Job Description
What is the opportunity?
The Manager, IRRBB Measurement supports RBC compliance with OSFI’s B‑12 guidelines along with BCBS 368 (IRRBB) regulations. The scope of the position includes the Domestic banking subsidiaries. Interest rate risk is the largest market risk inherent in the structural balance sheet, and its effective measurement is necessary for the preservation of shareholder value and the stability of net interest income. This position brings highly specialized knowledge and expertise in the development of models and processes related to measurement and evaluation of interest rate risks.
What you will do?
- Leverage expertise in risk and performance measurement of the retail and wholesale products in Canada, the US, the UK, and the EU.
- Maintain and improve processes supporting RBC’s leadership in balance‑sheet management by providing cutting‑edge expertise in risk and performance measurement and a deep understanding of the retail ...