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Associate Director

Associate Director

CompanyRoyal Bank of Canada
LocationNew York, NY, USA
Salary$110000 – $190000
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior

Requirements

  • Bachelor’s degree in finance and economics.
  • 5-8 years’ experience in banking or financial services focused around either in resolution plan management, liquidity risk management, capital management at a financial institution, or as an auditor or consultant for banking clients.
  • Thorough technical analysis capabilities and ability to learn new systems (including databases, forecasting tools and liquidity reporting systems)
  • Ability to learn new systems and integrate Firm data
  • Previous experience with Resolution planning for GSIB/FBO firms
  • Knowledge and understanding of RLEN requirements
  • Ability to think strategically, including with regard to proposed rule makings, impacts, implementations, etc.
  • Strong communication skills and an ability to work across different parts of the Firm toward the goal of successfully managing the Resolution plan and forecast
  • Strong attention to detail and writing skills
  • A general understanding of Python

Responsibilities

  • Responsible for managing the modelling and calculations related to U.S. Resolution with a focus on Liquidity Execution Need (“RLEN”) of a GSIB/FBO.
  • Liaise with different functional groups and businesses in preparation of the resolution model forecast and the downstream users of the forecast.
  • Managing the build out of documentation, white papers and assumptions for the liquidity analysis of the plan.
  • Supporting implementation of the model to manage the liquidity calculations, understanding the requirements to ensure successful integration.
  • Managing the ad hoc, on demand resolution forecast requests and corresponding support of the analysis.
  • Liaise with key stakeholders throughout the life cycle of the plan submission to ensure a compliant and timely plan submission.
  • Facilitate testing of new Firm systems to enable successful onboarding of forecasting capabilities, raise/escalate issues for remediation and timely remediation.

Preferred Qualifications

  • Experience in Resolution Planning, Capital Planning, or CCAR stress testing for financial institutions.
  • Experience in Workiva, Tableau or Alteryx