Senior Manager, Controls Design & Implementation, Commercial Banking at Royal Bank of Canada

Toronto, Ontario, Canada -

Full Time

Start Date

Immediate

Expiry Date

11 Sep, 26

Salary

0.0

Posted On

13 Jun, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Banking Products, Business Process Design, Business Risk Management, Controls Management, Decision Making, Financial Risk Management, Influencing Change, Operational Risks, Process Management, Product Management, Program Execution, Relationship Networking, Risk Control, Risk Management, Teamwork, Stakeholder Management

Industry

Financial Services

Description

Job Description What is the opportunity? The Commercial business segment continues to have growth ambitions to be the bank of choice for all businesses in Canada in a rapidly changing environment. The portfolio consistently outperforms the market with strong, diversified growth underpinned by strong risk management practices, and a culture to protect both our clients and the entity. The recent expansion of the Business Risk Management team within the business reflects the importance of proactive risk management aligned with line of business priorities, and strategic investment to bring risk management expertise closer to the Commercial banking segment, to ensure risks are assessed with a deep understanding of the business. The Senior Manager, Controls Design & Implementation, is a business lead for 1st line of defense risk controls advisory, design and implementation within Commercial Banking, covering an assigned product/service team and/or priority risk horizontal across the business. Operating within RBCs Enterprise Risk Management Framework, and as part of the Commercial Banking Business Risk Management team, the incumbent is accountable for leading risk control advisory, identification, design, and implementation, ensuring a comprehensive and robust control environment aligned to strategic objectives, regulatory requirements and enterprise control management standards. This role will be in office 3 to 4 days a week. What will you do? Proactively supports Commercial Banking (CB) business control owners, as a subject matter expert, with ensuring risks are understood and managed through effective remediation, mitigation, and control Provides advisory and expert advice to the business on adequate control management practices, aligned to the RBC Enterprise Internal Control Management Standard Provides guidance and support to controls owners and key stakeholders on implementing effective mitigating controls - how to design, implement, monitor, measure Facilitates effective control identification, design, approvals, documentation, and governance Manages the end-to-end control implementation process, including monitoring, test planning, and Quality Assurance Ensures control performer /owner has the necessary support (and that the control is suitable for role) to execute the control. Represents Controls Design and Implementation in risk forums, actively providing advice and guidance to the business at Change Forums (for new projects), Risk Triage Assessments (RTA), Operational Risk Events (OREs), Risk Control Self Assessments (RCSAs) and working closely with Issue Management Managers to support and mange action plans. Manages, maintains, and oversees CB’s risk register, inventory, and change logs and supports communication and reporting to the CB BRM team and senior leaders Proactively identifies pain points, gaps, and opportunities, by working with control owners, performers, 2LOD and 1LOD BRM partners, to drive continuous improvement in controls management and design Partners closely with Legal and Compliance to stay current on regulatory environment Builds, maintains and shares subject matter expertise on control management best practices and emerging trends in the financial services industry Proactively supports Enterprise Control Testing with preparing control owners for annual key-control assessments What do you need to succeed? Must-have: 2-3 years of experience in financial services or related business in product and process with complex risk procedures. Experience and sound understanding of risk and control frameworks and practices used in banking. Experience and sound understanding of process and control design methodologies Post-secondary education in business or related discipline Exceptional stakeholder management, cross functional collaborations. Strong influencing skills, relationship building skills to work across a diverse range of colleagues, functions and business areas. Well-developed problem-solving, critical thinking skills, inquisitive nature and comfort challenging current practices Self-starter, excellent communicator with strong writing and presentation skill. Prioritizes for impact; able to manage multiple priorities Nice to have: 2-3 years of experience as a risk professional Previous knowledge/experience with Key Risks/Controls tools (e.g. ERIC/Archer) Strong business acumen; understands profit & loss levers in commercial financial services Familiarity with risk data, systems and reporting tools Knowledge of Canadian Banking operations and processes Knowledge of Commercial Banking Knowledge of the current Regulatory environment Sound understanding of Enterprise Initiative Management frameworks and practices used in Canadian banking Graduate degree or professional designation What’s in it for you? We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual. Ability to make a difference and lasting impact Work in a dynamic, collaborative, progressive, and high-performing team Opportunities to do challenging work Job Skills Banking Products, Business Process Design, Business Risk Management, Controls Management, Decision Making, Financial Risk Management (FRM), Influencing Change, Operational Risks, Process Management, Product Management, Program Execution, Relationship Networking, Risk Control, Risk Management, Teamwork Additional Job Details Address: RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTO City: Toronto Country: Canada Work hours/week: 37.5 Employment Type: Full time Platform: PERSONAL & COMMERCIAL BANKING Job Type: Regular Pay Type: Salaried Posted Date: 2026-06-12 Application Deadline: 2026-06-22 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Our Employment Opportunities At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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

Lead the advisory, design, and implementation of first-line risk controls within Commercial Banking to ensure a robust control environment. Manage the end-to-end control process, including risk registers, monitoring, and reporting to senior leadership.