Royal Bank of Canada
Associate Director - Liquidity Risk
Royal Bank of Canada, Toronto, ON
Job Summary
As part of the Group Risk Management (GRM) team, the Associate Director - Liquidity Risk will support oversight of liquidity risk across RBC. Your role involves understanding the complexity of managing risk across large portfolios of assets, liabilities and off-balance sheet instruments, at the RBC level and within individual business lines and legal entities. You will help meeting regulatory expectations for liquidity risk and the oversight of liquidity risks.
Job Description
What is the opportunity?
As part of the Group Risk Management (GRM) team, the Associate Director - Liquidity Risk will support oversight of liquidity risk across RBC. Your role involves understanding the complexity of managing risk across large portfolios of assets, liabilities and off-balance sheet instruments, at the RBC level and within individual business lines and legal entities. You will help meeting regulatory expectations for liquidity risk and the oversight of liquidity risks
What will you do?
What do you need to succeed?
Must-Haves
Nice-to-Haves:
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.
Job Skills
Decision Making, Financial Instruments, Group Problem Solving, Market Risk, Performance Management (PM), Resource Coordination, Risk Management, Waterfall Project Management
Additional Job Details
Address:
ROYAL BANK PLAZA, 200 BAY ST:TORONTO
City:
TORONTO
Country:
Canada
Work hours/week:
37.5
Employment Type:
Full time
Platform:
GROUP RISK MANAGEMENT
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2024-09-24
Application Deadline:
2024-10-12
Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.
As part of the Group Risk Management (GRM) team, the Associate Director - Liquidity Risk will support oversight of liquidity risk across RBC. Your role involves understanding the complexity of managing risk across large portfolios of assets, liabilities and off-balance sheet instruments, at the RBC level and within individual business lines and legal entities. You will help meeting regulatory expectations for liquidity risk and the oversight of liquidity risks.
Job Description
What is the opportunity?
As part of the Group Risk Management (GRM) team, the Associate Director - Liquidity Risk will support oversight of liquidity risk across RBC. Your role involves understanding the complexity of managing risk across large portfolios of assets, liabilities and off-balance sheet instruments, at the RBC level and within individual business lines and legal entities. You will help meeting regulatory expectations for liquidity risk and the oversight of liquidity risks
What will you do?
- Risk oversight of balance sheet models related to liquidity stress testing including parameter reviews.
- Undertakes the Liquidity risk first assessments against regulations, internal policies and industry best practices
- Monitor activities and exposures to ensure adherence to approved policies and limits.
- Prepare insightful analysis and commentary focusing on drivers of material changes in risk positions.
- Assist in the analysis of proposals for new products and businesses and ensure risk implications are understood and captured
- Brief senior management on emerging risks and market/regulatory developments that impact liquidity and funding.
- Maintain awareness of regulatory developments and plan for compliance to future requirements related to liquidity risk.
What do you need to succeed?
Must-Haves
- Minimum of 4yrs experience in risk management preferably credit/liquidity risk.
- Delivery and accountability of risk related initiatives
- Development of other individual's skills within the context of liquidity and non-trading risk
- Partnering with external groups to achieve results.
- Previous experience with risk oversight, Balance Sheet Management, Liquidity Risk, Stress Testing and Policy Oversight,
- Understanding of bank's businesses and balance sheet structure
- Capable of managing senior level discussions with various stakeholders
Nice-to-Haves:
- MBA, MA, MS or equivalent with emphasis in finance, economics or other relevant discipline is desired.
- Industry knowledge and experience, including prior roles involving lending and/or credit structuring
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.
- A team-oriented environment with a focus on learning and development
- Leaders who support your development through coaching and managing opportunities
- Ability to make a difference and lasting impact
Job Skills
Decision Making, Financial Instruments, Group Problem Solving, Market Risk, Performance Management (PM), Resource Coordination, Risk Management, Waterfall Project Management
Additional Job Details
Address:
ROYAL BANK PLAZA, 200 BAY ST:TORONTO
City:
TORONTO
Country:
Canada
Work hours/week:
37.5
Employment Type:
Full time
Platform:
GROUP RISK MANAGEMENT
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2024-09-24
Application Deadline:
2024-10-12
Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.