At a Glance
- Tasks: Lead IRRBB oversight and conduct risk analysis to ensure compliance.
- Company: Join a leading financial institution focused on risk management.
- Benefits: Competitive salary, flexible work arrangements, and professional growth opportunities.
- Other info: Collaborative environment with opportunities for career advancement.
- Why this job: Make a significant impact on banking risk oversight while developing your expertise.
- Qualifications: Degree in finance or quantitative field with 5+ years of relevant experience.
The predicted salary is between 121500 - 148500 $ per year.
Lead independent IRRBB oversight through risk analysis and challenge, with at least three office days weekly and French language requirements. You will oversee Interest Rate Risk in the Banking Book within the second line of defense. You will monitor metrics, challenge methodologies, and support compliance with evolving regulatory expectations. The work draws on banking, financial markets, and risk management expertise.
Key Responsibilities:
- Validate earnings and economic value IRRBB metrics, limits, and indicators
- Identify emerging risks and ensure appropriate escalation and governance
- Challenge stress tests, sensitivities, and model outputs
- Provide effective challenge to ALM, Investment, and Finance teams
- Prepare analyses for senior stakeholders and decision-making bodies
Requirements:
- Quantitative or finance-related university degree
- Minimum five years’ risk management, treasury, or ALM experience
- Strong understanding of IRRBB, balance sheet risk, and stress testing
- Experience with QRM, Python, and SQL data analysis
- French language skills and dashboard development experience
Apply IRRBB expertise, analytical judgment, and independent challenge to strengthen balance sheet risk oversight and regulatory alignment.
Associate Director IRRBB Risk Oversight in Montréal employer: National Bank of Canada
At National Bank, we pride ourselves on being an exceptional employer that fosters a dynamic and inclusive work culture. As a Senior Manager in the Business Flex team, you will benefit from our commitment to employee growth through personalized coaching and continuous learning opportunities, all while working in a collaborative environment that values your ideas and contributions. With a strong focus on health and wellness, competitive benefits, and a mission to positively impact lives, National Bank is the ideal place for those seeking meaningful and rewarding employment in Ontario.
