US ALM Risk Manager, RBC Capital Markets, LLC, Jersey City, NJ
🇨🇦RBC
Job Description
Job Description US ALM Risk Manager, RBC Capital Markets, LLC, Jersey City, NJ: Analyze data and prepare reports of observations, and provide recommendations based on findings pertaining risk management for Interest Rate in the Banking Book (IRRBB). Utilize the Bank’s banking book market risk measurement platforms to support risk analytics. Understand and quantify the impacts from model and parameter assumptions (quantitative and qualitative) employed within the banking book market risk framework, including deposit duration models, retail pricing models, and loan prepayment models. Ensure risk reporting is timely and accurate and changes in risk are properly investigated and understood. Provide insight on key risks and exposures versus market trends and potential events to identify and provide insight on emerging risk exposures. Telecommuting permitted up to 1 day per week. #LI-DNI Full time employment, Monday – Friday, 40 hours per week, $197,400.00 per year. MINIMUM REQUIREMENTS: Must have a Bachelor’s degree in Finance, Economics, or Mathematics or a related field and 2 years of related work experience. Must have 2 years of experience in: Solving complex financial modeling problems related to ALM (Asset and Liability Management) and interest rate risk management. Preparing and reviewing comprehensive risk management reports on a regular basis. Presenting complex risk analyses, with a track record of delivering reports or presentations to senior management and cross-functional teams. Reviewing and validating financial models or assumptions with documented approval memos and recommendations. Monitoring and managing risk exposures against risk appetite limits supported by data-driven proposals. Risk management software including Polypaths, QRM, and MS Office Suite for data management, analysis, and reporting. The base salary for this job is $197,400.00 per year. This salary 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 TO APPLY: Please click “Apply Now” Button Job Skills Additional Job Details Address: City: Country: Work hours/week: 0 Employment Type: Full time Platform: GROUP RISK MANAGEMENT Job Type: Regular Pay Type: Salaried Posted Date: 2026-03-13 Application Deadline: 2026-05-22 Note : Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Our Employment Opportunities At RBC, we are guided by living shared values of Client First, Integrity, Collabor
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