Jobs
>
Toronto

    Associate Director - Toronto, Canada - 0000050176 RBC Capital Markets, LLC

    0000050176 RBC Capital Markets, LLC
    0000050176 RBC Capital Markets, LLC Toronto, Canada

    5 days ago

    Default job background
    Description

    Job Description

    What is the Opportunity? The US GRM-Balance Sheet Risk (US GRM-BSR) group provides independent and effective on-site monitoring, controlling and communication on the nature and extent of all material liquidity risk and banking book market risk (non-trading market risk, interest rate risk in the banking book [IRRBB]) across RBC's Combined US Operations (CUSO), which includes RBC's US branches and agencies, RBC's Intermediate Holding Company (RIHC) and its material entities: RBC Capital Markets LLC (CM LLC), City National Bank (CNB), RBC Bank Georgia, N.A. (RBC Bank). The group is relied up to ensure the implementation of and compliance with risk management policies and procedures.The incumbent will support the Lead, US ALM Risk Management and the Head, US GRM-BSR in the oversight of banking book market risk across RBC CUSO as part of the Group Risk Management (GRM) mandate and will promote a "Best of Class" risk oversight environment.The role involves providing complex analytical support for managing risk across large portfolios of assets and liabilities, along with the associated risk factors. The complexity exists at both the RBC CUSO level and within individual legal entities. What will you do?
  • The incumbent is responsible for applying a working level of knowledge of Asset Liability Management (ALM) (also referred to as banking book market risk, non-trading market risk, or interest rate risk in the banking book - IRRBB); a primary responsibility of this role is to provide support to the Lead, ALM Risk Management on matters pertaining to the oversight of the ALM profile and management of CUSO entities.
  • This role will be one of coordination, working within established policies and procedures and assuming responsibility for interpretation and delivery within established policies and procedures.
  • Independently conduct moderately complex routine operations and maintenance support activities.
  • Demonstrate a good understanding of procedures and concepts within ALM and respond to moderately complex functional queries.
  • Adhere to operating policies and procedures and regulatory guidelines and make recommendations within scope of ALM and/or provide input into policy and procedure amendments.
  • Identify and independently resolve moderately complex routine issues in the context of ALM.
  • Analyze data and prepare reports of observations, and relatively simple recommendations based on findings.
  • Generally execute on approved strategy but may assist in the development of strategies/action plans to address technical and competency gaps within oversight of ALM.
  • Ensure a strong control environment by aligning data management, methodology and quantitative models
  • Utilize the Bank's banking book market risk measurement platforms to support risk analytics
  • Implement risk analysis tools to allow for deeper understanding of risk drivers and changes.
  • Understand and quantify the impacts from model and parameter assumptions (quantitative and qualitative) employed within the banking book market risk framework, including deposit duration models, retail pricing models, and loan prepayment models
  • Create consolidated reporting that includes additional sensitivity measures and stress testing, with consistent aggregation and integration across business lines, legal entities, etc.
  • Monitor activities and exposures to ensure adherence to approved policies and limits
  • Regularly review existing policies and limits, proposing updates and revisions where necessary
  • Ensure risk reporting is timely and accurate and changes in risk are properly investigated and understood
  • Provide insight on key risks and exposures versus market trends and potential events to identify and provide insight on emerging risk exposures
    • What do you need to succeed?
  • 2+ years' experience in the financial services sector
  • Bachelor's Degree.
    • Other Required Qualifications:
  • 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 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
  • Excellent problem solving, analytical, organizational, written and oral communication skills
  • Good personal computing skills, with knowledge of MS Office programs
  • Intellectual curiosity, global and strategic mindset with ability to think conceptually
  • Diplomatic and an effective consensus builder. Strong interpersonal skills with ability to develop and maintain relationships across business platforms and control functions of RBC, as well as with external counterparts
  • Ability to meet tight deadlines and work with changing priorities in a dynamic team environment.
    • 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
  • Opportunities to do challenging work
  • Opportunities to build close relationships with clients
    • The good-faith expected salary range for the above position is $110,000 - $190,000 (NJ & Los Angeles) depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:· Drives RBC's high performance culture· Enables collective achievement of our strategic goals· Generates sustainable shareholder returns and above market shareholder value Job Skills Additional Job Details

