Hybrid Manager – Operational Risk Management, Wealth Management

at RBC

• Job title: Manager – Operational Risk Management, Wealth Management
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: Not specified
• Degree requirement: Professional Certificate
• Location requirements: Hybrid, London, United Kingdom

About the role

• Manager in Operational Risk Management at RBC Wealth Management, providing risk management advisory services and guidance across the organization. Responsible for supporting risk frameworks and team management.

Responsibilities

• Work closely with Senior Managers to ensure that RBC standards and requirements are met
• Manage a team of analysts to assist in partnering with key stakeholders to deliver the operational risk framework across WME
• Using standardized thematic reporting, you will provide key stakeholders with insights into how the control environment can be strengthened
• Support key stakeholders in complying with RBC Enterprise Issue Management standards
• Perform quality assurance checks on all new issues and actions to ensure problem statements are adequately documented, actions adequately address the problem statement
• Provide support to key stakeholders in performing risk profiles for change initiatives
• Ensure risks are adequately rated, controls are identified, and where gaps exist, issues are raised to ensure adequate control implementation
• Support the annual RCSA cycle – under guidance from the RCSA lead, execute the roll-out of the RCSA process to business partners, ensuring that risks are appropriately documented, controls identified to mitigate the risks, and issues raised where there is a gap in controls
• Support the annual WM Risk Appetite Refresh cycle, ensuring delivery of an insightful set of metrics that adequately support the business in preventing and detecting key operational risks
• Contribute to WME Quarterly Risk Reporting, KRI reporting, deep dive and thematic risk reviews and periodical reporting
• Liaise with the wide team, 2LoD and central reporting team on collating, validating and analysing data
• Drive the continuous improvement effort by proactively identifying enhancement and/or optimization opportunities within existing processes

Requirements

• Must-have CISI, ICA, IRM Certification in Risk Management
• Proven Relationship Management experience / Business Development skills
• Strong experience in risk management practices, including RCSA, Risk Issue Management, Operational Risk Event Management, Risk Reporting, Risk Appetite, and KRIs, and risk thematic reviews
• Understanding of Enterprise Risk Frameworks and Operational Risk Frameworks
• Nice-to-have Accountancy qualifications
• RBC Organisational awareness (UK / Global)

Benefits

• Leaders who support your development through coaching and managing opportunities
• Opportunities to work with the best in the field
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team