Job Summary Develops and implements global risk management reports, systems, and processes to minimize investments risks. Applies experience and seasoned knowledge, skills, and practices to perform a variety of assignments.Job DescriptionWhat is the Opportunity?This role is part of Group Risk Management - US Enterprise Risk, supporting the execution of governance frameworks and Risk Appetite for the Combined US Operations (CUSO), RBC’s Intermediate Holding Company (RIHC) and branches within the US. This role will provide oversight and guidance to the lines of business (LoB)s and oversight functions as it pertains to creation, update and governance of frameworks and Risk Appetite across the US.What will you do?CUSO Risk Management FrameworkAnnual (and any off cycle) update of CUSO Risk Management FrameworkProvide guidance and perform consistency checks across Risk Management Frameworks in the legal entities in the RIHCCUSO Risk AppetiteAnnual (and any off cycle) update of CUSO Risk Appetite Statements/ Measures (RAS/RAMs)Help prepare for Review and Challenge meetings with US LoBsPreparation of presentations for management and board committeesAssist with meeting minutes and documentation requirementsAnnual update of the CUSO Risk Appetite Framework (RAF), as well as all related policies and proceduresAssist with drafting and updating of all of key governance documentsQuarterly reporting of Risk Appetite results to management and board committeesDrafting of materials for quarterly meetings with US regulators and assisting with coverage of regulatory exams and requests for information, as well as any MRA remediationsAssist with periodic reviews and requests for information from Internal Audit and various stakeholders across riskMaintain Risk Appetite supporting documentation filesUS Subsidiaries / Lines of Business Oversight/Guidance on Risk AppetiteAssist with helping to provide guidance and share information across the US subsidiaries, to ensure alignment and best practicesAssist in maintaining active engagement with the Enterprise Risk Appetite team in Toronto, for consistency and alignment of practices - as appropriateHelp maintain robust documentation on decisions reached across the US and Enterprise (Toronto) RA teamsWhat do you need to succeed?General knowledge of key risk disciplines e.g., enterprise, market, counterparty credit, liquidity risk and Operational RiskPrior experience within Risk or Product Control will be prioritizedPrior Experience with Risk Appetite and / or risk limits is very beneficialManaging projects and initiatives for multiple stakeholdersStrong written and verbal communication skills requiredIn-depth knowledge of MS OfficeOther Required Qualifications:Required: Bachelor’s Degree in Business, Finance, Law or other related fields3 to 5+ years previous experience work in a Risk Management role in a Financial Services organization.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 applicableLeaders who support your development through coaching and managing opportunitiesAbility to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamOpportunities to do challenging workOpportunities to building close relationships with clientsRBC’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 valueJob 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 DetailsAddress: 8081 ARCO CORPORATE DRIVE:RALEIGHCity: RaleighCountry: United States of AmericaWork hours/week: 40Employment Type: Full timePlatform: GROUP RISK MANAGEMENTJob Type: RegularPay Type: SalariedPosted Date: 2024-03-14Application Deadline:Inclusion and Equal Opportunity EmploymentAt 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.Join our Talent CommunityStay 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 .
