Senior Manager, Business Risk, RBC Wealth Management

Job Summary

Job Description

What is the opportunity?

This includes supporting the design and execution of essential Operational Risk and Regulatory Compliance programs in WM Canada and GAM including risk and control identification / assessment, leading risk reporting and assessments, and supporting on other strategic / innovation initiatives.

The successful candidate will maintain critical linkages with Centres of Governance, 2ND LoD Operational Risk (GRM OR), Compliance, and other critical areas of dependency for WM Canada and GAM to facilitate the exchange of information and integrated solutions to operational risk issues.

• Execute Risk & Control Assessments (RCSAs), including working with stakeholders to develop action plans where risks are outside of risk appetite.
• Act as Line of Business Head Delegate to support controls, including control assessments and annual attestations to assist lines of businesses in meeting their ongoing Internal Controls Management Policy (ICMP) and Regulatory Compliance Management (RCM) and obligations. Drive innovation in control design and control testing methods, working with control owners to leverage automation and data to modernize controls testing. Manage the rolling 12-month plan to ensure annual assessments are on time.
• Perform Operational Risk program elements including but not limited to: review/sign off on all integrated risk profile assessments on change initiatives, perform Risk Appetite and Key Risk Indicator refresh and reporting processes, perform Targeted Reviews and Root Cause Analyses through planning/execution/reporting, RPA Risk Assessments, manage / identify issues and related mitigation/follow-up, etc.
• Responsible for performing management-requested reviews, innovation / change projects, and ad-hoc reporting for senior executives and management team within WM Canada and GAM, enabling strategic decision making.
• Coordinate IAS audits, gathering of information requests, entrance, updates, and status and exit meetings.
• Manage critical evidence, archives and reference material – minutes, operating procedures, guidance documents, and supporting evidence for Operational Risk program

What do you need to succeed?

• Professional designation in Risk and/or Finance such as MBA, CPA, CFA.
• University Degree and recognized Industry Qualifications – Industry Securities / Options / Futures/Investment Management or equivalent courses.
• 5-8 years of combined knowledge, skill and background in operational risk practices, audit or compliance functions, securities operations within one or more businesses in WM or comparable businesses. Direct experience related to supporting Canadian investment dealers, trading and or/asset management.
• Strong problem solving, analytical (including qualitative and quantitative analysis) and research skills are essential as well as advanced desktop skills (e.g. excellent knowledge of Microsoft Office, Excel, and PowerPoint).
• Ability to deal effectively with senior management and multiple stakeholders.
• Strong communication and writing skills with the ability to present information effectively.
• Consulting mindset with focus on making strategically aligned business recommendations.

• Excellent knowledge of Wealth Management and RBC’s products, processes, and organization.
• Strong knowledge of wealth advisory, investment management, and financial planning front-office and back-office activities.
• Strong knowledge of Asset Management and related front-office and back-office activities.
• Familiarity with Canadian Investment Regulatory Organization (CIRO) rules and requirements.

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, commissions, and stock where applicable
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Flexible work/life balance options
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities
• Access to a variety of job opportunities across business

Job Skills

Asset Management, Operational Risk Assessment, Operational Risks, Regulatory Compliance, Risk Control, Risk Management, Wealth Management

Additional Job Details

Address:

180 WELLINGTON ST W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

1. 5

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-10-30

Application Deadline:

2024-11-13

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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