Model Risk Management Jobs in Ontario (NOW HIRING)

Job Description

What is the opportunity?

Reporting to the Director, Business Risk Management, the employee will be a key contributor to the Business Risk Management program for the RBC Clear Business. Working closely with partners in the 1LoD and 2LoD including the CM Operational Risk, Controls & Governance team, 2LoD Risk team(s), RBC Clear Ops team, RBC Clear Products team and PMO teams, this role will support the continued build out of a highly effective Risk Management practice within the RBC Clear business.

What will you do?

• Evaluate the effectiveness of internal controls, risk management practices, and corporate governance processes within RBC Clear.

• Ability to identify and assess risks and controls within RBC Clear and provide guidance to the Ops and Product teams in the creation and execution of controls.

• Support the Director in ongoing monitoring of Risk Profile and Control Effectiveness and reporting to Senior Leadership.

• Provide expert insights on Risks (including Fraud Risk) associated with major change initiatives, process improvements, and transformational projects.

• Foster and maintain relationships with the 1LoD CM Operational Risk, Controls and Governance team, Fraud Risk Centre of Governance and 2LoD Risk team(s) to facilitate collaboration and effective Risk Management.

• Support the Director, Business Risk Management in the day-to-day operation of the RBC Clear Fraud Risk Management program including Fraud investigations and identifying and implementing enhancements to the program.

What do you need to succeed?

Must-have

• 5+ years' experience in Risk Management

• Strong communication skills

• Ability to both grasp big picture concepts and demonstrate rigorous attention to detail

• Ability to influence a diverse group of stakeholders and demonstrate strong collaboration skills across the organization

• Strong problem-solving skills with a results-oriented mindset

Nice-to-have

• Cash Management Subject Matter Expertise

• Fraud Risk Management Subject Matter Expertise

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

• Leaders who support your development through coaching and managing opportunities

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

• Opportunities to do challenging work

• Flexible work/life balance options

Job Skills

Analytical Thinking, Business Oriented, Business Performance Management, Business Process Modeling, Communication, Critical Thinking, Decision Making, Fraud Management, Interpersonal Relationship Management, Process Management

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-06-25

Application Deadline:

2026-07-12

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

Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate's experience, skills, registration status, performance, individual goals, market conditions, and business needs.

Pay Range

The expected pay range for this position is:

$115,000.00 - $165,000.00

The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay rage for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable.

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

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.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

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