Data Classification Associate Jobs in Toronto, ON

What is the Opportunity?

In the increasingly complex world of financial services, accurate and complete data is critical for Risk management, financial reporting and regulatory compliance. Ensuring data governance begins with an understanding of financial services data, identifying the critical elements (CDEs), data quality controls and resolving data issues.
As a Data Prioritization Analyst with the data prioritization team, you will be accountable for working with various Data domains to prioritize critical data associated with business processes. Reporting to the Associate Director, you will work in collaboration with other teams providing data services such as the DMO's, Data Lineage, Data Quality, Metadata management, and Data Completeness Teams.

What will you do?

Data Prioritization

• Create and support repeatable, robust process to identify Data Elements that are most critical and has the highest impact on RBC's key processes. Seek out industry trends and organizational knowledge to understand alternative approaches / solutions to propose viable options
• Engage Data Domain stewards and Business Unit leadership to identify and define key business processes and prioritization and identification of critical reports
• Engage Report Owners and their delegates to prioritize data utilizing the enterprise approved Critical Data Element (CDE) identification methodology.
• Support other Data Management activities.
• Identify, capture and curate metadata associated with CDEs (such as Business Term, Data Classification, Owning Data Domain, vintage tags among other things) for U.S. key regulatory reports.
• Accountable for IHC Regulatory Reporting Data Domain metadata associated with Data Prioritization / CDEs to be present in Collibra, Enterprise Data Governance Platform.

Communication and Documentation

• Document the critical data, its usage in business process and reports and rationale for critical data in firm standard CDE memo document template
• Engage with key stakeholders from Risk Management, Finance, Liquidity, AML and other business Units
• Manage and report on work status, including escalating execution risks in a timely manner

Training and Continuous Improvement

• Gain and apply an in-depth understanding of data management, data governance, and metadata tools and systems to support the definition and documentation of effective data elements.
• Work with the Chief Data Office and other Data Management Offices to support standards and best practices to improve data quality, participating in initiatives to raise awareness and drive improved data quality across the organization (e.g., Data Working Groups, Data Literacy projects).

What do you need to succeed?

Must-have

• 2-3+ years of experience in Data Management, Accounting, risk management, and/or Data Analysis
• Undergraduate degree in a numerical discipline, business administration, finance or a combination
• Good communications skills - verbal and written
• Some experience with business and/or technical documentation

Nice-to-have

• Self-starter, highly motivated, having a strong drive to achieve tangible results; ability to manage multiple competing priorities in times of stress
• Ability to analyze and comprehend complex financial products, reporting and data related issues.
• Familiarity with financial service regulatory requirements and guidelines (e.g. US regulatory reporting, BCBS 239)
• A background in delivering data initiatives in Agile tooling (Jira)

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
• A world-class training program in financial services
• Flexible work/life balance options
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities
• Opportunities to building close relationships with clients

#LI-POST

Job Skills

Additional Job Details

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.