Strategic Risk Lead

Job Description

What is the opportunity?

This position, in the Second Line of Defense (2nd LOD), will be responsible for supporting the development and execution of City National Bank's (CNB's) Reputation and Strategic Risk Management program. Responsibilities include performing effective challenge and second oversight of the strategic planning process; developing and maintaining CNB's Strategic Risk Appetite and associated metrics; participating in the risk identification process and conducting second line challenge of new products and initiatives and providing oversight of Strategic Risk Issues and Controls. Performs other duties/projects as needed.

What will you do?

• Perform effective challenge and second oversight of the strategic planning process, including the bank's annual strategic plan and periodic reviews.  Partner with Corporate Strategy, Risk Categories, and first line to drive robust risk assessments, metrics and reporting on the Bank's most important priorities.
• Develop and maintain Strategic Risk Appetite and associated metrics
• Participate in the risk identification process and conduct second line challenge of new products and initiatives
• Collaborate with other CNB functions to conduct capital planning and stress testing exercises
• Provide oversight of Strategic Risk Issues and Controls
• Coordinate with external banking partners, Royal Bank of Canada (RBC) and other managed affiliates to fulfill regulatory reporting requirements
• Report on emerging areas of risk and implications to Strategic risk appetite and tolerance
• Collaborate with and support other Enterprise Risk Management functions as needed
• Promote a risk-aware culture, ensure efficient and effective risk and compliance management practices by adhering to required standards and processes

What do you need to succeed?

 Must-have

• Undergraduate degree
• Minimum 8-10 years of experience in banking or consulting
• Minimum 5 years of experience in risk management or corporate strategy

Nice-to-have

• Master's preferred
• Knowledge of risk management methodologies and financial industry regulations
• Experience in Credit, Market and/or Liquidity Risk preferred
• Demonstrated ability to design, develop and produce reporting for senior management
• Demonstrated ability to think critically and facilitate change through collaborative effort
• Strong interpersonal, verbal, and written communication skills
• Self-motivation, discipline, task focus, the ability to structure and present work and a
• proven record of delivering high quality results within strict deadlines

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.

• A comprehensive Total Rewards Program including bonuses and flexible benefits
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in an agile, collaborative, progressive, and high-performing team

Job Skills

Additional Job Details

Address:

City:

Country:

Work hours/week:

Employment Type:

Platform:

Job Type:

Pay Type:

Posted Date:

Application Deadline:

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