Top Benefits
About the role
Job Description
What is the opportunity?
RBC Home Equity Financing (HEF), Canada’s leading lender of residential mortgages, is hiring for a Senior Manager, Home Equity Finance, Policy. Responsibilities will include designing and writing new lending policies, providing policy and process response for regulatory and other risk reviews, recommending prudent risk management activities, and other policy related projects as assigned. You will support the Senior Director, HEF Policy and Product and work closely with key partners including Credit Adjudication, Sales, Operations and Group Risk Management.
What will you do?
- Own key policies and develop policy changes to achieve Home Equity Financing objectives and goals to simplify and improve the client experience, enable employees to provide holistic client advice and sell mortgage products, reduce costs and manage risks.
- Enhance shareholder value by identifying and working through opportunities to optimize Home Equity Financing policies and end-to-end processes.
- Serve as Subject Matter Expert for all policy matters relating to Home Equity Financing and its policies.
- Collaborate with key partners in Adjudication, Sales, Operations, Group Risk Management, AML, Compliance and Business Risk Management.
- Assist in the development of strategies aligned to HEF priorities.
- Author memorandums and risk assessments as required.
- Create implementation plans, including communications and change management to ensure common understanding across mortgage value chain of new or amended policies.
- Proactively identify and lead timely resolution of any risks, control deficiencies and issues identified and related to Home Equity Finance policy.
What do you need to succeed?
Must-have**:**
- 5-10+ years in credit, credit risk, risk management or a strategic business role
- Strong risk management and/or operations knowledge with proven experience of the mortgage business including mortgage value chain of application, underwriting, fulfillment and servicing
- Progressive industry / business operational experience with solid understanding of business process development and improvement
- Ability to understand data analytics to translate to business impacts and develop recommendations
- Excellent written and verbal communication including experience presenting to stakeholder groups
- Experience writing risk assessments or other similar proposal and approval documents
- Ability to understand impacts of regulatory policy changes, complete analysis and provide recommendations for action to management
Nice to have**:**
- Experience in other credit lending or strategic businesses (i.e. Personal Credit Lending, Commercial Credit lending, Credit Cards, etc.)
- Fluent or proficient in French
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, competitive compensation
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to take on progressively greater accountabilities
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:
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:
2025-09-03
Application Deadline:
2025-09-18
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?
RBC Home Equity Financing (HEF), Canada’s leading lender of residential mortgages, is hiring for a Senior Manager, Home Equity Finance, Policy. Responsibilities will include designing and writing new lending policies, providing policy and process response for regulatory and other risk reviews, recommending prudent risk management activities, and other policy related projects as assigned. You will support the Senior Director, HEF Policy and Product and work closely with key partners including Credit Adjudication, Sales, Operations and Group Risk Management.
What will you do?
- Own key policies and develop policy changes to achieve Home Equity Financing objectives and goals to simplify and improve the client experience, enable employees to provide holistic client advice and sell mortgage products, reduce costs and manage risks.
- Enhance shareholder value by identifying and working through opportunities to optimize Home Equity Financing policies and end-to-end processes.
- Serve as Subject Matter Expert for all policy matters relating to Home Equity Financing and its policies.
- Collaborate with key partners in Adjudication, Sales, Operations, Group Risk Management, AML, Compliance and Business Risk Management.
- Assist in the development of strategies aligned to HEF priorities.
- Author memorandums and risk assessments as required.
- Create implementation plans, including communications and change management to ensure common understanding across mortgage value chain of new or amended policies.
- Proactively identify and lead timely resolution of any risks, control deficiencies and issues identified and related to Home Equity Finance policy.
What do you need to succeed?
Must-have**:**
- 5-10+ years in credit, credit risk, risk management or a strategic business role
- Strong risk management and/or operations knowledge with proven experience of the mortgage business including mortgage value chain of application, underwriting, fulfillment and servicing
- Progressive industry / business operational experience with solid understanding of business process development and improvement
- Ability to understand data analytics to translate to business impacts and develop recommendations
- Excellent written and verbal communication including experience presenting to stakeholder groups
- Experience writing risk assessments or other similar proposal and approval documents
- Ability to understand impacts of regulatory policy changes, complete analysis and provide recommendations for action to management
Nice to have**:**
- Experience in other credit lending or strategic businesses (i.e. Personal Credit Lending, Commercial Credit lending, Credit Cards, etc.)
- Fluent or proficient in French
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, competitive compensation
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to take on progressively greater accountabilities
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:
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:
2025-09-03
Application Deadline:
2025-09-18
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.