Manager, Third Party Risk Supplier Assurance

Job Description

What is the opportunity?

As a key contributor of the Personal Banking & Commercial Banking Supplier Management Office (SMO) team, you will focus on conducting supplier assurance reviews of third parties, contributing to the development of the SMO’s new QA and Assurance framework, identifying process improvements, and collaborating with stakeholders such as business units, governance teams, and other Supplier Management Offices (SMOs). You will leverage your expertise in third-party risk management, operational risk, and regulatory compliance, with a focus on ensuring our business partners meet third party risk requirements and identifying operational efficiencies. This position is critical for mitigating third-party risks and ensuring compliance with RBC’s Enterprise Third Party Risk Management Policy.

What will you do?

• Lead 3rd party risk assurance reviews on PB & CB’s supplier engagements to ensure compliance to requirements such as Supplier Code of Conduct, Certificate of Insurance, anchoring platform, and to ensure EIM/SRMA findings are remediated within the defined timelines
• Develops and delivers training and awareness on third-party risk management and policy compliance to internal partners
• Monitors to ensure KRI’s stay within thresholds; works with the LOBs to ensure the appropriate action plans are in place to address any KRI breaches, controls gaps etc
• Provide subject matter expert support to the engagement owners and supplier managers in support of the Enterprise 3rd party risk policies and standards
• Support the development and maintenance of the 1st Line of Defense (1LOD) assurance framework, including reporting metrics, trends, and remediation efforts for senior management
• Identify process improvements to enhance operational efficiencies in supplier management and risk assessment processes
• Collaborate with, and challenge stakeholders (e.g., business units, governance teams, Supplier Management Offices) to address risk concerns and ensure QA compliance
• Identify Supplier Assurance and quality gaps, and support the logging of issues / findings, escalating non-compliance or critical risks to senior management as needed
• Support regulatory/compliance initiatives as required
• Support business with timely completion of supplier risk activities and adherence to established service standards
• Forward plan assurance activities to meet due diligence requirements and identify operational efficiency opportunities

What do you need to succeed?

Must-have:

• 2+ years' experience in third party risk management or operational risk roles
• Deep knowledge of third-party risk standards and best practices, and working knowledge of the Archer SRMA system
• Proven expertise in Operational Risk and regulatory compliance
• Self starter with ability to prioritize own work, while working as a team to deliver results
• Ability to apply strategic thinking to translating risk concepts into business language
• Professional oral and written communication skills
• Strong analytical and problem-solving capabilities
• Change management and stakeholder engagement expertise, with a proven ability to influence cross-functional teams and senior leadership
• Attention to detail and commitment to quality and compliance
• Ability to work in a fast-paced, dynamic environment
• Bachelor’s degree in finance, Business Administration, Risk Management, or related field

Nice-to-have:

• College, university or equivalent project management designation
• Professional risk certification (e.g., FRM, CRM, PRM)
• Advanced capabilities in data analysis, dashboarding and reporting (Excel, Tableau, or similar tools)

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 stocks 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 teams
• Opportunities to building close relationships with clients

Job Skills

Communication, Process Management, Risk Management, Teamwork, Third Party Risk Management

Additional Job Details

Address:

RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

PERSONAL & COMMERCIAL BANKING

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-06-09

Application Deadline:

2026-06-24

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

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.

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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.