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 Director, Canadian Banking Credit and Control Effectiveness (18 month contract)



What\'s the opportunity?

Support the overall objectives of P&CB and act as a strategic partner and Subject Matter Expert supporting initiatives and projects by providing guidance and direction on credit control design and testing. You will identify opportunities to expand the scope of credit reviews to appropriately capture both sales underwriting and adjudication in key business markets and related adjudication functions. You will work with internal and external partners to identify and implement new control evaluations and data base controls.

What will you do?

• Ensure that credit risk appetite is reinforced while supporting business growth by embedding the right risk tone and culture
• Continue to expand the scope of our automated testing to appropriately increase coverage of Key Controls and High Risk Issues, while reducing monitoring costs
• Pro-actively work with Risk Leads to identify opportunities for credit control improvements and automated credit control testing to address persistent issues
• Act as a design control expert working with the Lines of Business to enable timely and sustainable resolution of OSFI and IAS credit risk control issues and new credit risk related initiatives
• Ensure a comprehensive program for credit risk key controls design is in place and complemented by testing and controls monitoring so credit risk control effectiveness can be provided for each Lines of Business (LOB)
• Review control testing defects, develop control design enhancements, monitor OSFI and Internal Audit issues, ensuring that credit risk issues found in one LoB are addressed across of applicable LoBs
• Support LoBs as SME for new credit control design and evaluation

What do you need to succeed?

Must-have

• 5+ years of Deep RBC Commercial and Retail credit experience, at a management capacity
• Proven analytical and problem-solving skills, inquisitive nature and ability to challenge current practices
• A commitment to streamlined and effective processes for maximum business efficiency while assuring appropriate governance
• Proven change leadership and change management experience, and solid experience with retail lending and commercial risk assessment
• Knowledge of commercial mortgage lending, credit and an understanding of balancing sales with credit risk
• Strategic mindset with significant knowledge and understanding of RBC businesses and organization
• Solid conflict management, negotiation, influencing, planning and organization skills
• Ability to build partnerships with stakeholders and adapt to changes
• Post-secondary education
• Ability to commit to completing an 18 month contract in this role

Nice-to-have

• Solid working knowledge of banking operations and the financial services regulatory landscape, ideally with several years\xe2\x80\x99 experience in Risk Management, Compliance or Internal Audit.

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
• Leaders who support your development
• Ability to make a difference and lasting impact

Job Summary

Address: TORONTO, Ontario, Canada

City: CAN-ON-TORONTO

Country: Canada

Work hours/week: 22.5

Employment Type: Part time

Platform: Personal and Commercial Banking

Job Type: Contract (Fixed Term)

Pay Type: Salaried

Posted Date: 2023-02-24-08:00

Application Deadline: 2023-02-27-08:00

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