Director, Retail Risk Modeling

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Director, Retail Risk Modeling

role at

RBC .

Be among the first 25 applicants (last posted 1 day ago).

What is the opportunity? Join an inclusive, high performing team that is driving outsized results and impact through data. We sit at the intersection of decades of data, high powered data infrastructure, continuous research, and interesting problems across multiple lines of business. We need smart team players who are passionate about turning data into insights, building and governing models that enable a multi‑billion dollar loan portfolio.

What will you do?

Lead a team of high performing data scientists with vision, compassion, and adaptability.

Provide effective challenge and drive continuous research.

Build and foster an environment of diversity, trust, fun, and excellence.

Manage stakeholders, build trust, and take ownership over entire portfolios.

Support talent development and foster career growth for team members.

Develop and maintain credit risk models that support the credit decisions related to RBC’s various lending business lines across all risk spectrums.

Extract, clean, validate, and analyze usable data from multiple data sources/providers.

Design and construct prediction systems through machine learning tools and advanced statistics to select features, create and optimize classifiers or regression models.

Present results in a clear and concise manner for non‑technical stakeholders and comprehensive model documentation.

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

Shepherd existing models through production and own documentation related to existing models.

What do you need to succeed? Excellent communication skills are a must – you must be very comfortable taking high complex ideas and distilling them into simple terms. You will own the end‑to‑end lifecycle of a model – sourcing, exploring data, researching techniques, translating regulatory requirements, and monitoring for continuous improvement. You must be comfortable working with multiple stakeholders across the bank and transforming vision into outcomes.

Must‑have qualifications

Undergraduate degree in computer science, finance, mathematics, statistics, engineering, or an equivalent technical field.

6+ years of relevant work experience.

Prior experience with people management.

Hands‑on experience with large datasets (ingestion, processing, merging and aggregation of data), with fluency in SQL and big data/cloud technologies (Hadoop, PySpark, S3).

Strong SQL and Python coding skills to support automation and efficient end‑to‑end model scoring/implementation.

Understanding of advanced statistical methods and machine learning techniques for classification and regression tasks.

Experience in code sharing and version control solutions (GitHub).

Ability to work with UNIX command line.

Excellent English‑language verbal and written communication skills.

Nice-to-have qualifications

Master’s degree in computer science, finance, mathematics, statistics, or engineering.

Knowledge of C++ and prior development of large‑scale simulation.

Knowledge of GenAI use cases in retail lending.

Knowledge of other programming languages such as R, Java, Scala, or SAS.

Prior model development experiences for IFRS9, capital modelling, or other enterprise risk experience.

Experience with recruiting.

What’s in it for you?

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 Details Address: RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTO

City: Toronto

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: GROUP RISK MANAGEMENT

Job Type: Regular

Pay Type: Salaried

Posted Date: 2025-07-22

Application Deadline: 2026-01-17

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.

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

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