Director - Regulatory Initiatives, Operational Risk & Shared Services Job at Royal Bank of Canada

Royal Bank of Canada Toronto, ON

Come Work with Us!

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title

Director - Regulatory Initiatives, Operational Risk & Shared Services

Job Description

What is the opportunity?

The Director, Regulatory Initiatives, will provide Wealth Management’s Operational Risk management leadership with expertise, strategy, advice and counsel to lead and manage regulatory change and risk based initiatives. This includes the design and execution of regulatory programs which will include: risk and control identification/assessment, change management, risk reviews on the operational risk impact of major change initiatives, process improvements and transformational projects.

What will you do?

  • Lead and execute Regulatory initiatives for WM and provide regular reporting
  • Assist Senior Director, Head of Regulatory Initiatives in managing new and on-going Regulatory Initiatives, Risk Conduct & Culture, other WM risk initiatives
  • Assist VP WM Operational Risk in managing Business Risk, Regulatory and Governance strategic priorities
  • Act as a center of excellence for education and advocacy of information on RBC’s operational risk management practices and programs, leading to embedding an operational risk mindset in the business.
  • Develop and execute on project plans, including influencing stakeholder buy-in on action plans
  • Lead Targeted ad hoc reviews through planning, execution, reporting and identifying high risk issues reflecting on risk and root causes
  • Responsible for preparing management requested reports for senior executives and management team within WM and enabling strategic decision making

What do you need to succeed?

Must Have

  • Minimum 10 years of experience in strategy, regulatory reporting, business operations, risk management, or compliance roles within large global organizations;
  • Knowledge of securities law and regulatory environment in Canada
  • Financial services sector experience; Flexibility to adapt to complex, challenging and cross-functional environment; Primary lead for initiatives and projects
  • Strong analytical skills with attention to detail and consistency and accuracy in output
  • People Management skills, management experience

Nice to Have

  • Knowledge of wealth management and asset management business
  • Understanding of regulatory environment and key regulations, such as anti-money laundering requirements, consumer protection, etc.
  • CSC completion
  • Law degree/LL.B or related discipline; MBA/graduate degree in or related discipline or related professional qualification

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
  • Flexible work/life balance options
  • Opportunities to do challenging work
  • Opportunities to take on progressively greater accountabilities
  • Access to a variety of job opportunities across business and geographies

Job Summary

Address:

TORONTO, Ontario, Canada

City:

CAN-ON-TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

Wealth Management

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2023-02-24-08:00

Application Deadline:

2023-03-10-08:00

Inclusion 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 rbc.com/careers.




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