Senior Manager, Operational Risk
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Senior Manager, Operational Risk
__Minneapolis, Minnesota, United States of America
Job available in 2 locations
- __Minneapolis, Minnesota, United States of America
- __Jersey City, New Jersey, United States of America
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Platform: GROUP RISK MANAGEMENT
Sub Category: Enterprise and Financial Risk
Type: Full time
Application Deadline: 11/03/2025
Req ID: R-0000143339
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Job Description
What is the opportunity?
The Senior Manager, Second Line of Defense (2LOD) Operational Risk role will report to Director, Operational Risk, and assist the Director with the development and implementation of 2LOD Operational Risk oversight programs, processes and reports for RBC Bank (Georgia). The Senior Manager shares the responsibility of the implementation and maintenance of the Operational Risk Framework throughout RBC Bank, while ensuring alignment with the Combined US Operations (CUSO) and RBC-wide operational risk management (ORM) strategy, including articulation of the operational risk profile and risk appetite for RBC Bank.
What will you do?
- Support the Management of the Operational Risk Oversight Program and Practices
- Participate in the management and oversight of ORM policies, standards, processes and tools for all operational risk management programs
- Perform objective assessment on the output of business’s First Line of Defense (1LOD) execution of Internal Controls Management, Risk and Controls Self-Assessment (RCSA), Internal Operational Risk Event Management or other ORM requirements.
- Collaborate with 1LOD to assess external events and provide oversight and challenge, and subject matter expertise to understand operational risk event experience relative to industry peers as well as the external event’s potential impact if it were to occur at RBC Bank.
- Collaborate with Centers of Governance across CUSO and RBC Enterprise on objective assessment results.
- Communicate to 1LOD, instances where quality and sufficiency of ORM activities, or the soundness of their outputs, are inadequate so that corrective actions can be taken
- Provide information about the outcomes of objective assessment, through escalation and reporting, to Senior Management and/or the Board
- Support the management of RBC Bank Group Risk Management control inventory and monitor the timely execution of the Risk owned controls.
- Supports the team in ensuring timely/active management and resolution of issues, either self-identified or identified by other parties.
- Execute reviews of operational risk programs to ensure they continue to be appropriate based on emerging risk trends, thematic risks, and regulatory changes. Recommend new or revised assessments and advise unit management on mitigation strategies.
- Support Director, Operational Risk with documenting Operational Risk report.
- Participate in operational risk reviews and feedback on the operational risk impact of major change initiatives, process improvements and transformational projects.
- Support a strong culture of risk and integrity through effective challenge and deep partnership with all three lines of defense to promote transparency of risks and matters requiring escalation.
What do you need to succeed?
Must-have
- Bachelor’s Degree or equivalent related experience.
- 6-8 years previous work experience in banking or financial services industry
- Strong knowledge of operational risk practices
Nice-to-have
- Previous experience working with retail lending products and securities-based lending products
- Operational Risk 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 competitive compensation, bonuses, and flexible benefits
- Continued opportunities for career advancement
- World-class sales training, coaching, and development opportunities
- Support from a dynamic, collaborative, progressive, and high performing team, as well as world-class tools and training
- Opportunity to achieve great success and grow your career with RBC
For New York/New Jersey: The good-faith expected salary range for the above position is $110,000 - $190,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.
For Minnesota: The good-faith expected salary range for the above position is $85,000 - $150,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.
RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:
- Drives RBC’s high performance culture
- Enables collective achievement of our strategic goals
- Generates sustainable shareholder returns and above market shareholder value
#LI-POST
Job Skills
Communication, Financial Instruments, Fraud Risk Management, Long Term Planning, Operational Risks, Risk Control, Risk Management, Waterfall Model
Additional Job Details
Address:
250 NICOLLET MALL:MINNEAPOLIS
City:
Minneapolis
Country:
United States of America
Work hours/week:
40
Employment Type:
Full time
Platform:
GROUP RISK MANAGEMENT
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2025-10-07
Application Deadline:
2025-11-03
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.
[ __ Back to search results ]( "Back to search results")
__ Previous job Next job __
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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.
Senior Manager, Operational Risk
Top Benefits
About the role
Skip to main content
-
Life at RBC
-
Life at RBC
Share this Opportunity
Senior Manager, Operational Risk
__Minneapolis, Minnesota, United States of America
Job available in 2 locations
- __Minneapolis, Minnesota, United States of America
- __Jersey City, New Jersey, United States of America
[ __ Save ](return false) [ __ Unsave ](return false)
Submit Error Email is required Error This value should be a valid email.
Platform: GROUP RISK MANAGEMENT
Sub Category: Enterprise and Financial Risk
Type: Full time
Application Deadline: 11/03/2025
Req ID: R-0000143339
[ __ Back to search results ]( "Back to search results")
__ Previous job Next job __
Job Description
What is the opportunity?
The Senior Manager, Second Line of Defense (2LOD) Operational Risk role will report to Director, Operational Risk, and assist the Director with the development and implementation of 2LOD Operational Risk oversight programs, processes and reports for RBC Bank (Georgia). The Senior Manager shares the responsibility of the implementation and maintenance of the Operational Risk Framework throughout RBC Bank, while ensuring alignment with the Combined US Operations (CUSO) and RBC-wide operational risk management (ORM) strategy, including articulation of the operational risk profile and risk appetite for RBC Bank.
What will you do?
- Support the Management of the Operational Risk Oversight Program and Practices
- Participate in the management and oversight of ORM policies, standards, processes and tools for all operational risk management programs
- Perform objective assessment on the output of business’s First Line of Defense (1LOD) execution of Internal Controls Management, Risk and Controls Self-Assessment (RCSA), Internal Operational Risk Event Management or other ORM requirements.
