Manager, Business Risk and Reporting

RBC; Toronto; On-site; CAD 90,000 - 120,000; Full time

Job summary

RBC is seeking a Manager Business Risk and Reporting for their Wealth Management division. You will play a critical role in the Operational Risk Management program, providing insights and support to senior management. The position involves extensive analysis, reporting, and collaboration with various stakeholders to ensure compliance and effective decision-making.

Benefits

Comprehensive Total Rewards Program

Flexible work/life balance options

Opportunities for professional development

Qualifications

• 5+ years in operational risk, supplier management, audit, or compliance.
• Strong analytical and research skills.
• Ability to communicate effectively with senior management.

Responsibilities

• Support Operational Risk Management program execution.
• Analyze, review, and report for senior management.
• Document controls for high-risk processes.

Skills

Business Process Design

Decision Making

Financial Risk Management (FRM)

Operational Risks

Risk Control

Risk Management

Teamwork

Education

University Degree

Tools

Tableau

Microsoft Excel

PowerPoint

Job description

Job Summary

Job Description

What is the opportunity?

As the Manager Business Risk and Reporting you will support Wealth Management (WM) in the execution of the Operational Risk Management program. In this role you will assist in the design and execution of Operational Risk practices by engaging with stakeholders across RBC including WM, GRM, and support functions.

What will you do?

• Perform management requested analysis, reviews, and reporting for senior management within WM leveraging strategic decision making.
• Report on Operational Risk Appetite for Wealth Management and Key Risk Indicators for WM Lines of Businesses.
• Support the annual refresh of WM Operational Risk Appetite, measures and thresholds, including back testing.
• Report and monitor outstanding audit and ORM issues to ensure they are on track for completion within the required deadline. Review and verify evidence to close issues.
• Research and input Operational Risk Events (OREs); gather and validate information provided by business to ensure compliance with ORM standards.
• Lead targeted reviews through planning, execution, reporting and identifying high quality issues reflecting risk and root causes and execute Risk & Control Self Assessments (RCSA), including working with business partners to develop action plans.
• Document and maintain repository of key controls for high risk processes as required to meet the Internal Control Management Policy (ICMP) and Regulatory Compliance Management Program (RCM) requirements.
• Manage critical team archives and reference material – minutes, operating procedures, guidance documents, and supporting evidence for Operational Risk programs.
• What do you need to succeed?

What do you need to succeed?

Must-have

• University Degree with over 5 years of financial industry experience in areas such as operational risk, supplier management, audit, or compliance functions
• Advanced knowledge and experience using Tableau, Microsoft Excel and PowerPoint.
• Experience in developing and producing reports as well as mining and analysis of data and databases with strong problem solving, analytical, and research skills.
• Ability to deal effectively with senior management and multiple stakeholders.
• Strong communication skills and ability to present information clearly.

Nice-to-have

• Excellent knowledge of Wealth Management.
• Professional designation in Risk or Finance such as MBA, CPA, or CFA.

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.

• 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
• Flexible work/life balance options
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities
• Access to a variety of job opportunities across business

Job Skills

Business Process Design, Decision Making, Financial Risk Management (FRM), Operational Risks, Risk Control, Risk Management, Teamwork

Additional Job Details

Address:

180 WELLINGTON ST W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-06-03

Application Deadline:

2025-06-24

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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