Senior Manager, Loss Forecasting

Overview

The Loss Forecast team within Portfolio Management and Credit Strategy (PMCS) at RBC is responsible for S3 PCL forecasting for the Canadian retail portfolio. The team provides Senior Management in Risk Management, Finance, Business Units, and Investor Relations with expert analysis and guidance on the Bank’s provisions for credit losses (PCL).

Responsibilities

• Develop, monitor, and maintain S3 PCL loss forecasting models to support regulatory compliance and business objectives.
• Work with measurement, reporting and modeling team members to understand the assumptions used in calculation and reporting of credit provisioning, analyze results and help troubleshoot and resolve issues affecting the production of reporting responsibilities.
• Maintain strong communication with functional and business partners for timely identification and escalation of issues affecting credit provisioning results
• Analyze large and com...