Senior Manager, Digital Risk Management

What is the opportunity?

Speed to market in delivering a best-in-case Digital experience that clients can trust is essential to maintaining P&CB's market leadership position while aligning with RBC's vision of being a Digitally-Enabled relationship bank. The Senior Manager Digital Business Risk Manager will be instrumental in supporting a streamlined and robust risk assessment process for new and innovative digital capabilities and features. Your job includes in working with the product owners to ensure the appropriate risks and controls are codified for the respective assessments, promulgate and iterate on best risk practices within the Digital and Journey programs and help senior management understand Digital's risk profile.

What will you do?

• Trusted risk partner to Journey and other program initiatives - building relationships with key stakeholders, ensure adherence to risk requirements, manage risk identification and training, support delivery cycles by advising on risk assessments to be completed.

• Ensures Digital and Business staff understand, document and escalate Digital Risks, including those associated with another line of business or RBC entity for the benefit of Canadian Banking or the Enterprise through the appropriate risk assessments Partners with each of the applicable Three Lines of Defense risk partners to understand risks and emerging issues, ensuring they are properly articulated and reported

• Escalates of all significant risk issues and events to support effective resolution

• Support monthly compliance monitoring and reporting for Digital including SMT dashboards and Archer Findings

• Actively engages direct manager and Digital SMT in strategic planning and prioritization to ensure appropriate resources are allocated to risk mitigation and controls development and sustainment

• Supports the Digital Journey Agile Risk Management process, including conducting Ways of Working sessions for risk partners and Digital staff assigned to work on Digital Agile programs or initiatives

• Ensures high quality execution of risk control and mitigation activities such as:

  • Ensuring completion of risk assessments;

  • Completion of approval conditions; and

  • Documentation, testing and monitoring of controls.

• Actively identifies areas of opportunity to streamline the risk assessment process to enable accelerated delivery cadence without compromising risk posture and governance requirements

• Collaboration with line of business risk managers on policy and regulation changes that may impact Digital

What do you need to succeed?

Must have:

• Experience in financial services sector

• Proven business acumen and credibility

• Strong influencing, collaboration, relationship building and communication skills

• Strategic mindset, with significant knowledge and understanding of RBC businesses and organization

• Proven change management capabilities

• Excellent analytical and problem-solving skills, inquisitive nature and comfort challenging current practices

• A commitment to streamlined and effective processes for maximum business efficiency while ensuring appropriate governance

Nice to have:

• Agile certification or training;

• Solid working knowledge of banking operations and the financial services regulatory landscape, ideally with several years' experience in Risk Management, Compliance or Internal Audit

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.

• Ability to make a difference and lasting impact

• Work in a dynamic, collaborative, progressive, and high-performing team

• Opportunities to do challenging work

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)

Additional Job Details

RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTOTORONTOCanada37.5Full timePersonal and Commercial BankingRegularSalaried2023-11-102024-02-02