Risk Manager - Foreign Exchange (London)

Royal Bank of Canada
London, GB
On-site

Why this role

Pace
Steady
Collaboration
High
Autonomy
Medium
Decision Impact
Team
Role Level
Individual Contributor

Derived from job-description analysis by Serendipath's career intelligence engine.

What success looks like

  • Monitored and reported market risk exposures
  • Developed foundational knowledge of financial products
  • Collaborated with various teams on risk issues
Typical background
Basic understanding of financial markets or quantitative concepts

Transferable backgrounds

  • Coming from Market Analysis
  • Coming from Financial Modeling

Skills & requirements

Required

Financial MarketsRisk ManagementAttention To DetailCommunicationPythonExcel

Preferred

Cfa/frmVarScenario Analysis

Stack & domain

PythonBloombergExcelCommunicationCFAFrmFinanceRisk Management

About the role

Original posting from Royal Bank of Canada

Job Description

What is the Opportunity?

The Market Risk London team is responsible for monitoring, analysing, and reporting on market risk exposure stemming from the European trading activity within RBC Capital Markets, RBC Investor Services and RBC Wealth Management in Europe.

The Market Risk Manager is responsible for accurate and timely risk reporting, ongoing monitoring and producing analysis of market risk taken by linear and non-linear Foreign Exchange trading desks (FX Spot, FX EM, FX Forwards) while also overseeing the deal-contingent IR/FX derivatives portfolio.

This role will also be responsible for managing ad-hoc medium-term projects to hard deadlines and collaborating with other stakeholders, with support from Director, Market Risk where required.

Should you be shortlisted, do please let us know if you have any specific requirements for the interview.

This is a permanent, full-time role and requires 4 days in the office at either our London Bishopsgate office.

Primary Responsibilities:

  • Assist in monitoring and reporting market risk exposures, including risk limits, material exposures, and concentrations, under supervision.
  • Support timely investigations and escalations of key risks, exposure changes, or breaches, with guidance from senior team members.
  • Develop foundational knowledge of financial products, associated risks, and drivers of P&L, VaR, and stress metrics.
  • Contribute to risk analysis for emerging risks, limit extensions, and ad-hoc trading requests, with oversight from experienced colleagues.
  • Assist in tracking market developments and providing insights on emerging concerns or potential impacts.
  • Support assessments of new business initiatives or requests, ensuring risks are identified and communicated appropriately.
  • Collaborate with the Business, Technology, and Enterprise Risk teams on projects and risk issues, with a focus on learning and contributing to team goals.
  • Serve as a junior contact for Market Risk on risk reporting and processes for assigned desks, under senior guidance.
  • Assist in improving risk management and reporting infrastructure, with opportunities to contribute to coding and AI tool projects.

Must-have:

  • Basic understanding of financial markets or quantitative concepts (e.g., through coursework, internships, or projects).
  • Strong attention to detail and ability to work in a fast-paced environment.
  • Motivated learner with a willingness to work independently and collaboratively.
  • Good communication and interpersonal skills, with the ability to interact with diverse teams.
  • Proficiency in English, both oral and written.
  • Familiarity with Python, Bloomberg, or Excel (basic to intermediate level).

Nice to have:

  • Degree in Quantitative Finance, Finance, Economics, or a related field.
  • Progressing toward or completion of CFA/FRM or a relevant Master’s degree.
  • Basic understanding of Greeks, VaR, stress testing, or scenario analysis.
  • Prior internship or project experience in finance or risk management.

What is 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, flexible benefits and competitive compensation.
  • Leaders who support your development through coaching and managing opportunities.
  • Opportunities to work with the best in the field.
  • 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.

Agency Notice

RBC Group does not accept agency resumés. Please do not forward resumés to our employees, nor any other company location. RBC Group only pay fees to agencies where they have entered into a prior agreement to do so and in any event do not pay fees related to unsolicited resumés. Please contact the Recruitment function for additional details.

Job Skills

Economic Analysis, Financial Risk Management (FRM), Group Problem Solving, Investment Management Systems, Investment Risk Management, Quantitative Methods, Risk Analysis Management, Risk Control, Risk Management, System Applications

Additional Job Details

Address:

100 BISHOPSGATE:LONDONCity:

LondonCountry:

United KingdomWork hours/week:

35Employment Type:

Full timePlatform:

GROUP RISK MANAGEMENTJob Type:

RegularPay Type:

SalariedPosted Date:

2026-05-07Application Deadline:

2026-05-29Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our 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 t

Source: Royal Bank of Canada careers

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