Director – Risk Assessment and Standardization – Risk Reduction
| Company | Royal Bank of Canada |
|---|---|
| Location | Toronto, ON, Canada |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | |
| Experience Level | Senior, Expert or higher |
Requirements
- Minimum of 8-12 years of experience in risk management, internal controls, or a related field within the financial services industry.
- Minimum 5 – 10 years of experience in leading large programs in the financial industry.
- Proven track record of leading and implementing risk assessment and standardization initiatives at an enterprise level.
- Strong understanding of regulatory requirements and industry best practices related to risk management and control frameworks.
- Comfortable working in ambiguous situations and across different lines of business.
Responsibilities
- Lead the development and execution of comprehensive operational risk activity process assessments across the enterprise.
- Identify, analyze, and prioritize operational risk processes to evaluate to ensure effective risk management and mitigation strategies.
- Lead the research, design and execution of standardized toolsets and consistent operating model to how processes are mapped, documented and maintained.
- Develop and implement standardized operational risk management processes to ensure consistency across the enterprise.
- Collaborate with business units to tailor standardized processes to their specific needs while maintaining enterprise consistency.
- Identify and develop new operational risk procedures as needed to address emerging risks and regulatory requirements.
- Work closely with senior leadership, business unit leaders, and other key stakeholders to drive alignment and support for operational risk process assessment and standardization initiatives.
- Communicate effectively with stakeholders to ensure a clear understanding of risk management objectives and progress.
Preferred Qualifications
- Experience leading in a cross-functional, matrixed organization.
- Experience in process design and implementation.
- Experience in technology transformation.
- Familiarity with process improvement methodologies.
- Strong analytical and problem-solving skills, with the ability to think strategically and execute tactically.
- Excellent communication and interpersonal skills, with the ability to influence and build relationships at all levels of the organization.