Associate Director – Capital And Stress Testing

Royal Bank of Canada

Mississauga, Canada
Base: not specified; bonus/equity: discretionary v...
Capital adequacy and risk profiling
Regulatory compliance and reporting
Actuarial modeling and valuation
This role leads the strategic oversight and execution of capital adequacy and risk profiling for RBC Insurance, focusing on LICAT and Financial Condition Testing

Job Summary

  • This role leads the strategic oversight and execution of capital adequacy and risk profiling for RBC Insurance, focusing on LICAT and Financial Condition Testing.
  • The Associate Director manages a small team, drives methodological improvements, and ensures accurate regulatory reporting and stress testing execution.
  • RBC offers a comprehensive Total Rewards Program including competitive compensation, flexible benefits, leadership development, and opportunities to make a lasting impact.

Matching Summary

This role leads the strategic oversight and execution of capital adequacy and risk profiling for RBC Insurance, focusing on LICAT and Financial Condition Testing.

Salary

Base: Not specified; Bonus/Equity: Discretionary variable compensation program; Benefits: Flexible benefits and comprehensive Total Rewards Program

Skills & Requirements

Must-have

  • Capital adequacy and risk profiling
  • Regulatory compliance and reporting
  • Actuarial modeling and valuation
  • GGY AXIS platform experience
  • Team leadership and mentorship
  • Stress testing and sensitivity analysis

Nice-to-have

  • Cross-functional collaboration
  • Methodological enhancements
  • Effective communication skills
  • High-performance team environment
  • Innovative problem solving

Key Requirements

  • Undergraduate degree in Actuarial Science or related field
  • Minimum 7+ years actuarial experience
  • Fellow of the Society of Actuaries (FSA) preferred
  • Experience with LICAT and FCT regulatory requirements
  • Prior regulatory reporting experience

Work Rights

Not specified

Tailored Resume

Cover Letter