Senior Manager, Portfolio Governance and Controls

RBC; Toronto; On-site; CAD 120,000 - 160,000; Full time

Benefits offered by this job

Total rewards program

Stock options

Flexible benefits

Job summary

RBC is seeking a dynamic Senior Manager to join the Project and Portfolio Governance team in Toronto. You will lead risk domain development, establish controls and procedures, and drive governance forums to ensure robust oversight and regulatory compliance across our investment portfolio.

The role requires proven leadership of cross-functional teams, strong written and verbal communication, and expertise in risk management, portfolio management, and enterprise governance.

Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or related field.
• Professional designation (PMP, CPA, RMP, CFA) preferred.
• Minimum 5 years of experience in project management, portfolio management, risk management, or financial controls.

Responsibilities

• Lead the development of the project and portfolio management risk domain, establishing an operating model, controls and procedures, KPIs, governance forums and mandates, and remediation plans when gaps are found.
• Design and execute comprehensive QA frameworks for project delivery methodologies, including audit trails, quality gates, and checkpoint reviews throughout the lifecycle.
• Partner with Enterprise Risk Management and planning teams to integrate portfolio risks into enterprise frameworks and embed governance requirements into project planning.
• Develop risk assessment methodologies for individual projects and portfolios, including escalation procedures for breaches and control failures.
• Create and maintain monitoring programs for policy and regulatory requirements, coordinating with Risk and Compliance teams as needed.
• Facilitate cross-pillar governance committees and forums to apply best practices across project teams.
• Lead transformation to automate governance processes and implement technology for portfolio monitoring, reporting, and data analytics.
• Establish portfolio-level governance standards and executive reporting for committees like OC and IRB.

Skills

Risk management

Portfolio management

Leadership

Communication

Stakeholder mgmt

Enterprise risk

Excel

Planview

Education

Bachelor's degree in Finance, Economics, Business Administration, or related field

Professional designation (PMP, CPA, RMP, CFA) preferred

Minimum 5 years of experience in project/portfolio risk management or financial controls

Tools

Planview

Excel

Job description

What is the opportunity?

We are seeking a dynamic Senior Manager to join our Project and Portfolio Governance team. This role is critical in ensuring robust oversight, risk management, and regulatory compliance across our investment portfolio.

Job Description

What is the opportunity? We are seeking a dynamic Senior Manager to join our Project and Portfolio Governance team. This role is critical in ensuring robust oversight, risk management, and regulatory compliance across our investment portfolio.

What will you do?

• Risk Domain Development & Framework Establishment: Lead the development of the project and portfolio management risk domain, establishing an operating model, controls and procedures, key performance and risk indicators, governance forums and mandates, and implementing appropriate remediation plans when compliance gaps are identified
• Quality Assurance & QA Program Design: Design and execute comprehensive quality assurance frameworks for T&O project delivery methodologies, including standardized audit trails, quality gates, and checkpoint reviews throughout the project lifecycle
• Cross-Functional Partnership & Enterprise Integration: Partner with Enterprise Risk Management and T&O planning teams to integrate portfolio risks into enterprise frameworks and embed governance requirements into project planning processes
• Risk Assessment & Risk Methodology: Develop risk assessment methodologies for individual projects and portfolio-level concentrations, including escalation procedures for risk threshold breaches and control failures
• Regulatory Compliance: Create and maintain compliance monitoring programs for policy and regulatory requirements, coordinating with Risk and Compliance teams on regulatory interpretation and implementation
• Governance & Forum Facilitation: Facilitate cross-pillar governance committees, decision‑making forums, and knowledge sharing sessions to implement industry best practices across project teams
• Transformation & Process Automation: Lead transformation initiatives to automate governance processes and implement technology solutions for portfolio monitoring, reporting, and data analytics
• Portfolio Standards & Governance Standards: Establish portfolio-level governance standards and executive reporting mechanisms supporting management committees including the OC and IRB, ensuring consistent application across all investment initiatives and maintaining regulatory examination readiness

What do you need to succeed?

Must-have:

Education & Certifications

• Bachelor's degree in Finance, Economics, Business Administration, or related field
• Relevant professional designation (PMP, CPA, RMP, CFA) preferred
• Minimum 5 years of experience in project management, portfolio management, risk management, or financial controls

Technical Skills

• Strong knowledge of portfolio management principles and enterprise decisioning
• Proficiency in risk management frameworks and regulatory requirements
• Advanced Excel skills and experience with project management systems (e.g. Planview)

Leadership & Communication

• Proven leadership experience managing cross‑functional teams
• Excellent written and verbal communication skills
• Strong stakeholder management and presentation abilities
• Ability to influence and collaborate across all organizational levels

Nice-to-have:

• Experience in banking and financial institutions industry
• Knowledge of regulatory frameworks (OSFI, IIROC, CSA)
• Project management experience with complex, multi‑stakeholder initiatives
• Experience with process improvement methodologies (Six Sigma, Lean, Kaizen)

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.
• Work in a dynamic, collaborative, progressive, and high‑performing team.
• Flexible work/life balance options.
• Opportunities to building close relationships with clients.
• Access to a variety of job opportunities across business and geographies.

Job Skills

Adaptability, Budgeting, Business Oriented, Cross-Team Collaboration, Decision Making, Information Technology (IT) Projects, Interpersonal Relationship Management, Long Term Planning, Resource Management, Vision Alignment

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: TECHNOLOGY AND OPERATIONS
• Job Type: Regular
• Pay Type: Salaried
• Posted Date: 2026-08-12
• Application Deadline: 2026-10-05
• Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.