RBC

Manager, Operational Risk

RBC

full-time

Posted on:

Location Type: Hybrid

Location: London • 🇬🇧 United Kingdom

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Job Level

Mid-LevelSenior

About the role

  • Work closely with Senior Managers to ensure that RBC standards and requirements are met
  • Manage a team of analysts to assist in partnering with key stakeholders to deliver the operational risk framework across WME
  • Using standardized thematic reporting, you will provide key stakeholders with insights into how the control environment can be strengthened
  • Operational Risk Events (OREs) – support key stakeholders in identifying, raising, and analyzing OREs, identifying common themes, and clearly articulating root cause and next steps
  • Issues Management – support key stakeholders in complying with RBC Enterprise Issue Management standard
  • Perform quality assurance checks on all new issues and actions to ensure problem statements are adequately documented, actions adequately address the problem statement
  • Ensure evidence for action closure is adequate and adequately addresses the control gaps captured in the problem statement
  • Change Management – support key stakeholders in performing risk profiles for change initiatives
  • Ensure risks are adequately rated, controls are identified, and where gaps exist, issues are raised to ensure adequate control implementation
  • Capture control additions, changes, retirements in the RCSA
  • Support the annual RCSA cycle – under guidance from the RCSA lead, execute the roll-out of the RCSA process to business partners, ensuring that risks are appropriately documented, controls identified to mitigate the risks, and issues raised where there is a gap in controls
  • Support the annual WME Risk Appetite Refresh cycle, ensuring delivery of an insightful set of metrics that adequately support the business in preventing and detecting key operational risks
  • Contribute to WME Quarterly Risk Reporting, KRI reporting, deep dive and thematic risk reviews and periodical reporting
  • Liaise with the wide team, 2LoD and central reporting team on collating, validating and analysing data
  • Drive the continuous improvement effort by proactively identifying enhancement and/or optimization opportunities within existing processes
  • Looks within and outside RBC for best practices in supporting enhanced risk management and thematic analysis
  • Keeps abreast of the RBC framework changes and industry benchmarks; and integrating learnings into business practice
  • Contribute to and drive team efforts to impact, influence and drive a standardised/best-in-class approach to operational risk management, prioritising consistency, efficiency and reusability
  • Build and maintain employee value proposition, position group as a premier career choice for talent
  • Develop junior staff members to create a talent pool for WME through coaching, development and thought leadership

Requirements

  • Must-have Proven Relationship Management / Business Development skills
  • Strong experience in risk management practices, including RCSA, Risk Issue Management, Operational Risk Event Management, Risk Reporting, Risk Appetite, and Key Risk Indicator's (KRI's), and risk thematic reviews
  • Understanding of Enterprise Risk and Operational Risk Frameworks
  • Capable of managing multiple responsibilities, meeting tight deadlines and ability to work under pressure
  • Financial / Data Orientation
  • Nice to have CISI, ICA, IRM Certification, Risk Management or Accountancy qualifications
Benefits
  • Leaders who support your development through coaching and managing opportunities
  • Opportunities to work with the best in the field
  • Ability to make a difference and lasting impact
  • Work in a dynamic, collaborative, progressive, and high-performing team

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
risk managementRCSARisk Issue ManagementOperational Risk Event ManagementRisk ReportingRisk AppetiteKey Risk Indicatorsthematic reviewsquality assurancechange management
Soft skills
relationship managementbusiness developmentteam managementcoachingdevelopmentthought leadershipcommunicationorganizational skillsproblem-solvingability to work under pressure
Certifications
CISIICAIRM CertificationRisk Management qualificationsAccountancy qualifications