Job Summary

What is the opportunity?

The Enterprise Chief Controls Office (ECCO) is a centralized first line of defense (1LOD) group with the goal of embedding a culture of risk ownership and operational excellence to elevate the control environment. They do this by driving consistency and quality of risk practices to minimize loss and regulatory sanction, drive cost efficiencies, and accelerate project execution to enable growth. The Practice Management team serves to coordinate and drive consistency across 1LOD risk identification, controls, issue management, and non-financial-risk management practices.

Job Description

Description of the Role

The Senior Manager, Risk Identification is responsible for the execution and continuous improvement of risk and control methodologies and analyses. This ensures appropriate identification, assessment, and coverage of Non-Financial Risk categories across the first line of defense. The Senior Manager will drive standardization, support regulatory compliance, and provide analytical and advisory insights to key stakeholders. Primary responsibilities include:

Risk and Control Methodology Execution (50%)Governance and Management of Non-Financial Risks (NFRs) (35%)Training, Capability Development and Stakeholder Engagement (15%)

What will you do?

Risk and Control Methodology Execution: Lead the execution and refinement of risk identification and control assessment methodologies, ensuring enterprise-wide consistency and rigor. This includes conducting deep dives and thematic reviews of 1LOD Risk and Control Self-Assessments (RCSAs) and risk/control registers, identifying emerging risks and control gaps, and developing and enhancing risk and control documentation, templates, and reporting tools.Governance and Management of Non-Financial Risks (NFRs): Advise on non-financial risk categories, guiding business partners in interpreting and applying risk frameworks, analyzing control adherence to internal policies and external regulatory requirements, ensuring alignment and compliance. This includes identifying and recommending opportunities for process standardization and best practice adoption across business units.Training, Capability Development and Stakeholder Engagement: Design and deliver specialized training sessions and materials on risk and control topics, leveraging data-driven insights and collaborating with stakeholders across the organization to communicate risk findings, provide insights, and support enhancement opportunities.

What do you need to succeed?

Must-have

Bachelor’s degree in finance, Business Administration, Risk Management or other related field; extensive experience in risk governance and management within the financial services industry.Experience in risk management, with a focus on risk and control methodologies and non-financial risk categories.Knowledge in developing and executing risk identification and assessment frameworks in a large, complex organization.Advanced understanding of internal and external regulatory requirements and standardsAnalytical skills, with experience in conducting complex risk analyses and thematic reviews

Nice-to-have

MBA, CRM, FRM, GRC or other related designations.Analytical Thinking: Ability to collect, interpret, and synthesize complex risk data to inform decision making and identify emerging trends.Technical Proficiency: Familiarity with risk management software and tools, and the ability to leverage technology to enhance risk identification and control processes.Training Design and Development: Ability to develop, customize, and implement risk management training programs that address identified gaps, enhance organizational risk awareness, and ensure alignment with enterprise objectives and regulatory requirements.

#LI-Post

Job Skills

Communication, Financial Instruments, Fraud Risk Management, Long Term Planning, Operational Risks, Risk Control, Risk Management, Waterfall Model

Additional Job Details

Address:

BAY WELLINGTON TOWER, 181 BAY ST:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

CHIEF LEGAL & ADMIN OFFICE GRP

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-07-21

Application Deadline:

2025-08-05

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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