Senior Manager, Risk Management – Policy and Standards

What is the opportunity

Develop a strategy and implementation execution for RBC Insurance to meet all of the requirements in each of the Operational Risk Policies/Standards Create Shared Services for Procedures and document associated controls in Archer.

What will you do

Develop an approach to assess existing practices against all requirements within the Enterprise Standard for Operational Risk standards for Operational Risk (e.g. scenario analysis enterprise issue management internal control management etc.)

Document an action plan for creation and implementation for Shared Services policies and procedures.

Based on the current state assessment develop an Insurance strategy to comply with all requirements in the Enterprise Standard for all associated Standards exploring options in terms of roles and responsibilities; timelines; governance practices including procedures controls and control testing; committees; communication plan

Based on the implementation plan lead the development and implementation of all required practices including developing/updating all associated Procedures embedding responsibilities across the different stakeholder groups establishing and documenting controls (in Archer) to assess design and ongoing operating effectiveness of processes

At the end of the secondment determine if any self-identified issues are to be raised where there are known gaps in complying with any associated standards; and with the Director Risk Management Sales and Product to determine a transition approach including for any incomplete work items

What will you need to succeed

Must Have:

At least 5 to 10 years in a financial services organization

A solid understanding of risk management

Experience developing policies and procedures in a regulatory environment

Risk management experience in at least one of: operational risk third party risk business continuity management information technology risk

A strong knowledge of insurance business

Nice to Have:

Experience leading the development of a strategy/program in risk or regulatory

University graduate preferred

Good communication facilitation and influence skills

Strong problem solving analytical research and qualitative analysis skills

Able to take a high level strategic view of business and assess practices develop recommendations

Work independently and as a team player in a fast paced environment with a fixed time horizon

Special Conditions

Please note this is a 12 month contract.

Whats in it for you

Competitive pay and high-earning potential

All the tools training and team support you need to grow your career

Flexible work/life balance options

RBCI software tools to boost your productivity

RBC is an organization that succeeds by bringing out the best in its people. Youll be part of a supportive inclusive team that shares common values including a fundamental respect for each other. At the heart of this is a commitment to diversity. RBC respects and responds to the many competing and evolving priorities in our lives so you can focus on what you can do best putting clients first.

Job Skills

Additional Job Details

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best effectively collaborate drive innovation and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect belonging and opportunity for all.