Senior Manager, Banking Interest Rate Sensitivity Modeling

rbc; Toronto; On-site; CAD 110,000 - 150,000; Full time

Job summary

RBC in Toronto seeks a senior analyst to support development and implementation of models for measuring Interest Rate Risk in the Banking Book (IRRBB) and to advance automation in regulatory and internal reporting. The role requires collaboration with senior management and cross-functional teams across Corporate Treasury and Finance functions.

You will maintain ALM reporting and contribute to stress testing and earnings risk analysis.

Qualifications

• Degree in Business, Mathematics, Finance or related fields.
• 3+ years of relevant Treasury or Risk Management experience.
• Strong grasp of Asset-Liability Management concepts and practices.
• Excellent communication skills, written and verbal, with a senior audience.
• Solid understanding of financial principles and risk concepts.
• SQL proficiency for data analysis and reporting.
• QRM process and development skills.
• Experience with Tableau.
• MBA, CFA or FRM preferred.

Responsibilities

• Support development and implementation of IRRBB models and methodologies.
• Review IRR and FTP methodologies, metrics, reporting and modelling for alignment with strategies.
• Lead on reporting automation for regulatory, internal and external disclosures.
• Provide insights into model capabilities and limitations and ensure robustness.
• Prepare documentation on risk measurement methodology and model enhancements.
• Monitor main economic variables and market conditions and advise on impact to IRRBB.

Skills

Analytical Thinking

Commercial Acumen

Critical Thinking

Decision Making

Financial Regulation

Interest Rate Risk Management

Risk Management

Strategic Thinking

Treasury Management

Education

Degree in Business, Mathematics, Finance or related fields

Tools

SQL

Tableau

Job description

What is the opportunity?

Join a strong multi-disciplinary team which supports interest rate risk production model development, analytics, implementation and operations. This role maintains RBC's Asset Liability Management (ALM) reporting processes, advances process automation and works closely with senior management across Corporate Treasury FTP, Execution and Finance functions.

What will you do?

Support development and implementation of models and methodologies used for measurement of Interest Rate Risk in the Banking Book (IRRBB). Review Interest Rate Risk and FTP methodologies, metrics, reporting and modelling to ensure alignment with core strategies.

Lead on reporting automation and efficiencies for regulatory reporting, internal management reporting, and external disclosures; along with risk / sensitivity profiles, position data, behavior tracking, and compliance reporting.

Support development of new modeling methods and capabilities enabling dynamic simulation of balance sheet product mix and pricing changes in support of earnings risk measures and stress testing. Provide insights into model capabilities and limitations plus challenge protocols to ensure assumptions and processes are robust and well supported. An intuitive understanding of risk models and measures is important to the role to support screening and a robust measurement process.

Prepare and maintain documentation regarding risk measurement methodology, processes and procedures, product modeling and implementation of model enhancements.

Keep abreast of main economic variables and market conditions across main jurisdictions (Canada, Europe and United States) and provide senior management with analysis of impact to IRRBB.

What do you need to succeed?

Must-have

• Degree in Business, Mathematics, Finance or related fields.


• 3+ years of relevant Treasury or Risk Management experience.


• Strong grasp of Asset-Liability Management concepts and practices.


• Strong ability to communicate, verbally and in writing, complex concepts to a non-technical, senior audience.


• Good understanding of business and accounting regulations.


• Solid understanding of financial principles and risk concepts.


• Good database concept and skills (SQL).

Nice-to-have

• QRM process and development skills.


• Experience with Tableau.


• MBA, CFA or FRM preferred.

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


• The opportunity to interface with senior level executives from many different parts of the organization

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: 2026-09-17 Application Deadline: 2026-10-01

Company Culture

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.