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Interest Rate Risk Analyst
| Company | Royal Bank of Canada |
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| Location | Los Angeles, CA, USA |
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| Salary | $80000 – $135000 |
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| Type | Full-Time |
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| Degrees | MBA |
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| Experience Level | Mid Level |
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Requirements
- Minimum 3 years of banking experience and with minimum of 2 years of Treasury with focus in interest rate risk and balance sheet management.
- Understanding of Treasury operations, IRRBB management and ALM practice, strong analytical skills. Hands on experience with QRM or other ALM Software.
- Extensive experience with Microsoft Excel, Word, Power Point, SQL, and other data management tools.
- Demonstrated ability in written and oral communication skills along with strong presentation skills. Ability to determine the information and communication needs of the stakeholders and project.
- Strong time management capabilities. Deadline-driven and results-oriented; able to meet consistently high-quality standards while handling a variety of tasks and deadlines simultaneously.
Responsibilities
- With a high level of independence, produce all IRRBB metrics such as NII, EVE, and KRD for major CUSO entities.
- Assist in development, support, maintenance, and documentation of model methodologies and procedures for QRM models.
- Monitor compliance of IRRBB metrics with all applicable limits. Escalate to the senior management increased levels of IRR exposures.
- Ensure accuracy and completeness of data used in QRM.
- Perform backtesting and sensitivity analysis of modeling assumptions.
- Communicate with various teams across the CNB and CUSO to develop accurate and reasonable assumptions for IRRBB models.
- Support updates of IRRBB policies and procedures.
- Support Treasury reporting related to ALCO.
- Conduct various research and analysis as required to support as related to interest rate risk and balance sheet management.
- Establish strong working relationships within Treasury and across business units and platforms.
Preferred Qualifications
- MBA or advanced degree in a related field. CFA certification.
- Strategic thinker with excellent interpersonal skills to work across functions and businesses.
- Ability to develop/improve processes for data management and various analysis. Experience with data management tools such as Alteryx and Snowflake.
- Ability to resolve routine questions and problems and refers more complex issues to higher levels. Ability to distinguish one from another.
- Experience with Tableau.
