Job Description
What is the opportunity?The Liquidity Measurement team in RBC’s Corporate Treasury contributes subject matter expertise to develop and deliver sophisticated liquidity calculations and analysis, supporting the Bank’s liquidity risk management activities. The team, led by the Director, Liquidity Measurement, produces reporting to regulatory bodies as well as senior management, analyzes trends in the Bank’s balance sheet and liquidity positions, and works with a diversity of regional offices, functional groups and business partners to ensure the Bank’s liquidity positioning remains within the Bank’s risk appetite.This dynamic role is critical to the production of timely and accurate measurement, monitoring and reporting of liquidity positions to support regulatory requirements, senior management needs as well as financial disclosures. Working with a broad network of stakeholders, the incumbent will develop, maintain and enhance liquidity measurement capabilities assisting with system and data optimization and automation, analyzing liquidity parameters, and ensuring the adequacy of controls and documentation of liquidity risk methodologies in alignment with Bank policies.
What will you do?
Lead the production and preparation of regulatory and internal liquidity reporting, including public liquidity disclosures contained within financial statements.
Analyze short-term changes and long-term trends in the Bank’s balance sheet and liquidity positions
Contribute – as a liquidity subject matter expert – to liquidity and funding forecasts, including assisting with narratives of position movements
Liaise with internal business partners to understand and explain dynamics of liquidity metrics, and understand liquidity impacts of business initiatives
Prepare analytical reports for senior management and other internal business and risk stakeholders
Support, and often lead the design and development of special projects, ad-hoc analyses and presentations to diverse audiences.
Ensure that the measurement of liquidity positions are compliant with internal risk measurement frameworks and related governance.
Contribute analyses of new or changing regulations to assist with industry advocacy and engagement concerning capital measurement and management.
Support liquidity risk measurement governance processes, develop best practices, and engage regularly with Risk Management, internal and external audit teams
Collaborate with team members to improve controls, enhance our processes and initiate and support reporting automation to promote efficiency
Communicate effectively with systems development and monitor technology execution as a business lead.
Author and maintain responsibility for liquidity risk measurement methodology and related documentation.
Solid understanding of diverse bank balance sheets and their diverse array of businesses and products
Minimum 5 years experience with financial and/or regulatory reporting for financial institutions
Risk management acumen; the ability to translate business initiatives into potential risks and mitigants
Strong presentation skills (Powerpoint, etc…), and the ability to present complex subjects in simple terms to large, senior audiences
A current understanding of Basel III and OSFI liquidity concepts and developments, including but not limited to LCR, NSFR and collateral applications
Excellent research and problem-solving skills, with a focus on detail
Collaborative team player
Self-starter and independent who acts with integrity
Programming skills in VBA Excel, Python and/or SQL knowledge
Professional designation such FRM, CFA, etc.
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…
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