Job Description

What is the opportunity?

The Sr. Manager, Enterprise Risk develops and implements RBC Bank risk management reports, systems, and processes to minimize Enterprise risks. This role is part of Group Risk Management – RBC Bank Risk Management and will be responsible for execution of Risk Management Framework, development and enhancement of enterprise-wide governance, policy uplift, and second line of defense review and challenge. The Senior Manager will provide a key role in ensuring risk reporting to the RBC Bank Board is in accordance with regulatory expectations and industry best practices.

What will you do?

• Supports Execution of Risk Management Framework.
• Plan, facilitate and conduct second line of defense review and challenge across the bank for all risks – Credit, Market, Liquidity, Strategic, etc.
• Development and enhancement of Enterprise-wide governance, policies and procedures.
• Works with the committee secretary to ensure proper coordination of activities.
• Provides effective challenge on risk materials to be presented to the RBC Bank Board and its Committees.
• Drives day-to-day Core Team activities to meet project milestones and keep functions on track.
• Keeps abreast of regulatory developments, industry best practices and leading trends in risk management practices.
• Regularly prepares status reports, performance metrics, presentations and Enterprise-wide guidance in accordance with the ERM program and financial industry regulations, ad-hoc and as requested by management.
• Responds to regulatory, Internal Audit and external survey requests as required (e.g. Federal Reserve, OCC, DTCC etc.)
• Supports Enterprise Risk transformation, remediation, and escalation activities.

What do you need to succeed?

Must-have

• Bachelor’s Degree in Business, Finance, Law, Risk Management, or other related fields.
• 5+ years of experience in a Risk Management role in a Financial Services organization.
• Demonstrated ability to think critically and facilitate change through collaborative effort.
• Strong interpersonal, verbal and written communication skills.
• Strong knowledge of risk management and/or governance standards & processes (management and/or board level).
• Extensive knowledge and experience with various reporting, analysis, and presentation tools including MS Excel and Powerpoint.
• General knowledge of key risk disciplines e.g., for all risks – Credit, Market, Liquidity, Strategic, etc.

Nice-to-have

• Master’s Degree in Business, Finance, Law or other related fields or Risk Management certification (e.g. FRM).
• Prior work developing processes and controls related to Heightened Standards or Reg YY.
• 3+ years of experience with risk areas, control, policy, policy adherence, transformation.
• 3+ years of experience in project management or leadership.

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