ALM Risk Analyst: Banking Book & IRRBB

RBC; Los Angeles (CA); On-site; USD 120,000 - 200,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Paid time off

Job summary

RBC in Los Angeles seeks a US GRM-Balance Sheet Risk Analyst to monitor liquidity risk and banking book market risk across RBC’s Combined US Operations. You will provide analytical support across large portfolios of assets and liabilities within RBC’s combined US operations, ensuring implementation of risk management policies and providing technical expertise in IRRBB.

Working at both the CUSO consolidated level and within individual legal entities, you will deliver sophisticated risk reporting,

Qualifications

• 2+ years' experience in the financial services sector.
• Bachelor's Degree required.
• Self-starter with the ability to work independently and in an organized manner, with attention to detail, prioritize, and handle multiple work streams.

Responsibilities

• Apply working-level knowledge of ALM and banking book market risk management across CUSO entities.
• Provide direct support to the Lead, ALM Risk Management on matters pertaining to ALM profile oversight and entity management.
• Demonstrate strong understanding of ALM procedures and concepts and respond to moderately complex functional queries.
• Coordinate work activities within established policies and procedures.
• Interpret and deliver within established policy frameworks.
• Regularly review existing policies and limits, proposing updates and revisions where necessary.
• Create consolidated reporting that includes sensitivity measures and stress testing with consistent aggregation across business lines and legal entities, providing timely and accurate risk reporting.
• Ensure strong control environment through alignment of data management, methodology, and quantitative models.
• Provide insight on key risks and exposures versus market trends and potential events.
• Understand and quantify impacts from model and parameter assumptions within the banking book market risk framework.
• Evaluate both quantitative and qualitative assumptions employed in risk frameworks (i.e., Deposit duration models, and loan prepayment models).
• Monitor activities and exposures to ensure adherence to approved policies and limits.
• Identify and provide insight on emerging risk exposure while investigating and understanding changes in risk exposures.

Skills

Self-starter

Attention to detail

Education

Bachelor's Degree

Job description

RBC in Los Angeles seeks a US GRM-Balance Sheet Risk Analyst to monitor liquidity risk and banking book market risk across RBC’s Combined US Operations. You will provide analytical support across large portfolios of assets and liabilities within RBC’s combined US operations, ensuring implementation of risk management policies and providing technical expertise in IRRBB.

Working at both the CUSO consolidated level and within individual legal entities, you will deliver sophisticated risk reporting,