Manager, Data Management & Governance

rbc; Minneapolis (MN); On-site; USD 70,000 - 130,000; Full time

Job summary

RBC in Minneapolis, a top financial services firm, seeks a Manager, Data Management and Governance in Wealth Management Americas DMO to drive data governance aligned with policy and regulatory expectations while enabling AI-powered business growth.

You will implement data standards, curate governance data, and produce KPI reports, collaborating with business units, IT and enterprise functions to scale practices across USWM and beyond.

Qualifications

• Knowledge of data management, governance and risk concepts and capabilities.
• Experience in Wealth Management, preferably in data governance or risk management.
• Excellent communication and collaboration skills, with ability to simplify complex messages.
• Detail-oriented thinker with ability to follow through on complex processes.
• Strong organizational awareness and risk/issue communication skills.

Responsibilities

• Implement data standards of care to drive mature governance, metadata, lineage, data quality and controls.
• Curate information in the governance platform and act as SME.
• Produce and maintain KPI/KRI reports and program status for governance compliance.
• Collaborate across business units, IT and enterprise functions to standardize practices USWM-wide.
• Support agile, non-invasive governance and regulatory/audit requirements including refresh/attestation.
• Contribute to continuous improvements as data assets expand to AI governance and new areas.

Skills

Data governance

Wealth Management

Communication

Attention to detail

Stakeholder management

Tools

Collibra

Informatica

Snowflake

Data Quality tools

Job description

Job Description

What is the opportunity?

T he Wealth Management Americas Data Management Office (DMO) is establishing effective data governance capabilities that balance defensive and offensive governance to comply with policy and regulatory expectations while enabling US Wealth Management (USWM) to leverage data and AI to grow the business.

The Manager, Data Management and Governance is an important role in the WM Americas DMO that collaborates with business stakeholders, IT, the Enterprise CDO, and other Data Management Offices across RBC to execute on data governance standards of care for high-risk data to comply with the Enterprise Information Management (IM) Risk Policy and extend the standards of care to other high value data assets.

You will be responsible for executing foundational processes to implement data management standards of care for USWM. The role will have exposure to many elements of data management and governance including data risk management, data accountability, metadata management, lineage and sourcing, data quality, and issue management and resolution.

What will you do?

• Implement data standards of care according to our enterprise data risk policy and standards to drive improvements to the maturity of data governance capabilities (accountability, metadata management, lineage, data sourcing, data quality and controls)
• Curate information in the data governance and metadata management platform and become the platform subject matter expert
• Produce and maintain reports on key performance indicators, key risk indicators and program status for data management and governance compliance
• Leverage relationships with stakeholders across Business Units, IT and Enterprise Functions to establish effective and sustainable data management and governance practices across USWM, in alignment with Global WM data governance strategy.
• Support cross-functional partners in adopting agile, modern, non-invasive data governance practices and processes that satisfy regulatory and audit requirements, including refresh and attestation processes
• Contribute to continuous improvement projects to elevate current artefacts and develop scalable processes as we extend into new areas of data (e.g. AI use and governance) with business partners

What do you need to succeed?

Must have

• Knowledge and previous experience working with data management, governance and risk concepts and capabilities including data dictionaries, lineage, metadata management, data quality and controls, and issue remediation
• Previous experience in Wealth Management, ideally in data governance or risk management role
• Excellent communication and collaboration skills (written and verbal) including meeting facilitation and presentation skills, with a proven track record of simplifying and distilling complicated messages
• Detail-oriented critical thinker with proven ability to follow through and complete complex processes
• Strong organizational awareness, demonstrated ability to communicate risks and issues and upscale when required

Nice-to-have

• Experience/knowledge of regulatory reporting requirements for US financial services organizations
• Project/program management, change management, and/or business analysis experience
• Working knowledge of the data management tools including Collibra, Informatica, Snowflake and Data Quality tools

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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
• Leaders who support your development through coaching and managing opportunities.
• Ability to make a difference and lasting impact.
• Work in a dynamic, collaborative, progressive, and high-performing team.
• Opportunities to do challenging work.
• Opportunities to build close relationships with clients.

The expected salary range for this particular position is $70,000-$130,000, depending on your experience, skills, and registration status, market conditions and business needs.

You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

• Drives RBC's high-performance culture
• Enables collective achievement of our strategic goals
• Generates sustainable shareholder returns and above market shareholde