Running of on desk processes related to pricing of derivatives and generation and management of XVA and MCAD risks.
To be an integral part of the strategic development of the desk through related project based work.
Increase the efficiency of the desk through improvements in tactical processes.
Pricing of CVA, FVA and KVA for all derivative asset classes in RBC's businesses globally.
Liaise with our Quant team to maximise practical utilisation of available functionality.
Proactively identify operational risks/ control deficiencies in the business
Review and comply with Firm Policies applicable to your business activities
Escalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions promptly. Failure to do so may subject you to disciplinary action, up to and including termination.
What do you need to succeed? Must-have
A degree in a highly numerate discipline, for example engineering, mathematics or economics.
Knowledge of XVA/all aspects of derivative pricing including related aspects of regulation (Basel III,etc)
Programming skills in VBA, C++ or similar.
Experience with Bloomberg or other trading floor systems.
What's in it for you? We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
About RBC Royal Bank of Canada is Canada's largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America's leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit rbc.com .
Inclusion and Equal Opportunity Employment RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.
JOB SUMMARY City: City of London Address: Thames Court Work Hours/Week: 35 Work Environment: Office Employment Type: Permanent Career Level: Experienced Hire/Professional Pay Type: Salaried Position Level: CM - Professional Required Travel(%): 0-25 Exempt/Non-Exempt: N/A People Manager: No Application Deadline: 06/20/2017 Req ID: 137789 Posting Notes: None