Impress employers and recruiters.
Choose from hundreds of resume examples.

Target Resume Now

About the Role

You will be joining the Balance Sheet and Liquidity Risk (BSLR) team in London, with the Group Risk Management (GRM) function of the Royal Bank of Canada. The Associate Director role will cover project work for second line oversight of RBC’s liquidity, FTP, and interest rate risk in UK and EMEA in line with the responsibilities set out in RBC’s enterprise policies. This requires partnering with Corporate Treasury London and Treasury Services London to understand the impact of new and changed regulations and to communicate any issues clearly to management.

Responsibilities

Providing independent regional oversight for Liquidity and Interest Rate Risk in the Banking Book in UK and Europe, ensuring compliance with policies and regulations.
Independently reviewing methodologies, models, parameters, and assumptions used for liquidity and interest rate risk measurement, including stress testing.
Understanding Corporate Treasury’s reporting process and leveraging that knowledge to provide effective review and challenge to those processes and assumptions documents prior to recommending approval.
Working within the local and enterprise governance structure and driving changes to gain efficiencies.
Producing presentations and communications that accurately summarize GRM concerns and conditions of approvals.
Presenting in various committees both on a local and global level.
Keeping up to date on new regulations and summarizing and articulating any concerns and challenging decisions made by Corporate Treasury.
Establishing and maintaining excellent relationships with stakeholders to ensure an effective and collaborative work environment.
Maintaining an organized and up-to-date library of documents for BLSR Europe, including approved local frameworks, policies, assumptions, and regulatory guidance.
Diarizing upcoming committees and package dates, regulatory discussions and submissions, policy refresh due dates, audit point action plan due dates, and all similar events, and prompting relevant contributors to deliver items to BSLR for review in a timely manner, or for BSLR to submit documents in a timely manner.

Requirements

Risk management experience obtained in a financial institution or other comparable environment, including some experience in an enterprise risk management.
Strong academic background.
Strong interpersonal, communication and influencing skills.
Understanding of RBC’s businesses in UK and Europe.
Understanding of liquidity and funding risk.
Strong analytical skills and knowledge of financial models.
Strong understanding of the regulatory environment.
Strong oral and written communication and interpersonal skills.
Ability to work under pressure against tight deadlines.
Independently manage a significant and diverse workload.
Ability to accept accountability, assume leadership and demonstrate initiative.

Skills

Decision Making
Financial Instruments
Group Problem Solving
Market Risk
Performance Management (PM)
Resource Coordination
Risk Management
Waterfall Model

Location

London, United Kingdom

Work Type

Full time
Hybrid

Experience Level

Associate Director

Education Level

Masters' degree in Business/Finance (Nice-to-have)

Benefits

Bonuses
Flexible benefits
Competitive compensation
Coaching and managing opportunities
Opportunities to work with the best in the field
World-class training program in financial services

About the Company

RBC Group is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance.
Success comes from the 84,000+ employees who bring their vision, values and strategy to life so they can help clients thrive and communities prosper.
As Canada’s biggest bank, and one of the largest in the world based on market capitalization, RBC has a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries.
RBC supports a broad range of community initiatives through donations, community investments and employee volunteer activities.

Equal Opportunity

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC.
We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world.
Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities.
RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.