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 strong focus on employee development through world-class training programs and leadership support, team members are empowered to make a meaningful impact while working alongside industry experts. The comprehensive Total Rewards Program, including competitive compensation and flexible benefits, further enhances the appeal of joining our high-performing Market Risk team.
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, especially those already working at RBC or similar firms. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of market risk and the specific products RBC deals with. Show us you’re not just a candidate, but someone who’s genuinely interested in the role and the company.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your enthusiasm for the position. It keeps you fresh in their minds!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team at RBC.
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 is tailored to the Associate Director, Market Risk role. Highlight your quantitative skills and any relevant experience in trading-desk facing roles. We want to see how your background aligns with the responsibilities outlined in the job description.
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 skills can contribute to our team. Be sure to mention any specific projects or experiences that demonstrate your ability to handle the challenges of this role.
Showcase Your Technical Skills:Since proficiency in Excel, PowerPoint, Python, and SQL is key, make sure to highlight your technical skills in your application. If you've used these tools in previous roles, give us examples of how they helped you achieve results.
Apply Through Our Website:We encourage you to apply through our website for the best chance of being noticed. It’s the easiest way for us to keep track of your application and ensure it gets to the right people. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at RBC
✨Know Your Numbers
Make sure you brush up on your quantitative skills and understand key metrics like VaR and stress testing. Be ready to discuss how these concepts apply to market risk and how you've used them in past roles.
✨Stay Current with Market Trends
Familiarise yourself with recent market developments and emerging risks. This will not only show your interest in the field but also help you provide insightful commentary during the interview.
✨Showcase Your Collaboration Skills
Since this role involves working with various teams, be prepared to share examples of how you've successfully collaborated in the past. Highlight your communication skills and how you’ve managed cross-functional projects.
✨Demonstrate Your Curiosity
Exhibit your self-motivation and curiosity by asking thoughtful questions about the company’s risk management strategies and future initiatives. This shows you're not just interested in the role, but also in contributing to the company's success.
