Associate Director, Liquidity Risk Measurement

RBC; Toronto; On-site; CAD 70,000 - 110,000; Full time

Job summary

Join a forward-thinking financial institution as a key member of the Liquidity Measurement team. This role offers the opportunity to engage in critical analysis and reporting of the bank's liquidity position, ensuring compliance with regulatory standards. You will collaborate with various teams to enhance measurement processes and contribute to significant projects. Ideal candidates will have a strong background in financial reporting, risk management, and a passion for analytical thinking. This position promises a dynamic work environment where your contributions directly impact the organization’s success.

Qualifications

• 5+ years in financial/regulatory reporting in financial institutions.
• Strong understanding of bank balance sheets and risk management.

Responsibilities

• Prepare regulatory reports and analyze liquidity position trends.
• Collaborate with teams to enhance liquidity measurement processes.

Skills

Analytical Thinking

Commercial Acumen

Critical Thinking

Decision Making

Financial Regulation

Interest Rate Risk Management

Risk Management

Strategic Thinking

Treasury Management

Education

Bachelor's Degree in Finance or related field

CPA, CGA, or CFA (preferred)

Tools

VBA

SQL

Job description

Job Summary

Job Description

What is the opportunity?

Reporting to the Director, Liquidity Risk Measurement, you will be a member of the Liquidity Measurement team of RBC. You will be part of the liquidity center of expertise which is responsible for measurement and analysis of consolidated liquidity position of the RBC financial group and is critical component of the overall liquidity risk management capability of RBC. The team provides regular information to the regulators and management, analyzes trends in the balance sheet and liquidity and works with regional centers and business partners in understanding balance sheet and liquidity profile of the organization.

The role includes responsibility for timely and accurate production of regulatory and financial disclosure reports. It will also develop, maintain and enhance liquidity measurement capability including authoring and updating documentation of liquidity risk methodology to ensure compliance with regulatory guidelines. This role will work with other measurement teams to improve processes, support automation and improve accuracy of measurement for liquidity reports.

What you will do?

• Support and preparation of monthly/quarterly regulatory reports including disclosures on financial statements.
• Analyze short-term changes and long-term trends in balance sheet and liquidity position, update forecasts and projections. Liaise with internal partners to understand and explain dynamics of the liquidity metrics.
• Prepare analytical reports for management and other internal business partners
• Support the Director in special projects, ad-hoc analysis and presentations.
• Ensure that the calculation of the metric is compliant with the liquidity risk measurement governance framework. Support necessary liquidity risk measurement governance processes, provide support for management attestations and for the review of the metric by auditors and regulators
• Collaborate with team members to improve controls, enhance processes and continual support of automation efforts
• Maintain and author detailed documentation of the liquidity risk measurement methodology.
• Support the improvement of measurement accuracy for all regulatory reports (LCR, NCCF, NSFR) including data testing, to ensure this is up-to-date and in compliance with regulatory guidelines
• Manage relationships and provide meaningful information to business partners as required

What do you need to Succeed?

Must Have

• Strong understanding of bank balance sheet, products and business operations
• Strong knowledge of 5 years+ experience with financial and/or regulatory reporting in financial institutions
• Knowledge of risk management tools and techniques desired
• Conversant with Basel III and other regulatory developments related to liquidity
• Excellent research and problem-solving skills
• Collaborative and consultative team player
• Self-starter and independent
• Demonstrated integrity and independent thinking
• Detail-oriented, thorough and conscientious
• Programming skills in VBA Excel and/or SQL knowledge

Nice to Have

• Professional designation: CPA, CGA, or CFA preferred

Job Skills

Analytical Thinking, Commercial Acumen, Critical Thinking, Decision Making, Financial Regulation, Interest Rate Risk Management, Risk Management, Strategic Thinking, Treasury Management

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

OFFICE OF THE CFO

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-05-05

Application Deadline:

2025-05-20

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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