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RBC · 12 hours ago

Senior PPNR Modeler

Jersey City, New Jersey, United States of America

Full-time

Onsite

Mid, Senior Level

$120K/yr - $200K/yr

5+ years exp

RBC is a leading global financial institution that provides a variety of financial services. They are seeking a Senior PPNR Modeler to develop and maintain quantitative models and methodologies used in the annual CCAR exercises, ensuring compliance and accuracy in financial forecasting.

BankingFinancial ServicesWealth Management

H1B Sponsor Likely

Responsibilities

Assist with the design, build, and implementation of various statistical and econometric models in R along with supporting technical infrastructure to forecast the stress scenarios for PPNR components for the RBC IHC entity – 40%

Assist with the design, implementation and maintenance of regression and non-regression model approaches in R. – 20%

Maintain existing RMarkdown documentation process for all relevant PPNR documentations – 20%

Aid in translating business and economic drivers into financial statements impact using non-regression analytics approach – 10%

Support ad-hoc analysis, development model documentation, review and challenge decks and other supporting documentation to meet CCAR requirements – 10%

Analyze and recommend enhancements to existing firm processes to streamline model approach or enhance overall quality and accuracy of the process – 5%

Qualification

Quantitative modelingRStatistical testingEconometric modelsAd Hoc AnalysisModel RiskProcess ManagementStatisticsDocumentationsProfessional Presentation

Required

Bachelor's Degree (Masters or Phd. Preferred)

Minimum 5 years recent relevant experience

Quantitative modeling (R,)

Experiences in R, or other analytical tools

Strong computer skills in organizing and manipulating large amounts of data (Advanced MS Excel, R)

Preferred

Experience working in PPNR modeling and the experiences with CCAR process

Degrees in Business, Mathematics, Economics or Statistics

Knowledge in trading portfolios and wealth management

Benefits

Comprehensive Total Rewards Program including bonuses and flexible benefits

Competitive compensation

Commissions

Stock where applicable

401(k) program with company-matching contributions

Health, dental, vision, life and disability insurance

Paid time-off plan

Company

RBC

Glassdoor4.0

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance.

Founded in 1864

Toronto, Ontario, CAN

10001+ employees

https://www.rbc.com

H1B Sponsorship

RBC has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (29)

2024 (17)

2023 (3)

2022 (4)

2021 (1)

2020 (2)

Funding

Current Stage

Public Company

Total Funding

$17.46B

2026-02-04Post Ipo Debt· $1.17B

2025-10-30Post Ipo Debt· $5B

2025-09-15Post Ipo Debt· $1.35B

Leadership Team

Graeme Hepworth

Chief Risk Officer

Kelly Bradley

Chief Human Resources Officer

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