Senior Manager, Compliance Operational Risk – Royal Bank of Canada

Title of the Job: Senior Manager, Compliance Operational Risk

Location: Toronto, ON

Job Description: Job SummaryJob DescriptionWhat is the opportunity?As part of the CAO team in Compliance, the Compliance Operational Risk Senior Manager is responsible for leading execution of the Operational Risk requirements within the Regulatory Compliance function and maintaining a Satisfactory program status ensuring alignment with the Enterprise Operational Risk Framework, Policy and Standards. The Senior Manager also provides Operational Risk related support and advisory to regional/segment Compliance team members and engages with GRM Advisory & Oversight.**Please note this is a 6 month contract (or possible secondment) positionWhat will you do?

• Coordinate engagement of Segment/Regional Compliance teams and key Functional Stakeholders to support risk-prioritized Risk and Control Self-Assessments(s) that are applicable for the Regulatory Compliance function.
• Develop and maintain schedules of operational risk related activities across the Compliance function regions to ensure activities are completed when required and on-time.
• Prepare Operational Risk reports outlining Compliance’s Key Risk Indicators at the global and regional/segment level and the alignment of those metrics with the key risks/controls.
• Implement a centrally-coordinated Operational Risk Event management process for Regulatory Compliance; work closely with Regional/Segment Compliance teams to ensure centralized reporting, identification of root cause issues, and the execution and closure of the action items identified.
• Report on Operational Risk deficiencies, issues, and loss events identified by the regional/segment/functional Compliance representatives.
• Monitor, maintain and update Compliance-specific Operational Risk Standards/Procedure documents to align with RBC’s enterprise-wide policies.
• Provide advisory support and training to ensure RBC employees understand and adhere to policy requirements.

What do you need to succeed?

• 5-7+ years of relevant experience
• Financial services and compliance/operational risk management experience
• A solid understanding of Operational Risk taxonomy
• Understanding of/ experience in OSFI E-21 regulatory requirements
• Project/change management experience
• Strong leadership, communication (written and verbal) and presentation skills
• Ability to work independently, and with senior stakeholders

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
• 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
• Flexible work/life balance options

Job Skills Audits Compliance, Critical Thinking, Data Gathering Analysis, Decision Making, Financial Regulation, Industry Knowledge, Interpersonal Relationship Management, Product Services, Risk Management, Strategic ThinkingAdditional Job DetailsAddress: RBC CENTRE, 155 WELLINGTON ST W:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: LAW AND COMPLIANCEJob Type: Contract (Fixed Term)Pay Type: SalariedPosted Date: 2024-10-07Application Deadline: 2024-10-21Inclusion and Equal Opportunity EmploymentAt 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.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.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 .

Company Name: Royal Bank of Canada

Salary:

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