Manager, Risk Identification

RBC; Toronto; On-site; CAD 85,000 - 105,000; Full time

Job summary

A leading financial services organization in Toronto seeks a Manager of Risk Identification to lead risk assessment and control processes. Ideal candidates will have over 5 years of risk management experience and a degree in finance or related fields. This role emphasizes training development and facilitating workshops while ensuring compliance with regulatory standards. Competitive compensation and a supportive work environment are offered.

Benefits

Comprehensive Total Rewards Program

Flexible work/life balance options

Opportunities for professional development

Qualifications

• 5+ years experience in risk management, risk and control self-assessments, and non-financial risk categories.
• Experience preparing risk documentation and supporting audits or regulatory reviews.
• Strong familiarity with internal/external regulatory requirements and standards.

Responsibilities

• Execute risk identification and control assessment activities.
• Support the application and ongoing improvement of NFR frameworks, policies, and standards.
• Develop training materials to enhance risk and control capabilities.

Skills

Analytical skills

Risk data analysis

Attention to detail

Process improvement

Education

Bachelor's degree in finance, Business Administration, Risk Management or related field

MBA, CRM, FRM, GRC or related designations

Job description

Job Description

The Manager, Risk Identification is responsible for the hands‑on execution of risk identification, assessment, and control processes. The Manager supports the development and maintenance of risk and control frameworks, performs detailed risk analyses, and prepares documentation and reports for senior stakeholders. This role will facilitate RCSA workshops, support training initiatives, and ensure compliance with internal and external requirements.

Primary responsibilities include:

• Risk and Control Methodology Execution (45%)
• Analysis and Review of Non-Financial Risks (NFRs) (35%)
• Training Development (20%)

What will you do?

• Risk and Control Methodology Execution: Execute risk identification and control assessment activities, ensuring data accuracy and consistency across platforms by conducting detailed analysis of risk data, control effectiveness, and compliance with standards.

• Analysis and Review of Non-Financial Risks (NFRs): Support the application and ongoing improvement of NFR frameworks, policies, and standards by facilitating and documenting RCSA workshops and risk identification sessions. Assist in monitoring control adherence and identifying gaps or improvement opportunities.

• Training Development: Develop training materials to enhance risk and control capabilities for key stakeholders and prepare risk reports, dashboards, and presentations for management and stakeholders. This ensures continuous improvement initiatives for risk management processes and tools.

What do you need to succeed?

Must-have:

• Bachelor’s degree in finance, Business Administration, Risk Management or other related field; extensive experience in risk governance and management within the financial services industry.
• 5+ years experience in risk management, risk and control self‑assessments, and non‑financial risk categories.
• Strong analytical skills, with experience in risk data analysis and reporting.
• Familiarity with internal and external regulatory requirements and standards.
• Experience preparing risk documentation and supporting audits or regulatory reviews.
• Experience translating data insights and identifying capability enhancements into meaningful training programs and materials.

Nice-to-have:

• MBA, CRM, FRM, GRC or other related designations.
• Analytical Thinking: Ability to interpret and analyze risk data, identify patterns and trends, and support data‑driven decision‑making.
• Attention to Detail: Ability to consistently produce accurate and thorough risk documentation, reports, and analyses, ensuring high standards of quality and compliance.
• Process Improvement: Proactively identify opportunities to streamline and enhance risk identification and assessment processes, contributing to continuous improvement initiatives.

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
• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high‑performing team
• Opportunities to do challenging work
• Flexible work/life balance options

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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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.