Senior Manager, Business Risk at Royal Bank of Canada

Toronto, Ontario, Canada -

Full Time

Start Date

Immediate

Expiry Date

31 May, 26

Salary

0.0

Posted On

02 Mar, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Risk Identification, Risk Assessment, Risk Mitigation, Risk Monitoring, Regulatory Audits, Compliance Issues, First Line of Defense, Second Line of Defense, Issue Resolution, Change Management, Business Acumen, Influencing, Collaboration, Relationship Building, Strategic Mindset, French Translation

Industry

Financial Services

Description

Job Description What is the opportunity? The Business Risk Manager (BRM) supports the Director, Business Risk Management who acts as the primary risk manager the Lines of Business (LoB) and is responsible for building and maintaining a high level of capability relative to risk identification, assessment, mitigation and monitoring across the LoB What will you do? Participate in Enterprise Risk Control Assessment process for the LoB, working with business representatives, ensuring that risk appetite constraints are supported by appropriate rationale factoring business growth objectives, external environment, industry practice and aligned to metrics where required. Ensures comprehensive risk identification, assessment, mitigation and monitoring across all risk types for the LoB in accordance with the Enterprise Risk Framework, including: Risk identification, assessment and mitigation, Leads the LoB SMT in monitoring and participates, when required, in resolving applicable regulatory audits & inquiries such as but not limited to ;OSFI, CIRO, IAS, OSC and Regulatory Compliance issues as well as ongoing LoB attestations, Supports a First Line of Defense framework in partnership with GRMS & ORMS Works with & supports second line of defense teams such as compliance, AML, Tax advisory etc The Senior Manager will work closely with functional partners as well Business Risk & Governance team members to: identify and log operational and regulatory gaps/deficiencies in the appropriate platforms/systems design and execute on the solutions required to close the issue that has been identified Support & or review and approval of various marketing & or communication materials for internal & external distribution Supports the Francization committee for LOB French communication approvals as required Review & approval for social media responses What do you need to succeed? Demonstrate a collaborative work ethic and enterprise-wide mindset in the performance of duties. Supports LoB SMT to increase risk assessment/mitigation/monitoring capabilities across the LoB ensuring that employees understand RBC’s collective ambition relative to risk identification and management and support and reinforce targeted behaviors that contribute to RBC goals. Promote a strong culture of risk conduct, control awareness and risk mitigation in all dealings within or outside business unit. Enable a pragmatic and streamlined approach to issue resolution. Leverage the value in unit, department, and enterprise-wide teams to develop better solutions and achieve optimal enterprise-wide results. Accept and successfully execute change management best practices while supporting employees and colleagues through the change process and helping them stay focused on business objectives. Must haves: Minimum 10-15 years’ experience in financial services sector with 3-5 years experience in Risk Proven business acumen and credibility Strong influencing, collaboration, relationship building and communication skills Strategic mindset, with significant knowledge and understanding of RBC businesses and organization French language proficiency Nice-to-have: Strong investments/brokerage , Retail banking & or operational experience is a definite asset and preferred Solid working knowledge the financial services regulatory landscape, ideally with several years experience in Risk Management, Compliance or Internal Audit. Canadian Securities Course (CSC), the Conduct & Practices exam (CPH) and Options Course (OLC) Investment Dealer Supervisors Course (IDSC) course What’s in it for you? Primarily LOB-wide scope and impact, and where required and in partnership with ORMS, scope and impact across Canadian Banking and Wealth Management Influences and effects change across business teams within the LoB Builds, maintains and shares subject matter expertise on risk issues in the financial services industry Job Skills Business Process Design, Decision Making, Financial Risk Management (FRM), French Translation, Operational Risks, Risk Control, Risk Management, Teamwork Additional Job Details Address: WATERPARK PLACE, 20 BAY ST:TORONTO City: Toronto Country: Canada Work hours/week: 37.5 Employment Type: Full time Platform: WEALTH MANAGEMENT Job Type: Regular Pay Type: Salaried Posted Date: 2026-02-11 Application Deadline: 2026-03-13 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Inclusion and Equal Opportunity Employment At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all. Join our Talent Community Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com. RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

Responsibilities

The Senior Manager supports the Director by acting as the primary risk manager for the Lines of Business (LoB), focusing on building capability for risk identification, assessment, mitigation, and monitoring across the LoB. This role involves participating in Enterprise Risk Control Assessments and ensuring comprehensive risk management in accordance with the Enterprise Risk Framework.