What is the Opportunity?
The Market Risk London team is responsible for monitoring, analysing, and reporting on market risk exposure stemming from the European trading activity within RBC Capital Markets, RBC Investor Services and RBC Wealth Management in Europe.
The Market Risk Manager is responsible for accurate and timely risk reporting, ongoing monitoring and producing analysis of market risk taken by linear and non-linear Foreign Exchange trading desks (FX Spot, FX EM, FX Forwards) while also overseeing the deal‑contingent IR/FX derivatives portfolio.
This role will also be responsible for managing ad‑hoc medium‑term projects to hard deadlines and collaborating with other stakeholders, with support from Director, Market Risk where required.
This is a permanent, full‑time role and requires 4 days in the office at our London Bishopsgate office.
Primary Responsibilities
* Assist in monitoring and reporting market risk exposures, including risk limits, material exposures, and concentrations, under supervision.
* Support timely investigations and escalations of key risks, exposure changes, or breaches, with guidance from senior team members.
* Develop foundational knowledge of financial products, associated risks, and drivers of P&L, VaR, and stress metrics.
* Contribute to risk analysis for emerging risks, limit extensions, and ad‑hoc trading requests, with oversight from experienced colleagues.
* Assist in tracking market developments and providing insights on emerging concerns or potential impacts.
* Support assessments of new business initiatives or requests, ensuring risks are identified and communicated appropriately.
* Collaborate with the Business, Technology, and Enterprise Risk teams on projects and risk issues, with a focus on learning and contributing to team goals.
* Serve as a junior contact for Market Risk on risk reporting and processes for assigned desks, under senior guidance.
* Assist in improving risk management and reporting infrastructure, with opportunities to contribute to coding and AI tool projects.
Must‑have
* Basic understanding of financial markets or quantitative concepts (e.g., through coursework, internships, or projects).
* Strong attention to detail and ability to work in a fast‑paced environment.
* Motivated learner with a willingness to work independently and collaboratively.
* Good communication and interpersonal skills, with the ability to interact with diverse teams.
* Proficiency in English, both oral and written.
* Familiarity with Python, Bloomberg, or Excel (basic to intermediate level).
Nice to have
* Degree in Quantitative Finance, Finance, Economics, or a related field.
* Progressing toward or completion of CFA/FRM or a relevant Master's degree.
* Basic understanding of Greeks, VaR, stress testing, or scenario analysis.
* Prior internship or project experience in finance or risk management.
What is in it for you?
* A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensation.
* Leaders who support your development through coaching and managing opportunities.
* Opportunities to work with the best in the field.
* Ability to make a difference and lasting impact.
* Work in a dynamic, collaborative, progressive, and high‑performing team.
* A world‑class training program in financial services.
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