At a Glance
- Tasks: Monitor and analyse market risk, providing insights and reporting on exposures.
- Company: Join RBC, a leading financial institution with a focus on innovation.
- Benefits: Competitive pay, bonuses, flexible benefits, and world-class training.
- Other info: Collaborative environment with opportunities for growth and AI initiatives.
- Why this job: Make a real impact in a dynamic team while developing your skills.
- Qualifications: Degree in Finance or Economics; experience in trading roles preferred.
The predicted salary is between 80000 - 100000 £ per year.
The Market Risk London team monitors, analyses, and reports on market risk exposure stemming from the European trading activity within RBC Capital Markets, RBC Investor Services and RBC Wealth Management in Europe.
Responsibilities
- Monitor, analyze and report market risk exposures for the desk, including risk limits, material exposures and concentrations.
- Timely investigate and elevate key risks, exposure changes or breaches.
- Develop a strong understanding of the products and the associated risks, and drivers contributing to P&L and loss metrics (VaR and Stress).
- Prepare risk analysis on emerging risks, limit extensions, annual limit reviews, product mandates or ad‑hoc trading requests, and provide constructive challenge to the Business.
- Follow market developments to provide insights on emerging concerns or potential or realised impacts.
- Assess new business initiatives or requests, ensuring the risks are understood and highlighted appropriately.
- Collaborate with the Business, Technology, Enterprise Risk and other functions on new initiatives, projects or risk issues.
- Act as key contact for Market Risk on risk reporting, risk processes and risk management for the assigned desks.
- Drive medium and long‑term projects, including AI initiatives, and actively look for opportunities to improve the existing risk management infrastructure.
- Manage ad‑hoc projects and collaborate with other stakeholders, with support from the Director of Market Risk where required.
Must‑have Qualifications
- Quantitative, Finance and/or Economics degree or equivalent.
- Proven experience in a trading‑desk facing role.
- Significant attention to detail in a fast‑paced and high‑pressure environment.
- Curiosity and high self‑motivation with the ability to work independently and collaboratively.
- Good team player with strong communication and interpersonal skills; interaction with other regions and teams is required.
- Strong proficiency with Excel, PowerPoint, Bloomberg, and practical use of Python and SQL.
- Strong English skills, both oral and written.
- Upholds the reputation of RBC and Group Risk Management at all times.
Nice‑to‑have Qualifications
- Good understanding of Greeks, VaR, stress testing and scenario analysis.
- Practical experience with Tableau.
Benefits
- A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensation.
- Leaders who support development through coaching and management opportunities.
- Opportunities to work with the best in the field.
- 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.
Associate Director, Market Risk — London employer: RBC
RBC Capital Markets is an exceptional employer, offering a dynamic and collaborative work environment in the heart of London. With a comprehensive Total Rewards Program, including competitive compensation and flexible benefits, employees are supported in their professional growth through world-class training and coaching opportunities. Joining our Market Risk team means being part of a high-performing group where your contributions can make a significant impact on the business and the industry.
StudySmarter Expert Advice🤫
We think this is how you could land Associate Director, Market Risk — London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its market risk strategies. Be ready to discuss how your skills align with their needs, especially around risk analysis and reporting.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've tackled market risks in the past, and be prepared to discuss your experience with tools like Excel, Python, and SQL.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Associate Director, Market Risk — London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Associate Director, Market Risk role. Highlight your quantitative background and any relevant trading-desk experience to catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about market risk and how your previous roles have prepared you for this position. Be sure to mention your curiosity and self-motivation!
Showcase Your Technical Skills:We love seeing strong technical skills! Make sure to mention your proficiency in Excel, PowerPoint, Python, and SQL. If you have experience with Tableau, don’t forget to include that too!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at RBC
✨Know Your Numbers
Make sure you brush up on key metrics like VaR, stress testing, and Greeks. Being able to discuss these concepts confidently will show that you understand the technical side of market risk, which is crucial for this role.
✨Stay Current with Market Trends
Keep an eye on recent market developments and emerging risks. Being able to discuss current events and their potential impacts during your interview will demonstrate your proactive approach and genuine interest in the field.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where you've monitored or analysed market risks in previous roles. Highlight your attention to detail and how you've successfully navigated high-pressure situations—this will resonate well with the interviewers.
✨Collaborative Mindset
Since this role involves working with various teams, be ready to share experiences where you've collaborated effectively. Emphasise your communication skills and how you’ve contributed to team success, as this will be key in a dynamic environment.
