What is the opportunity?
As part of the CLAO team, the Director, Regulatory Engagement, Practice Management will be responsible for regulatory remediation plans, supporting the execution and continuous improvement of ECCO risk and control program with co-ownership over the execution and continuous improvement of risk and control methodologies.
By leading regulatory remediation portfolios and strengthening ECCO's methodology frameworks, the Director will ensure comprehensive risk coverage, robust regulatory compliance and enhanced risk transparency. This ensures appropriate identification, assessment, and coverage of the action plans part of the remediation activities across the first line of defense and enhancing our risk management and regulatory compliance capabilities to ensure the bank is well-positioned for future opportunity and sustainable growth.
The Director will drive standardization of the remediation activities, support regulatory compliance, provide analytical and advisory insights to key stakeholders, and partner with first, second and third line of defense colleagues, serving as a conduit to ensure program completion. ECCO team will work with ERR and GRMOR, and Senior Management across RBC's business platforms, functions, and regions, providing oversight and challenge to ensure effective implementation of resiliency and operational risk practices in compliance with regulatory and policy requirements, and in alignment with RBC's risk appetite.
What will you do?
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