Senior Director – Conduct and Compensation Risk
| Company | Royal Bank of Canada |
|---|---|
| Location | Toronto, ON, Canada |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior, Expert or higher |
Requirements
- 10 to 15+ years of experience in progressively responsible roles in regulated industries with direct exposure to enterprise-wide mandates and enterprise/operational risk management.
- Strong understanding of compensation risk practices.
- Expert governance-risk-compliance (GRC) acumen through three lines of defence roles.
- Advanced skills in working across geographies and in a matrixed environment.
- Deep capability interpreting and implementing regulatory requirements.
- Proven people management experience.
- University degree in business or related discipline.
Responsibilities
- Lead evolution of RBC’s Compensation Risk Management Operating Model.
- Manage, challenge, and refine governance for risk-based compensation decisions.
- Oversee ongoing development of binding governance documents (frameworks, policies, standards, etc.) that include clear roles and responsibilities aligned with the three lines of defence, and incorporate enterprise consistency.
- Maintain robust regulatory compliance management program.
- Drive and continuously enhance the effectiveness of enterprise-wide compensation risk practices including the identification of material risk takers and other covered employees, risk-related performance goals for leaders, and corresponding measurement of results and compensation outcomes.
- Collaborate with leaders in disciplines that intersect with compensation risk including human resources, compliance, enterprise and operational risk, finance, and legal to produce comprehensive compensation risk profiles at the enterprise level, and by segment and region.
- Provide input and oversight to compensation plan risk assessments.
- Deliver impactful reporting and governance inputs including enterprise chief risk officer (CRO) reports; working with regional CRO teams on their own compensation risk reporting to ensure alignment.
- Fulfil external disclosures and regulatory responses.
- Lead and integrate various dimensions and priorities of the broader enterprise culture, conduct, reputation, and operational risk programs.
- Drives a culture of integrity and behaviours that align to RBC’s Code of Conduct and professional standards.
- Works collaboratively across teams, enabling an engaged workforce who are effective, knowledgeable, and adaptable.
- Cultivates an environment of continuous personal growth.
- Lead a team of high performing colleagues by being invested in their engagement, growth and success.
- Promote a strong culture of risk and control awareness and risk mitigation.
Preferred Qualifications
- CPA, MBA, Law certifications/professional designation.
- Excellent knowledge and understanding of RBC businesses and organization.