Director - US Strategic Risk - CCAR and Resolution Planning

What is the Opportunity?

This role is part of Group Risk Management - U.S. Enterprise Risk Transformation, driving the coordination of independent risk oversight of the RBC CCAR, Resolution Planning, and Change Risk for the Combined US Operations (CUSO), RBC's Intermediate Holding Company (RIHC) and branches within the U.S. This role will provide oversight and guidance to the lines of business (LoB)s, coordinate with GRM functions in the US and Canada and prepare a consolidated second line of defense independent review and reporting for CCAR, Resolution Planning, and Change Risk for RBC US.

What will you do?

• Create and maintain an oversight program and requirements for CCAR and Resolution Planning.

• Coordinate with stakeholders at LoBs to rationalize various CCAR, Capital management, resolution planning policies, and standards for the CUSO level.

• Coordinate with stakeholders at Enterprise to ensure CUSO level policies and standards align to enterprise and regulatory requirements.

• Monitor adherence to policy/standard requirements.

• Prepare consolidated second line of defense independent review and challenge assessment of CUSO CCAR/Capital Plan and Resolution Plan for management and board committees.

• Central point of contact and coordination point within 2LOD CUSO Group Risk Management for Resolution Planning.

• Assist in the annual second line of defense review and challenge and consolidated reporting of the RBC US strategic plan.

• Provide guidance as necessary on review and challenge documentation requirements.

• Support the Periodic Strategy Reviews to monitor progress on execution of strategic initiatives and alignment to Risk Appetite.

• Assist with periodic reviews and requests for information from Internal Audit and various stakeholders across risk.

• Implement Enterprise policy & standards associated with change risk (Proposed funding and transaction approval requests, New or Changed product review and other programs or initiatives that drive change across the organization) at CUSO and tailor requirements as appropriate for the US.

• Rationalize various change risk processes across CUSO to simplify approval processes, create greater consistency and ensure appropriate management of change risk.

• Develop New Initiatives reporting for senior management and the Board.

What do you need to succeed?

• Bachelor's Degree in Business, Finance, Law or other related fields

• 7 years previous experience work in a Risk Management role or in a First line of defense role with responsibilities in CCAR and/or Resolution Planning in a Financial Services organization

• Knowledge of one or more key risk discipline (e.g., Enterprise, Market, Counterparty, Credit, Liquidity and Operational Risk)

• Experience with CCAR within a Category III or IV banking institution, Resolution Planning, Strategic Planning, or Strategic Risk oversight and change risk

• Experience developing processes and controls related to Heightened Standards or Reg YY will be prioritized

• Strong written and verbal communication skills

• Ability to influence multiple stakeholders at different levels of an organization

• Experience managing complex projects and initiatives

• 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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.

• 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 build close relationships with clients.

The expected salary range for this particular position is $110,000-$190,000 (New York/New Jersey), depending on your experience, skills, and registration status, market conditions and business needs.

You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

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

• Enables collective achievement of our strategic goals

• Generates sustainable shareholder returns and above market shareholder value

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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above