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Managing Director, Enterprise Liquidity Measurement

Employer
RBC.
Location
Toronto, Canada
Salary
Competitive
Closing date
Aug 25, 2019

View more

Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
What is the opportunity?

As MD Enterprise Liquidity Measurement, you will lead enterprise liquidity risk measurement department, and oversee the production of liquidity risk measures and standard liquidity stress tests. In partnership with IT, manage the data, systems and databases used for enterprise and select regional liquidity risk measurement. You will ensure measurement assumptions for liquidity risk measures align to regulatory requirements, and approved internal model assumptions as well support the regions by providing access to appropriate subsets of the liquidity database information, calculations, and accessible reporting and stress tools

What will you do?
  • Oversee the production of accurate and timely liquidity metrics and reports versus limits for wholesale risk reporting. These metrics include:
    • Liquidity Coverage Ratio
    • Net Stable Funding Rati
    • Internal Liquidity Metric
    • Net Cash Flow
    • Net Cumulative Cash Flow
    • Illiquid asset reports
    • Pledging information
    • Standard stress test results
    • Funding concentration reports
  • Ownership of the data reconciliation of the "big data" database and systems infrastructure required to support liquidity measurement, including:
    • Data management
    • Analytical tools
    • Reporting infrastructure
  • Ownership of forecasting tools to project liquidity metrics based on Plan/Forecast
  • Act as the primary contact with regulators, auditors, and GRM with respect to the enterprise liquidity information.
  • Draft disclosures of liquidity metrics in conjunction with other internal stakeholders.
  • Partner with other CT groups, regional treasuries and IT to ensure that data acquisition and analytical and reporting infrastructure continues to meet the enterprise's liquidity management and reporting requirements.

What do you need to succeed?
Must-Have
  • A degree in a quantitative field (Maths, Finance, Accounting); CFA/FRM designations considered a plus.
  • Knowledge of liquidity risk and regulations
  • Experience in implementing data and analytical solutions.
  • Experience managing large IT infrastructure and projects.
  • Experience leading a team in a high volume production environment.
  • Advanced knowledge of retail and Capital Markets products, including:
    • Deposits and lending portfolios
    • Securities lending, collateral swaps, pledging and repos
    • Derivatives
    • Complex structured products
  • Experience with reconciling data
  • Control mindset
  • Superior organizational skills
  • Superior oral and written communication skills

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 and 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 and create value adding change.


About RBC
Royal Bank of Canada is Canada's largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America's leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit rbc.com .

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Inclusion and Equal Opportunity Employment
RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.

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