Job Summary

Job Description

What is the Opportunity?

This role is part of Group Risk Management – U.S. Enterprise Risk Transformation, supporting oversight of Culture & Conduct and Reputation risk in RBC’s Combined US Operations (CUSO), RBC’s Intermediate Holding Company (RIHC) and branches within the U.S.  This role will support development, maintenance and monitoring effectiveness of the Culture and Conduct Risks (CCR) and Reputation Risk Programs in the US, including the underpinning practices and methodologies. The role will also provide oversight and guidance to US lines of business (LoB)s and legal entities, coordinate with risk management functions in the US and Canada and assist in creating reporting for senior management and the Board.

What will you do?

Provide oversight on 1LOD culture and conduct risks, and engage with businesses and functions groups in CUSO on associated action plans to remediate issues

Prepare culture and conduct risk reporting for senior management and the Board Support continuous enhancement reporting on culture and conduct risks in CUSO, leveraging shared services

Support enterprise Client, Product and Suitability Risk Center of Governance activities across the segments within CUSO

Provide advice pertaining to changing U.S. regulatory expectations

Support and provide oversight to responses to information requests by U.S. regulators, supervisors, and statutory bodies

Contribute to preparation of board of directors materials on culture and conduct risk

Coordinate with stakeholders at the Enterprise and LoBs to ensure organizational alignment on culture and conduct risk related issues

Analyze and aggregate outputs and trends from Operational Risk Management program (e.g., Operational Risk Events, scenario analysis, risk register, Risk ID, etc.) and change initiatives to highlight any systemic culture and conduct risks issues and emerging risks for CUSO

Support Reputation Risk Framework implementation activities within CUSO region, including escalations to enterprise governance as required

Analyze and aggregate outputs and trends from Operational Risk Management program (e.g., Operational Risk Events, scenario analysis, risk register, Risk ID, etc.) and change initiatives to highlight potential reputational risk or issues for CUSO

Consult with and educate business and function groups on reputation risk framework requirements, including the execution and enhancement of practices, understanding of outcomes and refinements needed to foster business-led ownership

What do you need to succeed?

Required: Bachelor’s Degree in Business, Finance, Law or other related fields

5+ years previous experience work in a Risk Management role in a Financial Services organization.

Knowledge of one or more key risk discipline (e.g., Enterprise, Market, Counterparty, Credit, Liquidity and Operational Risk)

Experience with Reputation risk or Conduct risk oversight

Ability to synthesize complex information from multiple sources and produce impactful reporting to senior audiences

Experience developing processes and controls related to Heightened Standards or Reg YY will be prioritized

Strong written and verbal communication skills

Ability to influence and partner with multiple stakeholders at different levels of an organization

Experience managing complex projects and initiatives

In-depth knowledge of MS Office

Preferred: Master’s Degree in Business, Finance, Law or other related fields or Risk Management certification (e.g. FRM)

Strong understanding of risk management and regulatory regimes across U.S.; including operational risk, non-financial transverse risks

Ability to operate effectively in a highly matrixed organization

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

Opportunities to do challenging work

Opportunities to build close relationships with clients

The good-faith expected salary range for the above position is $160,000 - $250,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs.  This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

Drives RBC’s high performance culture

Enables collective achievement of our strategic goals

Generates sustainable shareholder returns and above market shareholder value

#LI – Hybrid

#LI – POST

Job Skills

Business Analytics, Decision Making, Financial Risk Management (FRM), Operational Delivery, Quality Management, Results-Oriented, Risk Management, Strategic Thinking

Additional Job Details

Address:

30 HUDSON STREET:JERSEY CITY

City:

Jersey City

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-08-26

Application Deadline:

2024-10-29

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.
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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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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.