Job Summary

Job Description

What is the opportunity?

The GRM Operational Risk Shared Services Team is responsible for the development, strategic direction, maintenance and monitoring effectiveness of the operational risk program and associated tools and methodology. The primary purpose for the Director role is to ensure an effective Enterprise operational risk programs are in place for Internal Operational Risk Events, External Operational Risk Events, and other operation risk programs; including Thematic Reviews to ensure programs are aligned to regulatory requirements such as OSFI E-21 or other global requirements.

This role partners closely with the Senior Director Risk Practice Management Strategy to provide operational risk support in facilitating the development, maintenance and monitoring the effectiveness of the operational risk framework and sound risk management practices across all of RBC’s business platforms and corporate functions. Further this role works to coordinate with regional requirements, and alignment to Enterprise.

What will you do?

Establish clear goals, objectives, and deliverables for the team based on ORM and Stakeholder priorities; monitor team progress and pivot to emerging priorities when neededEnable continual improvement and strengthening of practices, specifically strategic review of Internal Operational Risk Events and External Events practices Monitor compliance to policy, and communicating exceptions to Advisory & Oversight and Risk Centre’s of Governance teams for liaison with 1st LOD and other impacted partiesCreating strategic directions for programs experience externally or internally evolution, including setting direction, stakeholder engagement, tool evaluation, implementation and monitoringIdentify and prioritize future practice requirements after consultation with a defined community of users including both 1LOD, 2nd line (A&O, Risk Centre of Governance)Identification of related system requirements in consultation with technology team to support business requirementsDevelop multi-year practice roadmap in consultation with and aligned to with Risk Practice Strategy and Technology StrategyProvide expert advice on operational risk, leveraging insights from operational risk reporting and analytics, independent reviews and industry perspective to ensure RBC’s operational risk program maintains a forward-looking view that considers both managed and emerging risksActively seek to simplify requirements where appropriate to enable consistent practices. Actively support business partners in all lines of defence such as business operational leads, the A&O and Risk Centre of Governance communities in implementing the operational risk program in a manner that aligns with strategic objectivesEnsure stakeholders are enabled with appropriate operational risk tools and resources to react proactively to operational risk issues and provide ongoing subject matter expertisePrioritize and facilitate responses to queries and ad hoc requests coming from internal and external stakeholders ​

What do you need to succeed?

Must Have:

10+ years of experience in risk management with deep knowledge of banking regulatory requirements and best practices related to global risk management practicesExperience working in a matrixed environment, managing a diverse group of executive stakeholdersHighly proficient in stakeholder management, change management, strategy development, people managementStrong ability to influence, interpret feedback, motivate and effect changeExpert in risk management methodologies

Nice to Have:

Graduate degree or designation / certification associated with Risk ManagementStrong negotiation skills and ability to partner with multiple stakeholders across a matrixed environmentDirect operational risk experience

What’s 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.

Ability to make a difference and lasting impact bank-wideWork in a dynamic, collaborative, progressive, and high-performing teamFlexible work/life balance optionsOpportunities to do challenging workOpportunities to take on progressively greater accountabilitiesAccess to a variety of job opportunities across business and geographies

Job Skills

Decision Making, Emerging Risks, Financial Risk Management (FRM), Internal Events, Operational Delivery, Operational Risks, Operation Risk Management, Risk Framework, Risk Management, Risk Management Strategies, Stakeholder Management, Strategic Direction, Strategic Thinking

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:

2025-02-04

Application Deadline:

2025-02-22

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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