Senior Director, AI Risk Governance & Reporting

RBC • Toronto, ON

5d • Onsite

About The Position

The Senior Director, AI Risk Governance and Reporting is responsible for defining and embedding AI risk accountability across Royal Bank of Canada, ensuring consistent governance, risk management, and regulatory compliance across all business units, functions, Technology & Operations, and the AI Group. This role is critical to establishing clear standards, guardrails, and decision-making forums that enable the organization to scale AI safely, responsibly, and in compliance with regulatory requirements while maintaining alignment with RBC's risk appetite.

Requirements

• Undergrad in finance, computer science or engineering
• Experience working in financial services
• Experience in risk management or control office
• Risk Expertise: Deep understanding of enterprise risk management frameworks, governance structures, and regulatory landscapes
• IT & Technology Risk Expertise: Deep knowledge and experience in IT risk management within banking environments
• Strategic Vision: Ability to translate complex risk concepts into actionable risk management practices
• Enterprise Perspective: Strong capability to build and drive enterprise-wide frameworks that align multiple stakeholders
• Leadership & Influence: Proven ability to influence senior leaders and drive organizational change
• Communication: Excellent written and verbal communication skills to articulate risk concepts to executive and technical audiences
• Collaboration: Strong stakeholder management skills and ability to work effectively across disciplines and organizations
• Regulatory Acumen: Knowledge of financial services regulations and evolving AI-specific regulatory requirements

Nice To Haves

• Experience in working with cloud security and AI preferred, but not required

Responsibilities

• Define enterprise-wide AI risk accountability mechanisms, develop comprehensive governance frameworks, and establish clear risk standards and guardrails that embed risk ownership at all organizational levels across business units, functions, Technology & Operations, and the AI Group.
• Enable business segments and functions to own and manage AI deployment risks while maintaining transparent communication of AI risk responsibilities to senior leadership across the enterprise.
• Create and oversee governance structures with senior leaders that facilitate cross-functional collaboration and decision-making on AI risk matters, with visibility on escalation, mitigation, and strategic trade-offs.
• Foster a risk-aware decision-making culture that actively enables business growth and innovation while maintaining transparency across the organization.
• Develop dashboards, metrics, and reporting tools that provide transparency on RBC's AI risk profile and communicate AI risk exposure to management and the Board.
• Ensure risk reporting reflects key risk indicators, emerging risks, control effectiveness, and regularly communicates management's actions to maintain the organization's risk profile within established risk appetite.
• Direct the team responsible for audit preparation, regulatory compliance, and examination support, ensuring timely and thorough responses to audit findings and regulatory inquiries related to AI risk management.
• Collaborate with Internal Audit, Compliance, and external regulators to demonstrate effective AI risk governance and maintain regulatory alignment.
• Lead the AI risk governance team, foster a culture of risk ownership and accountability, and support team development through coaching and managing growth opportunities.
• Deliver strategic guidance on AI risk governance and management topics to senior leaders across the enterprise.
• Operationalize AI risk governance through partnerships with business units, functions, Technology & Operations, Risk, Compliance, and Internal Audit to ensure integrated risk management approaches.
• Engage with external regulators and industry peers on evolving AI risk expectations, and serve as a strategic advisor to senior leaders on emerging AI risks and mitigation strategies.

Benefits

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock options where applicable

What This Job Offers

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