Vice President, Business Risk Management - Fraud Risk

RBC; Toronto; On-site; CAD 80,000 - 110,000; Full time

Job summary

A forward-thinking company is seeking a Fraud Risk Management expert to enhance their fraud mitigation strategies and lead a dynamic team. This role involves evaluating risks, overseeing investigations, and innovating processes to prevent fraud. With a strong emphasis on collaboration and communication, the successful candidate will play a crucial role in developing effective fraud management programs. Join a progressive team that values growth, community impact, and offers comprehensive benefits, including bonuses and competitive salaries. This is your chance to make a meaningful impact in a high-performing environment.

Benefits

Comprehensive Total Rewards Program

Leadership support for development

Dynamic, collaborative team environment

Challenging work opportunities

Qualifications

• 7+ years of experience in Fraud Risk Management.
• Strong leadership and communication skills required.

Responsibilities

• Evaluate fraud risks and implement mitigation strategies.
• Oversee fraud monitoring and investigations.

Skills

Fraud Risk Management

Fraud Investigations

Leadership

Communication

Problem-solving

Job description

Job Summary

Job Description

What is the Opportunity?

Reporting to the Director, Business Risk – Fraud, Operational and Cyber Risk, this role is vital in developing the RBC Clear Fraud Risk Management program, including enhancing Fraud Risk Mitigation strategies and Fraud Investigations processes. The successful candidate will collaborate with the RBC Clear Products/Channels team and BCS to identify fraud risks, develop and implement mitigation strategies, support the growth of the RBC Clear business, and lead the RBC Clear Fraud Operations team.

What will you do?

1. Evaluate fraud risks related to new RBC Clear processes and products, recommending and implementing mitigation strategies.
2. Oversee fraud monitoring and investigations, ensuring alerts are handled efficiently and according to procedures.
3. Perform data analysis to improve fraud detection strategies.
4. Innovate to optimize people, processes, and systems for fraud prevention.
5. Maintain the RBC Clear Fraud Operations Framework and Procedures outlining structure, roles, responsibilities, and key processes.
6. Support the implementation of projects, initiatives, and system enhancements impacting RBC Clear Fraud Operations.
7. Develop operational reporting requirements to manage the team and assess the effectiveness of the fraud management program.

What do you need to succeed?

• 7+ years’ experience in Fraud Risk Management
• 5+ years’ experience in Fraud Investigations
• Strong leadership and communication skills
• Ability to understand big picture and attention to detail
• Influence and collaboration skills across diverse stakeholders
• Problem-solving skills with a results-oriented approach

What’s in it for you?

We foster a culture of growth, collaboration, and community impact. Our benefits include:

• Comprehensive Total Rewards Program including bonuses, flexible benefits, competitive salary, commissions, and stock options where applicable
• Leadership support for your development through coaching and opportunities
• Chance to make a meaningful impact
• Work in a dynamic, collaborative, progressive, high-performing team
• Challenging work opportunities
• Building close relationships with clients

Job Skills

Business Oriented, Business Performance Management, Business Process Modeling, Communication, Decision Making, Interpersonal Relationship Management, Process Management

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W, TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-05-06

Application Deadline:

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 value an inclusive workplace with diverse perspectives, which is key to our growth. We support our employees to perform at their best, collaborate effectively, innovate, and grow professionally. Our policies foster respect, belonging, and opportunity for all.

Join our Talent Community

Stay informed about career opportunities at RBC by signing up for updates on jobs, tips, and recruitment events at jobs.rbc.com. Expand your potential and help shape a future at RBC through our passion and commitment to community well-being.