Job Summary
Job Description
What is the opportunity?
Risk Analyst within the HR Operational Risk & Compliance Team, as a part of the Operational Excellence CoE. In this role you will assist in executing Operational Risk Management requirements on behalf of RBC's Human Resources (HR) Function, ensuring ongoing adherence to RBC Risk Management Policies & Standards. The execution of Operational Risk Management program is performed in partnership with global HR partners across the Function's operating model as well with Group Risk Management and Risk Area Centres of Governance. Assists or participates in developing and implementing risk management frameworks to better manage, measure, monitor, and report on global risk exposures.
What will you do?
Execute on RBC's risk management requirements on behalf of the HR Function, ensuring ongoing adherence to RBC's risk management Policies and Standards.
Conduct risk assessments for HR, ensuring operational risk management standards are met including assessing the business environment and risk impacts, identifying, and reporting operational risks, understanding the control framework, and identifying any control gaps.
Responsible for risk event data collection and identification of control gaps to solve operational risk exposures.
Support investigation (deep dive analysis) of large loss events and incidents to assess potential systemic weaknesses.
Identify, document, and monitor key risk indicators (KRI), challenge the sufficiency and reasonableness of KRI's to track key risk exposures.
Analyze the design and operating effectiveness of HR's key operational risks and controls.
Curate data insights for senior HR leadership audience, expanding data analytics capabilities to enhance risk management practices.
Partner with 2nd Line of Defense partners in Group Risk Management to drive risk management insights.
What do you need to succeed?
Must Have:
Self-organized with proven time management skills.
Strong presentation and communication (verbal and written) skills.
Ability to assess and respond quickly to change in priorities with a continuous improvement mindset.
Maturity level and skill/judgement to be able to deal effectively with senior leaders within HR.
Strong interpersonal skills, professionalism, and stakeholder relationship management.
Problem solving, analytical (including qualitative analysis), research, and quantitative skills.
Technologically self-sufficient. Highly proficient in MS Office.
Nice to Have:
Working knowledge of industry Governance, Risk and Compliance (GRC) solutions/packages (e.g., Archer, RegComp).
Relevant Operational Risk Management experience, delivering risk-management specific programs.
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
Ability to make a difference and lasting impact
Work in a dynamic, collaborative, progressive, and high-performing team
Opportunities to take on progressively greater scopes of work
Job Skills
Business Process Design, Critical Thinking, Operational Risks, Risk Control, Standard Operating Procedure (SOP), TeamworkAdditional Job Details
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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 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.
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.