Associate, Capital Markets Europe Third Party and Outsourcing Risk Management (London or Frankfurt)
Top Benefits
About the role
Job Description
What is the opportunity?
This role has responsibility to support the Capital Markets UK & Europe outsourcing and third party strategy, collaborating with stakeholders across geographies in the management and reporting of outsourcing and third-party risk, and ensuring compliance with regulatory and enterprise policies & guidelines.
RBC’s expectation is that from mid-September 2025, all employees and contractors will work in the office with some flexibility to work up to 1 day per week remotely, depending on working arrangements.
What will you do?
- In collaboration with enterprise subject matter experts (SMEs), Function leads and business owners, support both third party and outsourcing governance in line with regulatory guidance and RBC’s governance policies;
- Support the implementation of monitoring controls and metrics for outsourced services and third-party arrangements, where applicable;
- Support business owners in identifying outsourced relationships, risk assessments and compliance of the outsourcing and third-party governance and controls;
- Ensure the engagement owners are monitoring, reviewing and mitigating outsourcing and third party risk;
- Support key stakeholders in their outsourcing and third-party strategy;
- Ensure outsourcing and third-party registers are updated in a timely manner, aligned with regulatory requirements, with the appropriate contract and SLAs in place for each outsourcing arrangement;
- Support the continued development and maturation of enterprise policies and procedures to incorporate local requirements, and where needed support the development and implementation of local outsourcing and third-party policies and procedures;
- Escalate material issues and risks to key stakeholders;
- Develop, publish and present reports relating to outsourced and third-party activities, to key stakeholders and relevant risk committees;
- Support the compliance standards for contracts and outsourcing relationships in collaboration with Data Privacy, Risk Management, Legal, Compliance Information Security, Business Continuity Management and Vendor Management.
- Act as SME for key stakeholders, including Internal and External Audit and Regulators;
- Project Management with different key stakeholders to remediate any gap and/or issue identified.
What do you need to succeed?
Must-have
- University degree in business, finance or other related fields or similar/equivalent.
- Strong relevant background preferably in Third Party Risk Management, Outsourcing Management, Operational Risk, or Regulatory Compliance.
- Experience with Outsourcing regulatory requirements (EBA Guidelines, PRA Supervisory Statement SS2/21, FCA), or strong understanding of related risk management principles.
- Familiarity with regulatory landscape facing global banks. Ideally, experience in banking industry, consulting or regulator institutions.
- Proficient in MS Office (Word, PowerPoint, Excel).
- Strong communication and collaboration skills.
Nice-to-have
- Knowledge of Outsourcing regulatory requirements in different jurisdictions (AT9 MaRisk, DORA; ACPR), or strong understanding of related risk management principles.
- Experience dealing with Internal and External Audits.
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 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.
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 additio nal details.
Job Skills
Business Process Design, Decision Making, Financial Risk Management (FRM), Operational Risks, Risk Control, Risk Management, Teamwork
Additional Job Details
Address:
100 BISHOPSGATE:LONDON
City:
London
Country:
United Kingdom
Work hours/week:
35
Employment Type:
Full time
Platform:
CAPITAL MARKETS
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2025-11-14
Application Deadline:
2025-11-28
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.
Associate, Capital Markets Europe Third Party and Outsourcing Risk Management (London or Frankfurt)
Top Benefits
About the role
Job Description
What is the opportunity?
This role has responsibility to support the Capital Markets UK & Europe outsourcing and third party strategy, collaborating with stakeholders across geographies in the management and reporting of outsourcing and third-party risk, and ensuring compliance with regulatory and enterprise policies & guidelines.
RBC’s expectation is that from mid-September 2025, all employees and contractors will work in the office with some flexibility to work up to 1 day per week remotely, depending on working arrangements.
What will you do?
- In collaboration with enterprise subject matter experts (SMEs), Function leads and business owners, support both third party and outsourcing governance in line with regulatory guidance and RBC’s governance policies;
- Support the implementation of monitoring controls and metrics for outsourced services and third-party arrangements, where applicable;
- Support business owners in identifying outsourced relationships, risk assessments and compliance of the outsourcing and third-party governance and controls;
- Ensure the engagement owners are monitoring, reviewing and mitigating outsourcing and third party risk;
- Support key stakeholders in their outsourcing and third-party strategy;
- Ensure outsourcing and third-party registers are updated in a timely manner, aligned with regulatory requirements, with the appropriate contract and SLAs in place for each outsourcing arrangement;
- Support the continued development and maturation of enterprise policies and procedures to incorporate local requirements, and where needed support the development and implementation of local outsourcing and third-party policies and procedures;
- Escalate material issues and risks to key stakeholders;
- Develop, publish and present reports relating to outsourced and third-party activities, to key stakeholders and relevant risk committees;
- Support the compliance standards for contracts and outsourcing relationships in collaboration with Data Privacy, Risk Management, Legal, Compliance Information Security, Business Continuity Management and Vendor Management.
- Act as SME for key stakeholders, including Internal and External Audit and Regulators;
- Project Management with different key stakeholders to remediate any gap and/or issue identified.
What do you need to succeed?
Must-have
- University degree in business, finance or other related fields or similar/equivalent.
- Strong relevant background preferably in Third Party Risk Management, Outsourcing Management, Operational Risk, or Regulatory Compliance.
- Experience with Outsourcing regulatory requirements (EBA Guidelines, PRA Supervisory Statement SS2/21, FCA), or strong understanding of related risk management principles.
- Familiarity with regulatory landscape facing global banks. Ideally, experience in banking industry, consulting or regulator institutions.
- Proficient in MS Office (Word, PowerPoint, Excel).
- Strong communication and collaboration skills.
Nice-to-have
- Knowledge of Outsourcing regulatory requirements in different jurisdictions (AT9 MaRisk, DORA; ACPR), or strong understanding of related risk management principles.
- Experience dealing with Internal and External Audits.
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 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.
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 additio nal details.
Job Skills
Business Process Design, Decision Making, Financial Risk Management (FRM), Operational Risks, Risk Control, Risk Management, Teamwork
Additional Job Details
Address:
100 BISHOPSGATE:LONDON
City:
London
Country:
United Kingdom
Work hours/week:
35
Employment Type:
Full time
Platform:
CAPITAL MARKETS
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2025-11-14
Application Deadline:
2025-11-28
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.