Director, Operational Risk Governance (Global Security)

RBC; Toronto; On-site; CAD 110,000 - 170,000; Full time

Benefits offered by this job

Bonuses and flexible benefits

Competitive compensation

Stock where applicable

Coaching and development opportunities

Job summary

RBC's Operational Risk Governance team is driving enterprise-wide risk management initiatives to strengthen controls and governance. This role focuses on planning and guiding risk mitigation and compliance oversight across the organization.

You will design frameworks, lead governance execution, and coordinate with senior leadership to ensure effective risk management and regulatory adherence.

Qualifications

• Comprehensive knowledge of banking regulations (OSFI, FINTRAC, Basel III) and translating requirements into governance policies.
• Familiarity with RBC's risk appetite statement and operationalizing it across the organization.
• Strong analytical and risk assessment capabilities for complex environments.
• Cross-functional leadership to coordinate with compliance, audit, and executive teams.
• Experience designing and testing internal control frameworks.

Responsibilities

• Design and implement risk assessment frameworks to identify and monitor operational risks across units.
• Develop and maintain robust internal control frameworks aligned with regulatory requirements and RBC's risk appetite.
• Lead cross-functional governance to ensure adherence to risk policies and procedures.
• Ensure regulatory compliance with OSFI, FINTRAC, Basel III, etc.
• Coordinate incident response and remediation for operational risk events.
• Communicate risk insights and governance updates to senior management and business leaders.

Job description

Job Description

WHAT IS THE OPPORTUNITY?

The Operational Risk Governance team is undertaking multiple complex enterprise-wide initiatives as part of RBC's ongoing plan to improve risk management controls and governance framework across the organization. In this role you will be responsible for strategically planning and managing successful implementation of risk mitigation strategies and compliance oversight.

WHAT WILL YOU DO?

• Risk Assessment & Monitoring: Designing and implementing frameworks to identify, assess, and monitor operational risks across business units
• Control Framework Development: Establishing and maintaining robust internal controls aligned with regulatory requirements and RBC's risk appetite
• Governance Execution: Leading cross-functional teams to ensure adherence to operational risk policies and procedures
• Regulatory Compliance: Ensuring alignment with banking regulations (OSFI, FINTRAC, etc.) and internal governance standards
• Incident Management: Coordinating response protocols and remediation strategies for operational risk events
• Stakeholder Communication: Communicating risk insights and governance updates to senior management and business leaders

WHAT DO YOU NEED TO SUCCEED?

Must haves:

Must Deep Understanding of Regulatory & Compliance Framework

• Comprehensive knowledge of banking regulations (OSFI, FINTRAC, Basel III, etc.) and ability to translate requirements into actionable governance policies
• Familiarity with RBC's risk appetite statement and how to operationalize it across the organization

Strong Analytical & Risk Assessment Skills

• Ability to identify, quantify, and prioritize operational risks across complex business environments
• Proficiency in risk modeling, scenario analysis, and data-driven decision-making

Cross-Functional Leadership & Stakeholder Management

• Capability to influence and coordinate across business units, compliance, audit, and executive leadership without direct authority
• Excellent communication skills to translate complex risk concepts for diverse audiences (board-level to operational teams)

Control Design & Implementation Expertise

• Experience designing, implementing, and testing internal control frameworks
• Ability to balance risk mitigation with operational efficiency and business objectives

Change Management & Adaptability

• Strong project management skills to execute enterprise-wide initiatives on schedule
• Comfort operating in a dynamic regulatory environment and adjusting governance strategies as risks and regulations evolve
• Resilience in managing competing priorities and stakeholder expectations

Nice-to-have:

Advanced Technology & Data Analytics Proficiency

• Experience with risk management platforms, dashboards, and business intelligence tools
• Familiarity with automation and AI-driven risk monitoring to enhance efficiency and real-time visibility
• This strengthens the ability to scale governance processes and provide actionable insights at enterprise level

Industry-Specific Experience in Financial Services

• Background in banking, insurance, or other regulated financial institutions
• Understanding of RBC's specific business model, products, and inherent risk exposures
• This accelerates onboarding and builds credibility with internal stakeholders

Certification or Advanced Credentials in Risk Management

• Professional certifications such as FRM (Financial Risk Manager), CRMP (Certified Risk Management Professional), CRISC or equivalent
• Advanced education in finance, risk management, or governance disciplines
• These credentials demonstrate commitment to the field and provide structured frameworks for best practices in operational risk governance

WHAT'S IN IT FOR YOU?

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• A world-class training program in financial services
• Flexible work/life balance options
• Opportunities to do challenging work

#TECHPJ

Job Skills

Critical Thinking, Cyber Security Management, Decision Making, Detail-Oriented, Information Security Management, Information Technology Security, Interpersonal Relationship Management, IT Security Architecture, Performance Management (PM)

Additional Job Details

Address: 16 YORK ST:TORONTO

City: Toronto

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: TECHNOLOGY AND OPERATIONS

Job Type: Regular

Pay Type: Salaried

Posted Date: 2026-06-02

Application Deadline: 2026-08-22

Note

Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.