Director, Enterprise Risk Policy

RBC; Toronto; On-site; CAD 100,000 - 130,000; Full time

Job summary

A leading financial institution is seeking a seasoned professional to develop and maintain enterprise-wide credit risk policies. The role involves collaborating with various teams, ensuring policy alignment with regulatory frameworks, and advocating for strong governance. The ideal candidate will have extensive experience in financial services and a solid understanding of relevant regulations.

Benefits

Comprehensive rewards program

Leadership support

Flexible work options

Collaborative team environment

Qualifications

• 10+ years in financial services, especially in credit, market, or corporate banking.
• Strong understanding of regulations like CAR, BASEL, IFRS9.
• Excellent problem-solving, communication, and interpersonal skills.

Responsibilities

• Identify and prioritize credit risk policy needs and develop policy documents.
• Collaborate with teams to develop understandable and implementable policies.
• Monitor and report on policy adherence and effectiveness.

Skills

Business Analytics

Decision Making

Financial Risk Management

Operational Delivery

Quality Management

Results-Oriented

Risk Management

Strategic Thinking

Education

MBA

LLB

CFA

CPA

Job description

Job Summary

Job Description

What is the opportunity?

Reporting to the Senior Director, Enterprise Risk Policy, you will play a key role in developing, maintaining, and communicating enterprise-wide policies to align with RBC’s risk profile. You will focus on credit risk policies, providing guidance and advocating for strong policy governance and effectiveness.

What will you do?

1. Identify and prioritize credit risk policy needs, develop policy documents, and ensure alignment with regulatory and internal frameworks.
2. Collaborate with teams across RBC to develop understandable and implementable policies.
3. Build relationships with stakeholders to facilitate policy adoption.
4. Present policy documents for approval with senior management and risk committees.
5. Monitor and report on policy adherence and effectiveness.
6. Stay informed on market, regulatory, and business developments, updating policies as needed.
7. Advise on policy alignment with business strategies and standards.
8. Benchmark policies against industry best practices and recommend improvements.

What do you need to succeed?

Must-Haves:

• 10+ years in financial services, especially in credit, market, or corporate banking.
• Strong understanding of regulations like CAR, BASEL, IFRS9.
• Excellent problem-solving, communication, and interpersonal skills.
• Self-motivated with organizational skills and strategic thinking.

Nice-to-Haves:

• Degree (MBA, LLB) or professional designations (CFA, CPA).
• Project management experience or certification.

What’s in it for you?

We offer a comprehensive rewards program, leadership support, opportunities for impact, flexible work options, and a collaborative team environment.

Job Skills

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

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: 2025-05-16

Application Deadline: 2025-05-31

Note: Applications accepted until 11:59 PM on the day before the deadline.

Inclusion and Equal Opportunity Employment

At RBC, we value diversity and inclusion, fostering a workplace where all employees feel supported, respected, and able to contribute fully. We are committed to policies and programs that promote belonging and opportunity for everyone.

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