Director, AI Risk Governance

RBC; Toronto; On-site; CAD 100,000 - 150,000; Full time

Job summary

RBC is looking for an AI Risk Governance Expert to oversee AI risk strategy and maintain robust governance. The role entails evolving responsible AI principles, executing risk strategies, and ensuring compliance with regulations. Candidates should have extensive experience in risk management, particularly in technology environments, alongside strong leadership and stakeholder management abilities.

Benefits

Comprehensive Total Rewards Program including bonuses

Flexible work/life balance options

Opportunities for professional development

Qualifications

• 10+ years of experience in risk management, operations, and/or technology environments.
• Technical understanding of AI/ML technologies and associated risks.
• Strong background in risk management concepts, Operational Risk, Model Risk Management and/or Technology Risk.

Responsibilities

• Provide AI risk governance expertise and oversee AI risk strategy execution.
• Establish mechanisms for identifying and tracking AI initiatives.
• Identify, assess and mitigate risks during AI design, deployment, and operations.

Skills

Business Analytics

Decision Making

Financial Risk Management (FRM)

Operational Delivery

Quality Management

Results-Oriented

Risk Management

Strategic Thinking

Job description

Job Summary

Job Description

What is the opportunity?

This role provides AI risk governance expertise 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 oversights the portfolio of internal policies and external regulations in relation to AI.

What will you do?

• AI strategic direction and oversight: Evolve/leverage responsible AI principles and ensure policies and procedures reflect responsible AI principles; act as a trusted advisor and an effective challenger to business leaders on AI strategy, initiatives and risks; establish approach to AI regulatory oversight and management with GRM partners
• AI Risk strategy execution: Define clear ownership, roles, responsibilities, and accountability across business lines/functions in relation to AI; Design, implement, and maintain the RBC AI risk governance framework aligned with related frameworks and policies; Drive the execution of AI risk strategy (aligning governance and risk frameworks); support and inform enterprise AI strategy; Establish mechanism for identifying and tracking AI initiatives
• Establish 1st and 2nd line of defense for AI: Identify, assess and mitigate risks during AI design, deployment, and operations while establishing the 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; Establish mechanism for identifying and tracking AI initiatives
• ESG Risk governance: Support ESG risk governance activities as required and where skills and expertise are able to be leveraged

What do you need to succeed?

Must-have

• 10+ years of experience in risk management, operations, and/or technology environments with an ability to align and think holistically about governance and risk while considering broader business needs and AI strategies.
• AI/ML Knowledge: Technical understanding of AI/ML technologies and associated risks
• Risk Management Expertise: Strong background and experience in risk management concepts, Operational Risk, Model Risk Management and/or Technology Risk in regulated environments.
• Stakeholder Management: Proven ability to communicate and collaborate with cross-functional and senior stakeholders, influence decision-making at the higher levels of the organization and navigate a matrixed environment.
• Leadership / Soft Skills: Have a collaborative mind-set, ability to lead without authority, strong 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 expertise with leading 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

Business Analytics, Decision Making, Financial Risk Management (FRM), Operational Delivery, Quality Management, Results-Oriented, Risk Management, Strategic Thinking

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:

2025-07-17

Application Deadline:

2025-08-02

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.