Job Summary

Job Description

What is the opportunity? 

Develop a strategy and implementation execution for RBC Insurance to meet all of the requirements in each of the Operational Risk Policies/Standards Create Shared Services for Procedures and document associated controls in Archer.  

What will you do? 

• Develop an approach to assess existing practices against all requirements within the Enterprise Standard for Operational Risk standards for Operational Risk (e.g., scenario analysis, enterprise issue management, internal control management, etc.),

• Document an action plan for creation and implementation for Shared Services policies and procedures.

• Based on the current state assessment, develop an Insurance strategy to comply with all requirements in the Enterprise Standard for all associated Standards, exploring options in terms of roles and responsibilities; timelines; governance practices including procedures, controls and control testing; committees; communication plan

• Based on the implementation plan, lead the development and implementation of all required practices, including developing/updating all associated Procedures, embedding responsibilities across the different stakeholder groups, establishing and documenting controls (in Archer) to assess design and ongoing operating effectiveness of processes

• At the end of the secondment, determine if any self-identified issues are to be raised where there are known gaps in complying with any associated standards; and with the Director, Risk Management – Sales and Product to determine a transition approach, including for any incomplete work items

What will you need to succeed? 

Must Have:

•At least 5 to 10 years in a financial services organization

•A solid understanding of risk management

•Experience developing policies and procedures in a regulatory environment

•Risk management experience in at least one of: operational risk, third party risk, business continuity management, information technology risk

•A strong knowledge of insurance business

Nice to Have:

• Experience leading the development of a strategy/program in risk or regulatory

• University graduate, preferred

• Good communication, facilitation and influence skills

• Strong problem solving, analytical, research and qualitative analysis skills

• Able to take a high level strategic view of business and assess practices, develop recommendations

• Work independently and as a team player in a fast paced environment, with a fixed time horizon

Special Conditions

Please note this is a 12 month contract. 

What's in it for you? 

• Competitive pay and high-earning potential

• All the tools, training, and team support you need to grow your career

• Flexible work/life balance options

• RBCI software tools to boost your productivity

RBC is an organization that succeeds by bringing out the best in its people. You’ll be part of a supportive, inclusive team that shares common values – including a fundamental respect for each other. At the heart of this is a commitment to diversity. RBC respects and responds to the many competing and evolving priorities in our lives – so you can focus on what you can do best – putting clients first.

Job Skills

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

Additional Job Details

Address:

MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGA

City:

MISSISSAUGA

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

INSURANCE

Job Type:

Contract (Fixed Term)

Pay Type:

Salaried

Posted Date:

2025-07-18

Application Deadline:

2025-07-26

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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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.