Senior Manager, Investment Risk and Liability Analytics

RBC; Toronto; On-site; CAD 100,000 - 130,000; Full time

Job summary

RBC offers a unique opportunity for a Senior Manager of Investment Risk and Liability Analytics in Toronto. You will harness your investment and actuarial expertise to drive strategic decision-making through advanced frameworks, collaborating closely with cross-functional teams to enhance investment performance insights and risk management strategies.

Benefits

Comprehensive Total Rewards Program

Flexible benefits and competitive compensation

Coaching and development opportunities

Dynamic and collaborative working environment

Qualifications

• 6+ years in investment analytics, actuarial ALM, or financial performance roles.
• Strong understanding of insurance liabilities and capital requirements.
• Proficiency in investment performance explanation and scenario-based forecasting.

Responsibilities

• Analyze liability profiles and develop models to assess key components.
• Quantify and communicate investment risks related to insurance products.
• Build forecasting tools for investment-related P&L projections.

Skills

Financial Regulation

Investment Reporting

Investment Risk Management

Investments Analysis

Education

CFA, FRM, CAIA or equivalent

Tools

Advanced Excel/VBA

Python

SQL

Job description

Job Summary

Job Description

What is the opportunity?

This role offers a unique opportunity to sit at the intersection of investments, actuarial, and finance—translating asset returns, capital constraints, and liability dynamics into meaningful business insights. As Senior Manager of Investment Risk and Liability Analytics, you will bring your knowledge on the insurance liabilities and finance to work extensively on the ALM to support strategic decision-making by developing frameworks that explain investment risks, liability sensitivities, historical performance, and forecast future net investment income under a range of scenarios.

What will you do?

• Analyze liability profiles and risks. Develop model solution to identify, measure, monitor, and report key liability components.
• Quantify and communicate key investment risks (interest rate, credit, liquidity) in the context of insurance products and liability structures.
• Evaluate ALM positioning and its impact on earnings volatility, liability sensitivity, and capital efficiency (e.g., LICAT Core and Total ratios).
• Build and maintain forecasting tools to project investment-related P&L under base and stressed macroeconomic scenarios.
• Partner with actuarial, risk, and finance teams to support earnings analysis, business planning, and regulatory reporting.
• Contribute to the development of dashboards and visualization tools that enable senior leadership to understand the drivers of investment performance.

What do you need to succeed?

Must-have

• 6+ years of experience in investment analytics, actuarial ALM, or financial performance roles within insurance or banking
• Strong understanding of how investment returns interact with insurance liabilities, capital requirements, and product profitability
• Working knowledge of ALM frameworks, duration/convexity matching, and capital rules (e.g., LICAT)
• Proficiency in investment performance explanation and scenario-based forecasting
• Strong analytical skills in Excel; ability to handle large data sets and develop custom tools
• Excellent communication skills with the ability to summarize complex results for executive and cross-functional audiences

Nice-to-have

• CFA, FRM, CAIA or equivalent
• Advanced Excel/VBA, Python, or SQL for data analytics and automation

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 and competitive compensation
• RBCI software tools to boost your productivity
• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to take on progressively greater accountabilities
• Access to a variety of job opportunities across business and geographies

Job Skills

Financial Regulation, Investment Reporting, Investment Risk Management, Investments Analysis

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:

INSURANCE

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-06-11

Application Deadline:

2025-06-25

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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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.