Associate Director - Toronto, Canada - Royal Bank of Canada

Royal Bank of Canada

Verified Company

Toronto, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Job Summary
Develops and implements global risk management reports, systems, and processes to minimize investments risks. Applies extensive, in-depth knowledge, skills, and practices to perform complex assignments.

What is the Opportunity?

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This role is responsible for supporting the U.S. Risk Governance and Reporting team with governance protocols for GRM's suite of risk policies (including risk frameworks, policies, standards, procedures and standing orders). The scope will cover both change the bank and run the bank activities related to policy governance, adoption and effectiveness and promoting best practices across RBC Combined U.S. Operations (CUSO) Group Risk Management (GRM).

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What will you do?

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Support the design and implementation of policy governance initiatives across CUSO GRM, including the following

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Supporting the CUSO Risk Policy Review Committee (PRC), which is chaired by the Chief Risk Officer and includes senior GRM leaders as members

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Maintaining GRM's Policy Management Authorities (PMA)

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Reviewing and challenging CUSO Risk Policy Documents, providing policy owners with feedback to ensure adhere to RBC's Enterprise Policy Management Requirements (GRM-RP5), appropriate approval as per GRM's PMA, and reference/linkage consistency across CUSO Risk

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Working with policy owners to evaluate the need for any new GRM policies prior to their creation, with the goal to limit the proliferation of policies across GRM

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Working with policy teams across the enterprise and CUSO to eliminate duplicate content on PPL and where appropriate, reduce the proliferation of policy documents

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Reviewing requests for exceptions to CUSO risk policies and maintain the list of approved exceptions

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Acting as the PPL administrator for CUSO GRM. Monitor overdue policy documents across CUSO Risk and work with other teams to bring overdue documents up to date; escalate deteriorating trends as appropriate; ensure GRM policies are tagged with accurate and relevant keywords in PPL

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Promote awareness of RBC's Policy Management Requirements (GRM-RP5) across CUSO and support the implementation of a monitoring program to ensure GRM is in compliance.

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Regularly monitor announcements and publications from RBC's primary regulators/supervisors for potential impacts on CUSO risk policies

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Provide support to initiatives related to CUSO Risk Policy, including regulatory remediation and process improvement projects

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Develop and maintain strong working relationships with key contacts in GRM to share best practices on policy governance

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Champion effective stakeholder engagement as a key tenet of policy development; communicate with policy teams, managers and authors to ensure that best practices for stakeholder engagement are followed for review of policy documents prior to their approval

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Assist with communication and governance strategies, ensuring buy-in from all stakeholders

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What do you need to succeed?

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4+ years of RBC experience with expertise in governance

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Strong problem solving, written, oral communication and presentation skills

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Ability to collaborate effectively and draw out diverse views to achieve greater results

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Self-starter with ability to work independently and in an organized manner

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Intellectual curiosity, global and strategic mindset with ability to think conceptually

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What's in it for you?

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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.

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A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable

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Leaders who support your development through coaching and managing opportunities

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Ability to make a difference and lasting impact

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Work in a dynamic, collaborative, progressive, and high-performing team

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Opportunities to do challenging work

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Opportunities to building close relationships with clients

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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

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Drives RBC's high performance culture

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Enables collective achievement of our strategic goals

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Generates sustainable shareholder returns and above market shareholder value

Job Skills
Business Performance Management, Investment Banking Analysis, Investment Economics, Investment Management Systems, Investment Performance Measurement, Investment Risk, Investment Risk Management, Market Risk, Operational Risks, Performance Management (PM