Senior Manager, Liquidity Risk Measurement

Job Description

What is the opportunity?

Reporting to the Director, Treasury Risk Management, the Senior Manager, Liquidity Risk Measurement oversees the effective use, development, and maintenance of Corporate Treasury's (CT) QRM risk engine for liquidity risk measurement. You will maintain close partnerships with GRM, CT Risk Infrastructure, CT FTP, CT Liquidity Parameterization teams, and finance groups across the organization. This role combines strong technical knowledge of data, financial modelling, and liquidity risk management to translate complex results and methodologies for key stakeholders. The role also supports regulatory change analysis and audit documentation for GRM and audit functions.

What will you do?

• Ensure data accuracy, completeness, and integrity for QRM model implementation.
• Manage the end-to-end production processes and data lineage for investigation support, inclusive of process design recommendations.
• Co-ordinate change management efforts and UAT testing with IT, CT Risk Infrastructure team, Liquidity Risk Measurement team, and GRM.
• Participate in the enterprise's Liquidity Recovery and Resolution plan.
• Stay abreast of various changes in the regulatory requirements and provide impact analyses to senior management.
• Act as the subject matter expert on the end-to-end liquidity process, including identifying which levers to adjust and their downstream impact.
• Investigate data and model issues, tracing backwards through inputs to find root causes, supporting resolution.
• Write and run complex SQL queries, including window functions and aggregations, to validate and analyze data inputs.
• Independently test and explore models to understand which variables drive results, and proactively investigate anomalies.
• Partner with Liquidity, IRR, and FTP teams and GRM stakeholders on liquidity methodology and interdependencies.
• Maintain liquidity documentation on an annual basis to support GRM assessments and compliance requirements.
• Support audit requests and provide detailed technical responses when required, supporting reporting teams during year-end close.

What do you need to succeed?

Must-haves

• Bachelor's degree in a technical field such as engineering, mathematics, or science. A graduate degree or MBA is preferred.
• Knowledge of banking/ capital market products and their appropriate valuation techniques.
• Understanding of balance sheet composition and product behavior effects on key liquidity metrics.
• Advanced SQL proficiency.
• Experience with programming languages.
• Strong analytical, systematic, and conceptual thinking, with the ability to solve complex problems.
• Highly polished communication skills, teamwork, results orientation, and initiative.

Nice-to-haves

• CFA, FRM, or similar professional certification.
• Proficiency in Tableau and Snowflake.

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
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in an agile, collaborative, progressive, and high-performing team
• The opportunity to interface with senior level executives from many different parts of the organization

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

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.