Director Operational Risk (Global Security)

RBC•Toronto, ON

2d•Onsite

About The Position

The Operational Risk Governance team is undertaking multiple complex enterprise-wide initiatives as part of RBC's ongoing plan to improve risk management controls and governance framework across the organization. In this role you will be responsible for strategically planning and managing successful implementation of risk mitigation strategies and compliance oversight.

Requirements

Deep Understanding of Regulatory & Compliance Framework
Comprehensive knowledge of banking regulations (OSFI, FINTRAC, Basel III, etc.) and ability to translate requirements into actionable governance policies
Familiarity with RBC's risk appetite statement and how to operationalize it across the organization
Strong Analytical & Risk Assessment Skills
Ability to identify, quantify, and prioritize operational risks across complex business environments
Proficiency in risk modeling, scenario analysis, and data-driven decision-making
Cross-Functional Leadership & Stakeholder Management
Capability to influence and coordinate across business units, compliance, audit, and executive leadership without direct authority
Excellent communication skills to translate complex risk concepts for diverse audiences (board-level to operational teams)
Control Design & Implementation Expertise
Experience designing, implementing, and testing internal control frameworks
Ability to balance risk mitigation with operational efficiency and business objectives
Change Management & Adaptability
Strong project management skills to execute enterprise-wide initiatives on schedule
Comfort operating in a dynamic regulatory environment and adjusting governance strategies as risks and regulations evolve
Resilience in managing competing priorities and stakeholder expectations

Nice To Haves

Advanced Technology & Data Analytics Proficiency
Experience with risk management platforms, dashboards, and business intelligence tools
Familiarity with automation and AI-driven risk monitoring to enhance efficiency and real-time visibility
Industry-Specific Experience in Financial Services
Background in banking, insurance, or other regulated financial institutions
Understanding of RBC's specific business model, products, and inherent risk exposures
Certification or Advanced Credentials in Risk Management
Professional certifications such as FRM (Financial Risk Manager), CRMP (Certified Risk Management Professional), CRISC or equivalent
Advanced education in finance, risk management, or governance disciplines

Responsibilities

Designing and implementing frameworks to identify, assess, and monitor operational risks across business units
Establishing and maintaining robust internal controls aligned with regulatory requirements and RBC's risk appetite
Leading cross-functional teams to ensure adherence to operational risk policies and procedures
Ensuring alignment with banking regulations (OSFI, FINTRAC, etc.) and internal governance standards
Coordinating response protocols and remediation strategies for operational risk events
Communicating risk insights and governance updates to senior management and business leaders

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
A world-class training program in financial services
Flexible work/life balance options
Opportunities to do challenging work