1. How would you assess whether a risk model remains reliable when portfolio composition or customer behaviour changes over time?
2. Walk me through how you would investigate an unexpected spike in portfolio risk metrics without an obvious external shock.
3. How do you design and interpret sensitivity or stress testing results to support risk appetite and limit-setting decisions?
4. Describe a time you identified an inconsistency between risk reports and underlying data—how did you trace the root cause?
5. How do OSFI guidelines or internal governance requirements influence model development, validation, or usage at RBC?
6. If business stakeholders challenge your risk assessment because it conflicts with short-term performance, how would you respond?
7. How would you evaluate diversification and concentration risk across industries, regions, or counterparties in a large portfolio?
8. How do you translate complex risk analysis into clear, decision-ready insights for senior management or executive committees?