# ALM Manager

**Company**: Royal Bank of Canada
**Location**: Los Angeles, California
**Experience**: senior
**Job type**: full-time
**Salary**: $234,000.00 per year
**Category**: Finance
**Industry**: Finance

**Apply**: https://rbc.wd3.myworkdayjobs.com/en-US/RBCGLOBAL1/job/Los-Angeles-California-United-States-of-America/ALM-Manager--Royal-Bank-of-Canada-US--Los-Angeles--CA-_R-0000191861?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
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## Description

We are seeking an experienced ALM Manager to lead the production of Interest Rate Risk in the Banking Book (IRRBB) metrics for major CUSO entities.

Responsibilities:

- Lead development, support, maintenance, and documentation of model methodologies and procedures for QRM models.

- Monitor compliance of IRRBB metrics with all applicable limits.

- Escalate to senior management increased levels of IRR exposures.

- Ensure accuracy and reasonableness of ALM model projections.

- Lead periodic back testing and sensitivity analysis of modeling assumptions.

- Communicate with various teams to develop accurate and reasonable assumptions for IRRBB models.

- Lead updates of IRRBB policies and procedures.

- Lead annual limit review.

- Monitor economic environment and balance sheet trends to identify developments detrimental to the IRRBB.

- Propose new mitigation strategies.

- Establish strong working relationships within Treasury, Finance and across business units and platforms.

Requirements:

- Bachelor's degree in Electronics Engineering, Communication Engineering, Finance, Business, Economics, Accounting, Management Information Systems or a related field.

- 5 years of progressive, post-baccalaureate work experience.

- 5 years of experience in designing and implementing frameworks for measuring, monitoring, and mitigating IRRBB.

- 3 years' experience in developing and maintaining data pipelines for ALM reporting.

- Experience with SQL, Python, or R for data extraction, transformation, and validation.

- Familiarity with QRM Modelling Platforms.

Benefits:

- $234,000.00 per year salary

- Discretionary bonus

- 401(k) program with company-matching contributions

- Health, dental, vision, life and disability insurance

- Paid time-off plan

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## Skills

### Required
- SQL
- Python
- R
- QRM Modelling Platforms
- Tableau
- Power BI

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