Senior Manager Business Risk

Senior Manager – Business Risk

Reporting to the Director of Business Risk for RBC Wealth Management and being embedded in WM’s 1st line of defense, the Senior Manager Business Risk is a trusted Business Risk adviser to Senior Leaders in WM in general and the WM Strategy, Products & Digital Investing (SP&D) team in particular.

• Develop, implement, and comply with the Operational Risk Framework in WM specifically for the WM Strategy, Products & Digital Investing (SP&D) team.
• Lead the 1st line execution of the RCM program in coordination with the businesses & Compliance.
• Implement the enhancements to RBC’s Internal Control Management Policy in SP&D, support control assessments and annual attestations.
• Drive innovation in control design and testing methods, leveraging automation and data to modernize controls testing.
• Implement enhancements to RBC’s Risk & Control Self‑Assessment program in SP&D, including the establishment of Risk Register, Risk statements and aggregation of digitized RCSA.
• Support the Director in the development, tracking and reporting of Risk Appetite and Key Risk Indicator for all BU/FUs within SP&D.
• Guide the team in complying with RBC’s Issues Management framework and Project engagement.
• Provide expert feedback on the Operational Risk impact of major change initiatives, process improvements, and transformational projects.
• Maintain critical linkages with Centres of Governance, 2
  
  LoD Operational Risk (GRM OR), Compliance and other critical areas of dependency for SP&D.
• Perform root cause analysis of major events, product risk reviews and IRPs.
• Attend WM SP&D Operating Committees and other Governance forums as the risk SME and as delegate of the Director.
• Act as a center of excellence for education and advocacy of RBC’s Operational Risk management practices and programs.

• 5–8 years of combined experience in Wealth Management Brokerage, P&CB, Operational Risk, Audit or Compliance functions.
• University degree and recognized industry qualifications – Securities, Options, Futures, Investment Management or equivalent courses.
• Strong problem‑solving, analytical (qualitative and quantitative) and research skills; advanced desktop skills (Microsoft Office, Tableau, PowerPoint).
• Ability to engage senior management and multiple stakeholders effectively.
• Strong communication and writing skills with the ability to present information effectively.
• Consulting mindset focused on making strategically aligned business recommendations.
• Professional designation such as MBA, CPA, CFA.

• Excellent knowledge of Wealth Management and P&CB products, processes, and organization.
• Strong knowledge of Direct Investing and related front‑office and back‑office activities.
• Experience in securities operations within Wealth Management or comparable businesses; experience supporting Canadian investment dealers, trading.
• Familiarity with Canadian Investment Regulatory Organization (CIRO) rules and requirements.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation.
• 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.

Applications will be accepted until 11:59 PM on the day prior to the Final date to receive applications date.