Director ALM Risk at Dr Bill RBC Ventures

Toronto, Ontario, Canada -

Full Time

Start Date

Immediate

Expiry Date

07 Jun, 26

Salary

0.0

Posted On

09 Mar, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Business Analytics, Business Risks, Derivatives, Effectiveness Measurement, Financial Risk, Interest Rate Risk, Investment Banking Analysis, Long Term Planning, Market Analysis, Market Risk, Pension Risk, Results-Oriented, Risk Insurance, Risk Management, SQL, Python

Industry

Banking

Description

Job Description What is the opportunity? The Director is responsible for overseeing the bank’s balance sheet risk management framework, including interest rate risk in the banking book (IRRBB&MR) across different business lines and regions where RBC operates. Provides risk management oversight and guidance to the different business lines through an independent and effective monitoring, controlling, and communicating of all material market risk positions- including developments, trends and concentrations; and ensures implementation of and compliance with risk management policies. The Director will Partner closely with Treasury, non-trading portfolios, Finance, and business units to ensure robust risk identification, measurement, monitoring, and reporting processes related to asset-liability management. What will you do? Develop and strengthen market risk practices and key oversight programs within ALM non-trading businesses, conduct reasonability reviews of risk assessments Provide senior management with forward-looking analysis on potential market developments, risk concentrations, and emerging trends that could result in significant financial losses under adverse conditions. Present aggregated balance sheet risk metrics across all regions and business lines. Perform gap analysis to identify remediation plans for adherence to internal policies and compliance with local and international regulatory requirements. Conduct regular reviews of the Risk Appetite and Risk Limits frameworks to ensure risks are appropriately managed and tolerances are calibrated at the enterprise and key business line levels. Act as a key business partner to first- and second-line functions. Assess the impact of macroeconomic scenarios on earnings and capital Enhance risk analytics and reporting dashboards for senior management and Board visibility. What do you need to succeed? Must-have Deep expertise and of bank of trading non-trading businesses’ balance sheet composition. Deep understanding of trading and non-trading market risks as well as of the financial markets, trading businesses, exchange traded and over the counter markets. Prior experience in risk management or financial areas and strong understanding of RBC risk practices. MBA, MS or equivalent, with emphasis in finance, economics or a quantitative discipline. CFA, CA or other related professional qualifications. Thorough knowledge of traded products including derivatives and their associated risks. Excellent knowledge of MS Excel, familiarity with SQL and database programs, and programming languages such as Python and Visual Basic. Excellent communication, business writing skills, negotiation and stakeholder management skills, program delivery, project execution the ability to disrupt and challenge the status quo. Strategic mindset and ability to synthesize information to frame messages effectively for senior leadership, as well as strong people leadership. Nice-to-have MBA, MA or MS or equivalent with emphasis in finance, economics or a quantitative discipline (CFA, FRM or other related professional qualifications). Deep understanding of the bank’s balance sheet composition and business lines. 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 Leaders who support your development through coaching and managing opportunities Work in a dynamic, collaborative, progressive, and high-performing team Opportunities to do challenging work Job Skills Business Analytics, Business Risks, Derivatives, Effectiveness Measurement, Financial Risk, Interest Rate Risk, Investment Banking Analysis, Long Term Planning, Market Analysis, Market Risk, Pension Risk, Results-Oriented, Risk Insurance, Risk Management Additional Job Details Address: ROYAL BANK PLAZA, 200 BAY ST:TORONTO City: Toronto Country: Canada Work hours/week: 37.5 Employment Type: Full time Platform: GROUP RISK MANAGEMENT Job Type: Regular Pay Type: Salaried Posted Date: 2026-03-09 Application Deadline: 2026-03-28 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Our Employment Opportunities 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. Join our Talent Community Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com. RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail. Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have 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. Learn more at rbc.com.‎ We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.

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Responsibilities

The Director is responsible for overseeing the bank’s balance sheet risk management framework, specifically interest rate risk in the banking book (IRRBB&MR) across various business lines and regions. This involves providing independent risk management oversight, monitoring, controlling, and communicating material market risk positions, and ensuring compliance with risk management policies.