Job Description

Come Work with Us!

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether youre helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title Associate Director, GRM Operational Risk, Advisory & Oversight, Corp. Functions



What is the Opportunity?

The Associate Director, GRM Operational Risk, Advisory & Oversight, Corp. Functions will support the Director & Senior Director to ensure that operational risk profiles for each business have been established, kept current and demonstrate fair and accurate representation of operational risk exposure.

This role works closely with the Director and Senior Director to support the implementation of the OR framework and risk management practices across the platform

What will you do?

• Partner with 1st line-of-defense on the execution and effectiveness of ORM programs (e.g.: independent reviews, deep dive reviews, risk assessments and coordination of scenario analysis) to gain assurance on current and emerging issues
• Provide subject matter expertise to colleagues and management in understanding and managing operational risk policies and procedures across the domains
• Initiate and lead research into areas of perceived elevated or emerging operational risk
• Investigate large loss events/incidents to assess potential systemic weaknesses and ensure appropriate corrective action
• Support a strong culture of risk and integrity through effective challenge and deep partnership with first line to promote transparency of risks and matters requiring escalation
• Contribute to and gather information required to respond to regulators, supervisors and statutory bodies (if required)
• Monitor and analyze the design and operational effectiveness of a units control environment
• Develop/ leverage risk dashboards and metrics to identify trends and provide insights that contribute to an accurate profile of operational risk
• Support the strategy, culture and activities that enable the team to operate as an integrated organization
• Support a culture of integrity and behaviors that align to RBCs Code of Conduct and professional standards
• Work collaboratively across teams, contributing to an engaged workforce who are effective, knowledgeable and adaptable
• Foster an environment of continuous personal growth
• Support and provide recommendations on policies, processes and tools for multiple risk management programs

What do you need to succeed?

Must-have

• Experience in risk management (1LOD or 2LOD) or related field, knowledge of financial services products, processes, and regulatory environment
• Experience working in a matrixed environment, and coordination of work across a large number of stakeholders
• Strong banking background and experience 7+ Years
• Undergraduate degree
• Experience managing a team and/or leading complex projects
• Experience working in a matrixed environment actively managing a diverse group of stakeholders
• Proficient in risk management methodologies

Nice-to-have

• Strong negotiation skills and ability to partner with multiple stakeholders
• Strong ability to influence, motivate, effect change or challenge others
• Ability to transform overarching objectives into executable plan
• Graduate degree or equivalent experience.
• Designation associated with Risk Management

Whats 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

Job Summary Develops and implements global risk management reports, systems, and processes to minimize investments risks. Applies extensive, in-depth knowledge, skills, and practices to perform complex assignments.

Address: TORONTO, Ontario, Canada

City: CAN-ON-TORONTO

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: Group Risk Management

Job Type: Regular

Pay Type: Salaried

Posted Date: 2023-09-21

Application Deadline: 2023-10-07

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at rbc.com/careers.

Royal Bank of Canada