Manager, Capital Markets Enterprise-Wide Stress Testing

What is the opportunity?

As a key member of the performance management team in Capital Markets Finance, this role will be responsible for the development and implementation of stress testing tools to support the data generation and aggregation for various internal and regulatory stress testing programs, assessing the impact of macroeconomic and market-driven shocks on capital markets portfolios, collaborating with front office and risk partners, and building analytical tools with insights into how RBC Capital Markets balance sheet and key financial metrics perform under stress.

In this role, there are unique opportunities to gain a bird’s-eye view into the inner workings of a large financial institution; learn finance and risk concepts and the capital markets business; employ data science skills; and learn how macroeconomic risks such as geopolitical tensions impact the Bank.

What will you do?

• Design and develop financial models that capture sensitivities and valuation changes under stress scenarios across Capital Markets business
• Translate macroeconomic scenarios into risk factor shocks using statistical or historical mapping approaches
• Automate processes for scenario application, model execution, and report generation using VBA and Python
• Design, construct and implement tools, processes, and methodologies required for stress testing production
• Collaborate with key partners in Capital Markets, Risk Management, and Finance to ensure accurate risk capture and model alignment
• Ensure models meet internal governance standards and regulatory expectations
• Analyze data using empirical and statistical techniques to fine tune financial and risk projections
• Participate in development and analysis of stress scenarios, assumptions, and methodologies to ensure they are appropriate for use in Capital Markets business
• Provide detailed analytics, stress impact reporting and present results to Business and Finance senior management teams
• End-to-end project management, from idea conception, solution design, stakeholder buy-in, implementation and monitoring

What do you need to succeed?

Must Have

• Pursuing the CPA, FRM or other related designations is considered a strong asset
• Experience in financial modelling, capital markets risk, and stress testing
• Advanced proficiency with Excel, Python, Word, and PowerPoint
• Excellent communication skills, both oral & written, with good interpersonal skills to establish relationships across all levels of the Enterprise
• Strong investigative mindset and acute attention to detail
• Highly motivated, collaborative, and self-starter attitude

Nice to Have    

• Exposure to Capital Markets products and businesses, and regulatory stress testing requirements
• Knowledge and experience using analytical tools and managing large datasets

Job Skills

Accounting, Decision Making, Financial Planning and Analysis (FP&A), Financial Reporting and Analysis, Results-Oriented

Additional Job Details

ROYAL BANK PLAZA, 200 BAY ST:TORONTOTorontoCanada37.5Full timeOFFICE OF THE CFORegularSalaried2025-08-192025-09-03

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.