Associate Director, Data Insights

apartmentRoyal Bank of Canada placeToronto calendar_month 

Job Summary

Job Description

What is the opportunity?

In the increasingly complex world of financial services, accurate and complete data is critical for risk management and regulatory compliance. Ensuring data integrity begins with an understanding of financial services data, data quality controls and identifying and resolving data observations and issues.
As an Associate Director, Data Insights, you will be accountable for driving improvements in Risk and Finance data through the management of identification, root cause analysis, and resolution of data issues for US business critical processes and regulatory reports.

Reporting to the Director, you will be responsible in building trust and ensuring the accuracy and completeness of shared data assets and reporting data by managing data quality initiatives.

What will you do?

Data Quality monitoring, observation identification and management
  • Review and assessment of exceptions and observations management investigations and reporting, and overseeing and monitoring the remediation of data and processes, as required.
  • Managing a team responsible for identifying and investigating data quality observations and issues, performing root cause analysis, and determining steps required to remediate the data and/or business processes.
Investigations and reporting
  • Manages and conducts detailed investigations and report findings based on data exceptions, identified observations, and ad hoc requests from critical Report owners and other users of shared data assets.
  • Manage a team of analysts that provides monthly summary and detailed data quality reporting to business partners, stakeholders and executive leadership, including data quality exceptions, findings and the status of outstanding observations.
Continuous improvement
  • Regularly review and update data quality process documentation for accuracy and completeness, monitor their efficiency and effectiveness and recommend/implement improvements to controls, investigations, reporting, observations management and work flows.
  • Based on root-cause analysis findings, propose process changes/improvements to address gaps or inconsistencies in data, processes and/or controls and raise awareness of best practices and approved provisioning points for commonly used data assets.
  • Maintain data quality tests and data quality observation repositories
Leadership and collaboration
  • Provide leadership and communicate effectively with team members, stakeholders and business partners, resolving conflicts/issues of medium complexity and escalating to others as appropriate.

What do you need to succeed?

Must-have
  • 7 + years of experience in financial services and systems including finance and credit risk data, data quality principles, data management, business analysis.
  • Knowledge of financial reporting and credit risk business concepts and procedures.
  • Intermediate to advanced knowledge of data analysis methods and the ability to analyze and resolve complex data related issues.
  • Experience conducting root cause analysis, using tools such as SQL, Excel.
  • Experience with business and/or technical documentation and the assessment of existing processes and systems.
Nice-to-have
  • Ability to manage multiple competing priorities in times of stress.
  • Experience working with financial services and systems including finance and/or credit risk data
  • Experience using Collibra or a similar data management or workflow platform

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 and competitive compensation
  • Leaders who support your development through coaching and managing opportunities
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Opportunities to do challenging work

#LI-Hybrid

#LI-Post

#LI-PK

Job Skills

Accountability, Business, Communication, Critical Thinking, Data Analysis, Data Governance, Data Integrity, Data Management, Data Movement, Data Quality, Data Warehousing (DW), Information Capture, Knowledge Organization, Leadership, Management Reporting, Microsoft Excel, People Management, Repository Tools, Structured Query Language (SQL)

Additional Job Details

Address:

BAY WELLINGTON TOWER, 181 BAY ST:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

  1. 5

Employment Type:

Full time

Platform:

CHIEF LEGAL & ADMIN OFFICE GRP

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-10-29

Application Deadline:

2024-11-15

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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