Ai Risk Jobs in Toronto, ON (NOW HIRING)

What is the Opportunity?

The Senior Director, AI Risk Governance and Reporting is responsible for defining and embedding AI risk accountability across Royal Bank of Canada, ensuring consistent governance, risk management, and regulatory compliance across all business units, functions, Technology & Operations, and the AI Group. This role is critical to establishing clear standards, guardrails, and decision-making forums that enable the organization to scale AI safely, responsibly, and in compliance with regulatory requirements while maintaining alignment with RBC's risk appetite.

What will you do?

1. AI Risk Accountability & Framework Development

• Define enterprise-wide AI risk accountability mechanisms, develop comprehensive governance frameworks, and establish clear risk standards and guardrails that embed risk ownership at all organizational levels across business units, functions, Technology & Operations, and the AI Group.

• Enable business segments and functions to own and manage AI deployment risks while maintaining transparent communication of AI risk responsibilities to senior leadership across the enterprise.

2. Governance Forums & Decision-Making

• Create and oversee governance structures with senior leaders that facilitate cross-functional collaboration and decision-making on AI risk matters, with visibility on escalation, mitigation, and strategic trade-offs.

• Foster a risk-aware decision-making culture that actively enables business growth and innovation while maintaining transparency across the organization.

3. Risk Reporting & Transparency

• Develop dashboards, metrics, and reporting tools that provide transparency on RBC's AI risk profile and communicate AI risk exposure to management and the Board.

• Ensure risk reporting reflects key risk indicators, emerging risks, control effectiveness, and regularly communicates management's actions to maintain the organization's risk profile within established risk appetite.

4. Audit & Regulatory Response Leadership

• Direct the team responsible for audit preparation, regulatory compliance, and examination support, ensuring timely and thorough responses to audit findings and regulatory inquiries related to AI risk management.

• Collaborate with Internal Audit, Compliance, and external regulators to demonstrate effective AI risk governance and maintain regulatory alignment.

5. Team Leadership & Development

• Lead the AI risk governance team, foster a culture of risk ownership and accountability, and support team development through coaching and managing growth opportunities.

• Deliver strategic guidance on AI risk governance and management topics to senior leaders across the enterprise.

6. Strategic Partnerships

• Operationalize AI risk governance through partnerships with business units, functions, Technology & Operations, Risk, Compliance, and Internal Audit to ensure integrated risk management approaches.

• Engage with external regulators and industry peers on evolving AI risk expectations, and serve as a strategic advisor to senior leaders on emerging AI risks and mitigation strategies.

What do you need to succeed?

• Undergrad in finance, computer science or engineering

• Experience working in financial services

• Experience in risk management or control office

• Experience in working with cloud security and AI preferred, but not required

• Risk Expertise: Deep understanding of enterprise risk management frameworks, governance structures, and regulatory landscapes

• IT & Technology Risk Expertise:Deep knowledge and experience in IT risk management within banking environments

• Strategic Vision: Ability to translate complex risk concepts into actionable risk management practices

• Enterprise Perspective: Strong capability to build and drive enterprise-wide frameworks that align multiple stakeholders

• Leadership & Influence: Proven ability to influence senior leaders and drive organizational change

• Communication: Excellent written and verbal communication skills to articulate risk concepts to executive and technical audiences

• Collaboration: Strong stakeholder management skills and ability to work effectively across disciplines and organizations

• Regulatory Acumen: Knowledge of financial services regulations and evolving AI-specific regulatory requirements

What's in it for you?

• Lead AI transformation at one of Canada's largest and most respected financial institutions, with direct visibility to Group Head and Operating Committee level leadership at RBC

• Shape the mandate and culture of a newly formed, high-impact function within RBC's AI Group

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock options where applicable

• Leaders who support your development through coaching and managing opportunities

• Ability to make a difference and lasting impact from a local-to-global scale

About the AI Group:

RBC's AI Group is the AI accelerator for RBC, with a focus on driving the shift from early-stage AI projects to scaled, client outcomes that amplify the impact of RBC's people. In addition to helping scale the biggest AI opportunities at RBC, the AI Group is responsible for advancing research into emerging use cases across generative and agentic AI, while maintaining expertise in security, responsible AI and regulatory expectations. The Business Enablement function within the AI Group partners with LOBs and Functions to set AI ambition, originate transformation opportunities, and frame programs for delivery - ensuring RBC remains at the frontier of AI-enabled value creation.

Inclusion and Equal Opportunity Employment

RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.

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Job Skills

Business Continuity and Disaster Recovery (BCDR), Cyber Security Management, Firewall Management, Information Security Auditing, Information Security Operation Center (ISOC), IT Network Security, Operational Delivery, Problem Management, Process Management, Threat Management

Additional Job Details

RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTOTorontoCanada37.5Full timeTECHNOLOGY AND OPERATIONSRegularSalaried2026-07-232026-08-31

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

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

Employment Type: FULL_TIME