Hiring: Associate Director, Market Risk Governance and Controls Company: RBC Location: New York, NY Job Posted Time: 2026-09-17 06:45:04 Employment Type: Full-time About the job Experience: •5+ years of experience at a bank or financial institution with exposure to Market Risk governance, regulatory capital, risk management frameworks, or a second-line risk function Required Skills: •Develop, maintain, and enhance Market Risk policies, procedures, and governance frameworks for the US IHC, including covered position identification, trading desk structure documentation, trading/hedging strategy documentation, and internal risk transfer frameworks – 25% •Establish and operate the re-designation framework with associated notification, exception-handling, and FRB pre-approval processes; build and maintain the net short credit/equity position monitoring framework – 20% •Design and execute process controls across Market Risk functions, including risk and control self-assessments (RCSAs), key risk indicators, and ongoing compliance monitoring to ensure adherence to regulatory requirements – 20% •Prepare presentations, regulatory responses, and approval package materials for governance committees, senior management, and FRB engagements; coordinate across Risk, Finance, and Front Office functions – 15% •Actively facilitate and support regulatory sensitivities pre-approval analysis and submission process, including documentation of alternative sensitivity definitions versus regulatory prescribed sensitivities – 10% •Review supervisory guidance and industry developments to identify evolving regulatory requirements and best practices; provide support for internal audits and regulatory examinations – 10% •What do you need to succeed? •5+ years of experience at a bank or financial institution with exposure to Market Risk governance, regulatory capital, risk management frameworks, or a second-line risk function Qualifications: •Bachelor's Degree in Finance, Business, Economics, or a related field Compensation: •$120,000 - $200,000 / year Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!