Address
Form of workJob Summary
What is the Opportunity?
This role will be responsible for the strategic direction & execution of the team's 1LoD control evaluation program across US, Canada and Malaysia based staff, and will act as a subject matter expert to advise stakeholder on the establishment of the effective control environment. The role will partner with Operational Risk colleagues to incorporate control evaluation activities into the broader Operational Risk management program and to drive RBC's overall maturity in its control environment.
Primary purpose of the role:
• Establish and maintain control management & control evaluation (design and operating effectiveness) center of expertise operating model across US, Canada and Malaysia staff.
• Act as a key contributor to the Bank's overall internal control strategy.
• Lead the team in executing robust internal control tests in adherence with RBC's standards and practices.
• Consult stakeholders on the establishment of robust controls, in partnership with Operational Risk colleagues
What will you do?
• This role will be responsible for the strategic direction & execution of the team's 1LoD control evaluation program across US, Canada and Malaysia based staff, and will act as a subject matter expert to advise stakeholder on the establishment of the effective control environment. The role will partner with Operational Risk colleagues to incorporate control evaluation activities into the broader Operational Risk management program and to drive RBC's overall maturity in its control environment. Actively develop and build staff skills and competencies as well as identify training needs of the staff.
• Day-to-day management of team including management of book of work and delivery of same, budgets, hiring, resource planning, distribution of assignments, conflict resolution.
• Participate in performance management of staff and provide feedback to staff.
• Develop and implement action plans in response to employee feedback and engagement surveys.
• Oversee control evaluation activities that evaluate the design and operating effectiveness of key controls.
• Oversee development of robust and scalable testing modules, scripts, and other guides including testing approach and scoping/sampling for evaluating the effectiveness of Key Controls to mitigate key risk exposures related to regulatory requirements and RBC risk policies and standards.
• Lead in the efforts to define, implement, and continuously improve operating model for control evaluation activities for Risk & Controls Group which meets US regulatory expectations and Enterprise standards.
• Acts as brand ambassador of the Risk & Controls Group and maintain collaborative relationships with control evaluation stakeholders, including but not limited to, Group Risk Management, US Finance, Internal Audit, US Lines of Business.
• Promote understanding of operational risk management within all parties in scope of the team's coverage.
• Manage the articulation of results/conclusions/memos of control testing activities and communicate to key stakeholders across RBC.
• Manage and oversee reporting to senior management / Board and lead preparation sessions with Senior executives.
• Write/coordinate a wide variety of both internal and external reporting, including updates for Regulatory bodies.
• Review & approve procedural and policy documentation for the team
What do you need to succeed?
• Minimum 7-10 years work experience in relevant or complimentary capacities
• Experience leading teams and strong management/leadership skills
• Strong grasp of Operational Risk Management and extensive experience in the design and evaluation of internal controls.
• Demonstrated ability to balance delivery of a large book of work with ongoing management of program level strategy, continuous improvement and staffing plans
• Strong communication and presentation skills, ability to tailor to various levels of seniority.
• Inquisitive and proactive in identifying risks, proposing solutions and/or exercising sound and balanced judgement
• Proven ability to establish and execute new processes.
• Strong relationship management experience, ability to build influence with senior internal stakeholders.
• Previous experience working in highly regulated business environments in the financial services sector.
• Familiarity with key regulations including Regulation YY, OCC Heightened Standards.
• Required: Bachelor's Degree in finance, accounting, business or other related field
• Preferred: CPA, CIA, FRM, CFA or other related designations
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 including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• 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 building close relationships with clients
The good-faith expected salary range for the above position is $150,000 - $230,000 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 value
Job Description
Job Skills
Business Analytics, Decision Making, Financial Risk Management (FRM), Internal Controls, Operating Effectiveness, Operational Delivery, People Management, Quality Management, Results-Oriented, Risk Control, Risk Management, Strategic Thinking
Additional Job Details
Address:
GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITY
City:
Jersey City
Country:
United States of America
Work hours/week:
40
Employment Type:
Full time
Platform:
GROUP RISK MANAGEMENT
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2023-11-28
Application Deadline:
Inclusion and Equal Opportunity Employment
At 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 Community
Stay 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.
