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Strategic Risk Lead

RBC28 days ago
Urgently Hiring
Verified
Toronto, ON
Senior Level
Full-time

Top Benefits

A comprehensive Total Rewards Program including bonuses and flexible benefits
Leaders who support your development through coaching and managing opportunities
Ability to make a difference and lasting impact

About the role

Job Description

What is the opportunity?

This position, in the Second Line of Defense (2nd LOD), will be responsible for supporting the development and execution of City National Bank's (CNB's) Reputation and Strategic Risk Management program. Responsibilities include performing effective challenge and second oversight of the strategic planning process; developing and maintaining CNB's Strategic Risk Appetite and associated metrics; participating in the risk identification process and conducting second line challenge of new products and initiatives and providing oversight of Strategic Risk Issues and Controls. Performs other duties/projects as needed.

What will you do?

  • Perform effective challenge and second oversight of the strategic planning process, including the bank’s annual strategic plan and periodic reviews. Partner with Corporate Strategy, Risk Categories, and first line to drive robust risk assessments, metrics and reporting on the Bank’s most important priorities.
  • Develop and maintain Strategic Risk Appetite and associated metrics
  • Participate in the risk identification process and conduct second line challenge of new products and initiatives
  • Collaborate with other CNB functions to conduct capital planning and stress testing exercises
  • Provide oversight of Strategic Risk Issues and Controls
  • Coordinate with external banking partners, Royal Bank of Canada (RBC) and other managed affiliates to fulfill regulatory reporting requirements
  • Report on emerging areas of risk and implications to Strategic risk appetite and tolerance
  • Collaborate with and support other Enterprise Risk Management functions as needed
  • Promote a risk-aware culture, ensure efficient and effective risk and compliance management practices by adhering to required standards and processes

What do you need to succeed?

** Must-have**

  • Undergraduate degree
  • Minimum 8-10 years of experience in banking or consulting
  • Minimum**** 5 years of experience in risk management or corporate strategy

Nice-to-have

  • Master’s preferred
  • Knowledge of risk management methodologies and financial industry regulations
  • Experience in Credit, Market and/or Liquidity Risk preferred
  • Demonstrated ability to design, develop and produce reporting for senior management
  • Demonstrated ability to think critically and facilitate change through collaborative effort
  • Strong interpersonal, verbal, and written communication skills
  • Self-motivation, discipline, task focus, the ability to structure and present work and a
  • proven record of delivering high quality results within strict deadlines

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.

  • A comprehensive Total Rewards Program including bonuses and flexible benefits
  • Leaders who support your development through coaching and managing opportunities
  • Ability to make a difference and lasting impact
  • Work in an agile, collaborative, progressive, and high-performing team

About RBC

Banking
10,000+

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.

http://rbc.com/legalstuff.

La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais

Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.

https://www.rbc.com/conditions-dutilisation/