Sr Manager, Compensation Risk Management

What is the Opportunity

Responsible for multiple oversight activities including working with Audit Risk and Compliance to ensure our controls and risk management practices are in line with best practices. We are seeking a versatile candidate who thrives in a changing environment and is looking to make an impact in the organization.

What will you do

Executive Reporting

• Maintain a global list of covered employees to be presented at the CUSO Conduct Risk Committee and the Enterprise Material Breach Committee and support the communication and dissemination regarding applicability of policies and procedures to their status as covered employees as needed.

• Lead the Year-End reporting cycle on Material Breaches and Compensation Adjustments

• Support preparation of compensation materials for the Compensation Sub-Group Compensation Risk Management Oversight Committee and Human Resources Committee; in addition prepare or support materials production for regional governance committees

• Assess requirements for annual reporting and proactively apply changes according to new regulations and enterprise standards

Risk and Controls

• Partner with Operational Risk to drive the Compensation work stream in the Regulatory Compliance Monitoring (RCM) and Operational Risk Management (ORM) programs to close gaps and findings and plan for emerging risks.

• Execute ownership of the Compensation Risk and Adjustment Process by consistently evaluating and updating procedures to ensure fair and consistent application of compensation adjustment mechanisms as well as to respond to an evolving regulatory environment.

Regulatory Oversight and Audit

• Lead the annual enterprise compensation audit coordination process acting as the hub for audit planning audit response and coordinating the resolution for audit issues and findings.

What do you need to succeed

Must-have:

• Undergraduate degree with 5-8 years progressive experience in HR risk compliance audit finance or regulatory

• Advanced technical skills in Microsoft suite (Word Excel PowerPoint etc.)

• Strong problem solving learning and organizational skills with the ability to handle multiple priorities and have strong attention to detail

• Strong appreciation for risk and controls to ensure compliance with enterprise and regulatory standards

• Collaborative approach and enjoy working in a team environment

Nice-to-have:

• Previous experience building and modifying Tableau dashboards

• Knowledge of financial services industry

• Knowledge of legal and regulatory issues with respect to compensation

Whats in it for you

We thrive on the challenge to be our best progressive thinking to keep growing and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other reaching our potential making a difference to our communities and achieving success that is mutual.

• A comprehensive Total Rewards Program including bonuses and flexible benefits competitive compensation commissions and 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 build close relationships with clients

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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.