Associate Director – Liquidity Analytics & Wholesale FTP – Governance Lead

What is the opportunity?

The Liquidity Analytics team within RBC Corporate Treasury leads the enterprise liquidity research and parameterization of the full suite of retail and wholesale banking and trading products. This research work helps the bank identify liquidity and funding risks and cost effectively positions the balance sheet to withstand a wide variety of normal and stressed market conditions. The team is also responsible for transfer pricing methodologies applicable to the Capital Markets platform.

As part of a dynamic team, the Associate Director will be responsible for managing the documentation, governance and project management needs of an expanding product suite and its associated liquidity risks. The incumbent will support the Head of Liquidity analytics and Wholesale FTP to achieve strategic alignment across various stakeholders within Corporate Treasury and Capital Markets, as well as Group Risk Management and Internal Audit. A key anchor project initially will be implementing a cloud-based task, workflow, project management system for tracking parameter paper submissions, GRM feedback, approval status and conditions, and issue tracking, with knock-on reporting capabilities for tracking KPI’s etc. The successful candidate will travel alongside the majority of the department’s projects to assist wherever necessary to ensure deliverable timelines are met.

**This is a 14 month contract position**

What you will do?

• Responsible for the management of governance activities for the Liquidity Analytics and Wholesale Funds Transfer Pricing ‘FTP’ group, including the development of board, committee, and senior management reporting as required.
• The incumbent will be the primary owner of parameter project plan tracking across internal metrics (NCF, ILM) as well as regulatory documentation (NCCF, LCR, and NSFR Type 2/3 deliverables) to ensure timely delivery of all of the department’s research obligations.
• Also the primary owner of several Wholesale FTP remediation project workstreams, ensuring specialists within the team, as well as stakeholders in other business lines or functional departments are aligned on deliverables and timelines.
• Assist the Head, Liquidity Analytics and Wholesale FTP to set meeting agendas, take meeting minutes, and collect, validate, and distribute meeting materials.
• Work closely with key stakeholders in other governance functions and front office business managers to set agendas, communicate and distribute materials to senior management, triage business needs, and help establish prioritization for the Liquidity Analytics and Wholesale FTP workload to maximize its impact on enhancing the balance sheet through prudent risk management and funding efficiency.
• Prepare, present and steer governance materials and parameter research documents through the approval process with senior management and committees, ensuring all relevant stakeholders have been engaged in a timely fashion and holding other parties accountable to project timelines, and maintaining an accurate inventory of approval confirmations.
• Design, build, and establish a best practice reporting standard for all governance, and project management needs of the parameter and wholesale FTP ecosystem to ensure that the most relevant and time sensitive issues are easily recognizable by senior management and therefore properly addressed.
• Work closely with measurement teams to ensure documented parameters are implemented within policy timelines and haircuts, time bucketing, and other parameterized risk features match approved documentation.
• Facilitate tracking and closure of risk management, audit and/or regulatory findings as needed.
• Establish parameter and FTP procedure documentation, maintain documentation templates, and research best practices in documentation

What you need to succeed?

Must Have

• Bachelor’s Degree
• Extensive and comprehensive regulatory knowledge and expertise (3+ year minimum)
• 5+ years’ work experience in risk management, audit, or related field
• Excellent judgment and analytical skills
• Excellent written and oral communication skills
• Highly organized and detail oriented
• Able to work independently and reliably
• Strong project management skills with the ability to manage several projects simultaneously
• Ability to interact with regulators
• Strong Excel and PowerPoint skills required

Nice to Have

• Experience with implementing workflow management software to improve task tracking and overall organization and productivity

Job Skills

Additional Job Details

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

Inclusion 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.