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, GRM Quality Assurance, BFS



What is the Opportunity?

As Director, GRM Quality Assurance (BFS), you will manage the team (5 Senior Managers, Quality Assurance) that conducts Quality Assurance post loan reviews for BFS, in support of GRM\'s 2nd line of defence oversight framework. The Director will oversee the group\xe2\x80\x99s methodologies in sampling, reviews, reporting and stakeholder management.

The Director will conduct reviews which will involve, assessment of the quality of financial analysis to support risk ratings, data integrity, and adherence to RBC\xe2\x80\x99s credit policies and procedures, amongst others. Segment coverage includes Commercial Credit, Small Business and Real Estate.

What will you do?

• Provide counsel to Business Unit partners. Ensuring risks inherent in new or amended products, processes, initiatives, strategies and systems are efficiently and accurately identified, assessed, mitigated and monitored, while maintaining and/or optimizing the risk reward balance.
• Provide a strong Second Line of Defense by promoting sound risk management practices and providing risk guidance.
• Execute upon Group Risk Management\'s risk frameworks and contribute to the ongoing development and updating of policy guidance.
• Engage stakeholders/partners using QA insight/reporting to identify areas to enhance the credit policies and processes.
• Seen as a \xe2\x80\x9ctrusted and respected partner\xe2\x80\x9d by key stakeholders in GRM, the business and other supporting functions.
• Add value through expertise and a solution mindset with win/win outcomes.
• Prioritize work flow and resources based upon business imperatives and changing requirements.
• Represent GRM in cross-functional teams, meetings, etc.; foster strong working relationships with all partners.

Must Have:

• Strong credit acumen and previous lending/adjudication experience in Commercial markets.
• Expert knowledge of Commercial lending and non-lending products including risk assessment disciplines, policies, procedures and industry issues.
• Strong impact and influence skills
• Proven track record of building productive relationships with business and functional partners.
• Consistently demonstrates intellectual curiosity and resourcefulness; proven decision making ability, able to deal with ambiguity.
• Proven ability to prioritize work effectively and manage competing demands.

Nice-to-Have:

• Experience in product development and credit process initiatives.

What is in it for you?

We thrive on the challenge to be our best, progressive thinking, to keep growing, and working together to build and deliver trusted reporting to help our stakeholders succeed 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
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to take on progressively greater accountabilities

Job Summary Day-to-day management and leadership responsibility of the BFS credit Quality Assurance group. Manages a team of 5 Senior Managers, Quality Assurance.
Oversees reviews that provide key insights into to the accuracy of credit risk ratings, data integrity, and adherence to RBC\xe2\x80\x99s credit policies and procedures.

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: 2023-02-10-08:00

Application Deadline: 2023-02-25-08:00

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