Posted in

Vice President – Non-Financial Risk

Vice President – Non-Financial Risk

CompanyRoyal Bank of Canada
LocationToronto, ON, Canada
Salary$Not Provided – $Not Provided
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior

Requirements

  • University degree with minimum 5 years of related experience in risk management/capital markets.
  • Solid grasp of non-financial risk and compliance management policies/programs/practices.
  • Ability to contextualize principle-based policies and regulations in appropriate business environment.
  • Strong governance mindset and good understanding of capital markets products, systems, and processes.
  • Capacity to analyze, streamline and prioritize complex issues and form balanced views based on risk and reward.
  • Enquiring mindset with proven ability to think logically and execute independently.
  • Excellent verbal, facilitation, and interpersonal skills to lead workshops and projects.
  • Strong organizational skills with proven ability to work in a fast-paced, multi-faceted environment, ability to manage multiple tasks/priorities and meet target timelines.

Responsibilities

  • Fully execute the division’s NFR programs in accordance with RBC policies, including but not limited to the new Digital RCSA/Risk Register program, the expanded ICMP/control testing requirements, and the continuously evolving RCM/regulatory compliance program.
  • Assess and articulate the division’s non-financial risk profile and provide regular and timely updates to the division’s senior leadership and/or its Operating Committee; escalate material issues / trends as required.
  • Keep up to date of relevant regulatory and/or internal policies. Liaison effectively with internal governance & oversight functions and contribute to policy/program advancement on behalf of the division.
  • Support CB&GC teams through regulatory and/or internal audit engagements by overseeing issue & action formulation and monitoring progress towards timely issue closure.
  • Leverage NFR program outputs and regulatory & internal review findings to proactively identify operational vulnerabilities. Work collaboratively with CB&GC teams to strengthen our business processes and the overall operational control environment.
  • As an integral member of a NFR center-of-excellence team for the CM – Global Corporate Banking group (coverage includes both CB&GC and Transaction Banking divisions), promote a strong risk culture, share best practices, and drive sound decision-making.

Preferred Qualifications

  • Corporate lending/credit related experience preferable.