Job Description

Job SummaryWhat is the opportunity?The Senior Manager, Business Risk, provides support to RBC Global Asset Managementxe2x80x99s (GAM) and RBC Wealth Management (WM) Canadaxe2x80x99s Operational Risk management leadership, by providing expertise, advice and counsel, enhancing managementxe2x80x99s ability to anticipate and manage operational risks effectively. This includes supporting the design and execution of essential Operational Risk and Regulatory Compliance programs in GAM and WM Canada including risk and control identification/assessment, leading risk reporting and assessments, error reviews, and supporting on other strategic/innovation initiatives.Reporting to the Director, WM Business Risk, the Senior Manager, Business Risk will lead operational risk/regulatory compliance reviews and provide expert feedback on the operational risk impact of major change initiatives, process improvements, and transformational projects. The successful candidate will maintain critical linkages with Centres of Governance, 2LoD Operational Risk (GRM OR), Compliance, and other critical areas of dependency for WM Canada and GAM to facilitate the exchange of information and integrated solutions to operational risk issues.What will you do?

• Execute Risk & Control Assessments (RCSAs), including working with stakeholders to develop action plans where risks are outside of risk appetite.
• Act as Line of Business Head Delegate to support controls, including control assessments and annual attestations to assist lines of businesses in meeting their ongoing Internal Controls Management Policy (ICMP) and Regulatory Compliance Management (RCM) and obligations. Drive innovation in control design and control testing methods, working with control owners to leverage automation and data to modernize controls testing. Manage the rolling 12-month plan to ensure annual assessments are performed on time.
• Perform Operational Risk program elements including but not limited to: error reviews, review/sign off on all integrated risk profile assessments on change initiatives, perform Risk Appetite and Key Risk Indicator refresh and reporting processes, perform Targeted Reviews and Root Cause Analyses through planning/execution/reporting, RPA Risk Assessments, manage/identify issues and related mitigation/follow-up, etc.
• Responsible for performing management-requested reviews, innovation / change projects, and ad-hoc reporting for senior executives and management team within GAM and WM Canada, enabling strategic decision making.
• Coordinate IAS audits, gathering of information requests, updates, and status and exit meetings.
• Manage critical evidence, archives and reference material xe2x80x93 minutes, operating procedures, guidance documents, and supporting evidence for Operational Risk and Regulatory Compliance programs.

What do you need to succeed?Must Have

• Professional designation in Risk and/or Finance such as an MBA, CPA, CFA.
• 5-8 years of combined knowledge, skill, and background in Operational Risk practices, Audit, or Compliance functions.
• University Degree and recognized Industry Qualifications xe2x80x93 Industry Securities / Options / Futures/Investment Management or equivalent courses.
• Strong problem solving, analytical (including qualitative and quantitative analysis) and research skills are essential as well as advanced desktop skills (e.g. excellent knowledge of Microsoft Office, Excel, and PowerPoint).
• Ability to deal effectively with senior management and multiple stakeholders.
• Strong communication and writing skills with the ability to present information effectively.
• Consulting mindset with focus on making strategically aligned business recommendations.

Nice to Have

• Excellent knowledge of Wealth Management and RBCxe2x80x99s products, processes, and organization.
• Strong knowledge of Asset Management and related front-office and back-office activities.
• Strong knowledge of wealth advisory, investment management, and financial planning front-office and back-office activities.
• Experience in securities operations within one or more businesses in WM or comparable businesses. Experience supporting Canadian investment dealers, trading, and or/asset management.
• Familiarity with Canadian Investment Regulatory Organization (CIRO) rules and requirements.

Whatxe2x80x99s 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
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Flexible work/life balance options
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities
• Access to a variety of job opportunities across business

Job Skills Asset Management, Control Assessment, Operational Risk Assessment, Operation Risk Management, Risk Management, Senior Management Reporting, Wealth ManagementAdditional Job DetailsAddress: 180 WELLINGTON ST W:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: WEALTH MANAGEMENTJob Type: RegularPay Type: SalariedPosted Date: 2025-05-26Application Deadline: 2025-06-09Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion and Equal Opportunity EmploymentAt RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.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 .

Royal Bank of Canada