Associate Director Valuations Methodology

Job Description

What is the opportunity?RBC is currently searching for a highly technical derivative specialist (primarily interest rates) to join their Valuations Team in Toronto reporting to Director. The role is newly created role specifically around model risk management work within Valuations Team. Valuations is part of the Product Control Team.The incumbent’s main responsibilities will revolve around Model Risk Management work (~75%). And they will also be required to assume some responsibilities within BAU processes such as calculation of IPV, VA and Fair Value Disclosures.Regulatory pressures around model risk management processes have necessitated increased responsibilities for the Valuation Team including documentation of existing processes and methodologies and submitting them as ‘models’ to Enterprise Model Risk Management Team.What will you do?

Work alongside Valuations Team, reporting to Director in Valuations Methodology

Init...