Analyst/Associate, Market Risk Governance & Reporting

RBC is a major international bank seeking an Analyst/Associate, Market Risk Governance & Reporting to support its US Market Risk team. The role focuses on market risk reporting, governance documentation, data analysis, control testing, regulatory responses, and preparation for governance committees and Federal Reserve engagements.

What you'll do:

• 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%

What they're looking for:

• 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 (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
• Strong written and oral communication skills with 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
• Experience with Business Intelligence tools (Tableau, OBI) is an asset

Benefits:

• 401(k) program with company-matching contributions
• Health insurance
• Dental insurance
• Vision insurance
• Life insurance
• Disability insurance
• 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