Director, RCSA - TORONTO, Canada - Royal Bank of Canada

Royal Bank of Canada TORONTO, Canada

5 days ago

Full time

Description

Job Summary

The GRM Operational Risk Shared Services Team is responsible for development, maintenance and monitoring effectiveness of the Operational Risk Management (ORM) Program, including the underpinning practices and methodologies.

The Director, RCSA & Control Management Methodology is responsible for developing, implementing, and maintaining Risk Register, Risk and Control Self-Assessment (RCSA), and control management practices for the Enterprise, while also supporting their integration with other risk management practices of the ORM Program to enhance effectiveness, consistency and efficiency.

Job Description

What is the Opportunity?

The Director, RCSA & Control Management Methodology will be responsible for developing, implementing, and maintaining risk and control self-assessment (RCSA), and control management practices for the Enterprise, while also supporting their integration with other risk management practices of the ORM Program to enhance effectiveness, consistency and efficiency.

What will you do?

Foster strong stakeholder relationships to enable active and collaborative working relationships.
Work collaboratively across teams, enabling an engaged workforce who are effective, knowledgeable and adaptable.
Foster an environment of continuous personal growth.
Establish clear goals, objectives, and deliverables for the team based on ORM and Stakeholder priorities; monitor team progress and pivot to emerging priorities when needed.
Act as a thought leader within the broader operational risk management community.
Support the vision, strategy, mandate and operating model for the unit.
Contribute to strategy, culture and activities to enable the team to operate as an integrated organization and execute effectively.
Lead the development and ongoing maintenance of the Risk Register, RCSA, and control management practices in a manner that considers both internal and external best practices as well as RBC's operational resiliency.
Proactively monitor the effectiveness of the Risk Register, RCSA and control management practices.
Identify internal and external trends highlighted by outputs of Risk Register, RCSA and control management practices, with a view into areas of perceived elevated or emerging operational risks.
Champion and drive behaviours that embed a strong risk management culture across all 3 lines of defence.
Provide expert advice on operational risk, leveraging insights from operational risk reporting and analytics, independent reviews and industry perspective to ensure RBC's ORM Program maintains a forward looking view that considers both managed and emerging risks.
Actively support business partners such as the A&O and CoG communities in implementing operational risk management practices in a manner that aligns with strategic objectives.

What do you need to succeed?

Must Have:

Sound knowledge of RCSA (risk and control self-assessment) and control management concepts, methodologies and best practices
Ability to turn theoretical concepts into logical, tangible, and sustainable solutions
Strong collaboration and relationship management skills
Effective verbal and written communication skills, including ability to simplify complex ideas
Ability to work with ambiguities and/or incomplete information

Nice-to-Have:

Knowledge of and experience with other operational risk management concepts, methodologies and best practices
Prior 1st Line of Defence and/or external operational risk management experience

What is in it for you?

We thrive on the challenge to be our best, progressive thinking, to keep growing, and working together to build and deliver trusted reporting to help our stakeholders succeed 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
Ability to make a difference and lasting impact
Work in a dynamic, collaborative, progressive, and high-performing team
Opportunities to take on progressively greater accountabilities

Job Skills

Control Self Assessments, Decision Making, Internal Controls, Operational Delivery, Operational Risks, Operation Risk Management, Risk Management, Risk Management Strategies, Strategic Thinking

Additional Job Details

Address:

20 KING ST W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Application Deadline:

Inclusion 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.

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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