Senior Director & Head, Research and Asset Allocation
Top Benefits
About the role
Job Description
What is the opportunity?
As the Senior Director & Head, Research and Asset Allocation, you will lead a vertical in the Chief Investment Office of RBC Insurance, which focuses on the deployment of capital from the CIO office, including (but not limited to) investment grade public, private debt, infrastructure finance, private credit and structured product research.
What will you do?
- Oversee staff that are responsible for the fundamentals analysis of credit exposure from a factor model perspective to CUSIP/loan level analytics
- Oversee staff that are responsible for the fundamental credit review of all capital deployment under the CIO purview
- Execute private placement and external manager deployment
- Present a holistic credit strategy to the Global Investment Committees, Enterprise Risk Management and Insurance Boards
- Drive thought leadership on asset allocation across general and passthrough accounts
- Be the face of the CIO group to street research, private placement, and alternative asset managers
- Partner with the trading team to develop execution strategies and propose ongoing portfolio optimization trades (within appropriate Asset Liability Management frameworks)
- Partner with the fund management group to ensure risk limit frameworks are in place to execute the strategy
- Partner with the data/analytics team to create analytical frameworks for credit exposure and develop ongoing reporting standards
What do you need to succeed?
Must-have
- Tenured Buy or Sell Side Public Markets (Investment Grade/High Yield) Research Experience
- Experience in evaluating Public/Private/Alternative asset classes
- Working knowledge of Data Science (Python, Snowflake, Tableau)
- Culture Carrier – leading by example with an inclusive, collaborative agile mindset
- Technical master’s degree
Nice-to-have
- CFA, CAIA Designations
- A portfolio of deployed alternative assets (direct or via external managers)
- Knowledge of structured product evaluation tools: Intex, Yieldbook, Thetica
- Deep understanding of CAR and LICAT capital guidelines
- People Management Experience
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
- RBCI software tools to boost your productivity
- Leaders who support your development through coaching and managing opportunities
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to take on progressively greater accountabilities
- Access to a variety of job opportunities across business and geographies
About RBC
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 94,000+ employees who leverage their imaginations and insights to 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 our more than 17 million clients in Canada, the U.S. and 27 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 www.rbc.com/community-social-impact.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.
Senior Director & Head, Research and Asset Allocation
Top Benefits
About the role
Job Description
What is the opportunity?
As the Senior Director & Head, Research and Asset Allocation, you will lead a vertical in the Chief Investment Office of RBC Insurance, which focuses on the deployment of capital from the CIO office, including (but not limited to) investment grade public, private debt, infrastructure finance, private credit and structured product research.
What will you do?
- Oversee staff that are responsible for the fundamentals analysis of credit exposure from a factor model perspective to CUSIP/loan level analytics
- Oversee staff that are responsible for the fundamental credit review of all capital deployment under the CIO purview
- Execute private placement and external manager deployment
- Present a holistic credit strategy to the Global Investment Committees, Enterprise Risk Management and Insurance Boards
- Drive thought leadership on asset allocation across general and passthrough accounts
- Be the face of the CIO group to street research, private placement, and alternative asset managers
- Partner with the trading team to develop execution strategies and propose ongoing portfolio optimization trades (within appropriate Asset Liability Management frameworks)
- Partner with the fund management group to ensure risk limit frameworks are in place to execute the strategy
- Partner with the data/analytics team to create analytical frameworks for credit exposure and develop ongoing reporting standards
What do you need to succeed?
Must-have
- Tenured Buy or Sell Side Public Markets (Investment Grade/High Yield) Research Experience
- Experience in evaluating Public/Private/Alternative asset classes
- Working knowledge of Data Science (Python, Snowflake, Tableau)
- Culture Carrier – leading by example with an inclusive, collaborative agile mindset
- Technical master’s degree
Nice-to-have
- CFA, CAIA Designations
- A portfolio of deployed alternative assets (direct or via external managers)
- Knowledge of structured product evaluation tools: Intex, Yieldbook, Thetica
- Deep understanding of CAR and LICAT capital guidelines
- People Management Experience
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
- RBCI software tools to boost your productivity
- Leaders who support your development through coaching and managing opportunities
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to take on progressively greater accountabilities
- Access to a variety of job opportunities across business and geographies
About RBC
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 94,000+ employees who leverage their imaginations and insights to 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 our more than 17 million clients in Canada, the U.S. and 27 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 www.rbc.com/community-social-impact.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.