Associate, US Resolution Planning

Job Description

What is the opportunity?

This individual will support the RBC USA's Resolution Planning and Submission with a focus on the liquidity forecast and modelling resolution assumptions in accordance with FRB requirements.

What will you do?

• 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.
• Assist with 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.
• Assist with testing of new Firm systems to enable successful onboarding of forecasting capabilities, raise/escalate issues for remediation and timely remediation.

What do you need to succeed?

Must-Have

• Bachelor’s degree in finance and economics.
• 3-5 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.
• Technical analysis capabilities and ability to learn new systems
• Ability to learn new systems and integrate Firm data
• 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

Nice to Have:

• Experience in Resolution Planning, Capital Planning, or CCAR stress testing for financial institutions.
• Knowledge and understanding of RLEN requirements
• Experience in Workiva, Tableau or Alteryx

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 competitive compensation, bonuses, and flexible benefits
• Continued opportunities for career advancement
• World-class sales training, coaching, and development opportunities
• Support from a dynamic, collaborative, progressive, and high performing team, as well as world-class tools and training
• Opportunity to achieve great success and grow your career with RBC

The good-faith expected salary range for the above position is $80,000 - $135,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs.  This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

·       Drives RBC’s high performance culture

·       Enables collective achievement of our strategic goals

·       Generates sustainable shareholder returns and above market shareholder value

#LI-POST

Job Skills

Business Analytics, Commercial Acumen, Critical Thinking, Decision Making, Group Problem Solving, Predictive Analytics, Risk Management, Statistical Analysis, Strategic Thinking, Treasury Management

Additional Job Details

Address:

BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK

City:

New York

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

OFFICE OF THE CFO

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-12-20