RBC · 3 hours ago
US ALM Risk Manager
Los Angeles, CA
Full-time
Onsite
Entry, Mid Level
$110K/yr - $165K/yr
2+ years expRBC is a company that values teamwork and integrity, and they are seeking a US ALM Risk Manager to oversee banking book market risk across their US operations. The role involves providing analytical support for managing risk across large portfolios and ensuring compliance with risk management policies and procedures.
BankingFinancial ServicesWealth Management
Responsibilities
The incumbent is responsible for applying a working level of knowledge of Asset Liability Management (ALM) (also referred to as banking book market risk, non-trading market risk, or interest rate risk in the banking book - IRRBB); a primary responsibility of this role is to provide support to the Lead, ALM Risk Management on matters pertaining to the oversight of the ALM profile and management of CUSO entities
This role will be one of coordination, working within established policies and procedures and assuming responsibility for interpretation and delivery within established policies and procedures
Independently conduct moderately complex routine operations and maintenance support activities
Demonstrate a good understanding of procedures and concepts within ALM and respond to moderately complex functional queries
Adhere to operating policies and procedures and regulatory guidelines and make recommendations within scope of ALM and/or provide input into policy and procedure amendments
Identify and independently resolve moderately complex routine issues in the context of ALM
Analyze data and prepare reports of observations, and relatively simple recommendations based on findings
Generally execute on approved strategy but may assist in the development of strategies/action plans to address technical and competency gaps within oversight of ALM
Ensure a strong control environment by aligning data management, methodology and quantitative models
Utilize the Bank’s banking book market risk measurement platforms to support risk analytics
Implement risk analysis tools to allow for deeper understanding of risk drivers and changes
Understand and quantify the impacts from model and parameter assumptions (quantitative and qualitative) employed within the banking book market risk framework, including deposit duration models, retail pricing models, and loan prepayment models
Create consolidated reporting that includes additional sensitivity measures and stress testing, with consistent aggregation and integration across business lines, legal entities, etc
Monitor activities and exposures to ensure adherence to approved policies and limits
Regularly review existing policies and limits, proposing updates and revisions where necessary
Ensure risk reporting is timely and accurate and changes in risk are properly investigated and understood
Provide insight on key risks and exposures versus market trends and potential events to identify and provide insight on emerging risk exposures
Qualification
Required
2+ years' experience in the financial services sector
Bachelor's Degree
Knowledge and experience in ALM and interest rate risk management at a large financial institution
Knowledge of and experience with US bank regulations for liquidity, capital and interest rate risk management
Excellent oral and written communication skills
Strong understanding of risks in the financial services sector, effective risk management approaches and global risk issues
Strong record of work experience in financial service industry with good exposure to operational processes, financial products, credit and/ or risk management activities
Self-starter with the ability to work independently and in an organized manner, with attention to detail, prioritize, and handle multiple work streams
Excellent problem solving, analytical, organizational, written and oral communication skills
Good personal computing skills, with knowledge of MS Office programs
Intellectual curiosity, global and strategic mindset with ability to think conceptually
Diplomatic and an effective consensus builder. Strong interpersonal skills with ability to develop and maintain relationships across business platforms and control functions of RBC, as well as with external counterparts
Ability to meet tight deadlines and work with changing priorities in a dynamic team environment
Benefits
A comprehensive Total Rewards Program including bonuses and flexible benefits
Competitive compensation
Commissions
Stock where applicable
401(k) program with company-matching contributions
Health, dental, vision, life and disability insurance
Paid time-off plan
Company
RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance.
10001+ employees
H1B Sponsorship
RBC has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (29)
2024 (17)
2023 (3)
2022 (4)
2021 (1)
2020 (2)
Funding
Current Stage
Public CompanyTotal Funding
$16.3B2025-10-30Post Ipo Debt· $5B
2025-09-15Post Ipo Debt· $1.35B
2025-07-10Post Ipo Debt· $177.74M
Leadership Team
Graeme Hepworth
Chief Risk Officer
Kelly Bradley
Chief Human Resources Officer
Recent News
Private Capital Journal
2026-01-09
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