Royal Bank of Canada
Job title:
Senior Manager/ Manager, Risk Modeling and Machine Learning
Company
Royal Bank of Canada
Job description
Job SummaryJob DescriptionWhat is the opportunity?RBC Risk Modeling and Machine Learning team is hiring a Senior Manager. Reporting to Director, Risk Modeling & Machine Learning, you will responsible for managing, monitoring and building predictive risk models that support retail and small business Credit Strategies in Personal banking. You will have the opportunity to explore the latest machine learning algorithms and develop models on state of the art distributed computing infrastructure.What will you do?Develop predictive risk models that support credit decisions in Portfolio Management and Credit Strategies (adjudication, account management and collection)Responsible for end-to-end project management, continuous interaction with key stakeholders & comprehensive model documentationResolve issues raised by independent validation, Internal Audit and ongoing model monitoringResponsible for documentation related to existing models (annual assessment and re-validation, model updates)Monitor existing models, identifying potential weaknesses and limitations, conduct deep dives if necessaryExplore and leverage best practices in model development and managementMake decisions on technical details around the modeling solution, development, ongoing management and deployment of modelsWhat do you need to succeed?Must-haveUniversity Degree, preferably graduate in computer science / actuarial science / mathematics / statistics / physics / engineering or related quantitative field4+ years working experience in advanced statistical methods (logistic/linear regression, survival analysis, optimization, time-series forecasting, supervised/unsupervised machine learning)Expert in data manipulation on large datasets with advanced programming skills (SQL, SAS, Python, R, Spark)Exceptionally strong conceptual, analytical and problem solving skills combined with strong written and verbal communication skills, especially in explanation of complex concepts to a non-technical audienceNice to haveFinancial Risk Manager (FRM) / Chartered Financial Analyst (CFA) / Society of Actuaries (SOA) designation is preferredKnowledge of bank retail products and credit lending processes, working experience with financial and credit bureau informationKnowledge on data access, data modeling, data architecture and data storage techniquesExperience in automation and scheduling of data pipeline for end-to-end modeling solutionsWhat’s in it for you?We thrive on the challenge to be our best, thinking progressively 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.A comprehensive Total Rewards Program including bonuses and flexible benefitsLeaders who support your development through coaching and managing opportunitiesAbility to make a difference and lasting impactWork in an agile, collaborative, progressive, and high-performing teamThe opportunity to interface with executives from many different parts of the organizationJob Skills Automation Engineering, Big Data Analytics, Client Counseling, Credit Bureau Reporting, Critical Thinking, Financial Instruments, Financial Regulation, Logistic Regression Models, Machine Learning, Model Development, Python (Programming Language), Quantitative Methods, Retail Banking, Retail Lending, Risk Management, Risk Models, SAS Language, Structured Query Language (SQL), Survival Analysis, Time Series ForecastingAdditional Job DetailsAddress: RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: GROUP RISK MANAGEMENTJob Type: RegularPay Type: SalariedPosted Date: 2024-09-25Application Deadline: 2024-10-11Inclusion and Equal Opportunity EmploymentAt 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.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.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at .
Expected salary
Location
Toronto, ON
Job date
Fri, 27 Sep 2024 04:10:46 GMT
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