Senior Risk Analyst

Come Work with Us!

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title

Senior Risk Analyst

Job Description

What is the opportunity?

The C&C Senior Risk Analyst will be part of RBC Clearing & Custody, a fast-growing business channel. This role will interact with C&C firms, along with internal personnel, on key financial risk items related to the C&C business. This role will work closely with C&C Risk Manager, as well as with Senior C&C Management.

What will you do?

• Review daily risk reports, identify issues of concern, and resolve and/or escalate accordingly
• Review financial statements and Focus reports for existing firms and identify trends, variances, etc.
• Utilize applicable monitoring tools for the review of proprietary trading by C&C client firms
• Monitor C&C Market Access Rule (MAR) and ACT trading limits proactively escalating limit breach concerns to interested parties as appropriate
• Work closely with C&C firms, along with internal C&C staff, on understanding new and/or proposed C&C firm activities and associated risks
• Document new firm risk profiles, including firm snapshot and anticipated trading activities, which are used to incorporate risk limits for C&C Risk review process
• Function as a liaison during new firm conversion process for new C&C firms with respects to risk limits and risk set-up process
• Escalate risk concerns and limit increases appropriately, as defined within the delegation of authority matrix
• Other project work, analysis assignments and duties as assigned

What do you need to succeed?

Must-have

• Risk Management experience in a Broker-Dealer or Financial Services firm
• Ability to work and communicate with all levels of management, as well as with C&C firms
• Ability to work independently and under pressure, all while adhering to deadlines and tight schedules
• Ability to influence others and convey difficult messages in a clear and concise manner
• Excellent oral and written communication skills

Nice-to-have

• Series 7 and/or other advance licenses
• Risk Management / Credit / Operations Background
• Ability to adapt to an ever changing, fast paced environment

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 including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• 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
• Flexible work/life balance options
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities
• Access to a variety of job opportunities across business

Job Summary

• The Risk Analyst is responsible for reviewing, monitoring, and reporting financial risk associated with the Clearing & Custody business channel.• This position will work closely with Risk Management personnel to analyze, understand, quantify and minimize financial risk to the business.

Address:

Minneapolis, Minnesota, United States of America

City:

USA-MN-MINNEAPOLIS

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

Wealth Management

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2023-06-09

Application Deadline:

2023-07-31

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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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 rbc.com/careers.