Job Description What is the opportunity? Reporting to the Associate Director, ALM Reporting, the incumbent will gain exposure to the asset modelling, asset liability management, reporting and financial risk oversight. The role primarily supports the team on asset modelling, discount rate (DR) production process and earnings by source (EBS) analysis. The role also assists in the ad-hoc analysis and other ALM financial reporting inquiries. What will you do? Assist in the monthly DR production and quantification of ALM trades in AXIS, including asset data checking, model changes in Moody’s AXIS. Assist in annual review and monitoring on key economic assumptions such as corporate bond default, inflation and ultimate risk free and liquidity premium. Support team in EBS analysis and reporting, including extracting model runs details to validate reported results. Collaborate with investment team on quantification of ALM activities and strategies Provide support to internal/external teams for quarterly/annually reports such as LICAT, risk reports, AAR, materials for Board, etc. Support the identification, development, and implementation of enhancements to existing DR process, methodologies and frameworks. Support Financial Risk Oversight team on ad-hoc requests, including model enhancement and abnormalities investigations. What will you need to succeed? Must-Have Bachelor’s degree (or above) majoring in Actuarial Science or Statistics ASA or close to ASA with a minimum 5-6 SOA exams Prior experience on Moody’s AXIS and SQL is required, experience on software such as R, tableau would be an asset. Strong problem solving and technical skills, be able to investigate issues and provide suggestions Nice-to-Have: ALM/Investment working experience and knowledge would be an asset. Self-motivated and attention to details What's in it for you? A Total Rewards program that includes flexible benefits, work/life balance and career development programs and investment and retirement savings plans Competitive pay and high-earning potential Study program for pursuing the actuarial credential All the tools, training, and team support you need to grow your career Job Skills Actuarial Modeling, Actuarial Services, Critical Thinking, Industry Knowledge, Insurance Finance and Actuarial Concepts, Multi-Level Communication, Probability Theory, Risk Analysis Management, Risk Management, System Applications Additional Job Details Address: MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGA City: Mississauga Country: Canada Work hours/week: 37.5 Employment Type: Full time Platform: GROUP RISK MANAGEMENT Job Type: Regular Pay Type: Salaried Posted Date: 2025-08-20 Application Deadline: 2025-08-27 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Inclusion and Equal Opportunity Employment At 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. Join our Talent Community Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com. 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.
