Job Summary

Job Description

What is the opportunity?

This individual will serve as drafting lead for U.S. Resolution Plan specific chapter on financial forecast, with a focus on resolution strategy and scenario. They will be the key support for resolution liquidity (RLEN), resolution capital (RCEN) and other resolution forecast projects along with leading on key financial frameworks pertaining to resolution planning.

What will you do?

Preparing initial drafts of the U.S. Resolution Plan financial forecast chapter.Performing quality assurance reviews to drive professional and consistent work product.Incorporating feedback from key stakeholders, senior management, and the Board of Directors.Liaising with key stakeholders in between filing periods to ensure points of contact and content pertaining to the U.S. Resolution Plan remain relevant; andConducting ad-hoc analysis or tasks in support of the U.S. Resolution Plan narrative.Facilitating periodic validation of key U.S. Resolution planning assumptionsConducting sensitivity analysis on U.S. Resolution Forecast.Support business as usual activities pertaining to the informational and supplemental filings of subsidiary Bank entity.Lead continuous improvement/automation projects in U.S. Resolution ForecastingLiaise with U.S. Treasury, Liquidity Risk Management and Capital Planning to develop a automation strategy focused on the frequent estimates of resolution liquidity (RLEN/RLAP).Work with inhouse technology team to develop a solution focused on periodic estimates of resolution capital (RCEN/RCAP).Facilitate capability testing for running a resolution type scenario and report the outcomes thereon.Execute on strategic initiatives, as needed, in support of the long-term operating model of the Resolution Plan Team.Review regulatory guidance and industry news to identify resolution planning requirements, best practices, and trends.

What do you need to succeed?

Must-Have

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.Detail-oriented and able to facilitate development of firm-wide framework for resolution planning.Expertise in independent production of management-ready documentation work products including prior experience in drafting significant policies, procedures, or chapters.Strong interpersonal skills and ability to work effectively across multiple functions.Strong abilities in Microsoft Office suite (Excel, PowerPoint, Word).

Nice to Have:

Experience in Resolution Planning, Capital Planning, or CCAR stress testing for financial institutions.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 benefitsContinued opportunities for career advancementWorld-class sales training, coaching, and development opportunitiesSupport from a dynamic, collaborative, progressive, and high performing team, as well as world-class tools and trainingOpportunity to achieve great success and grow your career with RBC

The good-faith expected salary range for the above position is $110,000 - $190,000 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

#LI-Hybrid

Job Skills

Ad Hoc Analysis, Audits Compliance, Business, Critical Thinking, Detail-Oriented, Financial Forecasting, Financial Reporting and Analysis, Industry Knowledge, Internal Controls, Knowledge Organization, Liquidity Risk, People Management, Planning Ability, Resolution Planning, Risk Management, Strategic Initiative, Teamwork

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:

2024-10-31

Application Deadline:

2024-12-25

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
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We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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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.