What is the opportunity?
Lead an FTP team of two to three members. Develop FTP methodology for the entire suite of banking products for CNB Bank and RBC Bank and coordinate FTP methodologies across RBC CUSO (Combined US Operations). Support, design, and implement FTP consistent with the enterprise strategy and objectives. Ensure that all governance and internal control requirements are met for the FTP processes. Provide research and analytical and compliance support to the Asset Liability Management Committees (ALCO) at all levels through enterprise, CUSO Treasurer, and ALM manager. Maintain and develop QRM model and modeling assumptions as it relates for the FTP. Responsible for operational aspect of monthly FTP assignment ensuring accuracy of FTP rates on individual accounts. Communicates with LOBs for issue resolutions and FTP-related education Develop and maintain all relevant documentation, methodologies, and procedures. Support the tactical and strategic balance sheet objectives of the company. This position reports to the CUSO ALM/FTP head.
What will you do?
Develop FTP methodology for the entire suite of banking products for CNB Bank and RBC Bank and coordinate FTP methodologies across RBC CUSO
Lead and manage a team of two to three members
Ensure that FTP methodologies are aligned with the enterprise strategic objectives
Maintain and develop FTP QRM model, supporting sub-models, FTP related policies and procedures
Leads monthly operations for FTP assignment
Leads modeling improvement including but not limited to implementation of QRM for the rest of CUSO, FTP projections, and any further enhancements
Produce reports for the Board of Directors, Senior Management, and ALCO
Work with Treasury, FP&A, and LOBs to develop and maintain reasonable modeling assumptions
Ensure compliance with applicable regulatory requirements and internal controls
Interact with second and third LODs and regulators on issues related to FTP. 2
Facilitate resolutions of issues related to the FTP methodologies and processes identified during the 2nd line and audit reviews, and regulatory exams
Maintain current knowledge of market trends and regulatory requirements
Maintain up-to-date model documentation, procedures, and controls to promote transparency and facilitate second LOD, audit, and regulatory examinations
What do you need to succeed?
Min 7 years of Banking experience
Min 5 years of Treasury experience with focus in Funds Transfer Pricing
Extensive experience with Microsoft Excel, SQL, other data management tools
Hands on experience with QRM
Ability to use complex financial forecasting models, analyzed and interpret real life data to make sound modeling assumptions is critical for success
Supervisory experience is preferred
Candidates should possess effective time management skills, as well as strong verbal and written communication skills
Must work well in a fast paced, detail-oriented environment, while coordinating multiple projects
Master's degree with an emphasis in finance, accounting, or economics preferred
CFA license is preferred
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
Opportunities to do challenging work
Opportunities to build close relationships with clients
The good-faith expected salary range for the above position is $160,000 - $240,000 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
Cash Management, Financial Regulation, Financial Services Industry, Knowledge Organization, Office Operations, Operational Risks, Risk Management, Standard Operating Procedure (SOP), Strategic Thinking, Treasury Management
Additional Job Details
555 FLOWER STREET:LOS ANGELES
Los Angeles
United States of America
40
Full time
Office of the CFO
Regular
Salaried
2024-06-05
2024-07-31
Inclusion and Equal Opportunity Employment
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