk profile adequately mitigates key risk concerns. Review transaction and limit requests within in a timely manner. Consider appropriate balance between risk and reward. Requirements: Bachelor’s degree in business administration with concentration in finance, risk management or a related field, plus 10 years of progressively responsible experience utilizing Value-at-Risk measurement and back-testing, stress testing and scenario analysis, sensitivity analysis and p/l decomposition; 10 years of experience with financial and trading products; 10 years of experience with counterparty credit analysis; 10 years of experience with Excel, Python, VBA programming and SQL ; 10 years of experience with data architecture and analysis. The salary for this job is $188,178 per year. This salary 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; and* generates sustainable shareholder returns above market shareholder value.Job SkillsBusiness Data Analysis, Communication, Credit Analysis, Database Queries, Data Visualization, Decision Making, Long Term Planning, Operational Delivery, Quantitative Methods, Risk ManagementAdditional Job DetailsAddress:City:Country:Work hours/week:0Employment Type:Full timePlatform:GROUP RISK MANAGEMENTJob Type:RegularPay Type:SalariedPosted Date:2026-06-18Application Deadline:2026-08-27Note:Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveOur Employment OpportunitiesAt RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.Join our Talent CommunityStay 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.Job SummaryJob number: R-0000177690Date posted : 2026-06-18Profession: Audit | Compliance | Legal | RiskEmployment type: Full time