Manager, Loss Forecasting (Toronto)

Overview

The Loss Forecasting team within Portfolio Management and Credit Strategy (PMCS) at RBC is responsible for Stage 3 Provision for Credit Losses (PCL) forecasting for the Canadian retail portfolios. The team provides senior management with expert analysis and guidance on the Banks PCL. As a Manager, you will work closely with model development teams and credit risk experts to understand drivers of changes in PCL and support the Loss Forecasting team in delivering valued analysis.

Responsibilities

• Assist in developing, monitoring, and maintaining Stage 3 PCL loss forecasting models to support regulatory compliance and business objectives.
• Work with measurement, reporting, and modeling team members to understand assumptions in credit provisioning calculations; analyze results and help identify issues.
• Support communication with functional and business partners to identify and escalate issues affecting credit provisioning.
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