Director - Retail Liquidity Risk

1 month ago

Toronto, Canada Royal Bank of Canada Full time

**Job Summary**

As part of the Group Risk Management (GRM) team, the Director, Retail Liquidity Risk will direct and manage risk oversight over non-models, and qualitative methodologies for the Retail platform. Collectively, these represent assumptions underpinning internal liquidity metrics (NCF, OC, and ILM) as well as any discretionary assumptions used in the measurement of regulatory metrics (LCR, NSFR, & NCCF).

**What is the opportunity?**

As part of the Group Risk Management (GRM) team, the Director, Retail Liquidity Risk will direct and manage risk oversight over non-models, and qualitative methodologies for the Retail platform. Collectively, these represent assumptions underpinning internal liquidity metrics (NCF, OC, and ILM) as well as any discretionary assumptions used in the measurement of regulatory metrics (LCR, NSFR, & NCCF).

**What will you do?**
- Responsible for vetting the assumptions for Retail underpinning RBC’s internal liquidity stress testing program (Idiosyncratic, Systemic and Combined Scenarios)
- Providing advice and counsel for liquidity risk on the following:

- Resolution Planning
- Models
- Stress Testing
- For Canada, CUSO and Caribbean regions
- Funds transfer pricing
- Maintain awareness of regulatory developments and plan for compliance to future requirements related to liquidity risk.
- Disclosure of relevant exposures and information for internal, external, and regulatory needs.
- Part of the Liquidity Risk Senior Leadership Team to help drive the function forward

**What do you need to succeed?**

**Must-Haves**
- Minimum of 8yrs experience in risk management preferably treasury/liquidity risk/internal audit.
- Current and upcoming Regulatory/Compliance requirements
- Best practices for risk measurement and oversight.
- Knowledge and experience with liquidity stress testing at a major GSIB/DSIB
- Calculation of Liquidity Risk metrics
- Experience of liquidity parameters
- Strong interpersonal and teamwork capabilities, including advanced communication skills and proven ability to write clearly and concisely
- Analytical and curious mindset with the ability to identify key details while filtering out extraneous information
- Ability to deal with obstacles and ambiguity in an environment that can involve competing priorities and tight timelines, working collaboratively to develop effective solutions/recommendations
- Capable of managing senior level discussions and forums
- Excellent Strategic thinker and thought leader

**Nice-to-Haves**:

- Interest in pursuing a career in Risk Management
- Knowledge and experience with liquidity stress testing at a major GSIB/DSIB

**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 team-oriented environment with a focus on learning and development
- Leaders who support your development through coaching and managing opportunities
- Ability to make a difference and lasting impact

**Job Skills**

Business Analytics, Derivatives, Effectiveness Measurement, Investment Banking Analysis, Long Term Planning, Market Analysis, Market Risk, Results-Oriented, Risk Management

**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**:
2024-11-19

**Application Deadline**:
2024-11-30

**I**nclusion** and Equal Opportunity Employment**

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

**Join our Talent Community**

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

  • Director - Retail Liquidity Risk

    1 month ago

    Toronto, Canada Royal Bank of Canada> Full time

    Job SummaryAs part of the Group Risk Management (GRM) team, the Director, Retail Liquidity Risk will direct and manage risk oversight over non-models, and qualitative methodologies for the Retail platform. Collectively, these represent assumptions underpinning internal liquidity metrics (NCF, OC, and ILM) as well as any discretionary assumptions used in the...

  • Associate Director

    3 months ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** As part of the Group Risk Management (GRM) team, the Associate Director - Liquidity Risk will support oversight of liquidity risk across RBC. Your role involves understanding the complexity of managing risk across large portfolios of assets, liabilities and off-balance sheet instruments, at the RBC level and within individual business lines...

  • Director, Enterprise Liquidity Risk Measurement

    4 weeks ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** **What is the Opportunity?** Enterprise Liquidity Risk measurement (ELRM) team is responsible for enterprise-wide measurement and analysis of liquidity risk of RBC and for supporting executives and businesses in critical decision making and shaping of RBC’s liquidity risk profile. In the position of Director of ELRM you will lead...

  • Director Liquidity Risk and Funding

    6 months ago

    Toronto, Canada National Bank of Canada Full time

    A career as a Director - Liquidity Risk and Funding within the Liquidity Risk and Funding Risk Oversight team at National Bank involves acting as a specialist responsible for ensuring compliance with the liquidity aspect of the new guideline from the Office of the Superintendent of Financial Institutions (OSFI) on Assurance on Capital, Leverage and Liquidity...

  • Director, Enterprise Liquidity Risk Measurement

    4 weeks ago

    Toronto, Canada Royal Bank of Canada Full time

    Job Summary ...

  • Director, Enterprise Liquidity Risk Measurement Leader

    4 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job Summary:Royal Bank of Canada is seeking a highly skilled and experienced leader to join its Corporate Treasury team as Director, Enterprise Liquidity Risk Measurement.The successful candidate will lead the development of state-of-the-art liquidity risk measurement practices, ensuring the bank's risk measurement capabilities are strategic and effective....

