Director, Group Risk Management, Risk Oversight

RBC; Toronto; On-site; CAD 120,000 - 180,000; Full time

Job summary

A leading financial institution is seeking a Director to oversee risk management for Personal Banking products in digital channels. This role requires extensive experience in banking, risk management expertise, and an ability to influence strategic decisions across various teams. The ideal candidate will thrive in a collaborative environment, contribute to developing innovative risk frameworks, and ensure compliance with regulatory requirements, while working within a supportive team dynamic.

Benefits

Fair compensation

Ability to make a difference

Supportive team environment

Safe and secure work environment

Qualifications

• 10+ years of related experience in banking or financial services.
• Strong understanding of digital channels and risk management practices.
• A proven ability to influence and build consensus.

Responsibilities

• Oversee the quality and soundness of Personal Banking products in digital channels.
• Provide risk management oversight and counsel as a subject matter expert.
• Ensure risks are appropriately identified and managed.

Skills

Auditing

Financial Risk Management

Decision Making

Risk Management

Strategic Thinking

Job description

Job Summary

Job Description

What is the opportunity?

As Director, you will have oversight and accountability for the quality and soundness of RBC Personal Banking products in digital channels and RBCx Ventures. Provide overarching risk management oversight via effective challenge and counsel as subject matter expert for Digital and Ventures, including, strategy, key initiatives, product policy, processes, controls, and regulatory requirements.

The ideal candidate will have a strong background in technology, understands the agile way of working, a deep understanding of digital channels and strong risk and business acumen.

What will you do?

The Director will work with first and other second line of defense subject matter experts across the risk spectrum to ensure the overall risk profile is aligned with stated risk appetite within the context of Personal Banking priorities and strategy. In this capacity, the Director is expected to ensure risks are appropriately identified, assessed, mitigated, monitored and are within the Bank’s stated risk appetite. These include:

• Provide risk counsel to Personal Banking partners
• Act as Risk Management SME for select change initiatives contributing to development of same while ensuring risks are identified, assessed mitigated, controlled and monitored
• Review, challenge, recommend, approve (as outlined in delegated authorities) risk assessments related to new or amended products, change initiatives, policies, processes and systems (e.g. Risk Triage Assessments, Project Approval Requests, Product Shelf Reviews etc.). Recommend to Senior Management and Committees (such as Product Review and Approval Committee, and / or Policy Review Committee).
• Act as a relationship partner to the business/channel by adding value through consultation, offering expertise, recommendations and guidance.

• Shape risk assessments/risk management routines to be future-ready for our clients and business partners; recommend enhancements to risk management methodologies, frameworks, and tools appropriate to each business unit’s operating model and risk profile.
• Stay informed on external events, relevant industry practices, business and economic environment as well as internal change
• Support regulatory reviews and internal and / or third-party audits, as required.
• Ensure the business/channel is operating within applicable regulatory guidelines.

What do you need to succeed?

• 10+ years of related experience
• Strong business (credit / investments / digital (as required)) knowledge and the ability to critically think and deploy data in the risk assessment process.

• A proven track record of building positive and productive relationships with business and functional partners
• Strong understanding of the agile ways of working and ability to apply agile working techniques within the context of providing risk oversight
• Ability to influence and build consensus while managing competing points of view to ensure collaborative decision-making; Strong decision-making ability while dealing with ambiguity.
• The following attributes: Strong ability to confidently communicate verbally and in the written form, strong teamwork, collaboration, and interpersonal skills.
• Consistently demonstrates intellectual curiosity and resourcefulness.

Nice-to-have:

• Knowledge in Personal Banking policies and procedures.
• Strong understanding of RBC’s risk appetite and risk management framework.
• Prior experience with RBC’s Risk Assessment protocols and requirements.
• Demonstrated success as a conceptual, creative, analytical and strategic thinker.

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.

• Fair compensation
• Ability to make a difference and lasting impact
• Work in a safe, secure and positive work environment
• Work with a great and supportive team

Job Skills

Auditing, Audits Compliance, Business Analytics, Decision Making, Financial Risk Management (FRM), Information Security Management, Occupational Safety and Health, Operational Delivery, Quality Management, Results-Oriented, Risk Management, Security Management, Strategic Thinking, Training Programs

Additional Job Details

Address:

RBC WATERPARK PLACE, 88 QUEENS QUAY 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:

2025-06-12

Application Deadline:

2025-06-28

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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