ALM Manager, Royal Bank of Canada US, Los Angeles, CA:
RBC — Los Angeles, California, United States of America
Posted 2026-08-20
Job Description ALM Manager, Royal Bank of Canada US, Los Angeles, CA: Responsible to lead production of all Interest Rate Risk in the Banking Book (IRRBB) metrics such as NII (Net Interest Income), economic value of equity (EVE), and KRD (Key rate duration) for major CUSO (Combined US Operations) entities. Lead development, support, maintenance, and documentation of model methodologies and procedures for QRM (Quantitative Risk Management) models. Monitor compliance of IRRBB (Interest Rate Risk in the Banking Book) metrics with all applicable limits. Escalate to senior management increased levels of IRR (Interest Rate Risk) exposures. Ensure accuracy and reasonableness of ALM (Asset and Liability Management) model projections following the model governance standard regarding data completeness and assumptions development. Lead periodic back testing and sensitivity analysis of modeling assumptions. Communicate with various teams across the City National Bank (CNB) and CUSO (Combined US Operations) 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 tren