Associate, Country Risk

The Associate Country Risk will be responsible for monitoring, analyzing, recommending and defending risk ratings for sovereign, country and subnational governments in specified geographies (e.g. countries, provinces and US states). They will also support the development of portfolio insights including deep dive analyses of the potential impact of significant country risks and trends on portfolio credit quality.

What is the opportunity?

The Country Risk team produces enterprise-level sovereign, country and subnational risk assessments and generates value-added insights and advice to ensure that country risks within the portfolio are broadly understood, within risk appetite and properly considered across the organization.

The Associate Country Risk will be responsible for monitoring, analyzing, recommending and defending risk ratings for sovereign, country and subnational governments in specified geographies (e.g. countries, provinces and US states). They will also support the development of portfolio insights including deep dive analyses of the potential impact of significant country risks and trends on portfolio credit quality.

What will you do?

• Proactively review sovereign, country and subnational risk assessments annually, and as required, in order to ensure that risk ratings are continuously current

• Maintain a database of geographic risk ratings and early warning indicators for specified geographies in order to analyze and disseminate geographic risk information quickly to key stakeholders

• Participate in the communication of information to stakeholders via in-person briefings and reports published on the Country Risk website

• Conduct research on global economic, geopolitical, societal and other trends

• Assist in maintaining relevant risk rating models

• Assist in maintaining country control lists (e.g. Restricted and No Business Lists)

• Contribute to country limit setting and limit increase requests

• Contribute to deep dive analyses of the potential impact of significant country risks and trends on portfolio credit quality

What do you need to succeed?

Must-have

• Undergraduate degree in economics, policy, finance, or a related field

• 2+ years of relevant work experience, including complex data analysis

• Working knowledge of world financial markets, international economics and politics, public debt and government fiscal policy

• Strong conceptual thinking and attention to detail; ability to obtain, analyze and interpret complex information from a wide variety of sources, identify critical risk issues, and make and defend recommendations

• Very strong interpersonal skills including demonstrated skills in written and verbal communication

• Proficient in relevant computer applications (Excel, Word, Access, PowerPoint)

Nice-to-have

• Graduate degree in economics, policy, finance, or a related field.

• Work experience in credit analysis or portfolio management

• Familiarity with RBC's international organization, goals, and business objectives

• CFA, FRM or professional designations

What's 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

Conceptual Thinking, Credit Analysis, Credit Portfolio Management, Data Analysis, Economic Analysis, Global Politics, International News, Risk Management

Additional Job Details

ROYAL BANK PLAZA, 200 BAY ST:TORONTOTORONTOCanada37.5Full timeGROUP RISK MANAGEMENTRegularSalaried2025-04-162025-04-30

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

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.