Associate Director, FTP Oversight (Wholesale)

RBC; Toronto; On-site; CAD 80,000 - 110,000; Full time

Job summary

A leading financial institution in Toronto is seeking a candidate for a role in Group Risk Management focusing on Funds Transfer Pricing oversight within Capital Markets. The ideal applicant has over 5 years of experience in finance, strong analytical skills, and a solid understanding of FTP concepts. This full-time position entails evaluating risks and preparing reports for senior management, while contributing to a vibrant team culture that values diversity and collaboration.

Benefits

Comprehensive Total Rewards Program

Leadership development opportunities

Agile and collaborative team environment

Qualifications

• Must have a strong understanding of FTP as it relates to Capital Markets.
• At least 5 years of experience in relevant financial functions.
• Excellent analytical and organizational skills.

Responsibilities

• Support FTP oversight matters, especially for the wholesale book.
• Evaluate risk implications for new Capital Markets products.
• Monitor and report on changes in FTP assumptions.

Skills

Strong understanding of FTP concepts

Experience in Capital Markets

Knowledge of trading products

Strong analytical skills

Excellent communication skills

High attention to detail

Education

CPA, CFA or other relevant designations

Tools

MS Office Suite

Job description

Overview

What is the opportunity?

The Group Risk Management -Balance Sheet and Liquidity Risk (GRM-BSLR) is a second line of defense team that oversees Funds Transfer Pricing (FTP) activities. The role involves providing oversight for FTP practices, specifically within Capital Markets, as part of the GRM-BSLR mandate, with a focus in the Combined US Operations (CUSO).

Responsibilities

• Support with all FTP-oversight related matters, especially for the wholesale book.
• Assist in assessing the risk of FTP adjustments within Capital Markets to reflect appropriate risk considerations.
• Evaluate FTP risks and implications for new or modified Capital Markets products, ensuring alignment with enterprise policies and frameworks.
• Contribute to the development and oversight of FTP methodologies and allocation processes.
• Collaborate with Treasury, Finance and other GRM areas to ensure consistent and risk sensitive application of FTP.
• Prepare materials and analysis for internal committees and senior management related to FTP topics.
• Monitor and report on the impact of FTP changes of assumptions.
• Stay current on industry practices and regulatory expectations related to FTP.

What do you need to succeed?

Must-to-have:

• Strong understanding of FTP concepts, especially as they relate to Capital Markets.
• 5 + years of experience in Capital Markets, Treasury, Risk or Finance functions within a large financial institution.
• Knowledge of trading products and associated funding and liquidity considerations.
• Familiarity with FTP methodologies.
• Strong analytical skills, with proficiency in MS Office suit.
• Excellent communication, and interpersonal skills, with the ability to influence cross functional stakeholders.
• High attention to detail and strong organizational skills in managing multiple deliverables independently.

Nice-to-have:

• CPA, CFA or other relevant designations are considered assets.

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 comprehensive Total Rewards Program including bonuses and flexible benefits
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in an agile, collaborative, progressive, and high-performing team

Job Skills

Credit Analysis, Fraud Risk Management, Investment Economics, Investment Management Systems, Investment Risk, Investment Risk Management, Long Term Planning, Market Risk, Operational Risks, Quantitative Methods, Risk Control, Risk Management, Waterfall Model

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: 2025-09-23

Application Deadline: 2025-10-08

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

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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