Director, Risk Policy Commercial Banking

RBC; Toronto; On-site; CAD 120,000 - 160,000; Full time

Job summary

RBC is seeking a Director, Risk Policy GRM to lead oversight and governance for key lending portfolios in Commercial Banking. The role involves risk assessment, policy approval, and promoting sound risk management practices within a collaborative environment, offering competitive compensation and opportunities for professional growth.

Benefits

Comprehensive Total Rewards Program including bonuses

Work in a dynamic, collaborative, and high-performing team

Opportunities for professional growth and accountabilities

Qualifications

• Strong credit acumen and previous lending/adjudication experience in Commercial markets.
• Proven track record of building productive relationships with business and functional partners.
• Ability to prioritize work effectively and manage competing demands.

Responsibilities

• Provide counsel to Business Unit partners on risk assessment.
• Execute Group Risk Management's risk frameworks and update policy guidance.
• Approve or recommend policies and product changes.

Skills

Credit Analysis

Risk Management

Delegating Tasks

People Management

Key Performance Indicators (KPI)

New Challenges

Job description

Job Summary

Job Description

What is the opportunity?

As Director, Risk Policy GRM, you act as the GRM lead for oversight, policy approval and governance for key lending portfolios in Commercial Banking including RBCx, Agriculture, Health Care, Auto Finance, Real Estate, CCG and other strategic sectors. You also provide Delegated Lending Authorities and oversight to roles in Regional Banking and Commercial Advisory group with a focus on sound adjudication processes. Following an Agile risk assessment & approval methodology, you provide effective challenge and approval for key Transformational initiatives.

What will you do?

• Provide counsel to Business Unit partners. Ensuring risks inherent in new or amended products, processes, initiatives, strategies and systems are efficiently and accurately identified, assessed, mitigated and monitored, while maintaining and/or optimizing the risk reward balance.
• Provide a strong second line of defence by promoting sound risk management practices and providing risk guidance.
• Execute upon Group Risk Management's risk frameworks and contributes to the ongoing development and updating of policy guidance.
• Approve or recommend (as required) policies, procedures, standards and guidelines.
• Approve or recommend new or amended product and services as per the Product Risk Review and Approval policy.
• Approve or recommend and provide on-going support for Delegated Lending Authorities for field and adjudication roles.

Must Have:

• Strong credit acumen and previous lending/adjudication experience in Commercial markets.
• Proven track record of building productive relationships with business and functional partners.
• Consistently demonstrates intellectual curiosity and resourcefulness; proven decision making ability, able to deal with ambiguity.
• Proven ability to prioritize work effectively and manage competing demands.

Nice-to-Have:

• Experience in transformation programs.

What is in it for you?

We thrive on the challenge to be our best, progressive thinking, to keep growing, and working together to build and deliver trusted reporting to help our stakeholders succeed 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
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to take on progressively greater accountabilities

Job Skills

Credit Analysis, Delegating Tasks, Key Performance Indicators (KPI), New Challenges, People Management, Risk 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:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-06-06

Application Deadline:

2025-06-21

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.

Join our Talent Community

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

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.