What is the Opportunity?
This role will be responsible for the strategic direction & execution of the team's 1LoD control evaluation program across US, Canada and Malaysia based staff, and will act as a subject matter expert to advise stakeholder on the establishment of the effective control environment. The role will partner with Operational Risk colleagues to incorporate control evaluation activities into the broader Operational Risk management program and to drive RBC's overall maturity in its control environment.
Primary purpose of the role:
• Establish and maintain control management & control evaluation (design and operating effectiveness) center of expertise operating model across US, Canada and Malaysia staff.
• Act as a key contributor to the Bank's overall internal control strategy.
• Lead the team in executing robust internal control tests in adherence with RBC's standards and practices.
• Consult stakeholders on the establishment of robust controls, in partnership with Operational Risk colleagues
What will you do?
• This role will be responsible for the strategic direction & execution of the team's 1LoD control evaluation program across US, Canada and Malaysia based staff, and will act as a subject matter expert to advise stakeholder on the establishment of the effective control environment. The role will partner with Operational Risk colleagues to incorporate control evaluation activities into the broader Operational Risk management program and to drive RBC's overall maturity in its control environment. Actively develop and build staff skills and competencies as well as identify training needs of the staff.
• Day-to-day management of team including management of book of work and delivery of same, budgets, hiring, resource planning, distribution of assignments, conflict resolution.
• Participate in performance management of staff and provide feedback to staff.
• Develop and implement action plans in response to employee feedback and engagement surveys.
• Oversee control evaluation activities that evaluate the design and operating effectiveness of key controls.
• Oversee development of robust and scalable testing modules, scripts, and other guides including testing approach and scoping/sampling for evaluating the effectiveness of Key Controls to mitigate key risk exposures related to regulatory requirements and RBC risk policies and standards.
• Lead in the efforts to define, implement, and continuously improve operating model for control evaluation activities for Risk & Controls Group which meets US regulatory expectations and Enterprise standards.
• Acts as brand ambassador of the Risk & Controls Group and maintain collaborative relationships with control evaluation stakeholders, including but not limited to, Group Risk Management, US Finance, Internal Audit, US Lines of Business.
• Promote understanding of operational risk management within all parties in scope of the team's coverage.
• Manage the articulation of results/conclusions/memos of control testing activities and communicate to key stakeholders across RBC.
• Manage and oversee reporting to senior management / Board and lead preparation sessions with Senior executives.
• Write/coordinate a wide variety of both internal and external reporting, including updates for Regulatory bodies.
• Review & approve procedural and policy documentation for the team
What do you need to succeed?
• Minimum 7-10 years work experience in relevant or complimentary capacities
• Experience leading teams and strong management/leadership skills
• Strong grasp of Operational Risk Management and extensive experience in the design and evaluation of internal controls.
• Demonstrated ability to balance delivery of a large book of work with ongoing management of program level strategy, continuous improvement and staffing plans
• Strong communication and presentation skills, ability to tailor to various levels of seniority.
• Inquisitive and proactive in identifying risks, proposing solutions and/or exercising sound and balanced judgement
• Proven ability to establish and execute new processes.
• Strong relationship management experience, ability to build influence with senior internal stakeholders.
• Previous experience working in highly regulated business environments in the financial services sector.
• Familiarity with key regulations including Regulation YY, OCC Heightened Standards.
• Required: Bachelor's Degree in finance, accounting, business or other related field
• Preferred: CPA, CIA, FRM, CFA or other related designations
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 including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• 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 building close relationships with clients
The good-faith expected salary range for the above position is $150,000 - $230,000 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 value
Job Description
Job Skills
Business Analytics, Decision Making, Financial Risk Management (FRM), Internal Controls, Operating Effectiveness, Operational Delivery, People Management, Quality Management, Results-Oriented, Risk Control, Risk Management, Strategic Thinking
Additional Job Details
Address:
GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITY
City:
Jersey City
Country:
United States of America
Work hours/week:
40
Employment Type:
Full time
Platform:
GROUP RISK MANAGEMENT
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2023-11-28
Application Deadline:
Inclusion and Equal Opportunity Employment
At 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 Community
Stay 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.
