Associate Director, Banking Book Market Risk Management
3 weeks ago
Job Title: Associate Director, Banking Book Market Risk Management
Job Summary:
We are seeking a highly skilled Associate Director, Banking Book Market Risk Management to join our team at RBC Capital Markets, LLC. The successful candidate will be responsible for providing independent and effective on-site monitoring, controlling, and communication on the nature and extent of all material liquidity risk and banking book market risk across RBC’s Combined US Operations.
Key Responsibilities:
- Providing complex analytical support for managing risk across large portfolios of assets and liabilities
- Applying a working level of knowledge of Asset Liability Management (ALM) and providing support to the Lead, ALM Risk Management on matters pertaining to the oversight of the ALM profile and management of CUSO entities
- Independently conducting moderately complex routine operations and maintenance support activities
- Responding to moderately complex functional queries and adhering to operating policies and procedures and regulatory guidelines
- Identifying and independently resolving moderately complex routine issues in the context of ALM
- Analyzing data and preparing reports of observations and relatively simple recommendations based on findings
- Ensuring a strong control environment by aligning data management, methodology, and quantitative models
- Utilizing the Bank's banking book market risk measurement platforms to support risk analytics
Requirements:
- 2+ years' experience in the financial services sector
- Bachelor's Degree
- Knowledge and experience in ALM and interest rate risk management at a large financial institution
- Knowledge of and experience with US bank regulations for liquidity, capital, and interest rate risk management
- Excellent oral and written communication skills
- Strong understanding of risks in the financial services sector, effective risk management approaches, and global risk issues
- Strong record of work experience in the financial service industry with good exposure to operational processes, financial products, credit, and/or risk management activities
- Self-starter with the ability to work independently and in an organized manner, with attention to detail, prioritize, and handle multiple work streams
About RBC Capital Markets, LLC:
RBC Capital Markets, LLC is a leading financial services company that provides a wide range of financial products and services to institutional clients. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work.
What We Offer:
- 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
- Opportunities to do challenging work
- Opportunities to build close relationships with clients
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