Associate Director - Enterprise Liquidity Parameters

Job Description

WHAT IS THE OPPORTUNITY?

The Enterprise Liquidity Parameters (ELP) team within RBC Corporate Treasury is at the forefront of enterprise liquidity research and parameterization for a comprehensive suite of retail, wholesale banking, and trading products. This critical work enables RBC to identify liquidity and funding risks while cost-effectively positioning the balance sheet to withstand a wide range of normal and stressed market conditions. The ELP team collaborates closely with the Funds Transfer Pricing (FTP) team, which leverages liquidity assumptions to assign funding charges and rebates to RBC’s wholesale businesses.

Together, these teams provide strategic advice to front-office business partners, helping them understand how liquidity treatments impact their cost of doing business.

As part of this dynamic team, the Associate Director will take end-to-end ownership of liquidity documentation, research, analytics, and implementation for a portfolio of products, including retail/commercial deposits, cash management, loans, credit commitments, liquidity facilities, securities, derivatives, commodities, and futures clearing. The successful candidate will develop expertise in internal liquidity metrics, global liquidity regulations, and act as a strategic partner to front-office colleagues to maximize liquidity-adjusted ROE.

This role involves frequent interaction with senior leaders across Business, Finance, Treasury, and Risk functions.

WHAT WILL YOU DO?

Manage a portfolio of liquidity parameters, conducting inaugural, annual, and re-reviews. Challenge existing assessments to align with evolving business growth, risk appetite, and regulatory changes.

Update and maintain liquidity documentation to ensure it comprehensively articulates relevant risk considerations and meets internal and external regulatory expectations.

Serve as the primary point of contact for liquidity parameter concerns, working closely with Capital Markets, local Treasury teams, Group Risk Management (GRM), Internal Audit (IA), and Technology partners.

Support the implementation process of any parameterization changes on downstream measurement processes.

Be responsive to a wide variety of ad-hoc analysis, research, and presentation work to analyze new or enhanced products and business strategies pertaining to liquidity and funding treatments.

Provide advice and support to the New Business Committee on liquidity treatments for new initiatives.

Support FTP-related activities, particularly in the context of liquidity premiums.

Assist with regulatory and external audit activities related to LCR, NSFR, and NCCF, focusing on interpretation and compliance.

WHAT DO YOU NEED TO SUCCEED?
Must have:

Master’s degree in a relevant field (e.g., Finance, Economics, Business, or a related discipline).

Minimum of 5 years of experience in Treasury, Product, or Risk Management roles.

Strong understanding of liquidity risk principles and guidelines. In-depth knowledge of banking products and their associated characteristics.

Exceptional written and verbal communication skills, with the ability to convey complex concepts in a clear and concise manner to diverse stakeholders.

Strong analytical and problem-solving skills, with the ability to think conceptually and connect the dots.

Proven ability to work independently, prioritize tasks, and meet deadlines while adhering to governance requirements.

Nice-to-have
:

Demonstrated project management skills, with experience managing multiple projects simultaneously.

Advanced skills in Microsoft Office and SQL

Experience with data visualization tools such as Tableau, Power BI, or similar platforms. Advanced technical skills in Python, VBA, or other database-related programming languages.

Professional designations such as CFA, FRM, CPA, CMA, or LLB.

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 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

Flexible work/life balance options

Opportunities to do challenging work

#LI-POST
Job Skills
Business Analytics, Commercial Acumen, Critical Thinking, Decision Making, Group Problem Solving, Predictive Analytics, Risk Management, Statistical Analysis, Strategic Thinking, Treasury Management
Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:

TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

OFFICE OF THE CFO

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Final date to receive…