Associate Director - Stress Testing & Treasury Analytics Caribbean

APPLICATION DEADLINE: DECEMBER 20, 2024

What is the opportunity?

RBC Caribbean Banking ("RBCC") is hiring an Associate Director of Stress Testing & Treasury Analytics Caribbean. This role will be responsible for the development and implementation of stress testing tools to support the data generation and aggregation for various internal and regulatory stress testing programs (specific focus on ICAAP & Recovery Planning), working with key stakeholders to produce economic scenarios, building analytical tools with insights into how RBCC's balance sheet and key financial ratios perform under stress.

You will also play an important role in enabling Treasury to meet its strategic goals by identifying, delivering, and evolving the data ecosystem and its capabilities while ensuring the integrity and completeness of data in support of managing key risks, streamlining processes, and adhering to regulatory requirements.

In this role, there are unique opportunities to gain a birds-eye view into the inner workings of a large financial institution; learn finance, risk, and treasury concepts; employ data science skills; and learn how novel risks such as geopolitical tensions and climate change impact the Bank.

What will you do?

• Collaborate with team leadership in achieving a transformation of Caribbean Banking stress testing capabilities and frameworks
• Lead and support the development and advancement of foundational analytical capabilities to enable data-driven insights to be delivered by Treasury
• Maintain deep understanding of ICAAP regulatory expectations across the Caribbean with specific focus in Trinidad and Tobago, The Bahamas, Cayman Islands, Barbados and the Dutch Caribbean
• Design, construct and implement tools, processes, and methodologies required for stress testing production and analysis of RBCC's exposures
• Develop the macroeconomic variable expansion tools required for stress testing. This includes historical data analysis, model development and validation
• Analyze data using empirical and statistical techniques to fine tune financial and risk projections
• Participate in development and analysis of stress scenarios, assumptions, and methodologies to ensure they are appropriate for use at the country and/or legal entity levels
• Produce stress testing results covering the impacts on capital, liquidity and management action under various stress scenarios
• Cross-functional participation and support in Group Risk Management (GRM) and Enterprise CT stress testing projects
• Build a deep and holistic understanding of the various entities within the bank and how changes in the external environment can impact financial performance
• Work in tandem with the Enterprise Caribbean data SMEs to develop a strong foundation for Caribbean Treasury data and support the opportunities to allow for the acceleration of the work to establish the data quality and governance required to generate future growth for the team
• Collaborate with key partners within the Business, GRM, and Sales, to recognize areas of opportunity and optimize treasury analytics and data capabilities
• Keep abreast of advances in stress testing analytics
• Ownership of controls and oversight of inputs into Stress Testing & Recovery Planning
• End-to-end project management, from idea conception, solution design, stakeholder buy-in, implementation and monitoring

What do you need to succeed?

Must-have

• Bachelor's or master's degree in Finance, Accounting, Risk Management, Engineering, Computer Science, Statistics, Mathematics, Behavioral Economics, or other quantitative field of study
• 3+ years of industry experience in financial services (stress testing, corporate treasury, risk management)
• Experience developing concise and impactful executive-level reports, presentations, and other deliverables
• Advanced proficiency with Excel, Python, SAS, SQL, and PowerPoint
• Advanced analytical, problem solving and time management skills
• Strong understanding of banks' balance sheets, P&L and capital

Nice-to-have

• Previous experience running ICAAP, Stress Testing or Capital Planning programs
• Proficiency with a range of data tools, such as Tableau, Bloomberg Terminal, etc.
• CFA, FRM, CTP or any finance- or risk-related professional designation/certification

What's in it for you?

We thrive on the challenge to be our best and encourage 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, competitive compensation, commissions, and stock where applicable
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• A world-class training program in financial services
• Flexible work/life balance options
• Opportunities to do challenging work

Job Skills

Additional Job Details

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above