Associate Director, Recovery & Resolution Planning
Royal Bank of Canada View all jobs
- Toronto, ON
- Permanent
- Full-time
- Manage and enhance the development, coordination and completion of the assigned elements of RBC’s recovery and resolution planning initiatives (the “Plans” or “RRP”), including the Plans themselves in addition to relating testing, work plan and integration analyses, within a largely decentralized cross-enterprise operating framework.
- Assist in preparing RRP items for Global Recovery & Resolution Oversight Committee, senior internal and external stakeholders, including Group Executive, Board of Directors, and regulators (OSFI, CDIC, European Central Bank, Bank of England) in addition to annual or more frequent Crisis Management Groups.
- Drive and support the implementation of RRP strategy across segment, line of business and subsidiary levels, providing ongoing support and subject matter expertise in addition to managing related RRP component working groups.
- Assist in the integration of relevant RRP elements into related RBC-wide processes, policies and frameworks, including financial crisis management, strategic plans, and Risk Appetite.
- Support, critically review and assess segment and subsidiary level RRP and its alignment to RBC Group RRP (strategic, financial, legal, capital and liquidity planning)
- Proactively analyze RRP learnings to identify opportunities for improvements to recoverability and resolvability of RBC and its subsidiaries.
- Support regulatory requests and ongoing communication with Canadian and global regulators, notably RBC’s Crisis Management Group.
- Evaluate strategic initiatives and regulatory developments covering business strategies, financial outlook, capital and liquidity planning in addition to changes in RBC’s corporate and legal structure in collaboration with senior management, line of business representatives, Finance, Internal Audit, Law, Corporate Treasury, Enterprise Strategy, Corporate Development and GRM teams to ensure RRP remains evergreen, relevant and actionable.
- Post-secondary education in Finance, Economics, Accounting or a related field.
- Quantitative background with 5-7 years of experience in banking businesses, Risk Management, Finance, Corporate Treasury Consulting or other related fields
- Experience with modern analytical and Data Visualization tools such as Python (Matplotlib, Plotly, Seaborn), GitHub and Tableau
- Knowledge of AI (e.g. Python), Tableau and creative/content-based tools (e.g. Adobe) or willingness to learn
- Proficient in SQL, Excel, Word, and PowerPoint
- Ability to design and deliver compelling presentations to senior management and other stakeholders
- Excellent writing, communication, stakeholder management and presentation skills
- Organized self-starter with strong conceptual, analytical, and problem-solving skills, positive & collaborative mindset to take initiative and drive results
- Graduate degree in a relevant field (e.g. Finance, Law)
- CA, CFA, JD, FRM or other professional designations
- A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
- Leaders who support your development through coaching and managing opportunities
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- A world-class training program in financial services
- Flexible work/life balance options
- Opportunities to do challenging work