Director, Risk Assessment and Standardization, Risk Reduction

What's the opportunity?

The Risk Reduction and Strategic Execution team is part of the RBC Enterprise Control's Office an RBC cross enterprise function is designed to unify and strengthen First Line of Defense (1LOD) risk activities across all Business Units (BUs) and Functions, driving consistency and bolstering control practices. The Risk Reduction and Strategic Execution is a new mandate focused being a trusted advisor to 1LOD risk managers by developing, implementing, and training on a proactive, standardized, scalable process management discipline that empowers the bank to reduce risk and execute processes consistently and independently to drive business improvement and deliver on strategic objectives and responsible for ensuring execution of RBC's enterprise (Board, COE and Group Executive) initiatives meet outcomes, on time, on budget across multiple platforms. Working within a high-performance area of the bank, the team provides opportunities for skill development, career advancement, and the chance to work on the bank's most ambitious initiatives.

As the Director, Risk Assessment and Standardization you will lead a cross functional team and partner with BU and functional teams to develop and standardize process management practices across the enterprise to ensure consistency in how processes are managed from a risk perspective.

What will you do?

• Lead the development and execution of comprehensive operational risk activity process assessments across the enterprise.
• Identify, analyze, and prioritize operational risk processes to evaluate to ensure effective risk management and mitigation strategies.
• Lead the research, design and execution of standardized toolsets and consistent operating model to how processes are mapped, documented and maintained.
• Develop and implement standardized operational risk management processes to ensure consistency across the enterprise.
• Collaborate with business units to tailor standardized processes to their specific needs while maintaining enterprise consistency.
• Identify and develop new operational risk procedures as needed to address emerging risks and regulatory requirements.
• Work closely with senior leadership, business unit leaders, and other key stakeholders to drive alignment and support for operational risk process assessment and standardization initiatives.
• Communicate effectively with stakeholders to ensure a clear understanding of risk management objectives and progress.

What do you need to succeed?

Must-have

• Minimum of 8-12 years of experience in risk management, internal controls, or a related field within the financial services industry.
• Minimum 5 - 10 years of experience in leading lg programs in financial industry.
• Proven track record of leading and implementing risk assessment and standardization initiatives at an enterprise level.
• Strong understanding of regulatory requirements and industry best practices related to risk management and control frameworks.
• Comfortable working in ambiguous situations and across different lines of business

Nice-to-have

• Experience leading in a cross-functional, matrixed organization.
• Experience in process design and implementation
• Experience in technology transformation
• Familiarity with process improvement methodologies.
• Strong analytical and problem-solving skills, with the ability to think strategically and execute tactically.
• Excellent communication and interpersonal skills, with the ability to influence and build relationships at all levels of the 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 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

Job Skills

Additional Job Details

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

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.