Analyst, Treasury Risk Management - RFA Bank of Canada

RFA•Toronto, ON

13d•Hybrid

About The Position

RFA Bank of Canada is seeking an Analyst, Treasury Risk Management to join their team. This role is part of the second line of defense, providing independent oversight and challenge to the Treasury department's risk-taking activities and management practices. The analyst will assess, monitor, and report on operational risks, as well as treasury-related risks including interest rate risk, liquidity risk, funding risk, and foreign exchange risk. The position is permanent and based in Toronto, ON.

Requirements

1-3 years relevant experience and post-secondary degree/equivalent combination of education and experience.
Expert technical skills/querying languages.
Expert with reporting tools (Excel, Power Point, Power BI).
Knowledge of risk systems/platforms.
Post-secondary degree in a related field.

Nice To Haves

Professional certification is an asset.
Strong analytical and problem-solving skills.
Strong organizational and project management skills.
Ability to prioritize and balance conflicting tasks and manage internal stakeholders.
Comfortable with ambiguity.
Expert knowledge of treasury subject matter.
Ability to work within cross functional teams comprised of diverse backgrounds and skill sets and a demonstrated willingness and enthusiasm to be a team player.
Strong interpersonal and communication skills, both written and verbal
Embrace the challenge of working in a lean and fast-paced environment in a growing organization.

Responsibilities

Independently assess the effectiveness of the Treasury department's risk identification, measurement, and mitigation processes.
Review and challenge the methodologies used by Treasury for measuring and monitoring key risks, including interest rate sensitivity, liquidity metrics, and foreign exchange exposures.
Review and challenge the development, implementation, and maintenance of Treasury risk management policies, procedures, and limits.
Contribute to independent risk reports for senior management and relevant risk committees.
Independently review and challenge the assumptions, methodologies, and results of stress testing and scenario analysis conducted by Treasury.
Monitor and assess the Treasury department's compliance with relevant Canadian regulations (e.g., OSFI guidelines) related to treasury risk management.
Engage proactively with Treasury personnel to understand their risk management practices, providing constructive challenge and recommendations for improvement.
Collaborate with other risk management functions to ensure a consistent and integrated second line of defense.
Participate in the independent review and validation of treasury risk models.
Contribute to the ongoing development and enhancement of the overall risk governance framework as it relates to Treasury activities.
Participate in independent reviews and projects related to treasury and general Operational Risk Management.
Contribute to the ICAAP and contingency funding plan testing as needed.
In collaboration with the Model Risk Management department perform stress testing on various aspects of the Treasury function as well as related reporting.
Support the delivery of regulatory requirements relevant to Treasury analytics.
Maintain and enhance the Treasury Risk Management Policy and supporting documents.
Ensure strong governance and effective controls across risk reporting activities in accordance with enterprise standards.
Manage the design and implementation of processes to ensure the accuracy and consistency of all risk data used in reporting and analytics.