Royal Bank of Canada

Associate Director, Wholesale FTP Initiatives

Royal Bank of Canada$110K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance, accounting, economics, business, or related field
  • 5+ years of experience in funds transfer pricing, risk, or related treasury/finance roles
  • Working knowledge of capital markets products and specific trading room businesses
  • Deep understanding of liquidity risk and/or Funds Transfer Pricing
  • Expertise in delivering change initiatives and system implementations
  • Proven ability to work collaboratively and meet governance requirements
  • Strong initiative with effective communication skills for diverse stakeholders

Responsibilities

  • Provide subject matter expertise on Funds Transfer Pricing, Liquidity and Interest Rate Risk
  • Liaise between the Program and various teams in Corporate Treasury, Capital Markets, and Finance
  • Define requirements and ensure compliance with FTP change management and governance protocols
  • Assess and propose changes to FTP methodology for products
  • Support integration of changes into existing models and processes
  • Participate in project working groups and user acceptance testing
  • Conduct reviews of FTP methodology and recommend necessary changes

Benefits

  • Comprehensive Total Rewards Program including bonuses and flexible benefits
  • Supportive leaders focused on coaching and development opportunities
  • Opportunity to make a lasting impact
  • Agile, collaborative, and high-performing team environment
  • Interface with senior executives across the organization
Full Job Description
Job Description

What is the opportunity?

Funds Transfer Pricing (FTP) is the foundation for product pricing and measuring risk-adjusted profitability across RBC's wholesale portfolio. RBC Corporate Treasury's Wholesale FTP team establishes the policies, methodologies, and rates that enable consistent, transparent pricing for our Wholesale businesses. In this role, reporting to the Director of Wholesale FTP, you'll be a key technical and strategic partner driving Capital Markets' multi-year FTP transformation program. You'll collaborate across Corporate Treasury, Capital Markets, and Finance to deliver necessary changes while ensuring governance compliance and positioning RBC for sustainable competitive advantage in wholesale markets.

What will you do?
  • Provide subject matter expertise on Funds Transfer Pricing, Liquidity and Interest Rate Risk, and related governance processes
  • Act as the first point of contact for Corporate Treasury, liaising between the Program and various teams in CT, CMT, and Finance to ensure the successful delivery of program objectives.
  • Ensure compliance with enterprise and regional FTP change management and governance protocols by defining requirements and dependencies for the initiatives.
  • Assess the current vs. target state FTP methodology for products and businesses within the scope of the initiatives.
  • Propose and implement changes to FTP methodology and processes, ensuring alignment with strategic objectives.
  • Support the integration of changes into existing models, processes, and documentation to ensure seamless adoption and compliance.
  • Participate in project working groups, user acceptance testing, PIV, etc.
  • Provide advice and counsel on FTP execution process design
  • Conduct review of FTP methodology for Capital Markets businesses, perform analysis and recommend changes, as needed
  • Document and socialize change proposals
  • Support WS FTP team deliverables as needed


What do you need to succeed?

Must-have
  • Bachelor's degree in finance, accounting, economics, business, or related field
  • 5+ years of experience in funds transfer pricing, risk, or related treasury/ finance roles
  • Working knowledge of capital markets products and businesses (specifically trading room businesses such as prime brokerage, securities financing, equity derivatives, etc.)
  • Deep understanding of liquidity risk and/or Funds Transfer Pricing (FTP)
  • Expertise in delivering change initiatives, including process improvements and system implementations
  • Proven ability to work collaboratively, drive change, and meet deadlines while adhering to governance requirements
  • Self-starter with strong initiative and inquisitiveness
  • Ability to convey complex concepts clearly and effectively to diverse stakeholders
  • Ability to assess current processes and infrastructure, identify gaps, and propose forward-looking solutions


Nice to have
  • CFA, CPA, MBA, MFin or equivalent professional certification
  • Proficiency in working with data and systems to support liquidity and FTP processes
  • Experience leading transformation programs within financial institutions


What's in it for you?

  • A comprehensive Total Rewards Program including bonuses and flexible benefits
  • Leaders who support your development through coaching and managing opportunities
  • Ability to make a difference and lasting impact
  • Work in an agile, collaborative, progressive, and high-performing team
  • The opportunity to interface with senior level executives from many different parts of the organization


Job Skills
Analytics, Capital Markets, Capital Markets (Trading), Capital Markets Products, Capital Markets Transactions, Change Management, Corporate Treasury, Data Analytics, Funds Transfer Pricing (FTP), Liquidity Risk, Strategic Initiative, Taking Initiative

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

OFFICE OF THE CFO

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-08-05

Application Deadline:

2026-08-19
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

About Royal Bank of Canada

Royal Bank of Canada Careers

Join the dynamic team at Royal Bank of Canada (RBC), a global leader in financial services and a company committed to excellence and innovation. At RBC, we offer a wide range of job opportunities that empower professionals to shape their career paths with leadership, diversity training, and continuous growth.

Work You’ll Do

At Royal Bank of Canada, we are not just hiring; we are building a culture of innovation and leadership. Our team members are at the forefront of the financial industry, driving transformation and delivering targeted solutions that meet the evolving needs of our clients and communities.

Explore Job Opportunities and Employment at RBC

Whether you are starting your career or looking to take it to the next level, RBC offers positions that challenge your skills and fuel your ambition. From entry-level positions to leadership roles, our job opportunities span across various functions and regions. Join us and be part of a team that values professional growth and diversity.

Internship and Professional Development

Kickstart your career with an internship at Royal Bank of Canada. Our internships provide invaluable hands-on experience, networking opportunities, and insights into the financial services industry. Interns at RBC gain the skills necessary to excel and are often considered for full-time positions within the company.

Benefits and Culture

At RBC, we prioritize the well-being and satisfaction of our employees. Our benefits package is designed to support our team members at every stage of their life and career. RBC’s culture is built on a foundation of respect, integrity, and responsibility, fostering an environment where everyone can thrive.

Career Growth and Innovation

We believe in nurturing the potential of our employees through continuous learning and career development programs. At RBC, you will find endless opportunities to grow professionally through on-the-job experiences, formal training programs, and leadership development initiatives. Our commitment to innovation means we are constantly seeking out new ideas and perspectives, making RBC a perfect place for those who aim to lead and innovate.

Diversity and Inclusion

Diversity is our strength. At Royal Bank of Canada, we are committed to building an inclusive workplace where every employee feels valued and respected. Our diversity training programs are designed to educate and inspire, creating a more inclusive and equitable workplace.

Join Our Team

Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. Start your journey with RBC today and be part of a world-class team known for its commitment to client service, community involvement, and innovation.

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Learn more about Royal Bank of Canada
Size
86,007 employees
Market Cap
$130.3 billion
Industry
5 Year Trend
+8.7%
NASDAQ

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