Associate Director

1 week ago


Toronto, Ontario, Canada Royal Bank of Canada Full time
Job Summary

We are seeking a highly skilled Associate Director to join our Group Risk Management team, focusing on liquidity risk across Royal Bank of Canada. As a key member of our team, you will play a critical role in supporting the oversight of liquidity risk, ensuring compliance with regulatory expectations, and driving business growth.

Key Responsibilities
  • Provide risk oversight of balance sheet models related to liquidity stress testing, including parameter reviews and analysis.
  • Conduct liquidity risk first assessments against regulations, internal policies, and industry best practices.
  • Monitor activities and exposures to ensure adherence to approved policies and limits.
  • Prepare insightful analysis and commentary on drivers of material changes in risk positions.
  • Assist in the analysis of proposals for new products and businesses, ensuring risk implications are understood and captured.
  • Brief senior management on emerging risks and market/regulatory developments impacting liquidity and funding.
  • Maintain awareness of regulatory developments and plan for compliance with future requirements related to liquidity risk.
Requirements
  • Minimum of 4 years of experience in risk management, preferably in credit/liquidity risk.
  • Delivery and accountability of risk-related initiatives.
  • Development of other individuals' skills within the context of liquidity and non-trading risk.
  • Partnering with external groups to achieve results.
  • Previous experience with risk oversight, balance sheet management, liquidity risk, stress testing, and policy oversight.
  • Understanding of bank businesses and balance sheet structure.
  • Ability to manage senior-level discussions with various stakeholders.
What We Offer
  • 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
  • Decision Making
  • Financial Instruments
  • Group Problem Solving
  • Market Risk
  • Performance Management (PM)
  • Resource Coordination
  • Risk Management
  • Waterfall Project Management


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