Job Summary

Job Description

What is the opportunity? 

As part of the Group Risk Management team (GRM), the Manager, GRM Wealth Management will provide support on various risk oversight and governance activities for Wealth Management business lines in Canada with focus on risk identification and assessment via execution of enterprise risk reporting, risk policies, credit portfolio management and perform risk oversight activities for cash and balance sheet related risk themes like liquidity and interest rate risk.

What will you do? 

Provide effective second line risk oversight of the Wealth Management business operations in Canada, by executing robust, effective and sustainable risk management practices and programsAssist in Wealth Management Group risk management activities including the ongoing development and implementation of risk controls for WMCA, the aggregation and delivery of material risk updates to the senior management committees and development and maintenance of risk control frameworks, implementation of new product initiativesProactive identification of emerging risks (operational, liquidity, credit, market risk) and communication of these risks to senior management as appropriateCollate, challenge and ensure consistency of risk reporting for WMCA management Committee, and Risk Committees and where required WM Canada operating entity executive committees and BoardsSupport Director, Head of Risk - Wealth Management Canada to Coordinate and provide input to Enterprise Reporting Initiatives (ERR, GRM Review) to ensure accuracy and consistencyProvide support on various risk-related projects as well as GRM-led annual standalone RBC IS Trust ICAAP and Recovery & Resolution plans in line with Enterprise plans, requiring effective coordination across wide numbers of GRM and Business groupsReview Audit and Compliance reviews for risk themes requiring additional focusSupport the Director – GRM WMCA and Senior Director – GRM WM  North America with broader ERM matters impacting Wealth Management operations in Canada, including regulatory change, WMCA input to broader Wealth Management & Enterprise level initiatives and sundry tasks

What do you need to succeed?

Must-have  

Bachelor’s degree in a quantitative discipline5+ years experience in financial services, with strong knowledge of the custody or depositary bank business and its products; understanding of the principles and issues of bankingProven communication skills (both writing and presentation) and people management experienceAbility to handle complexity and work in a matrix environment and to deal effectively with conflict; demonstrates analytical mindsetDiplomatic and constructive in negotiation, excellent stakeholder management skills required

Nice-to-have 

Advanced MS Office Suite skills (Word, Excel and Powerpoint); ideally with coding skills (Phyton and or VBA)Highly self-motivatedGood team player with strong communication and interpersonal skillsPragmatic, delivery oriented attitude

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.

Leaders who support your development through coaching and managing opportunitiesAbility to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamOpportunities to do challenging workOpportunities to building close relationships with stakeholders in Wealth Management and 1/2LOD

Job Skills

Business Performance Management, Investment Economics, Investment Risk, Investment Risk Management, Market Risk, Performance Management (PM), Risk Control, Risk Management, Standard Operating Procedure (SOP)

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST: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:

2025-07-28

Application Deadline:

2025-08-09

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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