Manager, Risk Identification

RBC; Toronto; On-site; CAD 85,000 - 115,000; Full time

Job summary

A leading financial institution is seeking a Manager for Risk Identification in Toronto. This role involves executing risk identification, assessment processes, and supporting the development of control frameworks. Ideal candidates will possess a Bachelor’s degree and extensive experience in risk management, demonstrating strong analytical skills and familiarity with regulatory standards. The company promotes an inclusive workplace and provides a competitive salary package.

Qualifications

• Strong analytical skills, experience in risk data analysis.
• Familiarity with regulatory requirements.
• Experience preparing risk documentation for audits.

Responsibilities

• Execute risk identification and control assessment activities.
• Support the application of NFR frameworks and policies.
• Develop training materials for risk and control capabilities.

Skills

Business Process Design

Decision Making

Financial Risk Management (FRM)

Operational Risks

Risk Control

Risk Management

Teamwork

Education

Bachelor’s degree in finance, Business Administration, or Risk Management

MBA, CRM, FRM, GRC or related designations

Job description

Job Summary

What is the opportunity?

The Enterprise Chief Controls Office (ECCO) is a centralized first line of defense (1LOD) group with the goal of embedding a culture of risk ownership and operational excellence to elevate the control environment. They do this by driving consistency and quality of risk practices to minimize loss and regulatory sanction, drive cost efficiencies, and accelerate project execution to enable growth. The Practice Management team serves to coordinate and drive consistency across 1LOD risk identification, controls, issue management, and non-financial-risk management practices.

Job Description

Description of the Role:

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, supports training initiatives, and ensures 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 of risk and control capabilities enhancement to 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.
• 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 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.

#LI-Post

Job Skills

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

Additional Job Details

Address:

BAY WELLINGTON TOWER, 181 BAY ST:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

CHIEF LEGAL & ADMIN OFFICE GRP

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-07-21

Application Deadline:

2025-08-05

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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