Associate Director, US Risk Governance & Reporting

Royal Bank of Canada•Jersey City, NJ

3d•Onsite

About The Position

This role is part of the Group Risk Management – U.S. Risk Governance & Reporting team within Enterprise Risk. The Associate Director will be responsible for managing risk reporting to the RIHC Board and its committees. The Associate Director will provide a key role in ensuring risk reporting to the RIHC Board is in accordance with regulatory expectations and industry best practices.

Requirements

Bachelor’s degree in business, Finance, Law or other related fields.
5 + years previous experience work in a Risk Management role in a Financial Services organization.
5+ years of experience in reporting as well general knowledge within key risk disciplines e.g. enterprise, financial (market, credit, liquidity) or non-financial.
Strong organizational awareness, analytical thinking and attention to detail, solid knowledge of risk management and/or governance standards & processes (management and/or board level).
Solid communication skills (both written and oral) and strong diplomatic and interpersonal skills to communicate with multiple stakeholders including senior management.
Ability to manage well under pressure and tight deadlines; works well with changing priorities in a dynamic small team environment.
In-depth knowledge of MS Office (PowerPoint, Excel and Word).

Nice To Haves

Master’s degree in business, Finance, Law or other related fields or Risk Management certification (e.g. FRM)
Prior work developing processes and controls related to Heightened Standards or Reg YY will be prioritized.

Responsibilities

Leads the preparation and coordination of reports presented by the U.S. Chief Risk Officer including the quarterly US CRO/ERR report to the Risk Committee of the RIHC Board, US Executive Committee report, and reports prepared for meetings with regulatory bodies
Work in collaboration with Risk Contributors and other ERM Program Owners to ensure messaging is clear, and reporting is accurate and sufficient
Provides effective challenge on all risk materials prior to presentation to the RIHC Board and its Committees
Prepares speaking notes for the CRO for the reporting cadence.
Works with the CUSO Risk Management Committee secretary to ensure proper coordination and escalation of materials to the Board
Works closely with the Subsidiary Governance Office to set and manage the Risk Committee agenda.
Provides input on the annual refresh of the Risk Committee mandate as required
Interact and communicate with senior management to identify key topics of interest to Risk Committee of the Board including Education sessions, Deep Dives and Risk Lens
Builds strong relationships with risk counterparts including RBC Enterprise, CUSO and RIHC legal entities, promoting alignment and consistency of risk reporting
Keeps abreast of regulatory developments, industry best practices and leading trends in governance practices.
Responds to regulatory, Internal Audit and external survey requests as required (e.g. Federal Reserve, OCC, DTCC etc.)
As priorities shift within the department, ad-hoc assignments will inevitably occur, and resources are expected to be allocated as needed

Benefits

bonuses
flexible benefits
competitive compensation
commissions
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
Opportunities to do challenging work
Opportunities to building close relationships with clients