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Full-Time
On-Site

Associate Director, Liquidity Risk Measurement

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Description

The Associate Director on the Liquidity Measurement team at RBC's Corporate Treasury will be responsible for developing and delivering advanced liquidity calculations and analysis to support the bank's liquidity risk management. This role involves producing regulatory and senior management reports, analyzing balance sheet and liquidity position trends, and collaborating with various internal and external stakeholders to maintain the bank's liquidity within its risk appetite. The incumbent will also focus on enhancing liquidity measurement capabilities, optimizing systems and data, and ensuring compliance with risk methodologies and policies.

What We're Looking For

Lead the production and preparation of regulatory and internal liquidity reporting, including public liquidity disclosures contained within financial statements.,Analyze short-term changes and long-term trends in the Bank's balance sheet and liquidity positions.,Contribute – as a liquidity subject matter expert – to liquidity and funding forecasts, including assisting with narratives of position movements.,Liaise with internal business partners to understand and explain dynamics of liquidity metrics, and understand liquidity impacts of business initiatives.,Prepare analytical reports for senior management and other internal business and risk stakeholders.,Support, and often lead the design and development of special projects, ad-hoc analyses and presentations to diverse audiences.,Ensure that the measurement of liquidity positions are compliant with internal risk measurement frameworks and related governance.,Contribute analyses of new or changing regulations to assist with industry advocacy and engagement concerning capital measurement and management.,Support liquidity risk measurement governance processes, develop best practices, and engage regularly with Risk Management, internal and external audit teams.,Collaborate with team members to improve controls, enhance our processes and initiate and support reporting automation to promote efficiency.,Communicate effectively with systems development and monitor technology execution as a business lead.,Author and maintain responsibility for liquidity risk measurement methodology and related documentation.,Solid understanding of diverse bank balance sheets and their diverse array of businesses and products.,Minimum 5 years experience with financial and/or regulatory reporting for financial institutions.,Risk management acumen; the ability to translate business initiatives into potential risks and mitigants.,Strong presentation skills (Powerpoint, etc…), and the ability to present complex subjects in simple terms to large, senior audiences.,A current understanding of Basel III and OSFI liquidity concepts and developments, including but not limited to LCR, NSFR and collateral applications.,Excellent research and problem-solving skills, with a focus on detail.,Collaborative team player.,Self-starter and independent who acts with integrity.,Programming skills in VBA Excel, Python and/or SQL knowledge.

Ideal Candidate

Professional designation such as FRM, CFA, etc. (Nice to Have)

Hard Skills

VBA Excel
Python
SQL
Financial Reporting
Regulatory Reporting
Risk Management
Basel III
OSFI liquidity concepts (LCR
NSFR
collateral applications)
Data Analysis
Report Preparation

Soft Skills

Presentation Skills
Research Skills
Problem-solving Skills
Detail-oriented
Collaborative
Team Player
Self-starter
Independent
Integrity
Communication Skills

Work Hours

37.5 hours/week

Benefits

Bonuses
Flexible Benefits
Competitive Compensation
Commissions
Stock options
Coaching and managing opportunities for development
Dynamic and collaborative team environment
World-class training program
Flexible work/life balance options
Opportunities for challenging work

About the Company

R

Royal Bank of Canada

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. As Canada's largest bank, it provides personal and commercial banking, wealth management, and capital markets services to over 17 million clients worldwide.

Purpose-driven
Inclusive
Innovative
Collaborative
Professional
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