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 Senior Director, Operational Risk Practices



What is the opportunity?

This role is ideal for the experienced Operational Risk professional who would like to take a leadership role, in the evolution of the capability across RBC.

Reporting to the VP Operational Risk Shared Services, you will lead a multi-skilled team of risk management professionals to translate our strategic vision into an executable ORM program roadmap.

You will work collaboratively with partners from all lines of defense, across all non-financial risk categories to ensure the ORM program embeds both industry best practices and regulatory expectations and encourages the required risk management behaviours/culture.

What will you do?

• Oversee the development and ongoing maintenance of the operational risk program, associated tools and methodology in a manner that considers both internal and external best practices as well as RBC\xe2\x80\x99s operational resiliency.
• Develop and set the vision and strategy for the operational risk program and establish clear goals, objectives, and deliverables for program execution.
• Proactively monitor the effectiveness of the operational risk program to ensure alignment with ORM strategy, harvest strategic insights into areas of opportunity and satisfy regulatory requirements such as the OSFI E-21 Self-Assessment Process.
• Provide expert advice on operational risk, leveraging insights from operational risk reporting and analytics, independent reviews and industry perspective to ensure RBC\xe2\x80\x99s operational risk program maintains a forward looking view that considers both managed and emerging risks.
• Cultivate a deep and broad relationship network across OR and RBC both to inform the design of initiatives but also to act as a culture carrier \xe2\x80\x93 embodying the OR transformation vision.
• Act as a strategic advisor to the Operational Risk Senior Management Team
• Lead a team of operational risk professionals and drive a culture of integrity and behaviors that align to RBC\xe2\x80\x99s Code of Conduct and professional standards.

What do you need to succeed?

Must-have

• At least 15 years\xe2\x80\x99 experience in risk management, deep knowledge of banking regulatory requirements and best practices related to risk management practices globally
• Expert in risk management methodologies
• Highly proficient in stakeholder management, change management, strategy development, people management
• Experience leading a large and/or complex global or cross-functional teams
• Demonstrated ability to build sustainable, trusted relationships in a matrixed organization
• Excellent leadership and influencing skills

Nice-to-have

• Direct operational risk management experience

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 and competitive compensation
• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work

Job Summary Directs the identification and measurement of organizational, physical and financial risk; implements programs and business processes to minimize risk. Manages a team of directors, senior managers, and managers by providing financial and people resource guidance.

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: 2023-06-19

Application Deadline: 2023-07-30

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