Senior Manager, Risk Management, Operational
Apply NowCompany: Royal Bank of Canada
Location: Mississauga, ON L4T 4M6
Description:
Job Summary
Manages a Global Risk Monitoring/Reporting and Risk Operations team to develop and implement risk management reports, systems, and processes. Typically manages 2 or more specialized departments comprised of supervisors, managers, professionals, and/or large numbers of operational support employees.
Job Description
What is the opportunity?
As Senior Manager of Operational and Regulatory Risk for RBC Insurance, you will be working with partners to achieve an optimal risk-reward balance that enables RBC Insurance leaders to attain their strategic objectives and prudently manage key operational and regulatory risks. You will be ensuring that Operational Risk Management programs and regulatory initiatives are implemented efficiently and effectively within Insurance. You will provide thought leadership in the areas of risk identification, risk assessment and control testing.
What will you do?
Provide operational risk and regulatory support and leadership to RBC Insurance businesses, to enhance their ability to monitor and manage risks effectively
Lead regulatory initiatives, ensuring appropriate implementation within RBC Insurance
Work with business and functional partners to proactively identify, measure and analyze operational and regulatory risks and to help risk owners identify effective mitigation strategies
Lead operational risk assessment activities and provide expert feedback on the impact of business processes, products, major process improvement and transformational initiatives
Prepare quarterly operational risk reports for senior management and for inclusion in the enterprise risk report
As the 1st Line of Defense, implement and execute Operational Risk Management programs within RBC Insurance
Lead the implementation, maintenance and administration of the control testing program
What do you need to succeed?
Must-have
8+ years of relevant risk management and/or regulatory experience in a related field of study or an equivalent combination of education and experience
At least one of: audit / risk management / process excellence expertise or equivalent
Strong knowledge of insurance business / experience in a financial services organization
A positive attitude and proven track record in learning new skills and technologies with the ability to work independently in an ambiguous environment
Strong communication, critical thinking, negotiation, relationship management and project management skills
Expert knowledge with operational processes
Proven leadership experience at a senior management level, with a proven track record of building strong relationships across business functions
Nice-to-have
Bilingual in French and English is an asset
Professional qualification (CA / CPA / MBA or equivalent)
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 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
Job Skills
Additional Job Details
Address:
MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGA
City:
MISSISSAUGA
Country:
Canada
Work hours/week:
37.5
Employment Type:
Full time
Platform:
INSURANCE
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2025-04-24
Application Deadline:
2025-05-09
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
Join our Talent Community
Stay 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 jobs.rbc.com.
Manages a Global Risk Monitoring/Reporting and Risk Operations team to develop and implement risk management reports, systems, and processes. Typically manages 2 or more specialized departments comprised of supervisors, managers, professionals, and/or large numbers of operational support employees.
Job Description
What is the opportunity?
As Senior Manager of Operational and Regulatory Risk for RBC Insurance, you will be working with partners to achieve an optimal risk-reward balance that enables RBC Insurance leaders to attain their strategic objectives and prudently manage key operational and regulatory risks. You will be ensuring that Operational Risk Management programs and regulatory initiatives are implemented efficiently and effectively within Insurance. You will provide thought leadership in the areas of risk identification, risk assessment and control testing.
What will you do?
Provide operational risk and regulatory support and leadership to RBC Insurance businesses, to enhance their ability to monitor and manage risks effectively
Lead regulatory initiatives, ensuring appropriate implementation within RBC Insurance
Work with business and functional partners to proactively identify, measure and analyze operational and regulatory risks and to help risk owners identify effective mitigation strategies
Lead operational risk assessment activities and provide expert feedback on the impact of business processes, products, major process improvement and transformational initiatives
Prepare quarterly operational risk reports for senior management and for inclusion in the enterprise risk report
As the 1st Line of Defense, implement and execute Operational Risk Management programs within RBC Insurance
Lead the implementation, maintenance and administration of the control testing program
What do you need to succeed?
Must-have
8+ years of relevant risk management and/or regulatory experience in a related field of study or an equivalent combination of education and experience
At least one of: audit / risk management / process excellence expertise or equivalent
Strong knowledge of insurance business / experience in a financial services organization
A positive attitude and proven track record in learning new skills and technologies with the ability to work independently in an ambiguous environment
Strong communication, critical thinking, negotiation, relationship management and project management skills
Expert knowledge with operational processes
Proven leadership experience at a senior management level, with a proven track record of building strong relationships across business functions
Nice-to-have
Bilingual in French and English is an asset
Professional qualification (CA / CPA / MBA or equivalent)
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 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
Job Skills
Additional Job Details
Address:
MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGA
City:
MISSISSAUGA
Country:
Canada
Work hours/week:
37.5
Employment Type:
Full time
Platform:
INSURANCE
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2025-04-24
Application Deadline:
2025-05-09
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
Join our Talent Community
Stay 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 jobs.rbc.com.