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 you\xe2\x80\x99re 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



What is the opportunity?

As an Associate Director in the Business Management team, you will help manage interactions with a broad spectrum of internal and external stakeholders including regulators, auditors, operational risk, enterprise policy and Capital Markets. Deliverables will primarily include corporate governance and controls oversight, financial reporting, updating policies & procedures, coordinating reviews by internal and external audit, resolving operational risk issues, facilitating adhoc regulatory requests issues etc. You will also help the leadership team strive for high levels of employee engagement by facilitating work of various in-house committees. You will gain exposure to RBC and Capital Markets products, services, business and platform to become subject matter expert.

What will you do?

• Manage the interactions with finance partners; coordinate quarterly forecasts and annual planning process including sign-offs from Managing Directors and Senior Vice Presidents before presentation to the Executive Vice President.
• Act as a point person for all on-site internal and external audit reviews, including coordination of action plans. Attends quarterly meetings and ensure testing of SOX and other Key Controls
• Ensure global connectivity across all geographies by representing business management in the engagement committee and performance committee, thereby fostering a cohesive, collaborative and transparent work environment
• Prepare and curate content for the ongoing GRM Wholesale Credit Bulletin, work with various stakeholders to ensure relevant content is captured including audit and regulatory news and reminders, policy and procedure updates, employee engagement and Diversity and Inclusion initiatives, etc.
• Facilitate timely renewals of enterprise and WCR specific policies and procedures by obtaining feedback from Managing Directors and presenting final version to leadership team.
• Prepare the Single Name Limit summary submissions for single names with exposure exceeding Chief Risk Officer (CRO) authorities, for approval by the Risk Committee of the Board; liaise with Loan Portfolio Management, the respective GRM teams and the Risk Governance team to ensure all documents are prepared as per CRO requirements
• Manage the Operational Risk portfolio and submissions for Wholesale credit (including the quarterly Key Risk Indicators) and escalate operational risk issues to GRM and Operational Risk Management as required.

What do you need to succeed?

• Minimum 4+ years of experience with at least 1 in risk or other functions.
• Knowledge of processes, standards and products related to corporate lending, credit risk management and capital markets.
• Business degree and a high proficiency in writing and communication skills.
• Capable of managing executive level discussions.
• Strong analytical and organizational skills.

Nice-to-have

• Knowledge of project management process an asset.
• Knowledge of Canadian, US or International regulatory/audit/ accounting standards, and business processes in financial services.

What\xe2\x80\x99s 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
• Work in a dynamic, collaborative, progressive, and high-performing team
• To be part of a large and growing global organization which puts client interests first and has a culture of fairness and accountability

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: 2023-04-03

Application Deadline: 2023-04-15

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