RBC

Manager, Operational Risk

RBC

full-time

Posted on:

Location Type: Hybrid

Location: London • United Kingdom

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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 & Tools
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