Associate Director, AI Risk Governance

RBC; Toronto; On-site; CAD 125,000 - 150,000; Full time

Job summary

A major Canadian bank in Toronto is seeking an experienced professional for AI risk governance. The role involves supporting AI risk strategy execution, overseeing compliance with internal policies and external regulations. Candidates should have 5+ years in risk management, familiarity with AI/ML technologies, excellent communication and collaboration skills. This position emphasizes leadership and analytical abilities, offering a competitive compensation package and a flexible work environment.

Benefits

Comprehensive Total Rewards Program

Flexible work/life balance options

Opportunities for professional development

Qualifications

• 5+ years of experience in risk management, operations, and/or technology environments.
• Awareness of AI/ML technologies and associated risks.
• Experience in operational risk and model risk management in regulated environments.
• Ability to communicate and collaborate with cross-functional stakeholders.

Responsibilities

• Support the evolution and leveraging of responsible AI principles.
• Drive awareness and activation of new ownership regarding AI.
• Identify, assess, and mitigate risks in AI design and operations.
• Support development of tracking mechanisms for AI initiatives.

Skills

Risk Management

Stakeholder Management

AI/ML Knowledge

Analytical Thinking

Communication Skills

Collaboration

Education

5+ years of experience in risk management or technology

Job description

What is the opportunity?

This role provides AI risk governance support and insights that enables efficient and effective execution of AI risk strategy and initiatives while maintaining RBC’s desired risk profile. It also supports the design and implementation of RBC’s AI risk governance framework aligned with related frameworks and policies, and supports oversight of the portfolio of internal policies and external regulations in relation to AI.

What will you do?

• AI strategic direction and oversight: Support the evolution and leveraging of the responsible AI principles, risk management objectives, and risk management principles to ensure appropriate reflection in policies and procedures; provide advice and insights to business leaders while performing effective challenge on AI initiatives and risks; lead and coordinate AI regulatory oversight and management with GRM partners
• AI Risk strategy execution: Drive awareness of, including supporting the activation and embedding of, new ownership, roles, responsibilities, and accountabilities across business lines/functions in relation to AI; aid the implementation of, and then maintain, the RBC AI risk governance framework aligned with related frameworks and policies; support the execution of AI risk strategy (aligning governance and risk frameworks) and lead relevant components as assigned; support and inform enterprise AI strategy; provide risk support to ADT / AI initiative risk navigators and business leads as required including tracking initiative status and resolving common challenges
• 1st and 2nd line of defense for AI: Identify, assess and mitigate risks during AI design, deployment, and operations; support development of guidelines for the implementation of 1st line of defense on AI; assess AI-related risks, provide oversight and challenge, and monitor compliance with internal policies and external regulations while establishing the guidelines for the implementation of 2nd line of defense on AI
• Reporting and measurement: Support development and implementation of mechanism for identifying and tracking AI initiatives; develop and generate AI related reporting, including initiative status, key risk indicators, etc.
• ESG Risk governance: Support ESG risk governance activities as required and where skills and expertise can be leveraged

What do you need to succeed?

Must-have

• 5+ years of experience in risk management, operations, and/or technology environments with the ability to align and think holistically about governance and risk while considering broader business needs and AI strategies
• AI/ML Knowledge: Awareness of AI/ML technologies and associated risks
• Risk Management Experience: Background and experience in risk management concepts, Operational Risk, Model Risk Management and/or Technology Risk in regulated environments
• Stakeholder Management: Ability to communicate and collaborate with cross‑functional stakeholders and navigate a matrixed environment
• Leadership / Soft Skills: Have a collaborative mind‑set, ability to lead without authority, good verbal and written communications, analytical and critical thinking skills

Nice-to-have

• Experience working in dynamic environments and leading project teams
• Governance and Policy Design: Ability to design and implement frameworks that balance innovation with control. Proven experience with enterprise‑wide projects.
• Regulatory Fluency: Familiarity with evolving global AI regulatory landscapes

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.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation
• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high‑performing team
• Opportunities to do challenging work
• Flexible work/life balance options

Job Skills

Ensure Compliance, Organizational Governance, Performance Management (PM), Regulatory Compliance, Risk Control, Risk Governance, Risk Management, Standard Operating Procedure (SOP)

Additional Job Details

Address: RBC CENTRE, 155 WELLINGTON 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: 2026-01-22

Application Deadline: 2026-01-31

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.

Join our Talent Community

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

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.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.