Directs the identification and measurement of organizational, physical and financial risk; implements programs and business processes to minimize risk. Manages a team of directors, senior managers, and managers by providing financial and people resource guidance.

What is the opportunity?
This role is ideal for the experienced Operational Risk professional who would like to take a leadership role, in the evolution of the capability across RBC.

Reporting to the VP Operational Risk Shared Services, you will lead a multi-skilled team of risk management professionals to translate our strategic vision into an executable ORM program roadmap.

You will work collaboratively with partners from all lines of defense, across all non-financial risk categories to ensure the ORM program embeds both industry best practices and regulatory expectations and encourages the required risk management behaviours / culture.

You will also lead the continued maturing of Operational Risk Capital and Stress Testing practices.

What will you do?

• Oversee the development and ongoing maintenance of the operational risk program, associated tools and methodology in a manner that considers both internal and external best practices as well as RBC’s operational resiliency.
• Develop and set the vision for the operational risk programs supporting RBC’s Operational Risk Management strategy with a focus on Internal & External Events, Scenarios, Change, and Non-Financial Risk Appetite practices.
• Cultivate a deep and broad relationship network across OR and RBC both to inform the design of initiatives but also to act as a culture carrier – embodying the OR transformation vision.
• Provide leadership over execution of Operational Risk Stress Testing and Capital Practices.
• Provide expert advice on operational risk, leveraging insights from operational risk reporting and analytics, independent reviews and industry perspective to ensure RBC’s operational risk program maintains a forward-looking view that considers both managed and emerging risks.
• Act as a strategic advisor to the Operational Risk Senior Management Team
• Lead a team of operational risk professionals and drive a culture of integrity and behaviors that align to RBC’s Code of Conduct and professional standards.

What do you need to succeed?

Must-have

• At least 15 years’ experience in risk management, deep knowledge of banking regulatory requirements and best practices related to risk management practices globally
• Expert in risk management methodologies
• Highly proficient in stakeholder management, change management, strategy development, people management
• Experience leading a large and/or complex global or cross-functional teams
• Demonstrated ability to build sustainable, trusted relationships in a matrixed organization
• Excellent leadership and influencing skills

Nice-to-have

• Stress Testing or Capital experience
• Direct operational risk management experience

What’s 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 and competitive compensation
• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work

Job Skills

Decision Making, Financial Risk Management (FRM), Information Security Management, Operational Delivery, Risk Management, Security Management, Strategic Thinking

Additional Job Details

20 KING ST W:TORONTOTORONTOCanada37.5Full timeGROUP RISK MANAGEMENTRegularSalaried2025-07-102025-07-21

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.