Director Enterprise Risk

Director Enterprise Risk

Requirements

• Bachelor’s Degree in Business, Finance, Law, Risk Management, or other related fields.
• 10+ years of experience in a Risk Management role in a Financial Services organization, including talent development.
• Demonstrated ability to think critically and facilitate change through collaborative effort.
• Strong interpersonal, verbal and written communication skills.
• Strong knowledge of risk management and/or governance standards & processes (management and/or board level).
• Extensive knowledge and experience with various reporting, analysis, and presentation tools including MS Excel and Powerpoint.
• General knowledge of key risk disciplines e.g., for all risks – Credit, Market, Liquidity, Strategic, etc.

Responsibilities

• Design and Implement Risk Management Framework in alignment with RBC Enterprise and Combined US Operations (CUSO) expectations.
• Lead Enterprise Risk Appetite Framework, Limits Policy and Governance processes across the first and second line.
• Plan, facilitate and conduct assessment on Enterprise risk metrics across the bank for all risks – Credit, Market, Liquidity, Strategic, etc.
• Provide strategic risk advisory to key partners and leaders.
• Develop and enhance Enterprise-wide governance processes: frameworks, policies and procedures.
• Lead preparation and coordination of RBC Bank CRO Report to the Risk Committee of the RBC Bank Board, working in collaboration with risk contributors to ensure messaging is clear and reporting is sufficient.
• Serve as committee secretary to ensure proper coordination and escalation of materials to the Board.
• Provide and document oversight and documented effective challenge on risk topics, 1 LOD activities, committee reporting, issue remediation, etc.
• Drive day-to-day Core Team activities to meet project milestones and keep functions on track.
• Keep abreast of regulatory developments, industry best practices and leading trends in risk management practices.
• Regularly prepare status reports, performance metrics, presentations and Enterprise-wide guidance in accordance with the ERM program and financial industry regulations, ad-hoc and as requested by management.
• Respond to regulatory, Internal Audit and external survey requests as required (e.g. Federal Reserve, OCC, DTCC etc.).
• Support Enterprise Risk transformation, remediation, and escalation activities.

Preferred Qualifications

• Master’s Degree in Business, Finance, Law or other related fields or Risk Management certification (e.g. FRM).
• Prior work developing processes and controls related to Heightened Standards or Reg YY.
• Experience with Risk Appetite, KPI and KRI, CRO Report, governance, committee activities.
• Experience with regulatory relations and remediation.