Associate Director

Associate Director

Requirements

• 5+ years of experience in reporting as well general knowledge within key risk disciplines e.g. enterprise, financial (market, credit, liquidity) or non-financial.
• Strong organizational awareness, analytical thinking, and attention to detail, preferably with solid knowledge of risk management and/or governance standards & processes (management and/or board level).
• Solid communication skills (both written and oral) and strong diplomatic and interpersonal skills to communicate with multiple stakeholders including senior management.
• Ability to manage well under pressure and tight deadlines; works well with changing priorities in a dynamic small team environment.
• In-depth knowledge of MS Office (PowerPoint, Excel and Word).
• Bachelor’s degree in Business, Finance, Law or other related fields
• 5+ years previous experience work in a Risk Management role in a Financial Services organization.

Responsibilities

• Leads the preparation and coordination of reports presented by the U.S. Chief Risk Officer including the quarterly US CRO/ERR report to the Risk Committee of the RIHC Board, US Executive Committee report, and reports prepared for meetings with regulatory bodies.
• Work in collaboration with Risk Contributors and other ERM Program Owners to ensure messaging is clear, and reporting is accurate and sufficient. Provides effective challenge on all risk materials prior to presentation to the RIHC Board and its Committees. Prepares speaking notes for the CRO for the reporting cadence.
• Works with the CUSO Risk Management Committee secretary to ensure proper coordination and escalation of materials to the Board. Works closely with the Subsidiary Governance Office to set and manage the Risk Committee agenda. Provides input on the annual refresh of the Risk Committee mandate as required.
• Interact and communicate with senior management to identify key topics of interest to Risk Committee of the Board including Education sessions, Deep Dives and Risk Lens.
• Builds strong relationships with risk counterparts including RBC Enterprise, CUSO and RIHC legal entities, promoting alignment and consistency of risk reporting.
• Keeps abreast of regulatory developments, industry best practices and leading trends in governance practices. Responds to regulatory, Internal Audit and external survey requests as required (e.g. Federal Reserve, OCC, DTCC etc.).
• As priorities shift within the department, ad-hoc assignments will inevitably occur, and resources are expected to be allocated as needed.

Preferred Qualifications

• Master’s degree in business, Finance, Law or other related fields or Risk Management certification (e.g. FRM) preferred.
• Prior work developing processes and controls related to Heightened Standards or Reg YY will be prioritized.