Director, ALM Market Risk

Job Description

What is the opportunity?

The Director will lead the strategy and execution of the next horizon of ALM Risk (Market Risk in the Banking Book and IRRBB) data strategy, driving the transformation and change management associated with our risk practices.

• This role is also responsible for building and leading the Second Line of Defense ALM Risk transformation function, ensuring an efficient and clear expansion of ALM Risk team's capacity to monitor and perform analysis including stress testing on Corporate Treasury and Banking Book exposures.
• This role is responsible for providing risk management guidance, data strategy and solutioning to consolidate Banking Book risk metrics across the Bank for reporting and analytics.

What will you do?

Create the strategy and roadmap of the future state of ALM Risk IT Infrastructure and drives the transformation, change management and data strategy.

• Define the goals for the data ecosystem that align with broader Market 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.
• Be 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 ALM Risk 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 and thought leadership with respect to business optimization and benefit measurement, including strong data management skills and knowledge of technology.
• Prior experience in risk management or financial areas and strong understanding of RBC risk practices.
• Excellent communication, business writing skills, negotiation and stakeholder management skills, program delivery, project execution the ability to disrupt and challenge the status quo.
• Strategic mindset and ability to synthesize information to frame messages effectively for senior leadership, as well as strong people leadership.
• University degree or equivalent experience in Data technology and automation.

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

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.

Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.