Top Benefits
About the role
Job Description
What is the opportunity?
The Associate Director, TPR Practices is responsible for leading change management to develop/maintain strong RBC risk management practices for managing risks arising from Third Parties effectively and efficiently, in line with regulatory requirements - including end-to-end Enterprise Third Party Risk process, tools, applications, and external and internal data sources. The Associate Director will also ensure Third Party Risk practices are deployed consistently across the enterprise, to enable alignment to RBC’s third-party risk appetite and compliance to the TPR Policy. The Associate Director will work in close partnership across broader 2LOD and 1LOD teams, ensuring stakeholder engagement and adoption during the development, review and implementation cycle.
What will you do?
Act as a leader in Third-Party Risk (TPR) Management
- Deliver on the TPRM vision and support advancement and adoption of TPR practices across the program.
- Foster strong stakeholder relationships to enable active and collaborative working relationships.
- Drive a culture of integrity and behaviors that align to RBC’s Code of Conduct and professional standards.
- Work collaboratively across teams, enabling an engaged workforce who are effective, knowledgeable and adaptable.
- Cultivate an environment of continuous personal growth.
Maintain and evolve Enterprise TPR Process and Practices
- Support the change of RBC’s enterprise third-party risk process and practices across 1LOD and 2LOD representatives, including communications and socialization of changes, training sessions, creation of guides and maintenance of existing documentation, and publication of practices related materials in RBC Connect.
- Lead the administration of change forum and engages with 1LOD and 2LOD representatives for the adoption of changes and improvement opportunities.
- Grow RBC’s risk intelligence practices and external tools to ensure that TPRM capitalizes on all external and internal data assets, driving proactive and responsive risk management.
- Support updates to third-party tools guides and integration to third party risk management practices;
- Use data and indicators to assess the effectiveness and efficiency of practices, identifying opportunities for future enhancements.
- Oversees the execution of 1LOD TPR training and processes.
- Lead projects / complex initiatives, including plan creation and execution plan, track in detail and reporting for stakeholders.
- Be aware/knowledgeable of Third Party Risk regulatory requirements, regulatory trends and industry best practices.
Ensure alignment of Enterprise TPR Process and Practices
- Support the integration of business segments into our Enterprise TPRM policies, processes, and applications, including the migration of their portfolio into RBC's enterprise solution.
- Ensure critical stakeholders are engaged and appropriate approval authorities are involved and sign off on new / updated practices and processes.
- Work with TPR policy and reporting teams to ensure practices are well reflected in TPR Policy and standards and measured in a consistent manner.
- Provide advice to 1LOD and other stakeholders in the development of playbooks/guides to enable compliance against TPR practices
- Engage with TPR team members to ensure understanding of TPR practices and consistency across controls, providing support where required
- Engage with other TPR stakeholders who support specific RBC’s TPRM practices, ensuring appropriate alignment with supporting requirements/expectations.
What do you need to succeed?
Must-haves
- 7+ years of experience in progressively responsible roles in the financial services industry with direct exposure to operational risk management, the third party risk lifecycle, enterprise-wide mandates
- Leadership experience in process design and process re-engineering
- Established acumen in Governance-Risk-Compliance (GRC) through 1LOD or 2LOD roles
- Strong understanding of the third-party risk governance framework and practices
- Good knowledge of global TPR regulatory requirements/best practices
- Change management acumen and direct experience in delivering risk management change initiatives
- Demonstrated continuous improvement mindset and delivery track record
- Strong leadership, stakeholder and people management skills
- Undergraduate degree
Nice-to-haves:
- Graduate degree or equivalent experience (MBA, Master of Applied Science/Engineering, etc.);
- Six Sigma certification; Professional Risk Management qualification or certification
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
Job Skills
Business Performance Management, Investment Banking Analysis, Investment Economics, Investment Management Systems, Investment Performance Measurement, Investment Risk, Investment Risk Management, Market Risk, Operational Risks, Performance Management (PM), Quality Management, Risk Management, Standard Operating Procedure (SOP)
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:
2025-10-22
Application Deadline:
2025-11-06
Note**:** Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
I****nclusion and Equal Opportunity Employment
At 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 Community
Stay 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 jobs.rbc.com.
About RBC
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.
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.
