ML Engineer, Agentic AI Risk & Compliance, GFT
Worldwide
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Job Description
What is the opportunity?
As an Associate Director, Enterprise Model Risk Management (EMRM) in our Group Risk Management (GRM) team, you will execute and document validations of the Bank’s enterprise-wide credit risk rating systems and methodologies, with focus on Wholesale and Retail credit risk systems, including acquisition & account management models, as well as Wholesale, Retail, and Margin Lending AIRB parameters (Probability of Default (“PD”), Loss given Default (“LGD”) and Exposure at Default (“EAD”)) used in both regulatory and economic capital. You will develop and implement tools and methodologies required to underpin credit risk systems and parameters validation, and provide insightful robust analyses of credit risk systems, acquisition & account management models and risk quantification validations.
What will you do?
Perform ongoing Wholesale and Retail credit risk systems including acquisition & account management models as well as parameters validations and provide insightful analysis of validation results
Perform a wide range of data reconciliations and analyses, e.g. organizing, interpreting and analyzing data using various statistical techniques catered for validation purposes
Execute and document appropriate quantitative and qualitative tests, review of the logic and conceptual soundness of credit risk rating systems, acquisition & account management models, as well as parameters and their inputs, accuracy, sensitivity, back testing, benchmarking etc.
Develop and enhance approaches tailored to timelines and data availability, utilizing detailed or 80/20 solutions, and quantitative and/or qualitative approaches, as appropriate
Deliver validation findings and elicit feedback and remediation action plans / solutions from model stakeholders
Ensure project and risk objectives are accomplished within approved timeframes and complied with regulatory requirements, model risk policy and model operating standards
What do you need to succeed?
Must-have
Model development or model validation experience, preferably related to credit risk models used within the financial services industry. A strong understanding of credit risk modeling theories, principles and industry best practices.
Strong conceptual, analytical, detailed oriented and problem-solving skills
Strong computer skills – Python, SAS, SQL and Excel required; similar open-source programming languages (i.e. R, or Scala, PySpark) and code sharing solutions (Github) are essential
Solid understand various data system structures/processes and how they affect the inputs and outputs of credit risk data. Comfortable working with large data sets
Experience with artificial intelligence / machine learning modeling techniques as well as logistic regression modeling techniques; experience with Python modules used in training deep learning models (e.g. torch).
Effective presentation and communication skills, with strong written capabilities essential. Strong consensus-building skills. Works well in teams
Execute with urgency while maintaining quality and efficiency; adapt to shifting priorities, coupled with a sense of urgency
Post graduate degree in a quantitative field of study (i.e. PhD, Master of Mathematical Finance, Statistics, Computer Science, Applied Mathematics, Econometrics, Engineering, Quantitative Finance, or a related quantitative field).
Nice-to-have
Ability to work in Unix, Teradata Data Warehouse and/or Hive Data Lake environments
Experience with Hadoop, Spark and similar data storage and processing tools. Experience with deep learning methodologies. Familiar with Tableau or other data visualization tools
Familiar with object-oriented programming concepts
Exposure to credit risk system design and OSFI’s CAR guideline is a definite asset
A strong understanding of RBC’s policies, procedures, systems, risk appetite, risk tolerance, strategies and the overall role of risk management within RBC is an asset.
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.
A world-class training program in financial services.
Opportunities to do challenging work, including leveraging AI and SRE principles to drive innovation and operational excellence.
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Job Skills
Backtesting, Credit Ratings, Credit Risks, Critical Thinking, Data Analysis, Financial Regulation, Loss Given Default, Model Risk, Probability of Default, Python (Programming Language), Quantitative Methods, Regulatory Requirements, Retail Credit, Risk Management, Risk Ratings, Statistical Analysis TechniquesAdditional Job Details
Address:
City:
Country:
Work hours/week:
Employment Type:
Platform:
Job Type:
Pay Type:
Posted Date:
Application Deadline:
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.
Join our Talent Community
Stay 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.
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.
Job Description
What is your opportunity?
As Associate Director, Enterprise Model Risk Management (EMRM) in our Group Risk Management (GRM) team, you will be responsible for end-to-end execution and documentation of credit risk model validation projects within RBC’s Canadian Banking platform. Your role is to independently assess and provide an objective opinion on the soundness of credit risk models using both qualitative and quantitative industry best practices. Specific activities include collaborating with model developers, opining on the adequacy of model documentation, assessing the suitability of models for their intended purpose, reviewing data inputs and outputs, building benchmark models to support validation conclusions, ensuring compliance with internal policies as well as regulatory requirements, communicating validation results, and providing recommendations for improvements.
What will you do?
Perform initial review and validation of newly developed credit models and make recommendations supporting use of the model.
Employ various quantitative and qualitative techniques to review, test, replicate, challenge, benchmark and assess credit risk models.
