Unknown Company

Director, Model Risk

nj • Posted 5 days ago
Onsite Full Time Finance

  • Design and/or operationalize 1LOD processes and key controls in line with enterprise Model Risk requirements and RBC's Model Risk Transformation
  • Strengthen 1LOD accountability in Model Risk, including increasing awareness of Model Risk-related requirements and roles and responsibilities
  • Lead or monitor key 1LOD control execution and governance activities (e.g., model inventories) and enhance the control environment as applicable
  • Review enterprise requirements and collaborate with key stakeholders to drive or influence policy, standard, and process alignment and simplification across CUSO entities
  • Drive or influence enhanced risk metrics to ensure comprehensive risk coverage and accurate reflection of the Model Risk profile
  • Partner with key stakeholders to shape how generative and agentic AI-related considerations are integrated into RBC's Model Risk management's processes and controls
  • Lead 1LOD risk profile reporting and develop data-driven insights; also support RBC's risk appetite reporting processes, including driving consistent risk narratives where applicable
  • Lead and/or contribute to Working Groups and targeted initiatives
  • Promote the use and integration of Technology tools to increase efficiency and effectiveness
  • Lead and/or coordinate responses to regulatory exams and internal reviews; develop remediation plans as applicable

Requirements

  • 8-10 years of experience in Financial Services
  • At least 3 years dedicated to supporting Model Risk management activities
  • Strong quantitative skills coupled with ability to overlay relevant qualitative considerations to inform risk-based judgment
  • Demonstrated ability to translate complex technical concepts into clear materials or briefings for senior management and/or risk governance
  • Strong analytical and problem-solving skills (including root cause analysis) with keen attention to detail
  • Demonstrated capability to work in a dynamic, fast-paced environment with multiple priorities
  • Demonstrated ability to lead structured and outcomes-oriented meetings
  • Excellent project management and communication skills
  • Preferred: Strong knowledge of quantitative modeling techniques.

Core Competencies

Demonstrates extensive experience in Model Risk management, with strong quantitative and analytical skills to inform risk-based judgments. Capable of leading initiatives, enhancing control environments, and effectively communicating complex concepts to senior management.

Highest-signal resume keywords

  • Model Risk Management
  • Quantitative Skills
  • Analytical Problem-Solving
  • Project Management
  • Communication Skills

ATS Optimization Keywords

Hard Skills

  • Quantitative Modeling Techniques
  • Risk Metrics Development
  • Data-Driven Insights
  • Root Cause Analysis
  • Control Execution
  • Governance Activities
  • Policy Alignment
  • Risk Appetite Reporting
  • 1LOD Processes
  • Model Inventories

Soft Skills

  • Attention to Detail
  • Dynamic Environment Adaptability
  • Structured Meeting Leadership

Industry Keywords

  • Financial Services
  • Model Risk Transformation
  • Regulatory Exams
  • Internal Reviews
  • Risk Governance

Tools & Technologies

  • Technology Tools Integration

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