Risk Director
6 days ago
Opportunity Overview
This role is part of the U.S. Risk Office and will be responsible for directing and managing the risk reporting to the RBC US Group Holdings LLC (RIHC) Board and its Committees, and the governance of RBC's Combined U.S. Operations (CUSO) Risk Management Committee, chaired by the U.S. Chief Risk Officer.
Key Responsibilities
- Directs and manages all aspects of CUSO RMC and board-related activities involving GRM, including: the agenda for, frequency of, and preparation for committee meetings; the quality, quantity and timeliness of the information that goes to the committee, including ensuring presentation guidelines are met; the time is sufficiently allocated during committee meetings for effective discussion of agenda items and key issues and concerns; and the mandate and the effectiveness of each committee is assessed, and improvements are implemented as required.
- Manages the CUSO risk management committee structure; ensuring appropriate governance over updates
- Ensures escalation procedures and governance practices of CUSO's risk management committees are consistent and in line with regulatory expectations and best practices
- Builds strong relationships with risk counterparts including RBC Enterprise, CUSO and RIHC legal entities, promoting alignment and consistency in risk reporting and governance.
- Keeps abreast of regulatory developments, industry best practices and leading trends in governance practices.
- Responds to regulatory, Internal Audit and external survey requests as required (e.g. Federal Reserve, OCC, DTCC etc.)
- Manage 2 FTEs, mentorship of junior members across the GRM platform, set goals, prioritize deliverables and assess performance across the department, create development plans for staff to broaden their knowledge base across processes, risk disciplines and regulatory requirements
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