  • Lead Enterprise Liquidity Risk Specialist

    2 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    The Royal Bank of Canada is seeking a highly skilled Director to lead its Enterprise Liquidity Risk Measurement (ELRM) team.As a key member of the Corporate Treasury team, you will be responsible for shaping the bank's liquidity risk profile and ensuring timely and accurate measurement of regulatory and management liquidity metrics.The ideal candidate will...

  • Manager, Liquidity Risk

    7 months ago

    Toronto, Canada TD Bank Full time

    **Work Location**: Toronto, Ontario, Canada **Hours**: 37.5 **Line of Business**: Risk Management **Pay Details**: **Department Overview** **The Enterprise Liquidity Risk (ELR) team is part of the Market Risk department. As the second line of defence, ELR is responsible for providing independent oversight and challenge of the Bank's liquidity risk...

  • Manager, Liquidity Risk

    7 months ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 199192 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Liquidity & Interest Rate Risk (LIRR) Group plays a key role in formulating the Bank’s risk appetite and governance framework, and provides individual oversight of the Bank's liquidity, structural and non-trading risks....

  • Director, Liquidity Stress Testing

    3 months ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 208684 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Director, Liquidity Stress Testing will enhance the Liquidity Management role within Group Treasury by providing thought leadership and guidance on the development of internal stress scenarios & corresponding assumptions. The...

  • Associate Director, Liquidity Strategy

    7 months ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 198759 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The position is responsible for assisting in the management of liquidity strategy development, planning and execution for both business as usual and contingency planning. The role will also assist with the coordination of the...

  • Liquidity Risk Analyst

    6 months ago

    Toronto, Canada TD Bank Full time

    **Work Location**: Toronto, Ontario, Canada **Hours**: 37.5 **Line of Business**: Risk Management **Pay Details**: **Department Overview** **For TD Bank to grow profitably, it must selectively take and manage risks. TD recognizes that a strong risk culture and approach to risk management is fundamental to our success.** **Capital Markets Risk Management...

  • Manager, Intraday Liquidity Risk Management

    3 months ago

    Toronto, Canada BMO Financial Group Full time

    100 King Street West Toronto Ontario,M5X 1A1 Supports the build, management, and execution of an enterprise-wide, intraday liquidity management framework to optimize risks and maximize risk-adjusted profitability. Provides expertise for the measurement, analysis, and oversight of the Bank’s global regulatory and internal intraday liquidity risks arising...

  • Treasury and Liquidity Risk Management

    3 months ago

    Toronto, Canada Atlantis IT group Full time

    **Role**: Treasury and Liquidity Risk Management Toronto **"Key Skills**: Understands the Treasury and Liquidity Risk Management from Global Markets (Capital Markets point of view). Means the person understands the Trading products such as Repos, Reverse Repos, Sec Lending, Options, Swaps etc. and how does their data reflect in Treasury Risk...

  • Treasury and Liquidity Risk Management

    3 months ago

    Toronto, Canada Q1 Technologies Full time

    "Key Skills: - Understands the Treasury and Liquidity Risk Management from Global Markets (Capital Markets point of view). Means the person understands the Trading products such as Repos, Reverse Repos, Sec Lending, Options, Swaps etc. and how does their data reflect in Treasury Risk Metrics. - Liquidity Risk Management - Cash flow modeling and liquidity...

  • Chief Liquidity Risk Strategist

    3 weeks ago

    Old Toronto, Canada RBC Full time

    Oversee Enterprise-Wide Liquidity Risk ManagementRBC is seeking a highly skilled Chief Liquidity Risk Strategist to lead its enterprise-wide liquidity risk management practice. This is a unique opportunity for an innovative leader to shape the bank's risk profile and ensure strategic development of risk measurement capabilities.In this role, you will oversee...

  • Associate Director, Enterprise Liquidity Risk

    4 months ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** **What is the opportunity?** The Associate Director, Enterprise Liquidity Risk Measurement is a key role within Corporate Treasury where you will support the Head of RBC Liquidity Measurement in providing regulatory, management and financial liquidity reporting by enhancing the effectiveness and efficiency of internal controls around...

  • Director Corporate Risk

    3 weeks ago

    Old Toronto, Canada RBC Full time

    Job SummaryJob DescriptionWhat is the Opportunity?The Enterprise Liquidity Risk Measurement (ELRM) team is responsible for enterprise-wide measurement and analysis of liquidity risk at RBC and for supporting executives and businesses in critical decision-making and shaping RBC’s liquidity risk profile.In the position of Director of ELRM, you will lead...

  • Treasury and Liquidity Risk Management

    4 weeks ago

    Old Toronto, Canada Atlantis IT group Full time

    Role: Treasury and Liquidity Risk ManagementLocation: TorontoKey Skills:Understanding of Treasury and Liquidity Risk Management from a Global Markets (Capital Markets) perspective.Knowledge of Trading products such as Repos, Reverse Repos, Sec Lending, Options, Swaps, etc., and how their data reflects in Treasury Risk Metrics.Liquidity Risk Management.Cash...

  • Enterprise Liquidity Risk Specialist

    4 weeks ago

    Old Toronto, Canada BMO Financial Group Full time

    About the RoleWe are seeking an experienced Enterprise Liquidity Risk Specialist to join our team at BMO Financial Group. This is a critical role that requires strong technical expertise and analytical skills to manage enterprise-wide liquidity risks.