Senior Manager, Risk Management

Job Description

What is the opportunity?

As Senior Manager, Risk Management for RBC Insurance, you will be working with partners to achieve an optimal risk-reward balance that enables RBC Insurance leaders to attain their strategic objectives and prudently manage key risks. You will be ensuring that Operational Risk Management programs are implemented efficiently and effectively within Insurance. You will provide thought leadership in the areas of risk identification, risk assessment, control testing and issue management.

What will you do?

•Provide operational risk support and leadership to RBC Insurance businesses, to enhance their ability to monitor and manage risks effectively

•As the 1st Line of Defense, implement and execute Operational Risk Management programs within RBC Insurance

•Work with business and functional partners to proactively identify, measure and analyze operational risks and to help risk owners identify effective mitigation strategies

•Lead operational risk assessment activities and provide expert feedback on the impact of business processes, products, major process improvement and transformational initiatives

•Prepare quarterly operational risk reports for senior management

•Review Operational Risk Events including root cause analysis, and determine if associated risks and controls are recorded

•Lead the overall strategy, direction, maintenance and administration of select Operational Risk Management programs within RBC Insurance

•Support Risk Management team with ongoing initiatives

What do you need to succeed?

Must-have

•8+ years of relevant risk management experience in a related field of study or an equivalent combination of education and experience

•At least one of: audit / risk management / process excellence expertise or equivalent

•Strong knowledge of insurance business / experience in a financial services organization

•A positive attitude and proven track record in learning new skills and technologies with the ability to work independently in an ambiguous environment

•Strong communication, critical thinking, negotiation, relationship management and project management skills

•Expert knowledge with operational processes

•Strong stakeholder management and relationship building skills

•Proven leadership experience at a senior management level, with a proven track record of building strong relationships across business functions

Nice-to-have

•Professional qualification (CA / CPA / MBA or equivalent)

•Bilingual in French and English is an asset

What’s in it for you?

•A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation and stock where applicable

•Leaders who support your development through coaching and managing opportunities

•Ability to make a difference and lasting impact

•Work in a dynamic, collaborative, progressive, and high-performing team

RBC is an organization that succeeds by bringing out the best in its people. You’ll be part of a supportive, inclusive team that shares common values – including a fundamental respect for each other. At the heart of this is a commitment to diversity. RBC respects and responds to the many competing and evolving priorities in our lives – so you can focus on what you can do best – putting clients first.

Job Skills

Additional Job Details

Address:

MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGA

City:

Mississauga

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

INSURANCE

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-12-03

Application Deadline:

2026-01-03

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate's experience, skills, registration status, performance, individual goals, market conditions, and business needs.

Pay Range

The expected pay range for this position is:

$80,000.00 - $140,000.00

The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay rage for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable.

You have the potential to earn RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided that business meets its performance targets and you meet your individual goals.

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.

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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.