Manager, Business Risk and Reporting

Job title:

Manager, Business Risk and Reporting

Company

Royal Bank of Canada

Job description

Job SummaryJob DescriptionWhat is the opportunity?As the Manager Business Risk and Reporting you will be part of a high energy WM segment wide shared services team within WM Operational Risk and Shared Services (OR&SS) to support Wealth Management (WM) businesses including Investor Services Canada (IS) in the delivery of the First Line of Defence Reporting programs, including preparation of Operating Committee reports, Key Risk Indicators (KRI), Risk Appetite metrics and provide corresponding analysis which enables key risk-based decision making by WM leadership in the execution of their Operational Risk Management programs. In this role you will assist in the design and execution of Operational Risk practices by supporting the intake, interpretation and dissemination of RBC’s Risk Standards and policies by engaging with stakeholders across RBC including GRM, and other support functions.What will you do?

• Support the Senior Director and Senior Manager of WM Business Risk and Reporting team in perform management requested analysis, reviews, and reporting for senior management within WM, including Investor Services.
• Report on Operational Risk Appetite and Key Risk Indicators for all WM Lines of Businesses including IS.
• Support the annual refresh of Operational Risk Appetite, measures and thresholds, including back testing.
• Support the reporting and monitoring of outstanding audit and ORM issues to ensure they are on track for completion within the required deadline. Review and verify evidence to close issues.
• Research and input Operational Risk Events (OREs); gather and validate information provided by business to ensure compliance with ORM standards.
• Support targeted reviews through planning, execution, reporting and identifying high quality issues reflecting risk and root cause analysis
• Support the WM Business Risk teams in the documentation and maintenance of key controls for high risk processes as required to meet the Internal Control Management Policy (ICMP) and Regulatory Compliance Management Program (RCM)
• You will partner with other groups within WM Operational Risk and Shared Services (OR&SS) to build, maintain risk data dashboards and to identify opportunities to leverage data for development of risk data analytics and control assurance
• Manage critical team archives and reference material – minutes, operating procedures, guidance documents, and supporting evidence for Operational Risk programs.

What do you need to succeed?Must Have

• University Degree with over 5 years of financial industry experience in functional areas such as Operational Risk, Internal Audit, Finance or Compliance
• Strong communication skills and ability to intake, disseminate, summarize and present risk information clearly to senior management
• Advanced knowledge and experience using Tableau, Microsoft Excel and PowerPoint.
• Risk monitoring and reporting experience – Experience synthesizing data from multiple sources into cogent, articulate arguments and /or presentations
• Experience in developing and producing reports as well as mining and analysis of data and databases with strong problem solving, analytical, and research skills.
• Ability to deal effectively with senior management and multiple stakeholders.

Nice to Have

• Excellent knowledge of Wealth Management businesses such as Brokerage, Asset Management or Investor Services and Custody.
• Professional designation in Risk or Finance such as MBA, CPA, or CFA.

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 applicableLeaders who support your development through coaching and managing opportunitiesAbility to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamFlexible work/life balance optionsOpportunities to do challenging workOpportunities to take on progressively greater accountabilitiesAccess to a variety of job opportunities across business and geographiesJob Skills Business Process Design, Decision Making, Financial Risk Management (FRM), Operational Risks, Risk Control, Risk Management, TeamworkAdditional Job DetailsAddress: 180 WELLINGTON ST W:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: WEALTH MANAGEMENTJob Type: RegularPay Type: SalariedPosted Date: 2024-12-16Application Deadline: 2025-01-10Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion 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 .

Expected salary

Location

Toronto, ON

Job date

Wed, 18 Dec 2024 04:42:06 GMT

To help us track our recruitment effort, please indicate in your email/cover letter where (un-jobs.net) you saw this job posting.