Job Description

Analyst, Treasury Risk Management – RFA Bank of Canada

Date: May 26, 2026
Location: Toronto, ON
Company: RFA Bank of Canada
Job Type: Permanent
Closing Date: June 12, 2026

About RFA
Founded in 1996, RFA (Realty Financial Advisors) is a leading Canadian-owned real estate firm. Through RFA Bank of Canada and RFA Mortgage Corporation, RFA offers mortgage brokers a complete range of Prime and Alternative mortgage solutions.
RFA Bank of Canada, a division of RFA (Realty Financial Advisors), is a federally regulated Schedule I Bank. Our goal is to be a long-term leader in the residential lending market by offering more than just competitive rates and compensation. At RFA Bank of Canada, we focus on delivering a unique value proposition in the Alternative mortgage space, committed to innovation and exceptional service to meet a diverse range of borrower needs.
The Opportunity
We’re looking to fill an Analyst, Treasury Risk Management position at RFA Bank of Canada!
This role will have responsibilities for 2nd line of defense oversight of financial and non-financial Operational risks. The analyst will be an important part of the second line of defense and will provide independent oversight and challenge to the Treasury department's risk-taking activities and related risk management practices. This role involves independently assessing, monitoring, and reporting on broader operational risk requirements, as well as treasury-related risks including: interest rate risk; liquidity risk; funding risk; and foreign exchange risk.
Core Responsibilities
As the Analyst, Treasury Risk Management, you will:
Core Responsibilities:
• Independent Risk Assessment: Independently assess the effectiveness of the Treasury department's risk identification, measurement, and mitigation processes.
• Oversight of Risk Measurement and Monitoring: Review and challenge the methodologies used by Treasury for measuring and monitoring key risks, including interest rate sensitivity (e.g., gap analysis, simulation), liquidity metrics (e.g., liquidity coverage ratio, net stable funding ratio), and foreign exchange exposures.
• Policy and Procedure Oversight: Review and challenge the development, implementation, and maintenance of Treasury risk management policies, procedures, and limits established by the first line of defense, ensuring alignment with regulatory guidelines and best practices.
• Independent Risk Reporting: contribute to independent risk reports for senior management and relevant risk committees, providing an objective assessment of key treasury risk exposures, trends, and the effectiveness of first-line controls.
• Challenge of Stress Testing and Scenario Analysis: Independently review and challenge the assumptions, methodologies, and results of stress testing and scenario analysis conducted by Treasury.
• Regulatory Compliance Oversight: Monitor and assess the Treasury department's compliance with relevant Canadian regulations (e.g., OSFI guidelines) related to treasury risk management.
• Collaboration and Communication (Second Line Perspective): Engage proactively with Treasury personnel to understand their risk management practices, providing constructive challenge and recommendations for improvement. Collaborate with other risk management functions (e.g., market risk, credit risk, operational risk) to ensure a consistent and integrated second line of defense.
• Model Validation Oversight: Participate in the independent review and validation of treasury risk models.
• Risk Governance and Framework Oversight: Contribute to the ongoing development and enhancement of the overall risk governance framework as it relates to Treasury activities.
• Ad-hoc Reviews and Projects: Participate in independent reviews and projects related to treasury and general Operational Risk Management.
Risk Analytics:
• Contribute to the ICAAP and contingency funding plan testing as needed.
• In collaboration with the Model Risk Management department perform stress testing on various aspects of the Treasury function as well as related reporting.
• Support the delivery of regulatory requirements relevant to Treasury analytics.

Risk Reporting Framework and Control:
• Maintain and enhance the Treasury Risk Management Policy and supporting documents.
• Ensure strong governance and effective controls across risk reporting activities in accordance with enterprise standards.
• Manage the design and implementation of processes to ensure the accuracy and consistency of all risk data used in reporting and analytics.
What You’ll Need to Succeed
• 1-3 years relevant experience and post-secondary degree/equivalent combination of education and experience.
• Expert technical skills/querying languages.
• Expert with reporting tools (Excel, Power Point, Power BI).
• Knowledge of risk systems/platforms.
• Post-secondary degree in a related field.
• Professional certification is an asset.
What Sets You Apart
• Strong analytical and problem-solving skills.
• Strong organizational and project management skills.
• Ability to prioritize and balance conflicting tasks and manage internal stakeholders.
• Comfortable with ambiguity.
• Expert knowledge of treasury subject matter.
• Ability to work within cross functional teams comprised of diverse backgrounds and skill sets and a demonstrated willingness and enthusiasm to be a team player.
• Strong interpersonal and communication skills, both written and verbal
• Embrace the challenge of working in a lean and fast-paced environment in a growing organization.
Our Values and What We Offer at RFA
At RFA, we live by our core values. These values guide our daily actions and shape our work culture:
• Accountability: You take ownership of your work & its consequences. You always consider risk & make informed decisions.
• Selflessness: You share info & teach others. You’re able to put your ego aside & understand that the best idea wins.
• Inclusivity: You value differing viewpoints & experiences. You understand how this can drive growth & innovation.
• Innovation: You seek opportunity & embrace change. You see tech as a way to enhance productivity & drive profitability.
• Courage: You make tough decisions in our best interest. You see opportunity when faced with challenge or adversity.
• Impact: You value results & your contributions. You rise to the occasion and never settle for sub-par.
• Performance: You embody a competitive spirit, desire to win and strive for executional excellence.
Along with a strong work culture, RFA offers a comprehensive benefits package, including:
• Health & Dental Care
• Vision Care
• RRSP Match
• Health & Wellness Spend
• Vacation & Personal Days
• Hybrid working environment
Ready to take the next step?
If this opportunity excites you and aligns with your skills and aspirations, we’d love to hear about how you can contribute to our team at RFA.
Accessibility
Accommodation is available upon request for applicants and employees with disabilities. If you are contacted for a job opportunity, please advise us of any accommodations needed to ensure you have access to a fair and equitable process. Any information received relating to accommodation will be addressed confidentially.