Director - Retail Liquidity Risk

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

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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

ROYAL BANK PLAZA, 200 BAY ST:TORONTOTORONTOCanada37.5Full timeGROUP RISK MANAGEMENTRegularSalaried2024-11-192024-11-30

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