Job description
Job SummaryDevelops and implements global risk management reports, systems, and processes to minimize investments risks. Applies extensive, in-depth knowledge, skills, and practices to perform complex assignments.Job DescriptionWhat is the Opportunity?This role resides within the Risk Identification group under the Group Risk Management - U.S. Enterprise Risk department. Primary responsibility is the execution of the Risk Identification process is required as part of the regulatory requirements for the Comprehensive Capital Analysis and Review ("CCAR"), but also serves as part of RBC's ongoing risk management practices.Provide support and input to the CCAR internal scenario design, emerging risks, resolution planning and other CCAR related matters as needed.What will you do?Risk Identification:Coordinate the full lifecycle of the Risk ID processFacilitate discussion during Risk ID meetings and ensure execution of the Risk Identification processReview and challenge assessment inputs from the First Line of Defense and Second Line of DefenseReview and challenge risk event descriptions for the appropriate logical structure, granularity, and idiosyncratic natureReview existing risk reports, New Business Committee presentations, and other support materials to challenge business assumptions or highlight risk events that the LoBs may have missed for inclusion in the Risk InventoryLiaise with Risk colleagues as needed to ensure robust 2LOD participation in the Risk ID processCentrally aggregate and identify Material RisksTrack follow-ups and deliverables and set timing of next stepsCreate and maintain the policy and proceduresSchedule and facilitate Risk ID meetings and Final WorkshopPrepare workshop presentation materials;Present conclusions from Risk ID related business meetings to senior management at all governance forums including the Final Workshop, CUSO RMC, and secure approval from the US Risk CommitteeReview and maintain the Risk Inventory of all risk eventsOther ResponsibilitiesAs priorities shift within the department, ad-hoc assignments will inevitably occur and resources are expected to be allocated as neededWhat do you need to succeed?Bachelor's Degree (in Accounting, Economics, Finance, or other Business related field)Minimum 5 years work experience in relevant or complimentary capacitiesStrong risk management backgroundStrong knowledge of CCAR and stress testing requirements as well as regulations related to capital planning and risk managementStrong communication skills, both written and verbalKnowledge of financial services products (lending products, securities, etc.)Inquisitive and proactive in identifying risks, proposing solutions and/or exercising sound and balanced judgementOutstanding ability to analyze problems and strong attention to detailTeam player; ability to successfully partner with colleagues across departments and/or divisionsAbility to effectively communicate to stakeholders of varying levels, including under contentious circumstancesAbility to prioritize in a fast moving, high pressure, constantly changing environmentStrong Excel and PowerPoint skills requiredAbility to be flexible and follow tight deadlinesHigh level of professionalism, self-motivation, and sense of urgencySuggested Qualifications:Previous Compliance, Audit, Control and/or Regulatory experience a plusPrevious Consulting experience a plusWhat'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 applicableLeaders who support your development through coaching and managing opportunitiesAbility to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamOpportunities to do challenging workOpportunities to building close relationships with clientsThe good-faith expected salary range for the above position is $110,000 - $190,000 (NJ) depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.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 valueJob SkillsBusiness Performance Management, Investment Banking Analysis, Investment Economics, Investment Management Systems, Investment Performance Measurement, Investment Risk, Investment Risk Management, Market Risk, Operational Risks, Performance Management (PM), Quality Management, Risk Management, Standard Operating Procedure (SOP)Additional Job DetailsAddress:8081 ARCO CORPORATE DRIVE:RALEIGHCity:RaleighCountry:United States of AmericaWork hours/week:40Employment Type:Full timePlatform:GROUP RISK MANAGEMENTJob Type:RegularPay Type:SalariedPosted Date:2024-03-14Application Deadline:2024-03-27Inclusion and Equal Opportunity EmploymentAt RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.Job SummaryJob number: R-0000082330Date posted : 2024-03-27Profession: Audit | Compliance | Legal | RiskEmployment type: Full time
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Olin, NC