    Address:

    GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITY

    City:

    Jersey City

    Country:

    United States of America

    Work hours/week:

    40

    Employment Type:

    Platform:

    GROUP RISK MANAGEMENT

    Job Type:

    Regular

    Pay Type:

    Salaried

    Posted Date:

    Application Deadline:

    I nclusion and Equal Opportunity Employment

    At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
    ​​​​​​​
    We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

    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

  • Royal Bank of Canada

    Associate Director

    11 hours ago

    Royal Bank of Canada Toronto, Canada

    **Job Summary** · As Associate Director, you will also query data and develop tools to improve reporting and portfolio management within GRM Wholesale Credit to support risk rating, credit monitoring and adjudication workflows. · **What is the opportunity?** · As Associate Direct ...

  • Tiger Analytics

    Associate Director/director

    1 day ago

    Tiger Analytics Toronto, Canada

    Tiger Analytics is an advanced analytics consulting firm. We are the trusted analytics partner for several Fortune 100 companies, enabling them to generate business value from data. Our consultants bring deep expertise in Data Science, Machine Learning and AI. Our business value ...

  • Royal Bank of Canada

    Associate Director

    11 hours ago

    Royal Bank of Canada Toronto, Canada

    **Job Summary** · **What is the opportunity?** · The Associate Director role will support the Financial Control team on month end close, financial reporting and ad hoc tasks as assigned. · **What you will do?** · Manage a team of two individuals covering the following tasks: · - ...

  • Royal Bank of Canada

    Associate Director

    2 days ago

    Royal Bank of Canada Toronto, Canada

    **Job Summary** · **What is the opportunity?** · As an Associate Director (AD), you will be part of RBC Capital Markets Compliance Advisory Team. The team is responsible for implementing and maintaining, within the context of RBC's Enterprise Compliance Management Framework, of c ...

  • Royal Bank of Canada

    Associate Director

    11 hours ago

    Royal Bank of Canada Toronto, Canada

    **Job Summary** · Group Risk Management-Wholesale Credit focuses on risk assessment and adjudication of challenging Capital Markets and Corporate Client Group transactions across the globe. Your intellectual curiosity and drive to understand complex corporate credits will help yo ...

  • Gartner

    Associate Director

    1 week ago

    Gartner Toronto, Canada

    **Description**: · **Who we are** · Gartner's Consulting business is an **_extension _**of Gartner's industry-leading IT Research. From CIOs, to leaders in business and government, we help Gartner clients across enterprises translate insights into transformational actions and ach ...

  • Royal Bank of Canada

    Associate Director

    2 days ago

    Royal Bank of Canada Toronto, Canada

    **Job Summary** · Develops and implements global risk management reports, systems, and processes to minimize investments risks. Applies extensive, in-depth knowledge, skills, and practices to perform complex assignments. · **What is the Opportunity?**: · **This role is part of Gr ...

  • Royal Bank of Canada

    Associate Director

    6 days ago

    Royal Bank of Canada Toronto, Canada

    **Job Summary** · Implements the finance institution's asset/liability evaluation, especially the analysis of interest rate risk and liquidity risk, following established policies and standards. Applies extensive, in-depth knowledge, skills, and practices to perform complex assig ...

  • Royal Bank of Canada

    Associate Director

    6 days ago

    Royal Bank of Canada Toronto, Canada

    **Job Summary** · Develops and implements global risk management reports, systems, and processes to minimize investments risks. Applies extensive, in-depth knowledge, skills, and practices to perform complex assignments. · **What is the Opportunity?**: · **This role is part of Gr ...

