Job Description What is the opportunity? The Market & Counterparty Credit Risk (MCCR) group is responsible for defining and implementing an effective risk framework and governance structure for RBC & its subsidiaries and…
Skills: Market Risk, CCAR Stress Testing, Python, SQL, Data Pipelines
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$120k–$200k/yr
Full-time
bachelor degree, postgraduate degree
401(k) Program With Company-matching Contributions, Health Insurance, Dental Insurance, Vision Insurance, Life Insurance, Disability Insurance
Posted 32d ago
Apply by Sep 5
~40 hrs/week
Responsibilities
The role involves executing GMS stress testing capabilities for the US IHC, including scenario application and loss calculation. It also requires designing data pipelines and partnering with IT to enhance infrastructure and ensure regulatory compliance.
Requirements
Candidates need a bachelor's degree in a quantitative field and 5-7 years of experience in CCAR stress testing or market risk capital. Advanced proficiency in Python and SQL, along with a deep understanding of financial products and risk platforms, is required.
Full job description
Job Description
What is the opportunity?
The Market & Counterparty Credit Risk (MCCR) group is responsible for defining and implementing an effective risk framework and governance structure for RBC & its subsidiaries and the combined U.S. operations of RBC. RBC is seeking a strong candidate to join its MCCR team, specifically for Comprehensive Capital Analysis and Review (CCAR) Market Shock and other regulatory compliance. In particular, the incumbent’s core responsibilities are to contribute to the governance and successful execution of the CCAR Global Market Shock (GMS) / Internal Market Shock (IMS) components (Counterparty Default Loss, CVA, Trading MtM and IDR).
What will you do?
Execute the build-out of GMS stress testing capabilities for the US IHC, including scenario application, loss calculation, and results production, with deep involvement in the underlying technical implementation
Design, develop, and maintain data feeds and data pipelines supporting the GMS stress testing process, including sourcing, transformation, validation, and reconciliation of inputs across asset classes
Identify and implement infrastructure enhancements to the GMS calculation environment, including tooling improvements, process automation, and UI development to reduce manual intervention and increase scalability
Partner with IT to define technical requirements, perform UAT, and validate system changes; troubleshoot data quality issues and drive resolution across upstream and downstream systems
Support the development and maintenance of governance documentation, including methodology papers, system lineage diagrams, and process flows required for regulatory compliance and audit readiness
Contribute to the preparation of materials for FRB engagements, senior management, and internal risk committees; support regulatory examinations and internal audits as required
What do you need to succeed?
Must-have
Bachelor's degree in Finance, Engineering, Computer Science, or a quantitative field; advanced degree preferred
5–7 years of experience at an investment bank in CCAR stress testing, Market Risk Capital, or a quantitative/technology function with direct exposure to regulatory capital processes
Strong working knowledge of GMS and IMS stress testing methodologies, including scenario construction, position identification, and loss aggregation
Advanced proficiency in Python and SQL, with demonstrated experience building and maintaining data pipelines, automation tools, and analytical frameworks in a production environment
Hands-on experience with data feed onboarding and data infrastructure development, including sourcing and transforming risk and position data across multiple asset classes
Familiarity with market risk platforms and BI tools (Tableau, OBI); experience working within complex, multi-system technology environments
Understanding of financial products across rates, credit, equity, and their representation in risk and stress testing systems
Strong analytical and problem-solving skills, with a rigorous approach to data quality, results validation, and process controls
Clear written and verbal communication skills, with the ability to document technical processes and present findings to senior stakeholders
Autonomous and detail-oriented; comfortable operating in a fast-paced build environment with evolving requirements and regulatory deadlines
What’s in it for you?
We thrive on the challenge to be our best, progressive thinking 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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
Leaders who support your development through coaching and managing opportunities.
Ability to make a difference and lasting impact.
Work in a dynamic, collaborative, progressive, and high-performing team.
Opportunities to do challenging work.
Opportunities to build close relationships with clients.
The expected salary range for this particular position is $120,000-$200,000 (New York), depending on your experience, skills, and registration status, market conditions and business needs.
You have the potential to earn more through RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.
RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:
Drives RBC’s high-performance culture
Enables collective achievement of our strategic goals
Generates sustainable shareholder returns and above market shareholder value
Job Skills
Decision Making, Financial Instruments, Group Problem Solving, Market Risk, Performance Management (PM), Resource Coordination, Risk Management, Waterfall Model
Additional Job Details
Address:
BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK
City:
New York
Country:
United States of America
Work hours/week:
40
Employment Type:
Full time
Platform:
GROUP RISK MANAGEMENT
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2026-07-08
Application Deadline:
2026-09-05
Note:Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Our Employment Opportunities
At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.
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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 jobs.rbc.com.
RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.
We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.
http://rbc.com/legalstuff.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.
https://www.rbc.com/conditions-dutilisation/
Offices: 200 Bay Street, Toronto, Ontario M5J 2J5, CA · 1 Place Ville-Marie, Montreal, QC H3B 1Z3, CA · 2 Park St, Sydney, NSW 2000, AU · 100 Bishopsgate, London, England EC2N 4AA, GB · Persiaran Apec, Cyberjaya, Selangor 63000, MY
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Based on 7447 listings with disclosed salaries, most engineering jobs in New York pay between $80k–$210k per year. Individual offers vary with seniority, company size, and specialization.
How many Engineering jobs are open in New York right now?
There are currently 11,189 open engineering positions in New York listed on Clera. New openings are added daily as companies post roles.
Which companies are hiring for Engineering roles in New York?
Companies currently hiring include New York City Housing Authority (NYCHA), Corning Incorporated, Amazon, L3Harris Technologies, GE Vernova, among others. Browse the listings above to see every active employer.
Are there remote or hybrid Engineering jobs in New York?
Yes — 3163 of the 11189 open engineering positions offer remote or hybrid work (715 remote, 2448 hybrid).
How do I apply for Engineering jobs in New York?
Each listing links directly to the employer's application page. Apply early — fresh listings get the most recruiter attention in the first two weeks.