Director, Business Risk - Personal Financing Products
Top Benefits
About the role
What is the opportunity?
Personal Financing Products (PFP)’s Business Risk and Regulatory Initiatives team is seeking a Director to lead business risk efforts within PFP. The Business Risk team supports first line risk management and operational risk activities within the line of business working across: Home Equity Financing, Automotive Finance, and Personal Lending. As a Business Risk leader within the team you will be responsible for an effective risk and controls environment, proactive risk identification, and collaborating with our product teams and business risk partners within Ops Risk and the second line.
We are looking for a highly collaborative, curious, leader with a strong risk mindset and understanding of lending businesses from a product and/or operational perspective.
What will you do?
- Lead business risk initiatives within PFP
- Work closely with the PFP product lines of business
- Support transformational initiatives as a business risk advisor and SME
- Establish and enhance the risk and controls register
- Co-lead identification of transformation program level risks (e.g. PAR) & support mitigation development
- Lead the risk and controls forum for the business
- Be a strategic risk advisor to the business and Ensure comprehensive risk identification, evaluation, mitigation, and monitoring across all risk types for the business unit in accordance with the Enterprise Risk Framework, including:
- risk identification, assessment, and mitigation,
- risk control design testing and monitoring,
- risk issue resolution, and communication.
- Coach and mentor team members and support their development
What do you need to succeed?
Must have:
- Previous operational or product experience within Lending / Credit
- Strong grasp of Operational Risk Management and extensive experience in the design and evaluation of internal controls
- Effective at working with senior management and product teams to understand needs and requirements
- Strong impact & influence abilities including sound insight and judgment into business; solid ability to employ creative problem-solving skills
- Understanding of risk management including key trends, challenges, and best practices
- Inquisitive and proactive in identifying risks, proposing solutions and/or exercising sound and balanced judgement
Nice to have:
- Strong communication and presentation skills
- Proven ability to establish and execute new processes
- Ability to work successfully with ambiguity to deliver strong outcomes
- Ability to opportunity spot and identify efficiencies across businesses
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
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work
Job Skills
Auditing, Audits Compliance, Business Analytics, Decision Making, Financial Risk Management (FRM), Information Security Management, Occupational Safety and Health, Operational Delivery, Quality Management, Results-Oriented, Risk Management, Security Management, Strategic Thinking, Training Programs
Additional Job Details
Address:
RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTO
City:
Toronto
Country:
Canada
Work hours/week:
37.5
Employment Type:
Full time
Platform:
PERSONAL & COMMERCIAL BANKING
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2025-11-06
Application Deadline:
2025-11-20
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
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.
Director, Business Risk - Personal Financing Products
Top Benefits
About the role
What is the opportunity?
Personal Financing Products (PFP)’s Business Risk and Regulatory Initiatives team is seeking a Director to lead business risk efforts within PFP. The Business Risk team supports first line risk management and operational risk activities within the line of business working across: Home Equity Financing, Automotive Finance, and Personal Lending. As a Business Risk leader within the team you will be responsible for an effective risk and controls environment, proactive risk identification, and collaborating with our product teams and business risk partners within Ops Risk and the second line.
We are looking for a highly collaborative, curious, leader with a strong risk mindset and understanding of lending businesses from a product and/or operational perspective.
What will you do?
- Lead business risk initiatives within PFP
- Work closely with the PFP product lines of business
- Support transformational initiatives as a business risk advisor and SME
- Establish and enhance the risk and controls register
- Co-lead identification of transformation program level risks (e.g. PAR) & support mitigation development
- Lead the risk and controls forum for the business
- Be a strategic risk advisor to the business and Ensure comprehensive risk identification, evaluation, mitigation, and monitoring across all risk types for the business unit in accordance with the Enterprise Risk Framework, including:
- risk identification, assessment, and mitigation,
- risk control design testing and monitoring,
- risk issue resolution, and communication.
- Coach and mentor team members and support their development
What do you need to succeed?
Must have:
- Previous operational or product experience within Lending / Credit
- Strong grasp of Operational Risk Management and extensive experience in the design and evaluation of internal controls
- Effective at working with senior management and product teams to understand needs and requirements
- Strong impact & influence abilities including sound insight and judgment into business; solid ability to employ creative problem-solving skills
- Understanding of risk management including key trends, challenges, and best practices
- Inquisitive and proactive in identifying risks, proposing solutions and/or exercising sound and balanced judgement
Nice to have:
- Strong communication and presentation skills
- Proven ability to establish and execute new processes
- Ability to work successfully with ambiguity to deliver strong outcomes
- Ability to opportunity spot and identify efficiencies across businesses
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
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work
Job Skills
Auditing, Audits Compliance, Business Analytics, Decision Making, Financial Risk Management (FRM), Information Security Management, Occupational Safety and Health, Operational Delivery, Quality Management, Results-Oriented, Risk Management, Security Management, Strategic Thinking, Training Programs
Additional Job Details
Address:
RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTO
City:
Toronto
Country:
Canada
Work hours/week:
37.5
Employment Type:
Full time
Platform:
PERSONAL & COMMERCIAL BANKING
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2025-11-06
Application Deadline:
2025-11-20
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
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.