Director, Front Office Risk Management Oversight

RBC; Toronto; On-site; CAD 120,000 - 150,000; Full time

Job summary

A major banking institution in Toronto is seeking a Director of Front Office Risk Management Oversight. This role involves overseeing key risk management activities, ensuring compliance with regulations, and providing insights to senior leadership. Candidates should have extensive experience in risk management within financial environments and strong analytical skills. This position offers competitive compensation and opportunities for professional growth in a collaborative team setting.

Benefits

Comprehensive Total Rewards Program

Flexible benefits

Discretionary bonus opportunities

Career development opportunities

Qualifications

• 7–10 years of progressive risk management experience within a regulated financial institution or asset management.
• Strong knowledge of risk governance frameworks, compliance practices, and exposure monitoring.
• Proven analytical and problem-solving ability.

Responsibilities

• Provide oversight of Single Name Limits and related requests.
• Lead front office risk compliance monitoring.
• Conduct product risk reviews across market, credit, and liquidity risks.

Skills

Risk Governance

Analytical Skills

Compliance Monitoring

Operational Risk Control

Team Management

Education

Technical Master’s degree or recognized risk designation (e.g., FRM, PRM)

Tools

Bloomberg

Data Analytics Platforms

Python

Snowflake

Tableau

Power BI

Job description

Overview

As the Director, Front Office Risk Management Oversight, you will play a critical role within the Total Fund Management team of the Chief Investment Office at RBC Insurance. You will provide independent oversight of key front office risk management activities, including Single Name Limit governance, compliance monitoring, operational risk controls, and product risk reviews.

This position requires strong expertise in risk management practices within a regulated financial institution or asset management environment, coupled with advanced analytical skills and the ability to partner effectively across investment, finance, and risk teams.

Your oversight and insights will help ensure the front office adheres to internal and regulatory standards, while enabling business needs through effective risk frameworks and reporting. This is a highly visible role that provides direct exposure to senior leadership, supporting sound decision-making and sustainable growth for RBC Insurance.

Responsibilities

• Provide oversight of Single Name Limits, including review and tracking of requests, database maintenance, and dashboard reporting in collaboration with Data Analytics.
• Lead front office risk compliance monitoring (Single Name & Sector Limits, SIPP Asset Categories, OSFI Guidelines, leverage calculations).
• Deliver ongoing operational risk control attestations, delegated authority oversight, and Volcker compliance reporting.
• Conduct product risk reviews across market, credit, and liquidity risks.
• Manage and maintain the model inventory for the Chief Investment Office.
• Support the quarterly Approved Actuary and internal credit outlook reviews, in collaboration with Finance and Risk partners.
• Prepare and deliver quarterly earnings and credit risk commentary with the CFO Office.
• Lead responses to ad-hoc regulatory inquiries and internal risk projects.
• Serve as system owner for multiple enterprise risk platforms (Archer, Fenex, LAMP, ERIC, ORMS, Cluster 7, BIA, NFA MCO).

Qualifications

Must-have:

• 7–10 years of progressive risk management experience within a regulated financial institution or asset management environment.
• Strong knowledge of risk governance frameworks, compliance practices, and exposure monitoring.
• Advanced education: Technical Master’s degree or recognized risk designation (e.g., FRM, PRM).
• Proven analytical and problem-solving ability, with experience using risk and financial systems (Bloomberg, data analytics platforms).

Nice-to-have:

• CFA designation.
• Data science and reporting skills (Python, Snowflake, Tableau, Power BI).
• Exposure to product pricing and embedded risk considerations.
• Experience preparing senior management reporting and regulatory submissions.

What’s in it for you?

• A comprehensive Total Rewards Program including competitive compensation, flexible benefits, and discretionary bonus opportunities.
• Exposure to senior leaders and the opportunity to influence key risk management decisions.
• Leaders who support your growth with coaching and career development opportunities.
• Work in a dynamic, collaborative, high-performing team within the Chief Investment Office.
• The opportunity to take on challenging and meaningful work that has a direct impact on RBC Insurance’s risk framework and client outcomes.
• RBCI software tools to boost your productivity.

Job Skills

Business Analytics, Business Performance Management, Commercial Acumen, Decision Making, Organizational Leadership, Risk Management, Strategic Thinking, Team Management, Treasury Management

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: INSURANCE

Job Type: Regular

Pay Type: Salaried

Posted Date: 2025-09-16

Application Deadline: 2025-10-03

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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