2024 Fall - Toronto, Canada - Royal Bank of Canada

Royal Bank of Canada

Verified Company

Toronto, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Job Summary

As an Analyst, Environmental & Social Risk within the Environmental & Social Risk Management team you will play a key role in implementing and delivering solutions to business risk and disclosure requirements and providing support to the wider E&S Risk team in integrating environmental & social risk data into our risk management and monitoring processes.

This is a new and evolving focus area, providing the opportunity to develop innovative approaches to address complex problems and support a dynamic and exciting team.

In this role, you will be supporting E&S regulatory compliance, disclosure, data delivery and risk integration; undertaking analysis, improving environmental & social data processes and providing support to data delivery and environmental and social risk integration work; and working to advance RBC's capabilities in the measurement of climate risk and delivery of climate risk insights across the enterprise, to support senior-level decision-making.

What is the opportunity?

As an
Analyst, Environmental & Social Risk within the Environmental & Social Risk Management team you will play a key role in implementing and delivering solutions to business risk and disclosure requirements and providing support to the wider E&S Risk team in integrating environmental & social risk data into our risk management and monitoring processes.

This is a new and evolving focus area, providing the opportunity to develop innovative approaches to address complex problems and support a dynamic and exciting team.

What will you do?

Work as part of the broader E&S Risk team to align and coordinate management and monitoring of E&S Risk across environmental, climate and social topics.
Assist in the implementation of RBC's E&S risk policies and procedures, and as part of a team, work to keep RBC informed of emerging E&S issues that could lead to credit, reputational or legal risk including the research of various ESG / climate regulations and requirements.
Complete due diligence reviews on financed properties to evaluate environmental, regulatory, and reputation risks.
Conduct analysis on large datasets to determine and communicate insights to key stakeholders.
Support internal and external climate data disclosures (e.g. the RBC Annual Report, ESG Performance Report, TCFD Report, industry disclosures, shareholder requests, rating agency data requests, etc.) including in respect of carbonrelated assets, financed emissions and scenario analysis.
Support the development of E&S Risk educational material and coordinate the sharing of that information internally by arranging presentations and training sessions.

What do you need to succeed?

Must-have

Must be currently pursuing a relevant degree in Science, Math, Statistics/Actuarial Sciences, Computer Science, Engineering, Environmental, Economics or another quantitative discipline (College, Undergrad, Master's or PhD).
Experience developing presentations, visualizations and dashboards for senior executives (e.g. PowerPoint, Tableau) and in interest in developing advanced analytical capabilities
A passion for learning, an inquisitive spirit and a selfstarter.
Excellent written and verbal communication skills.
Open to multitasking and moving from task to task as we work under tight timelines and wear multiple "hats".
Experience analyzing and manipulating large data sets using querying tools with the ability to transform business goals into requirements. Programming skills and knowledge of Python or R is considered an asset.
Commitment to quality and accuracy with a high level of attention to detail.

Nice-to-have

Knowledge of and experience of climate risk including climate change science, development and use of climate change scenarios, models, projections, and data.
Demonstrated ability in mathematical, statistical, financial or economic analyses on large, complex datasets and in translating data into business insights.
Understanding of banking and commercial lending and/or risk management in the financial industry
Experience working with a diverse range of stakeholders.

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.