RBC
Associate Director, GRM Balance Sheet & Liquidity Risk

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Job Description
What is the opportunity?
You will be joining the Balance Sheet and Liquidity Risk (BSLR) team in London, with the Group Risk Management (GRM) function of the Royal Bank of Canada. You will be part of a dynamic, global team. The Associate Director role will cover project work for second line oversight of RBC’s liquidity, FTP, and interest rate risk in UK and EMEA in line with the responsibilities set out in RBC’s enterprise policies.
The Associate Director will work very closely with Corporate Treasury London and Treasury Services London to review and challenge processes and proposals. This requires partnering with them to understand the impact of new and changed regulations and to communicate any issues clearly to management. This mandate requires excellent collaboration with the wider GRM Balance Sheet and Liquidity Risk team for a global perspective and Corporate Treasury, Capital Markets Treasury, Finance, Enterprise Risk, and other groups for a regional perspective.
Should you be shortlisted, do please let us know if you have any specific requirements for the interview. This role will require 4 days in our 100 Bishopsgate, London office.
What will you do?
- Responsible for providing independent regional oversight for Liquidity and Interest Rate Risk in the Banking Book in UK and Europe; ensuring compliance with policies and regulations.
- Independently review methodologies, models, parameters, and assumptions used for liquidity and interest rate risk measurement, including stress testing.
- Understand Corporate Treasury’s reporting process and leverage that knowledge to provide effective review and challenge to those processes and assumptions documents prior to recommending approval.
- Be able to work within the local and enterprise governance structure and drive changes to gain efficiencies.
- Produce presentations and communications that accurately summarise GRM concerns and conditions of approvals; be able to present in various committees both on a local and global level.
- Keep up to date on new regulations and be able to summarise and articulate any concerns and challenge decisions made by Corporate Treasury.
- Establish and maintain excellent relationships with stakeholders to ensure an effective and collaborative work environment.
- Maintain an organised and up-to-date library of documents for BLSR Europe, including approved local frameworks, policies, assumptions, and regulatory guidance.
- Diarise upcoming committees and package dates, regulatory discussions and submissions, policy refresh due dates, audit point action plan due dates, and all similar events, and prompt relevant contributors to deliver items to BSLR for review in a timely manner, or for BSLR to submit documents in a timely manner.
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What do you need to succeed?
Must-have
- Risk management experience obtained in a financial institution or other comparable environment, including some experience in an enterprise risk management.
- Strong academic background.
- Strong interpersonal, communication and influencing skills.
- Understanding of RBC’s businesses in UK and Europe.
- Understanding of liquidity and funding risk.
- Strong analytical skills and knowledge of financial models.
- Strong understanding of the regulatory environment.
- Strong oral and written communication and interpersonal skills.
- Ability to work under pressure against tight deadlines.
- Independently manage a significant and diverse workload.
- Ability to accept accountability, assume leadership and demonstrate initiative.
Nice-to-have
- Masters' degree in Business/Finance.
- Experience in legal entity risk.
- Strong understanding of global financial markets and trading products.
- Understanding of stress test methodologies and knowledge of valuation models for trading products.
What is 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, flexible benefits and competitive compensation
- Leaders who support your development through coaching and managing opportunities
- Opportunities to work with the best in the field
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- A world-class training program in financial services.
Agency Notice
RBC Group does not accept agency resumés. Please do not forward resumés to our employees, nor any other company location. RBC Group only pay fees to agencies where they have entered into a prior agreement to do so and in any event do not pay fees related to unsolicited resumés. Please contact the Recruitment function for additional details.
Job Skills
Decision Making, Financial Instruments, Group Problem Solving, Market Risk, Performance Management (PM), Resource Coordination, Risk Management, Waterfall Model


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Additional Job Details
- Address: 100 BISHOPSGATE:LONDON
- City: London
- Country: United Kingdom
- Work hours/week: 35
- Employment Type: Full time
- Platform: GROUP RISK MANAGEMENT
- Job Type: Regular
- Pay Type: Salaried
- Posted Date: 2026-07-16
- Application Deadline: 2026-07-30
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.
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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.
Royal Bank of Canada
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com.
We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.
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