Sr. Business Analyst

Royal Bank of Canada; Minneapolis (MN); On-site; USD 90,000 - 120,000; Full time

Job summary

Royal Bank of Canada in Minneapolis seeks a Sr. Business Analyst within Regulatory Risk Services to lead operational projects and remediation efforts driving regulatory compliance and operational excellence.

You will bridge business needs, technology solutions, and risk management, leading cross-functional initiatives and delivering measurable impact across Operations, IT, and Risk teams. The role emphasizes requirements gathering, data analysis, UAT, training, and implementation support with a

Qualifications

• 4-year degree from an accredited university or equivalent and 5+ years in securities, banking, technology, or related industry experience.
• 3+ years in securities, banking, technology and/or job-specific industry experience.
• Securities license 7 or 99 or ability to obtain within 120 days.
• Ability to analyze complex problems, identify root causes, and develop solutions for escalated issues.
• 2+ years demonstrated project team coordination and/or coaching/mentoring leadership experience.
• Exceptional interpersonal, verbal, and written communication skills.

Responsibilities

• Partner with Ops teams to assess events requiring remediation or opportunities to enhance risk framework.
• Plan and manage remediation and initiatives affecting Operations through the project lifecycle.
• Provide process design, technical expertise, and problem solving for multiple specialty areas.
• Develop business requirements, perform UAT, train end users, and support implementation of enhancements.
• Collaborate with RBC IT, vendors, and stakeholders to resolve systemic challenges.
• Lead Ops partners through project lifecycle and support implementation of regulatory risk initiatives.

Skills

Regulatory risk

Data analysis

Cross-functional collaboration

Project coordination

Communication skills

Education

Bachelor's degree or equivalent

Job description

Job Description

What is the opportunity?

We are seeking a Sr. Business Analyst within the Regulatory Risk Services team to lead operational projects and remediations that drive regulatory compliance and operational excellence. This role requires a strategic thinker who bridges business needs, technology solutions, and risk management; leading cross-functional initiatives and delivering business impact. You will apply your experience and seasoned knowledge, skills, and practices to perform a variety of assignments.

What will you do?

• Partner with Ops teams to assess, research, and analyze events requiring remediation or areas of opportunities to enhance the WM Ops Risk framework.
• Plan and manage remediation and initiatives impacting Operations, working with stakeholders to move initiatives through the new initiative and project lifecycle processes.
• Participate in Operations, firm, and/or industry initiatives providing process design, expert product knowledge, technical expertise, and problem solving unique to one or more specialty areas.
• Participate in business requirement development, UAT testing, end-user training, and implementation support for enhancements and new firm initiatives for changing technology systems, supporting department processes.
• Consult with RBC IT, vendors, and stakeholders to resolve systemic and operational challenges
• Partner with Ops teams to support Operations with the implementation of regulatory risk projects and initiatives and help lead Ops partners through the project lifecycle process.
• Support the development and execution of back-office capabilities and strategies, resulting in initiatives, detailed business cases, and other business deliverables.
• Will work closely with individuals within Operations, Technology, Project Management, and other across the business to coordinate work and drive projects.
• Though critical thinking and data analysis will assess gaps and areas for improvement, work with Ops teams to determine risk factors and implementation requirements/impact.
• Participate in business requirement development, UAT testing, end-user training, and implementation support for enhancements and new firm initiatives for changing technology systems, supporting department processes.
• Analyze and resolve escalated problems/issues while ensuring adherence to all regulatory and firm policy requirements.
• Support WM Ops Risk & and Control Committee representation by assessing, researching, and analyzing new items and document prior discussion. Lead meetings and presentations when required.
• Analyze incoming process change requests, C&C firms and products for impacts and risks to Operations and prepare for discussion.
• Prepare Ops Regulatory Risk and Control updates regularly.
• Assist in the production of presentations for a range of stakeholders highlighting achievements, reporting metrics, and other relevant material.
• Drive innovation in areas such as risk AI enablement, technology, and automation, while focusing on risk and regulatory requirements.
• Ensures quality outcomes, escalates issues effectively, and helps develop team capabilities.
• Strengthens analytics and reporting through system improvements and innovative solutions, enabling executive decision-making.

What do you need to succeed?

Must-have

• 4-year degree from an accredited university or equivalent or High school diploma or equivalent AND 5+ years of securities, banking, technology and/or job specific industry experience
• 3+ years prior securities, banking, technology and/or job specific related industry experience
• Securities license 7 or 99 (or able to obtain license within 120 days)
• Ability to analyze complex problems, identify root causes, and develop solutions for escalated issues
• 2+ years demonstrated project team coordination and/or coaching/mentoring leadership experience
• Exceptional interpersonal, verbal, and written communication skills, with an ability to work e