Jersey City, New Jersey, USA
14 days ago
Associate Director, Capital Adequacy Function

Job Summary

Gérer les activités du personnel responsable de la formulation, de la surveillance et de la présentation des budgets utilisés pour le contrôle des fonds de l’entreprise. Gérer généralement deux services spécialisés ou plus composés de personnes assumant des rôles de supervision et de direction, de personnel de fonction et d’un nombre important de membres du personnel assurant un soutien opérationnel.

Job Description

What is the opportunity?

This role resides within the U.S. Capital Adequacy Function (Team). The Team is responsible for managing the IHC’s regulatory capital and RWA calculations and reporting under US Basel III rules.  The team produces reporting and analytics focused on the IHC for the US region. The team also works on other initiatives (automation, internal reporting/analytics and capital optimization) in addition to the regulatory reporting duties. As part of the group’s core function, this position will involve production of external and internal reporting and analytics.

What will you do?

Produce accurate reporting and robust analytics, maintaining rigorous controls.Provide management support with a specific focus on Credit and Market RWA calculations. Develop, test, implement and maintain Basel III End Game reporting framework.Develop and maintain consistently accurate and repeatable reporting solutions along with robust analytics on a monthly basis and on an as needed basis.  Identify, communicate and resolve issues related to foregoing processes.Adhere to critical timelines for deliverables. Maintain documentation of and adherence to key processes, risks and controls.  Adhere to control framework and make sure all processes and controls are audit worthy.Drive optimization through analysis and by developing constructive relationships within and outside the Team:Deliver impactful analytics.Schedule, develop, test and implement changes to current processes based on changes to capital rules/regulatory reporting guidelines.Partner with Technology to implement system enhancements.

What do you need to succeed?

Must-have

Degree in a financial discipline (Accounting preferred) with strong analytical and quantitative skills.Bank regulatory reporting experience with Basel III capital rules.Experience producing and filing schedule HC-R of the FRY-9C report.Strong database skills and experience in analyzing large data sets.

Nice-to-have

Strong knowledge in financial products including fixed income securities, equities and derivatives.Capable of developing processes requiring independent decision-making and coordinating across multiple teams in a deadline-driven environment.Ability to apply rigorous review and challenge to methodologies, assumptions, and results/findings to drive quality output.Reading, writing and analytical capabilities commensurate with drafting of Business Requirement Documents (BRDs).Basel III End Game knowledge and/or experience (FFIEC 101 reporting).

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 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.Flexible work/life balance options.Opportunities to do challenging work.Opportunities to take on progressively greater accountabilities. Access to a variety of job opportunities across business.

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

Job Skills

Business Analytics, Critical Thinking, Financial Planning and Analysis (FP&A), Team Management

Additional Job Details

Address:

GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITY

City:

Jersey City

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:

2024-08-29

Application Deadline:

2024-11-30

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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