Senior Manager, Business Risk Management - Auto Finance & PayPlan

RBC; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading Canadian bank in Toronto is seeking a Risk Management Advisor to provide strategic risk advisory services to stakeholders in the Automotive Finance sector. You will ensure compliance with policies, manage risk mitigation processes, and promote a strong risk awareness culture. The ideal candidate has extensive experience in operational risk management and strong communication skills. This position offers a dynamic work environment and opportunities for professional growth.

Benefits

Opportunities for professional growth

Dynamic and collaborative team environment

Ability to make a lasting impact

Qualifications

• 5-7+ years of experience with relevant expertise in risk management.
• Proven leadership, facilitation, and negotiation skills.
• Strong influencing, collaboration, relationship building and communication skills.

Responsibilities

• Provide risk advisory to stakeholders in the Automotive Finance sector.
• Assess compliance with policy and regulatory requirements.
• Manage timely and effective resolution of all known risk issues.

Skills

Business Risk Management

Operational Risk Management

Risk Management

Detail-Oriented

Multitasking

Education

Undergraduate/Postgraduate degree

Job description

Overview

What is the opportunity?

In the role, you will report to the Director, Business Risk Management, as part of a team that provides risk advisory to PFP line of business stakeholders (Automotive Finance and PayPlan) to enable key projects & initiatives. As a strategic advisor, you will be responsible for ensuring comprehensive risk identification, evaluation, mitigation, and monitoring across all risk types in accordance with Enterprise Risk Framework. You will be accountable for enabling strategy and sustainment of a strong risk culture, through effective championing of risk management practices.

Responsibilities

• Business risk lead on projects and initiatives as a risk SME, providing advice and counsel on all risk related matters, assessing compliance with policy and regulatory requirements, reviewing controls, and supporting processes.

• Promote a strong risk awareness culture.

• Collaborate with program and product teams, as well as risk partners (1b and 2LOD), to ensure projects and initiatives adhere to policy and regulatory compliance requirements and within the businesses’ risk appetite.

• Ensure LOB and sustain a strong control eco-system, while enabling PFP business growth and shareholder value.

• Identify the need for enhanced controls (e.g., automated controls); and other testing where required including assisting with the development and design of high-quality controls.

• Ensure that control design & testing sufficiently mitigate identified risks.

• Ensure controls are documented in ORMS in accordance with Internal Control Management Policies.

• Oversight and management of timely and effective resolution of all known risk issues (e.g., self-identified issues, risk appetite breaches, operational risk events, regulatory compliance issues, Internal Audit findings, Quality Assurance reporting).

What do you need to succeed?

Must have:

• 5-7+ years of experience with relevant expertise in risk management, with a focus on operational risk management

• Strong influencing, collaboration, relationship building and communication skills.

• Ability to effectively understand and balance the risk / reward equation in all initiatives.

• Solid knowledge of RBC’s business and functional units

• Proven leadership, facilitation, and negotiation skills

• Strong business acumen and understanding of processes, systems, technologies, and strategic priorities.

• Solid understanding of RBC's Risk Management and Operational Risk Management frameworks.

• Ability to respond and react appropriately to shifting priorities.

• Proven change management capabilities

Nice to have:

• Experience in 2LOD Functions (e.g., Compliance, GRM or Internal Audit)

• Undergrad / postgrad degree

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.

• Ability to make a difference and lasting impact.

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

• Opportunities to do challenging work.

Job Skills

Business Risk Management, Business Risks, Change Impact Analysis, Curiosity, Curious Mindset, Detail-Oriented, Drive to Impact, Multitasking, Operational Risks, Operation Risk Management, Rational Thinking, Risk Management, Speak Up for the Good of RBC, Unlock the Potential of Our People

Additional Job Details

Address: RBC WATERPARK PLACE, 88 QUEENS QUAY W, TORONTO

City: Toronto

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: PERSONAL & COMMERCIAL BANKING

Job Type: Regular

Pay Type: Salaried

Posted Date: 2025-09-17

Application Deadline: 2025-10-01

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.