ABS Quant Analyst - New York, United States - Royal Bank of Canada

Description

Come Work with Us

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title

ABS Quant Analyst - Credit Risk

Job Description

• Analyzes business activities and credit risk of investments on the organization; ensures credit transactions are in compliance with credit risk management policies and procedures, limits, and guidelines.
• Implements quantitative analysis methods and related technology-based tools to analyze data in order to effectively monitor, measure, and manage credit risks.
• Evaluates variables that affect credit risk; works and communicates with colleagues outside of own department concerning credit risk considerations.
• Develops action plans to resolve issues; redesigns processes to better manage, measure, and monitor credit risk.
• Research, develop and implement mathematical models to calculate the value and risk of ABS products for various asset classes.
• Document products and models.
• Post-graduate degree in a quantitative area such as mathematics, physics, finance, engineering, or computer science.

The good-faith expected salary range for the above position is $80,000-$135,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

· Drives RBC's high performance culture

· Enables collective achievement of our strategic goals

· Generates sustainable shareholder returns and above market shareholder value

Job Summary

Develops and implements credit risk management systems and processes used to minimize credit risk. You will work closely with the front office and quant team to develop and improve Asset Backed Securities models.

Address:

New York, New York, United States of America

City:

USA-NY-NEW YORK

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

Group Risk Management

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

:00

Application Deadline:

:00

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
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We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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