Senior PPNR Modeler

Overview
The senior PPNR modeler in the PPNR modeling development team is an integral part of the overall CCAR process.

This individual will develop and maintain quantitative models and qualitative methodologies with firm specific business drives that will be used in the annual CCAR exercises.

Further, this individual will be responsible for all required statistical testing, model monitoring, documentation, and implementation of PPNR Models.

What is the Opportunity?
The senior PPNR modeler in the PPNR modeling development team is an integral part of the overall CCAR process.

This individual will develop and maintain quantitative models and qualitative methodologies with firm specific business drives that will be used in the annual CCAR exercises.

Further, this individual will be responsible for all required statistical testing, model monitoring, documentation, and implementation of PPNR Models.

What will you do?

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%

What do you need to succeed?
Must have:

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)

Nice-to-have

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

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 including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable

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

A world-class training program in financial services

Flexible work/life balance options

Opportunities to do challenging work

Additional Job Details

Address: GOLDMAN SACHS TOWER, 30 HUDSON STREET, JERSEY CITY

City: Jersey City

Country: United States of America

Work hours/week: 40

Employment Type: Full time

Platform: OFFICE OF THE CFO

Job Type: Regular

Pay Type: Salaried

Posted Date: 2026-02-05

Application Deadline: 2026-07-31

Note:

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

RBC’s 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. 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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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.

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