- Collaborate with 1LOD to assess external events and provide oversight and challenge, and subject matter expertise to understand operational risk event experience relative to industry peers as well as the external event’s potential impact if it were to occur at RBC Bank.
- Collaborate with Centers of Governance across CUSO and RBC Enterprise on objective assessment results.
- Communicate to 1LOD, instances where quality and sufficiency of ORM activities, or the soundness of their outputs, are inadequate so that corrective actions can be taken
- Provide information about the outcomes of objective assessment, through escalation and reporting, to Senior Management and/or the Board
- Support the management of RBC Bank Group Risk Management control inventory and monitor the timely execution of the Risk owned controls.
- Supports the team in ensuring timely/active management and resolution of issues, either self-identified or identified by other parties.
- Execute reviews of operational risk programs to ensure they continue to be appropriate based on emerging risk trends, thematic risks, and regulatory changes. Recommend new or revised assessments and advise unit management on mitigation strategies.
- Support Director, Operational Risk with documenting Operational Risk report.
- Participate in operational risk reviews and feedback on the operational risk impact of major change initiatives, process improvements and transformational projects.
- Support a strong culture of risk and integrity through effective challenge and deep partnership with all three lines of defense to promote transparency of risks and matters requiring escalation.
What do you need to succeed?
Must-have
- Bachelor’s Degree or equivalent related experience.
- 6-8 years previous work experience in banking or financial services industry
- Strong knowledge of operational risk practices
Nice-to-have
- Previous experience working with retail lending products and securities-based lending products
- Operational Risk 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 competitive compensation, bonuses, and flexible benefits
- Continued opportunities for career advancement
- World-class sales training, coaching, and development opportunities
- Support from a dynamic, collaborative, progressive, and high performing team, as well as world-class tools and training
- Opportunity to achieve great success and grow your career with RBC
For New York/New Jersey: The good-faith expected salary range for the above position is $110,000 - $190,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.
For Minnesota: The good-faith expected salary range for the above position is $85,000 - $150,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.
RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:
- Drives RBC’s high performance culture
- Enables collective achievement of our strategic goals
- Generates sustainable shareholder returns and above market shareholder value
#LI-POST
Job Skills
Communication, Financial Instruments, Fraud Risk Management, Long Term Planning, Operational Risks, Risk Control, Risk Management, Waterfall Model
Additional Job Details
Address:
250 NICOLLET MALL:MINNEAPOLIS
City:
Minneapolis
Country:
United States of America
Work hours/week:
40
Employment Type:
Full time
Platform:
GROUP RISK MANAGEMENT
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2025-10-07
Application Deadline:
2025-11-03
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.
[ __ Back to search results ]( "Back to search results")
__ Previous job Next job __
Similar Opportunities
-
Senior Manager, Business Risk & Controls Category __ Audit | Compliance | Legal | Risk Location __ Minneapolis, Minnesota, United States of America Job Type __ Full time __
-
Senior Operational Risk Analyst Category __ Audit | Compliance | Legal | Risk Location __ Minneapolis, Minnesota, United States of America Job Type __ Full time __
-
Associate Director - Cyber and IT Risk Category __ Audit | Compliance | Legal | Risk Job Type __ Full time Job available in 2 locations __
- Jersey City, New Jersey, United States of America
- Minneapolis, Minnesota, United States of America __
-
Senior Testing Officer Category __ Audit | Compliance | Legal | Risk Job Type __ Full time Job available in 4 locations __
- Jersey City, New Jersey, United States of America
- Minneapolis, Minnesota, United States of America
- Wilmington, Delaware, United States of America
- Los Angeles, California, United States of America __
-
Senior Compliance Testing Officer Category __ Audit | Compliance | Legal | Risk Job Type __ Full time Job available in 4 locations __
- Los Angeles, California, United States of America
- Minneapolis, Minnesota, United States of America
- Jersey City, New Jersey, United States of America
- Wilmington, Delaware, United States of America __
-
AML Analyst Category __ Audit | Compliance | Legal | Risk Location __ Minneapolis, Minnesota, United States of America Job Type __ Full time __
-
Compliance - Senior Testing Officer, Enterprise Testing Category __ Audit | Compliance | Legal | Risk Job Type __ Full time Job available in 4 locations __
- Los Angeles, California, United States of America
- Raleigh, North Carolina, United States of America
- Minneapolis, Minnesota, United States of America
- Jersey City, New Jersey, United States of America __
-
Securities Registrations Specialist Category __ Audit | Compliance | Legal | Risk Location __ Minneapolis, Minnesota, United States of America Job Type __ Full time __
-
Senior Compliance Officer Category __ Audit | Compliance | Legal | Risk Location __ Minneapolis, Minnesota, United States of America Job Type __ Full time __
Explore More __
See less __ See next __ See even more __
No recommendations found
Get Notified of Similar Opportunities
Sign up for alerts on new similar jobs.
Enter Email address (Required)
Sign up
__
Failure!
Whatever your "What," make it yours. Here. At RBC.
__ Close the popup
Find your next job.
Please navigate the suggestions using the tab key Search for Job title or location __ __ Clear text
__ Search
Career Site Cookie Settings __
Royal Bank of Canada Website, © 1995-2025
- __ RBC careers in Facebook
- __ RBC careers in Instagram
- __ RBC careers in Twitter
- __ RBC careers in You Tube
- __ RBC careers in Linkedin
backToTop __ Top
Legal | Accessibility | Privacy & Security | RBC Job Applicant Privacy Notice | Personal Information | Your Cookie Settings 9999408ebdf3474894ae6f66c3ab469c
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.