Job Summary

Job Description

What is the opportunity?

As the Director, UK and EU Third Party Risk (TPR), you will lead TPR oversight and challenge for our United Kingdom (UK) and European Union (EU) operations and the associated legal entities, segments, and functions operating within the UK and EU.  

In addition, you will be responsible for designing, maintaining, and evolving key third party risk related controls in partnership with colleagues within the Enterprise Third Party Risk and other areas.  

You will work in close partnership with the other members of the TPRM leadership team to provide full 2LOD TPRM coverage across the UK and EU.  

You will also ensure effective UK and EU alignment to the RBC’s Supplier Code of Conduct and RBC’s Enterprise Third Party Risk Management framework, related policies, standards and procedures.

Your role is integral to ensuring strong TPRM practices are in place for the UK and EU and aligned with OSFI’s B-10 Guideline and all UK and EU regulatory requirements related to third party risk management.   

What will you do?

Deliver on the TPRM vision and execute TPR oversight and challenge 

Foster strong stakeholder relationships to enable active and collaborative working relationships

Provide third-party risk oversight and challenge over RBC’s UK and EU operations

Leverage data-driven insight and provide oversight and challenge on key risk indicators

Lead scenario-driven and thematic reviews to assess effectiveness of controls across the end-to-end third-party lifecycle

Review third-party risk related outputs (e.g., pre-contract challenge of engagement risk assessments), risk issues, acceptances and action plans to ensure 1LOD is operating within stated Risk Appetite

Conduct third-party risk event reviews related to areas of support 

Lead the design, implementation, and evolution of TPR controls and practices

Lead the continued evolution of RBC’s Non-Supplier Third-Party risk management standard and practices and integration into existing monitoring, reporting, etc.

Support implementation of key ORM initiatives 

Identify trends and new information, and direct research into areas of new third-party risk practices and/or perceived elevated or emerging operational risk

Ensure team acumen in organizational, regulatory, strategic, financial and operational changes and broader external factors/trends impacting TPRM practices

Participate in various TPRM focused forums, working groups, committees, and industry events

Provide impactful Operational Risk advice

Provide TPRM risk mitigation strategies; advise senior management and executives in understanding and managing TPR across multiple domains.

What do you need to succeed?
 

Must-have

Extensive experience in progressively responsible roles in the financial services industry with direct exposure to third party risk management, third party lifecycle, operational risk management,  enterprise-wide mandates

Established acumen to Governance-Risk-Compliance (GRC) through 1LOD or 2LOD roles

Advanced quantitative, analytical and critical thinking skills

Strong understanding of third party risk governance framework and practices

Knowledgeable in third party risk focused regulations in the financial services industry.

Nice-to-have

Strategic mindset and capability in problem solving, simplification, efficiency

Excellent facilitation, written and oral communication and presentation skills

Demonstrated analytical and critical thinking skills

Skilled in building a network and maintaining key relationships

Demonstrated project management and organizational skills

Story-teller – can translate data and information into insights and advice

Regulatory relations / engagement / examinations / response.

What is 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 stakeholders succeed, 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, flexible benefits, and competitive compensation.

Leaders who support your development through coaching and managing opportunities.

Opportunities to work with the best in the field.

Ability to make a difference and lasting impact.

Work in a dynamic, collaborative, progressive, and high-performing team.

A world-class training program in financial services.

Flexible working options fully supported.

Agency Notice

RBC Group does not accept agency resumés.  Please do not forward resumés to our employees, nor any other company location.  RBC Group only pay fees to agencies where they have entered into a prior agreement to do so and in any event do not pay fees related to unsolicited resumés. Please contact the Recruitment function for additional details.

Job Skills

Decision Making, Financial Risk Management (FRM), Information Security Management, Operational Delivery, Risk Management, Security Management, Strategic Thinking

Additional Job Details

Address:

100 BISHOPSGATE:LONDON

City:

London

Country:

United Kingdom

Work hours/week:

35

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-02-10

Application Deadline:

2025-02-24

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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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 jobs.rbc.com.