Job Summary

Job Description

What is the opportunity?

The GRM Operational Risk, Enterprise Advisory & Oversight (A&O) Team is responsible for the development and implementation of the global A&O strategy and integrating risk management best practices across the global team towards achieving best-in-class 2LOD oversight and challenge execution. As a part pf this team, the Associate Director role supports the build out of Processing & Execution risk and executes on the BAU activities of the global A&O team.

This role works closely with the Director and Senior Director to support the implementation of the GRM Operational Risk Standards and risk management practices across the global A&O team. The Associate Director supports activities required to ensure that the Enterprise operational risk profile demonstrates a fair an accurate representation of operational risk exposure and provides independent and objective operational risk management insights.

What will you do?

Act as a leader in ORM

Support the strategy, culture and activities that enable the team to operate as an integrated organizationChampion and emulate the behaviors and culture to embed risk management activities Support a culture of integrity and behaviors that align to RBC’s Code of Conduct and professional standardsWork collaboratively and leverage the value in the unit and global teams to support the development of a dedicated and involved workforce who are highly effective,  knowledgeable and adaptable.Foster an environment of continuous personal growth

Support A&O Strategy & Elevating the control environment

Ensure alignment with OR standards, processes and tools for multiple operational risk management programs to support execution of A&O procedures and mandateSupport strategy and roadmap for the Advisory & Oversight team including execution of an integrated approach globally on specific requirementsExecute on various aspects of A&O’s operating model to meet business as usual deliverables and risk management needsProvide seasoned subject matter expertise to support the execution of operational risk procedures across the global A&O teams

Enable Oversight and challenge practice and set best practices Across Advisory & Oversight Team

Coordinate with the GRM GRO model to support execution of A&O oversight and challenge on specific practicesBuild relationships with relevant stakeholders across GRM Operational Risk, functions and the various lines of business, to learn best practices and progress the teams vision and approach towards improved data management, automation, dashboards, and insights.Partner with global A&O teams to assess effectiveness of ORM programs to gain assurance on current and emerging issues i.e. quality programReview and assess output from operational risk management programs and practices to support accurate view of the Operational Risk ProfileSupport a global view of key risk indicators, operational risk data to provide management insights and to ensure accuracy of inputs into OR profile (primarily supporting processing and execution risk)Support Senior Director in independent, thematic reviews and/or emerging risk assessments to increase awareness of risk exposuresSupport ad-hoc projects and initiatives as assigned by senior team members, gaining exposure to various aspects of operational risk management practices (i.e. support of Change Initiative Risk Assessment tracking, reporting and policy adherence).Review and assess external data (ORX, Industry Events, etc.) to identify applicable events, trends and themes and lessons learned

Enable regulatory change, OR governance and reporting

Provide analysis and monitoring of the key control environment information and related assessments results Develop and analyze operational risk profiles and exposuresSupport Director / Senior Director as required with information to respond to regulatory requests, and providing required content/ analysis for senior managementConsolidate operational risk-related dashboards and leverage or data analytics, to support management insights and decision-makingCreating cross enterprise / horizonal review results for the global A&O team and interfacing with working groups as appropriate      

What do you need to succeed?

Must-have

Experience in risk management or related field, knowledge of banking products and processes, and regulatory environmentExperience in working in a matrixed environment, and coordination of work involving with a large number of stakeholdersExperience in procedure execution and quality monitoringStrong analytical, organization, communication, and presentation skillsData mining and reporting skills, with the ability to explore new technologies to enhance operational risk management governance & reporting processesBasic proficiency in data manipulation, analysis, and automation tasks.Undergraduate Degree

Nice-to-have   

Graduate degree or equivalent work experienceProven relationship management skills and demonstrated strong level of engagement with peers and partnersStrong negotiation skills and ability to partner with multiple stakeholders Strong ability to influence, motivate and effect changeAbility to transform overarching objectives into executable planConfidence to take on new ideas and challenge others

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 compensationAbility to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamOpportunities to take on progressively greater accountabilities

Job Skills

Business Process Design, Decision Making, Financial Risk Management (FRM), Key Risk Indicators, Operational Risks, Operation Risk Management, Risk Control, Risk Management, Risk Management Programs, Risk Management Strategies, Teamwork

Additional Job Details

Address:

20 KING ST W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-02-27

Application Deadline:

2025-03-08

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

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.
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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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