Associate Director - US Governance and Risk Reporting

RBC - Royal BankToronto, ON

30+ days ago

Salary

CA$114,490.00–CA$213,460.00 yearly

Job description

Job Summary

Job Description

What is the Opportunity?

This role is part of Group Risk Management - U.S. Governance & Risk Reporting team and will be responsible for managing the U.S. Chief Risk Office Report / Enterprise Risk Report and risk reporting to the RIHC Board and its committees. The Associate Director will provide a key role in ensuring risk reporting to the RIHC Board is in accordance with regulatory expectations and industry best practices.

What will you do?

Leads the preparation and coordination of the U.S. Enterprise Risk Report / U.S. CRO Report to the Risk Committee of the RIHC Board, working in collaboration with risk contributors to ensure messaging is clear and reporting is sufficient.
Works with the CUSO Risk Management Committee secretary to ensure proper coordination and escalation of materials to the Board.
Provides effective challenge on risk materials to be presented to the RIHC Board and its Committees
Works closely with the Subsidiary Governance Office to set and manage the Risk Committee agenda.
Interact and communicate with senior management to identify key topics of interest to Risk Committee of the Board including Education sessions, Deep Dives and Risk Lens
Builds strong relationships with risk counterparts including RBC Enterprise, CUSO and RIHC legal entities, promoting alignment and consistency
Keeps abreast of regulatory developments, industry best practices and leading trends in governance practices.
Responds to regulatory, Internal Audit and external survey requests as required (e.g. Federal Reserve, OCC, DTCC etc.)

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.

Strong organizational awareness, preferably with solid knowledge of risk management and / or governance standards & processes (management and / or board level)

General knowledge of key risk disciplines e.g., enterprise, market, counterparty credit, liquidity risk

Solid communication skills (both written and oral) and strong diplomatic and interpersonal skills to communicate with multiple stakeholders including senior management

Ability to manage well under pressure and tight deadlines; works well with changing priorities in a dynamic small team environment

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

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)

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 clients

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

Job Skills

Business Performance Management, Investment Banking Analysis, Investment Economics, Investment Management Systems, Investment Performance Measurement, Investment Risk, Investment Risk Management, Market Risk, Operational Risks, Performance Management (PM), Quality Management, Risk Management, Standard Operating Procedure (SOP)