Analyst/Associate, Market Risk Governance & Reporting

Job Description

What is the Opportunity?

The Analyst/Associate, Market Risk Governance & Reporting will support the Market Risk team at RBC US across governance, reporting, documentation, and control functions. The role involves assisting with the production of weekly market risk capital reports, drafting and maintaining risk policies and procedures, performing data analysis to support control testing and reconciliation processes, and preparing materials for committee meetings and FRB examinations. The individual will gain broad exposure to market risk capital, regulatory governance, stress testing, and FRB supervisory processes at a major international bank. This is a versatile Market Risk role suited to a candidate seeking to build a strong foundation across reporting, governance, and risk management disciplines.

What will you do?

• Support the weekly/monthly market risk reporting and governance process, including data validation, quality checks, break analysis, and production of summary reports for senior management – 25%
• Draft, maintain, and update Market Risk documentation including policies, procedures, process flow descriptions, methodology summaries, and governance framework materials – 20%
• Assist with the preparation of presentations, summary materials, and regulatory response documents for governance committees, senior management, and FRB engagements – 20%
• Perform data analysis and quality assurance to support control testing, reconciliation processes, and risk and control self-assessments (RCSAs) – 15%
• Support the maintenance and operation of governance processes including documentation – 10%
• Monitor regulatory publications and industry developments; maintain trackers of requirements and action items arising from supervisory guidance, internal audits, and regulatory examinations – 10%

What do you need to succeed?

• Bachelor's Degree in Finance, Engineering, Mathematics, Economics, or a quantitative field
• 1–4 years of experience at a bank, consulting firm, or financial institution with exposure to Market Risk, regulatory capital, risk governance, or a risk/control function
• Foundational knowledge of market risk management concepts (Basel III/IV, VaR, sensitivities/Greeks) and regulatory frameworks
• Understanding of financial products (rates, credit, equity, FX, commodities) and basic valuation concepts
• Strong data analysis skills including experience with Python, SQL, and Excel
• Experience with Business Intelligence tools (Tableau, OBI) is an asset
• Strong written and oral communication skills with attention to detail in documentation and presentation materials
• Ability to manage multiple tasks concurrently and deliver under tight deadlines in a production environment
• Autonomous, detail-oriented, and eager to learn in a collaborative team setting

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 $90,000 - $130,000 (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 culture
• Enables collective achievement of our strategic goals
• Generates sustainable shareholder returns and above market shareholder value

Job Skills

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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At 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.

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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.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.