Senior Manager/ Manager, Risk Modeling and Machine Learning

What 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 documentation

• Resolve issues raised by independent validation, Internal Audit and ongoing model monitoring

• Responsible 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 necessary

• Explore and leverage best practices in model development and management

• Make decisions on technical details around the modeling solution, development, ongoing management and deployment of models

What do you need to succeed?

Must-have

• University Degree, preferably graduate in computer science / actuarial science / mathematics / statistics / physics / engineering or related quantitative field

• 4+ 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 audience

Nice to have

• Financial Risk Manager (FRM) / Chartered Financial Analyst (CFA) / Society of Actuaries (SOA) designation is preferred

• Knowledge of bank retail products and credit lending processes, working experience with financial and credit bureau information

• Knowledge on data access, data modeling, data architecture and data storage techniques

• Experience in automation and scheduling of data pipeline for end-to-end modeling solutions

Whats 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 benefits

• Leaders who support your development through coaching and managing opportunities

• Ability to make a difference and lasting impact

• Work in an agile, collaborative, progressive, and high-performing team

• The opportunity to interface with executives from many different parts of the organization

Job Skills

Additional Job Details