Manager, Operational Risk Management
Job Summary
Job Description
What is the opportunity?
You will be responsible for embedding, improving, and maintaining the Wealth Management Europe (WME) Operational Risk & Control program in the WME units. This focuses on control assessment and control issue management, in accordance with the RBC Operational Risk Management Framework (ORMF) and various supporting policies and standards.
What will you do?- Support the global Operational Risk and Shared Services (OR&SS) team in executing the Operational Risk Management Framework for the WME business.
- Work closely with the WM-ORM Senior Manager, to ensure that RBC standards and requirements are met for the ORM program elements, with focus on control assessment.
- Document and maintain repository of key controls for high-risk processes for WME businesses.
- Support management in evaluating, developing, and implementing the WME risk appetite statement program, participating in local and or global projects, initiatives or working groups as required.
- Provide oversight of ORM measures and associated processes including KRIs, OREs, RAS, issue reporting and analysis.
- Participate in other BU ORM programs including RCSAs, targeted reviews, control testing in accordance with RBCs Standards.
- Support OR&SS team with risk management activities in IT Risk, Fraud, third party risk, data governance as required.
- Support the centralization/realignment of KRI’s, ORE’s, Reporting, Issue co-ordination and follow-up. Independently manage any escalations. Manage and follow upon complex issues as they arise.
What do you need to succeed?
Must-have- Exposure to operational risk management in a widespread, multi-unit organisation.
- University degree, professional designation, or relevant experience.
- Knowledge of operational risk management principles.
- In depth excel, word, and PowerPoint skills.
- Exceptional stakeholder management skills
- Private banking, Wealth Management experience.
- An industry recognised qualification relating to Operational Risk.
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.
- 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.
- Flexible and Hybrid working options fully supported.
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 additional details.
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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:
WEALTH MANAGEMENT
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2025-01-29
Application Deadline:
2025-02-14
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
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