Senior Analyst, Operational Risk

RBC • Minneapolis, MN

19h • $70,000 - $130,000 • Onsite

About The Position

As a Senior Analyst for Operational Risk, you will be responsible for executing RBC Wealth Management’s U.S. (WM-U.S.) operational risk management practices and initiatives in accordance with RBC’s Enterprise and business requirements. In this role, you will partner closely with a variety of partners across the business and lines of defense such as Compliance and Group Risk Management to ensure effective identification, documentation, and management of operational risks and control environments.

Requirements

• Bachelor's degree in finance, business, or related field (or equivalent experience)
• 5–7 years of experience in operational risk, compliance, or legal within wealth management or financial services
• Strong knowledge of leading operational risk practices, regulatory expectations, and control frameworks
• Excellent organizational, analytical, and problem-solving capabilities
• Skill and judgment to be able to deal effectively with and influence business partners, stakeholders, and senior management.
• Proven skill in handling conflict, strategic thinking and decision making in a time-sensitive environment, meticulous attention to detail and strong written and verbal communication skills.
• Action-oriented with ability to prioritize multiple competing tasks

Nice To Haves

• Quality assurance experience within the financial services industry.
• JD, MBA, or other advanced degree
• SIE; Series 7; Series 63/65 or 66; and Series 9/10 or Series 24
• US wealth management broker-dealer risk and/or compliance experience

Responsibilities

• Research and input Operational Risk Events (OREs), conducting root cause analyses as needed
• Gather and validate information provided by business to ensure compliance with Enterprise ORE Standard
• Escalate material OREs in accordance with the Enterprise ORE Standard and RBC Combined U.S. Operations (CUSO) Escalation Standard
• Develop and maintain business control inventory by identifying, documenting, and updating controls and control language in accordance with the Enterprise Internal Control Management Standard
• Act as a liaison between business and functional group partners throughout the control lifecycle
• Assist Control Owners and delegates with the completion of non-key control evaluations
• Identify, raise, and manage formal operational risk issues in accordance with Enterprise Issue Management Standard
• Monitor and track action plan completion to ensure timely resolution
• Partner with business and functional group stakeholders throughout the issue lifecycle in accordance with the Enterprise Issue Management Standard

Benefits

• competitive compensation
• flexible benefits
• 401(k) program with company-matching contributions
• health, dental, vision, life, disability insurance
• paid-time off
• 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 build close relationships with clients.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior