Associate Director, Operational Risk

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City : Toronto

Category : Banking

Industry : Banking

Employer : RBC

What is the opportunity?

The Associate Director is responsible for providing independent and objective oversight of Operational Risk (OR) management for the businesses within Investor & Treasury services. The primary purpose is to support the Director & Senior Director to ensure operational risk profiles for each business have been established, kept current and demonstrate fair and accurate representation of operational risk exposure.

You will work closely with the Director & Senior Director to support the implementation of the OR framework and risk management practices across the platform.

What will you do?

  • Execute and provide recommendation on policies, process and tools for multiple risk management programs
  • Initiate and lead research into areas of perceived elevated or emerging operational risk
  • Investigate large loss events/incidents to assess potential systemic weakness and ensure appropriate corrective action
  • Partner with 1st Line-of-Defense (1LOD) on execution and effectiveness of ORM programs
  • Provide subject matter expertise to colleagues and management on managing operational risk policies and procedures
  • Support a strong culture of risk and integrity through effective challenge and deep partnership with the first line
  • Support Director in independent, thematic reviews and/or emerging risk assessment to increase awareness of risk exposures
  • Contribute to and gather information required to respond to regulator, supervisors and statutory bodies
  • Develop or leverage risk dashboards and metrics to identify trends and provide insights that contribute to an accurate profile of operational risk

What do you need to succeed?


  • 7+ years in combination of knowledge, skill and work experience in leading operational risk practices, audit or compliance functions within financial services. Risk Management experience within First or Second lines of defense
  • Graduate degree with designation associate with risk management
  • Ability to work in a team environment, building and maintaining a network of contacts and coordinating with a large number of stakeholders
  • Confidence to take ideas forward and to challenge others
  • Strong research skills – industry trends, events, etc.

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, competitive compensation
  • Ability to make a difference and lasting impact
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Opportunities to take on progressively greater accountabilities



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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

City:  Toronto 
Address:  20 King St WEST 
Work Hours/Week:  37.5 
Work Environment:  Office 
Employment Type:  Permanent 
Career Level:  Experienced Hire/Professional 
Pay Type:  Salary + Variable Bonus 
Required Travel (%):  0 
Exempt/Non-Exempt:  N/A 
People Manager:  No 
Application Deadline:  04/09/2020 
Platform:  Group Risk Management 
Req ID:  238016
Ad Code(s):   



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