Senior Director, Vendor IT Risk Management (Global Security)

RBC•Toronto, ON

1d•Onsite

About The Position

The Senior Director, Vendor IT Risk Management (Global Security) is a strategic leadership position responsible for driving the management and evolution of core third party IT risk practices at RBC. This role sits within the Global Cyber Security (GCS) Global IT Risk team and focuses on identifying, assessing, and advising on risks resulting from RBC’s third-party supply chain management engagements, considering safety, soundness, resiliency, risk, and compliance to RBC practices, policies, and guidelines. As Senior Director, you will lead a team of direct reports and indirect reports and manage the enterprise-wide third-party supply chain management assessment program that covers all technology-related supplier engagements across RBC. You will serve as a subject matter expert in third party supply chain management risk and partner with other RBC risk teams, senior leadership, and staff to drive change and effectively manage risks in an open, collaborative environment to further mature the business risk culture. The is responsible for transforming third party IT Risk practices to be more proactive, leveraging new technologies including Artificial Intelligence to enhance third party IT risk due diligence capabilities and increase coverage of suppliers while gaining insights to ensure risks are effectively identified.

Requirements

10+ years of experience in cyber security/third party IT risk with demonstrated progression to senior management roles, highly skilled at managing vendor/supplier relationships and service delivery partnerships
Highly skilled at navigating complex risk trade-offs—including vendor criticality assessment, data availability challenges, model risk, and control adequacy determinations—while balancing risk protection with business enablement
10+ years of cyber security, data protection, operational resilience, and technology governance
10+ years executing transformation initiatives that evolve third-party supply chain management practices from reactive to proactive models. With experience implementing AI and advanced analytics in risk management, to enable teams through technological and process innovation while sustaining operational excellence
10+ years of experience conducting SOC reviews and comprehensive IT risk assessments for mergers and acquisitions, with demonstrated ability to evaluate technology risks, integration challenges, and control environments while providing strategic guidance to risk owners on control effectiveness and risk implications
10+ years of experience developing third-party risk presentations, KRIs, KPIs, and risk summaries for senior management and Board committees, with proven ability to translate complex risk data into actionable intelligence for executive stakeholders
Deep experience with Cyber Security Frameworks - NIST, ISO 27001, with comprehensive knowledge of third-party risk assessment methodologies, control frameworks, and industry standards
Exceptional ability to influence and collaborate with senior leaders, business partners, and external stakeholders

Nice To Haves

ISACA approved certifications together with other cyber security bodies or technical qualifications (CISSP preferred)
Experience with AI implementation in risk management domains
Advanced education in business, risk management, technology, or related field

Responsibilities

Participate in contract reviews to ensure appropriate IT risk-related clauses exist that support the organization’s right to review/audit the security practices of its third parties
Participate in SOC (Qualified Opinion) reviews as required and provide appropriate guidance to risk owners on control effectiveness and risk implications
Complete comprehensive IT risk assessments for mergers and acquisitions, evaluating technology risks, integration challenges, and control environments
Define and advance third-party risk management maturity across the enterprise, establishing centralized standards while adapting to emerging risks and evolving organizational capabilities
Assist with the creation of third-party presentations, KRIs, KPIs and associated materials, and risk summaries for senior management and Board committees
Lead the enterprise-wide third-party control assessment program for all technology-related supplier engagements across RBC
Establish and maintain standardized assessment frameworks covering cybersecurity, data protection, operational resilience, and technology governance domains
Provide strategic third-party supply chain management advisory support to internal Supplier Management Offices across all business units and functions
Develop risk guidance, best practices, and decision-making frameworks that enable SMOs to make informed supplier selection and management decisions
Partner with SMOs on contract negotiations to ensure appropriate risk management clauses and control requirements are incorporated
Leverage Artificial Intelligence and advanced analytics to increase supplier coverage, automate risk scoring, and generate predictive insights
Design and deploy data-driven risk identification capabilities that enable proactive risk management and early warning systems
Manage complex stakeholder relationships across business units, including Procurement, GCS Teams, GRM Cyber and Technology Risk, Compliance, Legal, Privacy, BCM, Third Party Risk, SMO, and Lines of Business
Provide support, expertise, feedback, coaching, and development to build the capability of more junior staff, and promote a mindset for sustained success, growth, and diversity within the team

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 take on progressively greater accountabilities
Access to a variety of job opportunities across business