Director - Risk Identification and CCAR - Toronto, Canada - 0000050072 RBC - USA

Description

Job Description

What is the Opportunity?

This role resides within the Risk Identification & CCAR group under the Group Risk Management - U.S. Enterprise Risk department.

Subject Matter Expert on the execution of CUSO Risk ID program.

Drive change through both a bottoms‐up and top-down approach to improving both the identification, quantification, and measurement of risks across the US Enterprise Risk platform.

Provide support and input to the CCAR internal scenario design, emerging risks, resolution planning and other CCAR related matters as needed.

Day to day management of team, mentorship of junior members across the GRM platform.

What will you do?

Risk Identification:

Responsible for the end-to-end execution of the Risk ID process

Lead discussions during Risk ID meetings and ensure proper execution of the Risk Identification process from both a First Line of Defense and Second Line of Defense perspective

Provide review and challenge of inputs from the First Line of Defense and Second Line of Defense

Presentation of outputs to the U.S. Risk Management Committee and the U.S. Risk Committee of the Board

Work with the Scenario Design team to ensure material and emerging risks are properly integrated into the internally created U.S. scenarios

Evolve the Risk ID program to meet the future needs of the Bank

Ensure policies and procedures are up to date

Team Management

Responsible for managing staff and prioritizing deliverables across the department

Create development plans for staff to broaden their knowledge base across processes, risk disciplines and regulatory requirements

Other Responsibilities

As priorities shift within the department, ad-hoc assignments will inevitably occur and resources are expected to be allocated as needed

What do you need to succeed?

Bachelor's Degree (in Accounting, Economics, Finance, or other Business related field)

Minimum 10 years work experience in relevant or complimentary capacities

Strong risk management background, with extensive experience working directly in risk management departments

Strong knowledge of CCAR and stress testing requirements as well as regulations related to capital planning and risk management

Strong communication skills, both written and verbal

Extensive knowledge of financial services products (commercial loans, CRE, residential mortgages, securities, repo/reverse repo, etc.)

Strong understanding of business strategies in the lending and capital markets space

Inquisitive and proactive in identifying risks, proposing solutions and/or exercising sound and balanced judgement

Outstanding ability to analyze problems and strong attention to detail

Team player; ability to successfully partner with colleagues across departments and/or divisions

Ability to effectively communicate to stakeholders of varying levels, including under contentious circumstances

Ability to prioritize in a fast moving, high pressure, constantly changing environment

Strong Excel and PowerPoint skills required

Ability to be flexible and follow tight deadlines

High level of professionalism, self-motivation, and sense of urgency

Suggested Qualifications:

Compliance, Audit, Control and/or Regulatory experience a plus

Previous Consulting experience a plus

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

Opportunities to do challenging work

Opportunities to building close relationships with clients

The good-faith expected salary range for the above position is $160,000 - $250,000 (NJ depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

RBC'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 value

Job Skills Auditing, Audits Compliance, Business Analytics, Decision Making, Financial Risk Management (FRM), Information Security Management, Occupational Safety and Health, Operational Delivery, Quality Management, Results-Oriented, Risk Management, Security Management, Strategic Thinking, Training Programs Additional Job Details

Address:

8081 ARCO CORPORATE DRIVE:RALEIGH

City:

Raleigh

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Application Deadline:

I nclusion 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.
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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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