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Regional IT Risk Manager
2 months ago
At Royal Bank of Canada, we are seeking a highly skilled Regional Information Technology Risk Officer to join our US IT Risk team. This role will play a critical part in providing a comprehensive view of IT Risk across our US business units, ensuring that appropriate controls are in place, and engaging with US regulators on continuous monitoring, exams, and remediation programs.
Key Responsibilities- Work with Business Unit IT Risk Leads to understand the risks within each business unit and how those risks collectively impact the US regional entity, with primary focus on oversight of the Technology & Cyber Incident and Recovery processes within the Cybersecurity domain.
- Function as IT Risk SME for Technology & Cyber Incident and Recovery processes to quantify risk exposures and develop mitigation strategies.
- Work with IT teams to ensure proper implementation of controls and compliance with policy standards related to backup and restore, disaster recovery, and incident management.
- Act as a lead to implement and improve internal controls, including assessment, reporting, metrics, monitoring, and testing to mitigate risk, including risk of inadequate resilience or inability to recover within agreed timelines.
- Establish heightened governance over Technology & Cyber Incident and Recovery-related findings through regular engagement with application teams and risk leads.
- Review scope, compensating controls, and overall remediation plan as well as any changes to existing findings, such as extended timeline requests.
- Develop action plans to address identified control breaches and deficiencies, completing root cause analysis and implementing processes to track, monitor, and report issues.
- Provide guidance on technology risk matters to senior leaders and stakeholders.
- Strengthen alignment across US business units and leverage best practices for Combined US Operations (CUSO) reporting.
- Identify key areas of risk and leading risk indicators.
- Conduct risk assessments to identify, evaluate, and prioritize potential risks.
- Drive control enhancements to improve the risk posture of the US region.
- Expand and enhance metrics reporting coverage for the CUSO.
- Contribute to CUSO Domain Risk Profile report.
- Create and present risk reports for senior management forums.
- Contribute to the development of Enterprise policies, standards, and metrics, ensuring alignment with US IT risk management requirements.
- Respond to regulatory inquiries and exams.
- Bachelor's degree
- Minimum 7-10 years of experience in IT Risk, preferably in large financial services firms, with knowledge of backup and restore, disaster recovery, and incident management processes and controls.
- Experience with backup and restore, disaster recovery, and incident management processes, including experience influencing governance and controls.
- Familiarity with US IT regulatory requirements is a plus (e.g., OCC Heightened Standards, FFIEC Handbooks)
- Certifications are a plus (e.g., CRISC, CISA, CISM, CISSP)
- Project Management skills are a plus
We offer a comprehensive Total Rewards Program, including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable. Our leaders support your development through coaching and managing opportunities, and you'll have the chance to make a difference and lasting impact in a dynamic, collaborative, progressive, and high-performing team.