Analyst, U.S. Capital Planning

WHAT IS THE OPPORTUNITY?

The Capital Planning Team (CPT) is responsible for the end-to-end capital planning process for RBC US and its subsidiaries. This includes leading the execution of the annual Comprehensive Capital Analysis Review (CCAR), ensuring compliance with regulatory requirements, managing day-to-day capital management, stress testing, and capital reporting processes, and leading and executing regulatory capital management initiatives. In this role, you will have the opportunity to create tailored analysis and prepare materials on a variety of capital planning topics to facilitate decision-making for senior management and the Board of Directors. As part of this, you will be working closely with cross functional teams (incl. Risk ID, Scenario Generation, PPNR, Financial Aggregation, Treasury, etc.) to collaborate on key deliverables and produce a quality work product.

WHAT WILL YOU DO?

• Support the CPT with the production of the U.S. Capital Plan, including preparing initial drafts of the Capital Plan chapters and associated supporting documentation (capital management policies standards, and procedures).
• Contribute to key activities of the capital stress test cycle, such as inventorying of key assumptions, limitations, and weaknesses; mapping material risks to capital management processes; facilitating the formal review and challenge and performing quality assurance of qualitative aspects of capital adequacy assessment.
• Prepare presentations to senior management, management committees, and the Board committees on qualitative and quantitative aspects of the capital planning process.
• Support and lead Risk and Control Self-Assessment program for the end-to-end capital planning process, including identifying and assessing risks, documenting internal controls, and facilitating compliance with Enterprise-wide requirements.
• Execute on strategic initiatives, as needed, in support of the long-term operating model of the CPT.
• Provide support for Finance and Risk-related regulatory exams, as needed.
• Review supervisory guidance and industry news to identify capital planning requirements, best practices, and trends.
• Perform ad hoc analysis or tasks, as needed.

WHAT DO YOU NEED TO SUCCEED?

Must have:

• Bachelor's degree in Finance, Accounting, or Economics.
• General understanding of CCAR, capital planning, and/or well-rounded knowledge of regulatory exercises within financial institutions.
• Detail-oriented and able to facilitate development of firm-wide frameworks for capital planning.
• Writing and analytical capabilities commensurate with independent production of management-ready documentation work products.
• Strong abilities in Microsoft Office suite (Excel, PowerPoint, Word).

Nice-to-have:

• Work efficiently and collaborate across disciplines.
• Strong project management experience.
• Operationally savvy, action-oriented individual who continually strives for improvement.
• Independent thinker with ability to deliver results with minimal oversight.

What's in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• A world-class training program in financial services
• Flexible work/life balance options
• Opportunities to do challenging work

The expected salary range for this particular position is $65,000-$105,000, depending on your experience, skills, and registration status, market conditions and business needs.

You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

• Drives RBC's high-performance culture
• Enables collective achievement of our strategic goals
• Generates sustainable shareholder returns and above market shareholder value

Job Skills

Additional Job Details

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.