Senior Manager, Business Risk & Controls

Job Description

What is the opportunity?

The Sr. Manager, Operational and CUSO Risk Initiatives is responsible for developing, implementing, and sustaining the RBC Operational Risk Framework across RBC Global Asset Management-US (GAM-US), ensuring alignment with the Enterprise-wide Operational Risk Management (ORM) strategy to manage operational risk, articulate the operational risk profile and risk appetite, and enable improved decision-making that explicitly considers operational risk.

This position will also be responsible for the review and analysis of new and updated RBC Enterprise and Combined US Operations (CUSO) standards and policies, subsequently designing, implementing, and facilitating the execution of corresponding GAM-US programs in compliance with those standards and policies.

This role also guides ORM Framework within GAM-US by providing expertise, advice, and counsel to senior management, enhancing their ability to anticipate and manage operational risks effectively. Will oversee the adequacy and strength of the control environment throughout GAM-US, recommending management action to ensure the operational risk profile supports the achievement of business objectives.

These responsibilities will be accomplished with a collaborative mindset, promoting a strong culture of control awareness and risk mitigation, successfully executing change while remaining focused on business priorities.

What will you do?

• Identify key operational risk exposures within GAM-US and perform operational risk assessments in a coordinated manner with other groups and in accordance with RBC's Enterprise Operational Risk Management Framework and regulatory requirements.
• Perform control testing and monitoring to assess the effectiveness of risk management frameworks across GAM-US. Ensure business activities remain within the firm's risk appetite and regulatory obligations. Document, escalate, and track remediation of control deficiencies risk events.
• Assist in the evaluation of internal loss events, external events, other operational issues, and in the completion of scenario analyses.
• Coordinate of audits and remediation of any issues identified. Incumbents in this position are expected to operate with a high level of independence in forming conclusions and resolutions and to participate in a variety of projects and initiatives.
• Review and analyze new and updated Enterprise and CUSO standards and policies; design, implement, and facilitate the execution of corresponding programs for GAM-US.
• Lead and manage the projects and initiatives related to the changes under the new / updated standards and policies.
• Monitor Enterprise and CUSO standard and policy pipeline for new / updated standards and policies impacting GAM-US; create process for intake, analysis, sizing, project management, and change management for new / updated standards and policies.
• Develop new and enhance existing team processes and written procedures related to Enterprise and CUSO standard and policy requirements.
• Champion a culture of risk awareness and accountability across RBC.

What do you need to succeed?

Must-have

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.

The expected salary range for this position is $85,000-$125,000, depending on your experience, skills, and registration status, market conditions and business needs.

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

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that :

Job Skills

Communication, Financial Instruments, Fraud Risk Management, Long Term Planning, Operational Risks, Risk Control, Risk Management, Waterfall Model

Additional Job Details

Address :

250 NICOLLET MALL : MINNEAPOLIS

City : Minneapolis

Country :

United States of America

Work hours / week : 40

Employment Type : Full time

Platform : WEALTH MANAGEMENT

Job Type : Regular

Pay Type : Salaried

Posted Date : 2025-09-04

Application Deadline :

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

I nclusion 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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