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Full-Time
On-Site

Senior Manager, Business Risk

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Description

The Senior Manager, Business Risk supports the Director, Business Risk Management in developing and maintaining robust capabilities for risk identification, assessment, mitigation, and monitoring across the Line of Business. Key responsibilities include participating in the Enterprise Risk Control Assessment process, ensuring comprehensive risk management across various risk types in accordance with the Enterprise Risk Framework, and leading efforts to resolve regulatory audits and inquiries. The role involves collaborating with functional partners and risk teams to identify and address operational and regulatory gaps, as well as supporting the review and approval of marketing and communication materials.

What We're Looking For

Participate in Enterprise Risk Control Assessment process for the Line of Business.,Ensure comprehensive risk identification, assessment, mitigation, and monitoring across all risk types.,Lead the Line of Business Senior Management Team (SMT) in monitoring and resolving applicable regulatory audits & inquiries (e.g., OSFI, CIRO, IAS, OSC) and regulatory compliance issues.,Support a First Line of Defense framework in partnership with GRMS & ORMS.,Work with and support second line of defense teams (e.g., compliance, AML, Tax advisory).,Identify and log operational and regulatory gaps/deficiencies in appropriate platforms/systems.,Design and execute solutions to close identified issues.,Support and/or review and approval of various marketing and/or communication materials for internal & external distribution.,Support the Francization committee for Line of Business French communication approvals.,Review and approval for social media responses.

Ideal Candidate

Strong investments/brokerage, retail banking and/or operational experience is a definite asset.,Solid working knowledge of the financial services regulatory landscape, ideally with several years experience in Risk Management, Compliance or Internal Audit.,Canadian Securities Course (CSC),Conduct & Practices exam (CPH),Options Course (OLC),Investment Dealer Supervisors Course (IDSC) course

Hard Skills

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

Soft Skills

Collaborative work ethic
Enterprise-wide mindset
Influencing
Collaboration
Relationship building
Communication skills
Strategic mindset
Change management best practices
Promote a strong culture of risk conduct
Control awareness
Risk mitigation
Pragmatic and streamlined approach to issue resolution
Teamwork

Work Hours

37.5 hours/week

Benefits

RBC offers a comprehensive Total Rewards package including competitive base pay, performance bonuses, and flexible benefits like health and dental coverage. Employees also benefit from a defined contribution pension plan, stock ownership programs, wellness resources, and tuition reimbursement.

About the Company

R

Royal Bank of Canada

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. As Canada's largest bank, it provides personal and commercial banking, wealth management, and capital markets services to over 17 million clients worldwide.

Purpose-driven
Inclusive
Innovative
Collaborative
Professional
View all jobs at Royal Bank of Canada

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