Senior Manager, CFO Group RCM Program

RBC • Toronto, ON

2d • Onsite

About The Position

The Chief Control Office, reporting into RBC’s CFO Group, oversees key risk management programs including Operational Risk, Culture and Conduct Risk, SOX Compliance, and Regulatory Compliance Management (RCM). The team is responsible for the design and execution of these programs, supporting CFO Group objectives by improving risk management, controls, and governance processes that impact the CFO Group and all of RBC. The Senior Manager, Regulatory Compliance Management will support the Director, Regulatory Compliance Management in leading the CFO Group’s RCM Program, managing the Functions Compliance Oversight and Business and Market Conduct and Privacy Risk Programs, and providing subject matter expertise on regulatory compliance and control matters.

Requirements

• 5+ years’ of relevant experience in regulatory compliance, risk management, or accounting/ finance
• Knowledge of the functions oversight/ reliance model in regulatory compliance
• Proven track record as a valued advisor with the ability to provide constructive challenge
• Demonstrated drive for impact and innovation
• Strong project & business execution skills
• Ability to work collaboratively across teams and stakeholders
• Organizational awareness with proven influence at senior levels
• Exceptional written and verbal communication skills (including executive-level communication)
• Commitment to developing self and others
• Ability to embrace and drive change

Nice To Haves

• CPA or equivalent accounting designation
• Strategic, with an enterprise-oriented mindset
• Experience in strategy development and process design for compliance programs
• Familiarity with RBC RCM Standards, policies, and frameworks
• Prior experience in 2nd Line Assurance roles (quality review, monitoring, oversight)

Responsibilities

• As a subject matter expert, lead in the design and maintenance of all RCM processes ensuring full alignment with all RBC RCM Standards and policies, documentation is current and accurate and tools and templates which comply with all components of the RBC RCM Program are available for all CFO Group members.
• Provide day-to-day oversight of regulatory requirements, impact assessments, controls, and risk assessments across all regional risk areas.
• Identify new risk areas and assist in embedding these into the RCM Program when appropriate.
• Interpret and provide guidance based on Enterprise Compliance requirements and the RCM Policy and Standards to all CFO Group teams globally.
• As the 2nd Line Assurance lead, design, implement and execute quality review, monitoring and oversight processes to ensure CFO Group processes, controls and documentation standards meet RBC expectations.
• Provide training on regulatory compliance management best practices to CFO Group risk areas.
• Collaborate with partners across the CFO Group, Enterprise Compliance and other RBC Functional teams to interpret program requirements and local jurisdictional differences, share best practices and identify and evaluate relevant risks and controls.
• Leverage specialized subject matter expertise to ensure the team provides timely, cost effective and innovative solutions to help improve risk management processes, procedures and controls.
• Advise CFO Senior Leaders on significant or pervasive areas of emerging regulatory compliance risk and/or issues.
• Identify root causes, assess implications and recommend and track corrective actions.
• Incorporate new CFO Group teams into the RCM Program.
• Assess the impact of new policy and standard requirements on the CFO Group program, processes and controls.

Benefits

• A comprehensive Total Rewards Program including bonuses and flexible benefits
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in an agile, collaborative, progressive, and high-performing team
• The opportunity to interface with executives from many different parts of the organization

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees