Job Summary
This role is part of Group Risk Management (GRM) – U.S. Enterprise Risk, supporting the coordination of independent risk oversight of the RBC U.S. strategic plan and execution of the Strategic Risk Management framework for the Combined US Operations (CUSO), RBC’s Intermediate Holding Company (RIHC) and branches within the U.S. This role will provide oversight and guidance to the lines of business (LoB)s, coordinate with GRM functions in the US and Canada and assist in reviewing strategic transactions and understanding developments that could represent strategic risks to RBC US.
What is the Opportunity?
This role is part of Group Risk Management (GRM) – U.S. Enterprise Risk, supporting the coordination of independent risk oversight of the RBC U.S. strategic plan and execution of the Strategic Risk Management framework for the Combined US Operations (CUSO), RBC’s Intermediate Holding Company (RIHC) and branches within the U.S. This role will provide oversight and guidance to the lines of business (LoB)s, coordinate with GRM functions in the US and Canada and assist in reviewing strategic transactions and understanding developments that could represent strategic risks to RBC US.
What will you do?
- Responsible for design, development, and implementation of US Escalations & Risk Acceptance programs
- Develop/refine policy and standards documents and appropriate guidance documents and training material to facilitate implementation of Escalations and Risk Acceptance programs in the US
- Coordinate, as appropriate, with stakeholders at the Enterprise and Lines of Businesses to facilitate alignment across the organization
- Develop and implement processes to monitor adherence to applicable policy and standards. Provide periodic reporting to senior management on adherence to policy and standards
- Maintain system of record for escalations
- Develop periodic reporting on escalations and risk acceptances for senior management and the board
- Analyze portfolio of risk acceptances to uncover themes. Report on any identified themes
- Analyze portfolio of escalations to uncover themes. Report on any identified themes
- Assist with periodic reviews and requests for information from Internal Audit and various stakeholders across Risk organization
- Assist with development of ad-hoc presentations for management, formal reviews, and miscellaneous requests
What do you need to succeed?
- Required: Bachelor’s Degree in Business, Economics, Finance, Law or other related fields
- 8+ years previous experience work in a Risk Management, Controls, or Audit role in a Financial Services organization
- Knowledge of one or more key risk disciplines (e.g., Enterprise, Market, Counterparty, Credit, Liquidity and Operational Risk)
- Experience with Strategic Planning or Strategic Risk oversight
- Experience developing processes and controls related to Heightened Standards or Reg YY will be prioritized
- Strong written and verbal communication skills
- Inquisitive and proactive in identifying risks, proposing solutions and/or exercising sound and balanced judgment
- Superior ability to analyze problems and strong attention to detail
- Team player; ability to successfully partner with colleagues across departments and/or divisions
- Ability to prioritize in a fast moving, high pressure, changing environment
- Ability to influence multiple stakeholders at different levels of an organization
- Experience managing complex projects and initiatives
- In-depth knowledge of MS Office
Job Skills
Risk Management, Operational Risk, Risk Controls, Waterfall Project Management
What’s in it for you?
- 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 build close relationships with clients
Job Skills
Additional Job Details
Address: GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITY
City: Jersey City
Country: United States of America
Work hours/week: 40
Employment Type: Full time
Platform: GROUP RISK MANAGEMENT
Job Type: Regular
Pay Type: Salaried
Posted Date: 2024-10-01
Application Deadline:
Inclusion and Equal Opportunity Employment
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