Analyst/Associate, Market Risk Governance & Reporting

Job Description

The Analyst/Associate, Market Risk Governance & Reporting will support the Market Risk team at RBC US across governance, reporting, documentation, and control functions. This 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. This is a versatile Market Risk role offering broad exposure to market risk capital, regulatory governance, stress testing, and FRB supervisory processes at a major international bank, making it ideal for a candidate seeking a strong foundation across reporting, governance, and risk management disciplines.

Responsibilities

• 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%).

Qualifications and Requirements

• 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 (e.g., 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 (e.g., Tableau, OBI) is an asset.
• Strong written and oral communication skills with meticulous 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.

Skills

Critical Thinking, Data Administration, Data Mining, Data Modeling, Data Movement, Detail-Oriented, Group Problem Solving, Quantitative Research, Research Documents.

Additional Job Details

Address: BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET - NEW YORK, New York, United States of America

Work Hours/Week: 40

Employment Type: Full time

Platform: GROUP RISK MANAGEMENT

Job Type: Regular

Pay Type: Salaried

Posted Date: 2026-09-17

Application Deadline: 2026-10-03

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

Compensation and Company Culture

Salary Range: $120,000 - $200,000 (New York), depending on experience, skills, registration status, market conditions, and business needs.

Employees also have the potential to earn more through RBC’s discretionary variable compensation program, provided the business meets its performance targets and the individual meets their goals.

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect, and Excellence, and winning together as One RBC. We strive to deliver an inclusive workplace where employees feel supported to perform at their best, collaborate effectively, drive innovation, and grow professionally.

• A comprehensive Total Rewards Program, including 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.