Top Benefits
About the role
Job Description
What is the opportunity?
The Associate Director, TPR Practices is responsible for leading change management to develop/maintain strong RBC risk management practices for managing risks arising from Third Parties effectively and efficiently, in line with regulatory requirements - including end-to-end Enterprise Third Party Risk process, tools, applications, and external and internal data sources. The Associate Director will also ensure Third Party Risk practices are deployed consistently across the enterprise, to enable alignment to RBC’s third-party risk appetite and compliance to the TPR Policy. The Associate Director will work in close partnership across broader 2LOD and 1LOD teams, ensuring stakeholder engagement and adoption during the development, review and implementation cycle.
What will you do?
Act as a leader in Third-Party Risk (TPR) Management
- Deliver on the TPRM vision and support advancement and adoption of TPR practices across the program.
- Foster strong stakeholder relationships to enable active and collaborative working relationships.
- Drive a culture of integrity and behaviors that align to RBC’s Code of Conduct and professional standards.
- Work collaboratively across teams, enabling an engaged workforce who are effective, knowledgeable and adaptable.
- Cultivate an environment of continuous personal growth.
Maintain and evolve Enterprise TPR Process and Practices
- Support the change of RBC’s enterprise third-party risk process and practices across 1LOD and 2LOD representatives, including communications and socialization of changes, training sessions, creation of guides and maintenance of existing documentation, and publication of practices related materials in RBC Connect.
- Lead the administration of change forum and engages with 1LOD and 2LOD representatives for the adoption of changes and improvement opportunities.
- Grow RBC’s risk intelligence practices and external tools to ensure that TPRM capitalizes on all external and internal data assets, driving proactive and responsive risk management.
- Support updates to third-party tools guides and integration to third party risk management practices;
- Use data and indicators to assess the effectiveness and efficiency of practices, identifying opportunities for future enhancements.
- Oversees the execution of 1LOD TPR training and processes.
- Lead projects / complex initiatives, including plan creation and execution plan, track in detail and reporting for stakeholders.
- Be aware/knowledgeable of Third Party Risk regulatory requirements, regulatory trends and industry best practices.
Ensure alignment of Enterprise TPR Process and Practices
- Support the integration of business segments into our Enterprise TPRM policies, processes, and applications, including the migration of their portfolio into RBC's enterprise solution.
- Ensure critical stakeholders are engaged and appropriate approval authorities are involved and sign off on new / updated practices and processes.
- Work with TPR policy and reporting teams to ensure practices are well reflected in TPR Policy and standards and measured in a consistent manner.
- Provide advice to 1LOD and other stakeholders in the development of playbooks/guides to enable compliance against TPR practices
- Engage with TPR team members to ensure understanding of TPR practices and consistency across controls, providing support where required
- Engage with other TPR stakeholders who support specific RBC’s TPRM practices, ensuring appropriate alignment with supporting requirements/expectations.
What do you need to succeed?
Must-haves
- 7+ years of experience in progressively responsible roles in the financial services industry with direct exposure to operational risk management, the third party risk lifecycle, enterprise-wide mandates
- Leadership experience in process design and process re-engineering
- Established acumen in Governance-Risk-Compliance (GRC) through 1LOD or 2LOD roles
- Strong understanding of the third-party risk governance framework and practices
- Good knowledge of global TPR regulatory requirements/best practices
- Change management acumen and direct experience in delivering risk management change initiatives
- Demonstrated continuous improvement mindset and delivery track record
- Strong leadership, stakeholder and people management skills
- Undergraduate degree
Nice-to-haves:
- Graduate degree or equivalent experience (MBA, Master of Applied Science/Engineering, etc.);
- Six Sigma certification; Professional Risk Management qualification or certification
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
Job Skills
Business Performance Management, Investment Banking Analysis, Investment Economics, Investment Management Systems, Investment Performance Measurement, Investment Risk, Investment Risk Management, Market Risk, Operational Risks, Performance Management (PM), Quality Management, Risk Management, Standard Operating Procedure (SOP)
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:
2025-10-22
Application Deadline:
2025-11-06
Note**:** Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
I****nclusion and Equal Opportunity Employment
At 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 Community
Stay 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 jobs.rbc.com.
About RBC
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.
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.