Senior Manager, Business Risk

What is the opportunity?
The Business Risk Manager (BRM) supports the Director, Business Risk Management who acts as the primary risk manager the Lines of Business (LoB) and is responsible for building and maintaining a high level of capability relative to risk identification, assessment, mitigation and monitoring across the LoB.

Job Description
What will you do?

Participate in Enterprise Risk Control Assessment process for the LoB, working with business representatives, ensuring that risk appetite constraints are supported by appropriate rationale factoring business growth objectives, external environment, industry practice and aligned to metrics where required.

Ensures comprehensive risk identification, assessment, mitigation and monitoring across all risk types for the LoB in accordance with the Enterprise Risk Framework, including:

Risk identification, assessment and mitigation,

Leads the LoB SMT in monitoring and participates, when required, in resolving applicable regulatory audits & inquiries such as but not limited to OSFI, CIRO, IAS, OSC and Regulatory Compliance issues as well as ongoing LoB attestations,

Supports a First Line of Defense framework in partnership with GRMS & ORMS

Works with & supports second line of defense teams such as compliance, AML, Tax advisory etc

The Senior Manager will work closely with functional partners as well Business Risk & Governance team members to identify and log operational and regulatory gaps/deficiencies in the appropriate platforms/systems, design and execute on the solutions required to close the issue that has been identified, support & or review and approval of various marketing & or communication materials for internal & external distribution, support the Francization committee for LOB, French communication approvals as required, and review & approval for social media responses.

What do you need to succeed?

Demonstrate a collaborative work ethic and enterprise-wide mindset in the performance of duties.

Supports LoB SMT to increase risk assessment/mitigation/monitoring capabilities across the LoB ensuring that employees understand RBC’s collective ambition relative to risk identification and management and support and reinforce targeted behaviors that contribute to RBC goals.

Promote a strong culture of risk conduct, control awareness and risk mitigation in all dealings within or outside business unit. Enable a pragmatic and streamlined approach to issue resolution.

Leverage the value in unit, department, and enterprise-wide teams to develop better solutions and achieve optimal enterprise-wide results.

Accept and successfully execute change management best practices while supporting employees and colleagues through the change process and helping them stay focused on business objectives.

Must haves

Minimum 10-15 years’ experience in financial services sector with 3-5 years experience in Risk

Proven business acumen and credibility

Strong influencing, collaboration, relationship building and communication skills

Strategic mindset, with significant knowledge and understanding of RBC businesses and organization

French language proficiency

Nice-to-have

Strong investments/brokerage, Retail banking & or operational experience is a definite asset and preferred

Solid working knowledge the financial services regulatory landscape, ideally with several years experience in Risk Management, Compliance or Internal Audit.

Canadian Securities Course (CSC), the Conduct & Practices exam (CPH) and Options Course (OLC)

Investment Dealer Supervisors Course (IDSC) course

What’s in it for you?

Primarily LOB-wide scope and impact, and where required and in partnership with ORMS, scope and impact across Canadian Banking and Wealth Management

Influences and effects change across business teams within the LoB

Builds, maintains and shares subject matter expertise on risk issues in the financial services industry

Job

Skills:

Business Process Design, Decision Making, Financial Risk Management (FRM), French Translation, Operational Risks, Risk Control, Risk Management, Teamwork

Additional Job Details
Address: WATERPARK PLACE, 20 BAY ST:

TORONTO

City:
Toronto

Country:
Canada

Work hours/week: 37.5

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