Associate Director, u.s. Governance Frameworks

What is the Opportunity?

This role is part of Group Risk Management – U.S. Enterprise Risk, supporting the execution of governance frameworks and Risk Appetite for the Combined US Operations (CUSO), RBC’s Intermediate Holding Company (RIHC) and branches within the U.S. This role will provide oversight and guidance to the lines of business (LoB)s and oversight functions as it pertains to creation, update and governance of Risk Appetite across the US.

What will you do?

• Assist in developing and updating CUSO Risk Management Framework

• Maintain Annual (and any off cycle) update of CUSO Risk Appetite Statements/ Measures (RAS/RAMs)

• Develop and maintain relationships with the legal entity and risk type partners

• Deliver risk appetite updates and results to the management team as required

• Perform Review and Challenge of proposals from the first line of defense

• Provide guidance on risk appetite measures to the second line of defense

• Lead the development of system of record for risk appetite program

• Assist in developing a system of record for risk appetite program

• Preparation of presentations for management and board committees

• Assist with meeting minutes and documentation requirements

• Quarterly reporting of Risk Appetite results to management and board committees

• Draft materials for quarterly meetings with US regulators and assisting with coverage of regulatory exams and requests for information, as well as any MRA remediations

• Maintain Risk Appetite supporting documentation files

• Provide guidance and share information across the US subsidiaries, to ensure alignment and best practices

• Work with the Enterprise Risk Appetite team in Toronto, for consistency and alignment of practices - as appropriate

What do you need to succeed?

• 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

• General knowledge of key risk disciplines e.g., enterprise, market, counterparty credit, liquidity risk and Operational Risk

• Working knowledge of Tableau and Python will be prioritized

• Prior experience within Risk or Product Control will be prioritized

• Prior work developing processes and controls related to Heightened Standards or Reg YY will be prioritized

• Managing projects and initiatives for multiple stakeholders

• Master's Degree in Business, Finance, Law or other related fields or Risk Management certification preferred

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 building close relationships with partners and management team

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

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Additional Job Details

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above