Director, Model Risk

• Design and/or operationalize 1
  
  LOD processes and key controls in line with enterprise Model Risk requirements and RBC's Model Risk Transformation
• Strengthen 1
  
  LOD accountability in Model Risk, including increasing awareness of Model Risk-related requirements and roles and responsibilities
• Lead or monitor key 1
  
  LOD control execution and governance activities (e.g., model inventories) and enhance the control environment as applicable
• Review enterprise requirements and collaborate with key stakeholders to drive or influence policy, standard, and process alignment and simplification across CUSO entities
• Drive or influence enhanced risk metrics to ensure comprehensive risk coverage and accurate reflection of the Model Risk profile
• Partner with key stakeholders to shape how generative and agentic AI-related considerations are integrated into RBC's Model Risk management's processes and controls
• Lead 1
  
  LOD risk profile reporting and develop data-driven insights; also support RBC's risk appetite reporting processes, including driving consistent risk narratives where applicable
• Lead and/or contribute to Working Groups and targeted initiatives
• Promote the use and integration of Technology tools to increase efficiency and effectiveness
• Lead and/or coordinate responses to regulatory exams and internal reviews; develop remediation plans as applicable

• 8-10 years of experience in Financial Services
• At least 3 years dedicated to supporting Model Risk management activities
• Strong quantitative skills coupled with ability to overlay relevant qualitative considerations to inform risk-based judgment
• Demonstrated ability to translate complex technical concepts into clear materials or briefings for senior management and/or risk governance
• Strong analytical and problem-solving skills (including root cause analysis) with keen attention to detail
• Demonstrated capability to work in a dynamic, fast-paced environment with multiple priorities
• Demonstrated ability to lead structured and outcomes-oriented meetings
• Excellent project management and communication skills
• Preferred:
  Strong knowledge of quantitative modeling techniques.

Demonstrates extensive experience in Model Risk management, with strong quantitative and analytical skills to inform risk-based judgments. Capable of leading initiatives, enhancing control environments, and effectively communicating complex concepts to senior management.

• Model Risk Management
• Quantitative Skills
• Analytical Problem-Solving
• Project Management
• Communication Skills

• Quantitative Modeling Techniques
• Risk Metrics Development
• Data-Driven Insights
• Root Cause Analysis
• Control Execution
• Governance Activities
• Policy Alignment
• Risk Appetite Reporting
• 1
  
  LOD Processes
• Model Inventories

• Attention to Detail
• Dynamic Environment Adaptability
• Structured Meeting Leadership

• Financial Services
• Model Risk Transformation
• Regulatory Exams
• Internal Reviews
• Risk Governance

• Technology Tools Integration