Operational Risk Fraud Oversight Manager

WHAT IS THE OPPORTUNITY?

Join our dynamic team in Operational Risk Management (ORM), where we provide independent oversight of risks arising from our business processes, people, systems, and external events. As the Fraud Oversight Manager, you will collaborate with the Enterprise Risk Manager for Fraud and Payment Systems to monitor and enhance operational risk programs across assigned business units. This role will involve assessing and reporting on critical operational risk information, offering valuable insights that strengthen our risk management framework.

WHAT WILL YOU DO?

• Collaborate with business units to establish a comprehensive understanding of the bank’s risk profile and risk appetite.
• Review and assess operational risk practices to ensure alignment with our operational risk framework and policies.
• Identify and understand existing and emerging risks within assigned business units to maintain adherence to risk appetite.
• Evaluate risk monitoring, reporting, and control management activities to ensure effective compliance with operational risk governance.
• Challenge and review new business initiatives and risk acceptances to ensure complete risk assessments.
• Engage in proactive oversight of regulatory compliance and issue management processes.
• Lead the preparation of status reports and performance metrics for ORM reporting to management and committees.
• Stay updated on regulatory trends impacting operational risk management practices.
• Act as an advisor to business units regarding ORM frameworks, ensuring successful implementation and adherence to policies.
• Foster strong relationships across departments to identify, analyze, and manage operational risk opportunities effectively.
• Contribute to talent development through mentoring and training initiatives.

WHAT DO YOU NEED TO SUCCEED?

ADDITIONAL QUALIFICATIONS

WHAT'S IN IT FOR YOU?

Compensation : Starting base salary ranges from $99,000 to $176,000, depending on skills, experience, and location. This position is eligible for bonuses.

Benefits and Perks : We offer comprehensive healthcare, generous 401(k) contributions, career development opportunities, valuable time-off benefits, and specialized health programs.

ABOUT US : City National Bank, founded in 1954, is committed to helping clients and communities thrive. As part of the Royal Bank of Canada, we are dedicated to maintaining an inclusive and diverse workforce.

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT : City National Bank is an equal opportunity employer; all qualified applicants will be considered without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, or veteran status.