Senior Manager, Risk Advice

Royal Bank of Canada; Minneapolis (MN); On-site; USD 90,000 - 160,000; Full time

Benefits offered by this job

401(k) with company matching

Health, dental, vision insurance

Paid time off

Job summary

Royal Bank of Canada (RBC) US Wealth Management is expanding its risk oversight function. The Risk Advice Senior Manager, Business Risk Oversight, will provide risk guidance to product managers and business owners across credit, lending and cash management within Wealth Management.

You will apply professional judgment to solve complex risk problems and collaborate with Compliance, Law, and Enterprise Risk while leading risk-driven projects.

Qualifications

• 6+ years in strategic risk/compliance or product management focusing on credit/lending/cash management products and risk
• Excellent verbal and written communication
• Strong problem solving and leadership with conflict de-escalation abilities
• Organizational skills: multitask, prioritise, delegate
• SIE exam or ability to obtain within 180 days of employment

Responsibilities

• Evaluate and synthesize regulatory, legal, operational and other risk considerations to enable strategic solutions within RBC's risk appetite
• Develop policy requirements and design controls and procedures
• Provide guidance to partners navigating risk governance requirements
• Lead and participate in risk- and business-driven projects
• Collaborate with Compliance, Law Group and Enterprise Risk teams

Skills

Risk management

Communication

Problem solving

Leadership

Organizational skills

SIE exam readiness

Education

MBA or equivalent

Tools

FINRA licenses: Series 7/66/24

Job description

Job Description

What is the opportunity?

RBC US Wealth Managing is building out our credit, lending and cash management products and capabilities. As a Risk Advice Senior Manager, Business Risk Oversight, you will provide risk advice and guidance to product managers and other business owners within this developing business along with other areas of Wealth Management. In this role you will apply professional judgment to solve problems and find solutions to complex business risk scenarios through collaboration and consensus-building with multiple stakeholders.

What will you do?

• Assist product managers and other business owners in evaluating and synthesizing regulatory, legal, operational and other risk considerations to find strategic solutions that enable the business within RBC’s risk appetite
• Help business partners develop policy requirements and design supporting processes and controls, including field procedures, supervisory procedures and system controls
• Provide guidance to business partners in navigating business line and Enterprise formal risk governance requirements
• Lead and participate in risk- and business-driven projects
• Collaborate with Business Risk Oversight colleagues, including the supervision, surveillance, operational risk, policy and disclosure management teams, as well as functional groups, such as Compliance, Law Group and Enterprise Group Risk

What do you need to succeed?

Must-have

• 6+ years’ experience in a strategic business risk/compliance or product management role focused on credit/lending/cash management products/solutions and risk management, preferably within a wealth management environment
• Exceptional verbal and written communication skills
• Exceptional problem solving and leadership skills with the ability to deescalate conflict and reach consensus
• Effective organizational skills, including the ability to multitask, prioritize, and delegate where appropriate
• Securities Industry Essentials (SIE) exam or able to obtain within 180 days of employment

Nice-to-have

• JD, MBA or another advanced degree
• Securities/broker-dealer risk, compliance, legal, product manager/business experience
• Series 7, 66 and 24 registrations

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 $99,000-$176,000, (Chicago), $90,000-$160,000, (Minneapolis), 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 shareholder value

Job Skills

Analytical Thinking, Business, Commercial Acumen, Communication, Critical Thinking, Data Compilation, Decision Making, Group Problem Solving, Long Term Planning, Management Reporting, Negotiation, Organizational Change Management, Planning Ability, Professional Presentation, Researching, Solutions Development

Additional Job Details

Address:

250 NICOLLET MALL:MINNEAPOLIS

City:

Minneapolis

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-02-20

Application Deadline:

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.