  • Colliers

    Associate Director, Marketing

    3 days ago

    Colliers Toronto, Canada

    Make your next move an expert one. · At Colliers it's not our success that sets us apart, it's how we achieve it. Our people are passionate, take ownership and always do what's right for our clients, people and communities. · Why Colliers? · Our enterprising environment needs you ...

  • Greater Toronto Airports Authority

    Associate Director, Environment

    1 week ago

    Greater Toronto Airports Authority Toronto, Canada

    **Your way forward: Join Canada's busiest airport as our next Associate Director, Environment** · Do you want to help transform Toronto Pearson into the global airport of the future? We're committed to becoming one of the most advanced, sustainable, and passenger-friendly airport ...

  • COWI

    Associate Technical Director

    1 day ago

    COWI Toronto, Canada

    Application deadline**:18 April 2024** - Canada - Location: Toronto, ON - Infrastructure & Transportation · **Associate Technical Director - Tunnels** · Toronto · Regular, Full time · Hybrid · **_ Do you want to join one of the leading consulting companies, creating value for cus ...

  • advertience Inc.

    Associate Director, Digital

    1 week ago

    advertience Inc. Toronto, Canada

    **Posting Date**:March 11th, 2024 · **Title**:Associate Director, Digital · **COMPANY** · advertience ('advertising + science') is a digital marketing consultancy that delivers digital · marketing services in Media, Creative Services, Analytics and Consulting. Driven by data, · a ...

  • Royal Bank of Canada

    Associate Director, Css

    1 week ago

    Royal Bank of Canada Toronto, Canada

    **Job Summary** · **What is the opportunity?** · As an integral member of the Compliance Shared Services team, the Associate Director helps support the Managing Director, Compliance Shared Services for Canada and the Caribbean. The role will be responsible for assisting with the ...

  • Royal Bank of Canada

    Associate Branch Director

    6 days ago

    Royal Bank of Canada Toronto, Canada

    **Job Summary** · **What is the Opportunity?** · With C$400 billion in assets under administration, RBC Dominion Securities is Canadian's leading in wealth management firm. While investment management is the core offering, our 1,800 investment professionals also provide a full sc ...

  • Info-Tech Research Group International

    Associate Commercial Director

    2 days ago

    Info-Tech Research Group International Toronto, Canada

    **About us**: · Info-Tech Research Group delivers impartial, highly pertinent IT research, enabling CIOs and IT leaders to make well-informed, strategic decisions. We are currently serving over 30,000 professionals and collaborate closely with IT teams, equipping them with action ...

  • Healthcare of Ontario Pension Plan (HOOPP)

    Associate Director, Communications

    1 week ago

    Healthcare of Ontario Pension Plan (HOOPP) Toronto, Canada

    Why you'll love working here: · - high-performance, people-focused culture- our commitment that equity, diversity, and inclusion are fundamental to our work environment and business success, which helps employees feel valued and empowered to be their authentic selves- learning an ...

  • Assembly

    Associate Director, Measurement

    6 days ago

    Assembly Toronto, Canada

    We are Assembly, the modern global media agency that's part of Stagwell, the challenger network built to transform marketing. We're purpose-led through our core, and we help brands build connections with people through culturally relevant media experiences. We're at the cutting e ...

  • Royal Bank of Canada

    Associate Director, Distribution

    11 hours ago

    Royal Bank of Canada Toronto, Canada

    **Job Summary** · **What is the opportunity?** · The incumbent will be responsible for the planning and production of distribution calculation and other tax deliverables for our investment fund clients. In order to be successful the incumbent must have a thorough understanding of ...

  • Scotiabank

    Associate Director, Credit Solutions

    5 days ago

    Scotiabank Toronto, Canada

    **Requisition ID**: 195389 · Roynat Capital, a wholly owned subsidiary of Scotiabank, is a national lender and investor with expertise in providing innovative long-term capital solutions for mid-sized companies utilizing senior term, subordinated debt, as well as mezzanine capita ...