Job Summary

Job Description

What is the Opportunity?

This role is part of Group Risk Management U.S. Governance & Risk Reporting team and is responsible for supporting RBC’s Combined US Operations (CUSO) Risk Management Committee, chaired by the U.

S. Chief Risk Officer. The Associate will play a key role in ensuring the operational effectiveness of CUSO RMC in accordance with regulatory expectations and industry best practices.

What will you do?

Provides key support for the CUSO RMC, including the following responsibilities :

Coordinates with other CUSO committee secretaries to ensure escalation procedures and corporate governance practices are consistent and in line with regulatory expectations and best practices

Works closely with the Risk Committee Reporting Lead to ensure risk issues identified at CUSO RMC are reported in the US CRO Report, and that risk materials to be presented to the Risk Committee follow the appropriate governance path.

Builds strong relationships with risk counterparts including RBC Enterprise, CUSO and RIHC legal entities, promoting alignment and consistency.

Interacts and communicates with senior management to identify key topics of interest to CUSO RMC

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.)

What do you need to succeed?

Required : Bachelor’s Degree in Business, Finance, Law or other related fields

5 years previous experience work in a Risk Management role in a Financial Services organization.

Strong organizational awareness, preferably with solid knowledge of risk management and / or governance standards & processes (management and / or board level)

General knowledge of key risk disciplines e.g., enterprise, market, counterparty credit, liquidity risk

Solid communication skills (both written and oral) and strong diplomatic and interpersonal skills to communicate with multiple stakeholders including senior management

Ability to manage well under pressure and tight deadlines; works well with changing priorities in a dynamic small team environment

Prior work developing processes and controls related to Heightened Standards or Reg YY will be prioritized

In-depth knowledge of MS Office

Preferred : Master’s Degree in Business, Finance, Law or other related fields or Risk Management certification (e.g. FRM)

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, competitive compensation, commissions, and stock where applicable

Leaders who support your development through coaching and managing opportunities

Ability to make a difference and lasting impact

Work in a dynamic, collaborative, progressive, and high-performing team

Opportunities to do challenging work

Opportunities to building close relationships with clients

• The good-faith expected salary range for the above position is $80,000 - $135,000 (NJ) depending on factors including but not limited to the candidate’s experience, skills, registration status;
• market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions;

health, dental, vision, life and disability insurance; and paid time-off plan.

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that :

• Drives RBC’s high performance culture
• Generates sustainable shareholder returns and above market shareholder value

Job Skills

Business Performance Management, Investment Banking Analysis, Investment Economics, Investment Management Systems, Investment Performance Measurement, Investment Risk, Investment Risk Management, Market Risk, Operational Risks, Performance Management (PM), Quality Management, Risk Management, Standard Operating Procedure (SOP)

Additional Job Details

Address :

30 HUDSON STREET : JERSEY CITY

City : Jersey City

Jersey City

Country :

United States of America

Work hours / week : Employment Type :

Employment Type : Full time

Full time

Platform :

GROUP RISK MANAGEMENT

Job Type : Regular

Regular

Pay Type : Salaried

Salaried

Posted Date : 2024-06-18

2024-06-18

Application Deadline :

I nclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work.

We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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Last updated : 2024-06-19