Utilize strong analytical and written communication skills to execute ongoing model validations once models reach their expected outcome period for all Canadian Banking credit risk models as governed by RBC’s Enterprise Model Risk Management policy.
Develop comprehensive reports summarizing key observations, conclusions, and recommendations in support of completed model validations.
Ensure model validations are planned and completed in accordance with timelines established in the Enterprise Model Risk policy based on each model’s materiality and uncertainty rating.
What do you need to succeed?
3 + years of model development or model validation experience, preferably related to credit risk models used within the financial services industry.
Hands-on experience with artificial intelligence / machine learning modeling techniques (deep learning, XGboost) as well as logistic regression modeling techniques.
Proficient Python programmer with a proven track record of delivering high-quality code.
Comfortable working with large data sets. Solid understanding of data extraction and data mining, proficiency in SQL.
Strategic thinker with superior interpersonal, verbal and written communication skills and with strong consensus-building skills.
Post graduate degree in a quantitative field of study (i.e. PhD, Master of Mathematical Finance, Statistics, Computer Science, Applied Mathematics, Data Science or comparable).
Nice-to-Haves:
Knowledge of Canadian retail banking products and processes. A strong understanding of retail credit risk modeling theories, principles and industry best practices.
A strong understanding of RBC’s policies, procedures, systems, risk appetite, risk tolerance, strategies and the overall role of risk management within RBC is a definite asset.
Experience with Hadoop, Spark, object storage solutions. Familiar with Tableau or other data visualization tools. Experience with version control tools (git).
What’s in it for you?
We thrive on the challenge to be our best, thinking progressively 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
Leaders who support your development through coaching and managing opportunities
Ability to make a difference and lasting impact
Work in an agile, collaborative, progressive, and high-performing team
The opportunity to interface with executives from many different parts of the organization
Job Skills
Critical Thinking, Economic Analysis, Risk Control, Scoring ModelsAdditional Job Details
Address:
City:
Country:
Work hours/week:
Employment Type:
Platform:
Job Type:
Pay Type:
Posted Date:
Application Deadline:
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.
Join our Talent Community
Stay 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.
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.
Job Description
What is the opportunity?
As Director, AI Governance, you will play a key leadership role in enabling the safe, responsible, and scalable adoption of AI across Group Risk Management (GRM). This is a first line governance role supporting the AI Innovation-X team and broader risk stakeholders in navigating enterprise governance requirements, accelerating approvals, and embedding strong controls across the AI lifecycle.
You will act as a trusted advisor to risk teams, helping translate governance expectations into practical execution so that AI initiatives can move forward with appropriate risk management, clear accountability, and operational readiness. You will report to the Managing Director, Head of AI Innovation-X (Center of Excellence) in GRM.
What will you do?
What do you need to succeed?
Must Have:
Nice-to-Have:
What is in it for you?
We thrive on the challenge to be our best, progressive thinking, to keep growing, and working together to build and deliver trusted reporting to help our stakeholders succeed 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
Ability to make a difference and lasting impact
Work in a dynamic, collaborative, progressive, and high-performing team
Opportunities to take on progressively greater accountabilities
Job Skills
Business Perspective, Client Counseling, Data Gathering Analysis, Decision Making, Fraud Management, Internal Controls, Organizational Governance, Process Management, Risk Management, Strategic ThinkingAdditional Job Details
Address:
City:
Country:
Work hours/week:
Employment Type:
Platform:
Job Type:
Pay Type:
Posted Date:
Application Deadline:
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.
Join our Talent Community
Stay 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.
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.
Job Description
What is the opportunity?
Global Risk Analytics (GRA) is the center of expertise for models used in risk management, covering market risk, counterparty credit risk, and emerging risk. The GRA Climate Risk Modelling and Model Governance team is responsible for the conceptualization, design, implementation, and maintenance of both physical and transition climate risk modeling frameworks. These models serve as fundamental tools for quantifying and assessing climate related risks across the enterprise. The team's scope includes alignment with evolving regulatory expectations, compliance requirements, and adherence to established industry best practices and methodological standards.
The team also provides governance of departmental activities and support GRA senior management in developing strategic plans, tracking progress, and compiling reports on model enhancement and development projects.
GRA is seeking an individual who is an expert in climate physical and/or transition risk analysis and is passionate about applying innovative data analytics and strong programming skills to enhance our climate risk analytics capabilities.
Your responsibilities will cover both Climate Risk Modelling and GRA Model Governance activities.
What will you do?
What do you need to succeed?
Must-have
Nice-to-have
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.
Job Skills
Critical Thinking, Data Science, Financial Instruments, Financial Regulation, Geographic Information Systems (GIS), Quantitative Methods, Risk Management, Risk Modeling, Spatial Analysis, Statistical AnalysisAdditional Job Details
Address:
City:
Country:
Work hours/week:
Employment Type:
Platform:
Job Type:
Pay Type:
Posted Date:
Application Deadline:
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.
Join our Talent Community
Stay 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.
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.