Job Description

What is your opportunity? You will work in close proximity with model stakeholders in order to vet and validate mathematical/statistical models used by RBC, mainly (but not exclusively) focusing on models related to Credit Risk (PD/LGD/EAD/etc.) for IFRS 9 and EWST. You will also act as a trusted advisor and effective challenger to model developers and users on all matters pertaining to risk modeling requirements.

What will you do?

Perform effective challenge of model inputs, methodology, and implementation.

Independently build replication/benchmarking models using statistic and/or machine learning algorithms

Engage model developers and related function groups personnel as necessary in order to proactively assess, document, and independently validate mathematical/statistical models and their usage by the bank.

Acquire and maintain a thorough understanding of the flow and context of model usage by th...