Director – CFO Operational Risk

Director – CFO Operational Risk

Requirements

• CPA Designation
• 7+ years experience with Corporate Treasury/Capital Management
• Experience in Operational Risk Management
• Experience as either an Internal or External Auditor
• Strong written and verbal communication skills
• Works Collaboratively
• Builds Influence
• Develops Self and Others
• Embraces and Drives Change
• Make Work Simpler, Faster
• Strategic, enterprise orientation

Responsibilities

• Implement appropriate oversight to ensure that policies and standards are being adhered to and exceptions are highlighted to the Senior Director and as needed, more senior members of the CFO Leadership team.
• Develop resources and maintain control framework elements for CFO Group and oversee their application to the risk profile.
• Assess the adequacy and strength of controls, analyze the risk reward trade-off and recommend management action to ensure a stable risk profile within risk appetite.
• Provide management oversight, analysis, and monitoring of all control environment information pertaining to CFO Group.
• Develop and execute reporting for the operational risk profile, identifying existing and emerging areas of risk, implications for operational risk appetite, the ability of the risk management and control infrastructure to support ongoing business activities etc.
• On behalf of the CFO and the SVP Enterprise Controller, coordinate the timely execution of the Quarterly Assurance Review (QAR) Process, ensuring that all requirements of the related SOX control are effectively executed.
• Lead the planning and execution of defined operational risk assessment and measurement processes in CFO Group, including (but not limited to) risk and control assessments, operational resiliency and other scenario analysis, risk appetite articulation, key risk indicator monitoring, and initiative portfolio risk monitoring as required.
• Identify and implement efficiencies and reduce duplication in the program by leveraging available information sources across RBC.
• Responsible for leading the team in designing and implementing the function-specific processes and standards to operationalize the enterprise programs within the CFO Group as required.
• Plan and manage the program, and maintain documentation on program execution and outcomes, to meet regulatory requirements as well as Operational Risk maturity requirements and timelines.
• Collaborate with partners from within the CFO Controls Office and from across CFO and working with GRM Operational Risk and other Functional 1B teams, identify and evaluate relevant operational risks and controls.
• Work with GRM Operational Risk and other Operational Risk groups to further the operational risk body of knowledge in RBC, share and leverage best practices and contribute to continued evolution of the programs.
• Provide timely, cost effective and innovative solutions to help improve processes, controls, policies and procedures.
• Advise CFO Senior Leadership on significant or pervasive control deficiencies or key risk indicators. Identify root causes, assess the implications and recommend and track corrective actions.
• In collaboration with other CFO Controls Office teams, design and execute an effective reporting and communication program for CFO Operational Risk which identifies risks, control deficiencies, roadblocks, status of remediation, areas for improvement, emerging trends both within RBC and across the industry etc. while meeting the requirements of the RBC Operational Risk Management Program.

Preferred Qualifications

No preferred qualifications provided.