What is the Opportunity?

The Balance

Sheet and Liquidity Risk (BSLR) team within Global Risk Management (GRM) provides independent oversight of balance sheet and liquidity risk activities across RBC’s businesses.

What Will You Do? Own the independent second-line FTP oversight covering RBC’s Personal Banking and Wealth Management businesses.

Review, challenge, and approve (where applicable) FTP methodologies, policies, and processes developed by the first line, ensuring alignment with internal governance standards, regulatory expectations, and sound risk management principles.

Ensure FTP proposals are supported by robust quantitative analysis, governance, documentation, and appropriate stakeholder engagement, partnering closely with Corporate Treasury and Finance.

Independently review behavioral assumptions, yield curves and quantitative and qualitative inputs supporting the firm’s FTP framework.

Serve as a global second-line subject-matter expert supporting regulatory reviews, audits, and internal governance forums on retail FTP matters

Prepare independent risk assessments, executive briefing materials, and recommendations for senior management and stakeholders

Develop a comprehensive understanding of enterprise funding flows and balance sheet dynamics and provide analytical insights and risk opinions

What Do You Need to Succeed? Must Have 10–15 years of experience within a major financial institution in Treasury, Asset-Liability Management (ALM), Interest Rate Risk Management, Liquidity Risk, or a related discipline, including direct experience with FTP.

Degree in Business, Finance, Economics, Mathematics, or another quantitative discipline.





Fluent with retail banking products including mortgage prepayment behaviors, deposit tractor technique etc

Strong understanding of Interest Rate Risk in the Banking Book (IRRBB), including behavioral modelling, repricing risk, basis risk, yield curve risk, and embedded optionality.

In‑depth understanding of FTP framework and methodologies including FTP mismatch composition and risk drivers, and allocation methodologies,

Working knowledge of fixed income valuation principles and familiarity with embedded option concepts

Excellent communication, influencing, and stakeholder management skills, with the ability to effectively collaborate with senior leaders across Treasury, Finance, Risk, and businesses

Strong analytical capabilities, including experience reviewing quantitative methodologies, model assumptions, large datasets, and management reporting.

Nice to Have Experience in an independent second-line risk oversight, model validation, or governance function.

Familiarity with OSFI standards, and other international regulatory frameworks governing balance sheet risk, and FTP.

Experience with ALM and FTP platforms (e.g., QRM).

Professional designation such as FRM or equivalent.

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

Leaders who support your development through training and coaching

Work with a dynamic, team-oriented team with ability to make a difference

Job Skills Business Analytics, Effectiveness Measurement, Financial Derivatives, Investment Banking Analysis, Long Term Planning, Market Analysis, Market Risk, Results-Oriented, Risk Management

Additional Job Details Address: ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City: Toronto

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: GROUP RISK MANAGEMENT

Job Type: Regular

Pay Type: Salaried

Posted Date: 2026-07-23

Application Deadline: 2026-08-21

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, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities.

RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

📌 Director, Retail FTP Ovesight (Toronto)
🏢 RBC
📍 Toronto