Senior Manager, CUSO Operational Risk Advisory and Oversight
Royal Bank of Canada
Raleigh, NC
Permanent
Full-time
1 month ago
Job Summary RBC Advisory and Oversight teams are responsible for providing independent and objective oversight of the management of Operational Risks which are risks arising from processes, people, systems or external events. Working with the Senior Director, CUSO Operational Risk Strategy & Regulatory Readiness and the Director, Operational Risk Advisory and Oversight, the Senior Manager, Operational Risk Advisory and Oversight will contribute to the ongoing review and monitoring of operational risk programs executed by RBC functions including Risk and Control Assessments, Operational Risk Appetite, Key Risk Indicators, Operational Risk Events, Issue Management, Scenario Analysis and aggregating and reporting of operational risk information to the US Operational Risk Committee.Job DescriptionWhat is the Opportunity?RBC Advisory and Oversight teams are responsible for providing independent and objective oversight of the management of Operational Risks which are risks arising from processes, people, systems or external events. Working with the Senior Director, CUSO Operational Risk Strategy & Regulatory Readiness, the Senior Manager, Operational Risk Advisory and Oversight will contribute to the ongoing review and monitoring of operational risk programs executed by RBC functions including Risk and Control Assessments, Operational Risk Appetite, Key Risk Indicators, Operational Risk Events, Issue Management, Scenario Analysis and aggregating and reporting of operational risk information to the US Operational Risk Committee.What will you do?Work collaboratively with functions to embed an understanding of the risk profile and risk appetite of the bankReview and challenge operational risk practices of functions across all of CUSOReview and challenge operational risk practices against RBC and CUSO operational risk framework and policies post implementationReview and challenge the operational risk programs (risk assessment, operational risk events, key initiatives, scenario analysis, Risk and Control Self-Assessments, Issues and Actions) to ensure a complete, transparent and accurate view of the risk profileExecute reviews of operational risk programs to ensure they continue to be appropriate based on emerging risk trends, thematic risks, and regulatory changes. Recommend new or revised assessments and advise unit management on mitigation strategiesAssist with the preparation of status reports, key metrics and other ORM reporting information as requested by management, the Risk Committee or RBCMaintain awareness of current regulatory/industry trends impacting the Bank’s operational risk management program or practicesAct as an internal advisor to functions regarding the ORM framework, policies and proceduresPerform comparative analysis of ORM programs (risk assessments, operational risk events, etc.) and other items (internal audit issues, etc.) to accurately report the Operational Risk Profile.What do you need to succeed?Bachelor's Degree or higher and other professional qualifications such as a CPA, CA, etc.Minimum 7 years’ experience in the financial services sectorMinimum 5 years of experience in Risk Management, ORM or Internal AuditMinimum 5 years of management or operational experienceExperience with support functions (HR, Legal, Marketing, etcWhat’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 Process Design, Decision Making, Operational Risks, Risk Control, Risk Management, TeamworkAdditional 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: 2024-03-25Application 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 .
