Senior Director, Emerging Risk and Portfolio Management

RBC•Toronto, ON

1d•Onsite

About The Position

The Portfolio and Emerging Risk Management (PERM) oversees the identification, assessment, prioritization, and monitoring of emerging risks, helping to ensure the effectiveness of RBC’s overall emerging risk management process. The team delivers critical insights to help risk managers and business partners make informed risk and strategic decisions in a changing world. As Senior Director, Portfolio and Emerging Risk Management (PERM), you will lead the team responsible for the aforementioned activities.

Requirements

15+ years of relevant work experience in the financial industry
Exceptional analytical skills with the ability to interpret complex global issues.
A strategic mindset, with a focus on linking geopolitical analysis to business and economic outcomes.
Ability to confidently communicate emerging risk impacts in clear and compelling ways.
Excellent verbal and written communication to variety of audiences, including the Board of Directors and senior risk and business executives.
Demonstrated excellence in cross-functional collaboration and stakeholder management.
Strong organizational awareness and ability to navigate complex matrix structures.
Ability to meet consistently high standards of quality while handling a variety of projects and deadlines simultaneously.
Highly adaptable with the ability to prioritize competing requests in a fast-paced environment.
Able to embrace change and to demonstrate diplomacy, professionalism and a positive attitude
Ability to impact and influence and coordinate across teams to drive change
Prior experience in Compliance, Risk, or Operations
Undergrad level degree in business, finance, economics, law, accounting, or similar discipline

Nice To Haves

Prior experience in international relations, geopolitics, economics, or a related field—ideally with a blend of private sector, government, or think tank exposure.
Skills and experience building and maintaining relationships with external stakeholders
Consulting experience
Familiarity with RBC's existing risk frameworks
Digitally savvy, with a grasp on the evolving digital media trends
MBA or master's degree in public policy, international affairs or global affairs
CFA, CPA, FRM or similar professional designations.

Responsibilities

Identify top and emerging risks
Lead annual enterprise risk identification process
Help drive consistency with localized risk identification processes
Serve as an emerging risk thought leader for RBC.
Conduct emerging risk surveys to provide additional data points on what internal risk leaders are concerned about, and use these insights to help prioritize emerging risk focus areas.
Perform horizon scanning to stay on top of change risk landscape.
Attend conferences, seminars, and industry events related to emerging risks.
Source new ideas and guests to present at senior leadership forums.
Provide timely briefing material on key emerging risks and trends (including, but not limited to, technological, regulatory, policy, economic, demographic, and geopolitical shifts).
Perform "deep dives" and “spotlights” on key emerging risks that feed into senior management reporting and board reporting.
Use strong understanding of RBC’s businesses and risks to determine the impact that emerging risks may have on RBC’s portfolio (qualitative, and quantitative, as appropriate).
Lead conversations via tabletop exercises, and other forums to better understand the impacts emerging risks could have across the organization, and aid in ensuring organization is prepared.
Leverage teams’ data and analytics capabilities to inform internal risk and business leaders of RBC’s standing in relation to a specific area or topic. This includes regular activities, as well as ad-hoc analysis. The analysis is generally performed with an enterprise-level lens.
Continue to push for insights beyond what is available via news feeds, and external research reports.
Use data, analytics, and AI capabilities to assist in building early indicators and deriving new portfolio insights using RBC data assets.
Support further integration of Emerging Risks into RBC’s Risk Framework through enhanced communication and socialization of RBC’s Emerging Risks with business and risk partners (both first and second line).
Work strategically with key internal RBC partners and collaborate with cross functional teams.
Develop a communication strategy and plan for socializing emerging risks. The aim is to inform, engage and inspire action.