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Director, ALM Market Risk

RBC3 days ago
Toronto, ON
Senior Level
full_time

Top Benefits

Total Rewards Program with bonuses and flexible benefits
Competitive compensation package
Flexible work/life balance options

About the role

Job Description

What is the opportunity?

The Director will lead the strategy and execution of the next horizon of our data strategy, driving the transformation and change management associated with our risk practices.

  • This role is responsible for providing risk management guidance, data strategy and solutioning to consolidate Banking Book risk metrics across the enterprise for reporting and analytics (Market Risk in the Banking Book and IRRBB).
  • This role is also responsible for building and leading the ALM Risk transformation function, ensuring an efficient and clear expansion of BSLR’s capacity to monitor and perform analysis including stress testing on Corporate Treasury and Banking Book exposures.

What will you do?

  • Creates the strategy and roadmap of the future state and drives the transformation, change management and data strategy.
  • Defines the goals for the data ecosystem that align with broader MCCR Risk Modernization projects. This includes building both short- and long-term strategies; mapping out data sources; defining key performance indicators to measure success; determining the prioritization of features that fall within the data scope; and tracking usage to identify opportunities for improvement.
  • Responsible for the development of the automated tools that consolidate risk exposures and metrics of the Banking Book, into a centralized SQL database, streamlining reporting capabilities and enabling rollout to the broader BSLR team.
  • Drive the automation of risk data ETL and reporting processes to increase the capacity of the existing team and drive efficiencies.
  • Lead the creation of self-serve dashboards and reporting covering Market Risk and IRRBB.
  • Lead project prioritization to enable completion of critical work to drive financial benefits and offer an enhanced stakeholder experience.
  • Recommend tools and technology to enhance the existing processes.
  • Lead the documentation of the procedures and operational guides for the end-to-end processes and implementation.

What do you need to succeed?

Must-have

  • Deep expertise/thought leadership with respect to business optimization and benefit measurement. Strong Data management skills and knowledge of technology, prior experience in a risk management or financial areas and strong understanding of RBC risk practices.
  • University degree or equivalent experience in Data technology and automation.
  • Excellent communication, business writing skills, negotiation and stakeholder management skills, program delivery and project execution.
  • Strategic mindset and ability to synthesize information to frame messages effectively for senior leadership.
  • Strong people leadership and change leadership skills. Ability to disrupt and challenge the status quo.

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
  • Flexible work/life balance options

Job Skills

Analytics, Business Analytics, Business Optimization, Change Leadership, Change Management, Corporate Treasury, Data ETL, Data Management, Data Strategies, Derivatives, Ecosystems, Effectiveness Measurement, Finance, Investment Banking Analysis, Long Term Planning, Market Analysis, Market Risk, People Leadership, Prioritization, Project Implementations, Results-Oriented, Risk Management, RiskMetrics, Stakeholder 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:

2025-10-27

Application Deadline:

2025-11-08

Note**:** Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

I****nclusion and Equal Opportunity Employment

At 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.

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About RBC

Banking
10,000+

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.

http://rbc.com/legalstuff.

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.

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