Manager, GRM Wealth Management

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

Job summary

A leading financial institution in Toronto is seeking a Manager for Group Risk Management in Wealth Management. The successful candidate will oversee risk management practices, support various risk-related projects, and ensure effective communication across teams. Ideal applicants will have a quant degree and extensive experience in financial services. This full-time role offers a dynamic working environment and opportunities for career growth.

Benefits

Opportunities for development and coaching

Collaborative and high-performing team environment

Challenging work opportunities

Qualifications

• 5+ years experience in financial services, strong knowledge of custody or depositary bank.
• Proven communication skills and people management experience.
• Ability to handle complexity, work in a matrix environment.

Responsibilities

• Provide second line risk oversight for Wealth Management in Canada.
• Assist in development and implementation of risk controls.
• Proactively identify and communicate emerging risks.

Skills

Business Performance Management

Investment Risk Management

Market Risk

Risk Management

Education

Bachelor’s degree in a quantitative discipline

Tools

MS Office Suite (Word, Excel, PowerPoint)

Phyton

VBA

Job description

Job Summary

Job Description

What is the opportunity?

As part of the Group Risk Management team (GRM), the Manager, GRM Wealth Management will provide support on various risk oversight and governance activities for Wealth Management business lines in Canada with focus on risk identification and assessment via execution of enterprise risk reporting, risk policies, credit portfolio management and perform risk oversight activities for cash and balance sheet related risk themes like liquidity and interest rate risk.

What will you do?

• Provide effective second line risk oversight of the Wealth Management business operations in Canada, by executing robust, effective and sustainable risk management practices and programs
• Assist in Wealth Management Group risk management activities including the ongoing development and implementation of risk controls for WMCA, the aggregation and delivery of material risk updates to the senior management committees and development and maintenance of risk control frameworks, implementation of new product initiatives
• Proactive identification of emerging risks (operational, liquidity, credit, market risk) and communication of these risks to senior management as appropriate
• Collate, challenge and ensure consistency of risk reporting for WMCA management Committee, and Risk Committees and where required WM Canada operating entity executive committees and Boards
• Support Director, Head of Risk - Wealth Management Canada to Coordinate and provide input to Enterprise Reporting Initiatives (ERR, GRM Review) to ensure accuracy and consistency
• Provide support on various risk-related projects as well as GRM-led annual standalone RBC IS Trust ICAAP and Recovery & Resolution plans in line with Enterprise plans, requiring effective coordination across wide numbers of GRM and Business groups
• Review Audit and Compliance reviews for risk themes requiring additional focus
• Support the Director – GRM WMCA and Senior Director – GRM WM North America with broader ERM matters impacting Wealth Management operations in Canada, including regulatory change, WMCA input to broader Wealth Management & Enterprise level initiatives and sundry tasks

What do you need to succeed?

Must-have

• Bachelor’s degree in a quantitative discipline
• 5+ years experience in financial services, with strong knowledge of the custody or depositary bank business and its products; understanding of the principles and issues of banking
• Proven communication skills (both writing and presentation) and people management experience
• Ability to handle complexity and work in a matrix environment and to deal effectively with conflict; demonstrates analytical mindset
• Diplomatic and constructive in negotiation, excellent stakeholder management skills required

Nice-to-have

• Advanced MS Office Suite skills (Word, Excel and Powerpoint); ideally with coding skills (Phyton and or VBA)
• Highly self-motivated
• Good team player with strong communication and interpersonal skills
• Pragmatic, delivery oriented attitude

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.

• 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
• Opportunities to do challenging work
• Opportunities to building close relationships with stakeholders in Wealth Management and 1/2LOD

Job Skills

Business Performance Management, Investment Economics, Investment Risk, Investment Risk Management, Market Risk, Performance Management (PM), Risk Control, Risk Management, Standard Operating Procedure (SOP)

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST: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:

2025-07-28

Application Deadline:

2025-08-09

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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