Job Summary
Job Description
What is the Opportunity?
This role is part of Group Risk Management - 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?
- Implement applicable policy and standards documents for US Escalations and Risk Acceptance programs
- Develop and provide 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 LoBs 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
What do you need to succeed?
- Required : Bachelor's Degree in Business, Finance, Law or other related fields
- 5+ years previous experience work in a Risk Management role in a Financial Services organization.
- Knowledge of one or more key risk discipline (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
- Ability to influence multiple stakeholders at different levels of an organization
- Experience managing complex projects and initiatives
- In-depth knowledge of MS Office
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 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
- The good-faith expected salary range for the above position is $110,000 - $190,000 (NJ) depending on factors including but not limited to the candidate's experience, skills, registration status;
- market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions;
health, dental, vision, life and disability insurance; and paid time-off plan.
RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that :
- Drives RBC's high performance culture
- Enables collective achievement of our strategic goals
- Generates sustainable shareholder returns and above market shareholder value
LI - Hybrid
LI - POST
Job Skills
Credit Analysis, Fraud Risk Management, Investment Economics, Investment Management Systems, Investment Risk, Investment Risk Management, Long Term Planning, Market Risk, Operational Risks, Project Management, Quantitative Methods, Risk Control, Risk Management
Additional Job Details
Address :
30 HUDSON STREET : JERSEY CITY
City : Jersey City
Jersey City
Country :
United States of America
Work hours / week : Employment Type :
Employment Type : Full time
Full time
Platform :
GROUP RISK MANAGEMENT
Job Type : Regular
Regular
Pay Type : Salaried
Salaried
Posted Date : 2024-08-12
2024-08-12
Application Deadline :
2024-10-01
I nclusion and Equal Opportunity Employment
At 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.
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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 jobs.rbc.com.
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