Portfolio Risk Manager Jobs in Ontario (NOW HIRING)

The Portfolio and Emerging Risk Management (PERM) oversees the identification, assessment, prioritization, and monitoring of emerging risks, helping to ensure the effectiveness of RBC's overall emerging risk management process. The team delivers critical insights to help risk managers and business partners make informed risk and strategic decisions in a changing world. As Senior Director, Portfolio and Emerging Risk Management (PERM), you will lead the team responsible for the aforementioned activities.

What will you do?

Risk Identification

• Identify top and emerging risks
• Lead annual enterprise risk identification process
• Help drive consistency with localized risk identification processes
• Serve as an emerging risk thought leader for RBC. Conduct emerging risk surveys to provide additional data points on what internal risk leaders are concerned about, and use these insights to help prioritize emerging risk focus areas. Perform horizon scanning to stay on top of change risk landscape. Attend conferences, seminars, and industry events related to emerging risks.
• Source new ideas and guests to present at senior leadership forums.

Emerging Risk Research & Deep-Dives

• Provide timely briefing material on key emerging risks and trends (including, but not limited to, technological, regulatory, policy, economic, demographic, and geopolitical shifts).
• Perform "deep dives" and "spotlights" on key emerging risks that feed into senior management reporting and board reporting.

Portfolio Management

• Use strong understanding of RBC's businesses and risks to determine the impact that emerging risks may have on RBC's portfolio (qualitative, and quantitative, as appropriate).
• Lead conversations via tabletop exercises, and other forums to better understand the impacts emerging risks could have across the organization, and aid in ensuring organization is prepared.
• Leverage teams' data and analytics capabilities to inform internal risk and business leaders of RBC's standing in relation to a specific area or topic. This includes regular activities, as well as ad-hoc analysis. The analysis is generally performed with an enterprise-level lens.
• Continue to push for insights beyond what is available via news feeds, and external research reports. Use data, analytics, and AI capabilities to assist in building early indicators and deriving new portfolio insights using RBC data assets.

• Support further integration of Emerging Risks into RBC's Risk Framework through enhanced communication and socialization of RBC's Emerging Risks with business and risk partners (both first and second line).
• Work strategically with key internal RBC partners and collaborate with cross functional teams.
• Develop a communication strategy and plan for socializing emerging risks. The aim is to inform, engage and inspire action.

What do you need to succeed?

Must-have

• 15+ years of relevant work experience in the financial industry
• Exceptional analytical skills with the ability to interpret complex global issues. A strategic mindset, with a focus on linking geopolitical analysis to business and economic outcomes. Ability to confidently communicate emerging risk impacts in clear and compelling ways.
• Excellent verbal and written communication to variety of audiences, including the Board of Directors and senior risk and business executives.
• Demonstrated excellence in cross-functional collaboration and stakeholder management. Strong organizational awareness and ability to navigate complex matrix structures.
• Ability to meet consistently high standards of quality while handling a variety of projects and deadlines simultaneously. Highly adaptable with the ability to prioritize competing requests in a fast-paced environment. Able to embrace change and to demonstrate diplomacy, professionalism and a positive attitude
• Ability to impact and influence and coordinate across teams to drive change
• Prior experience in Compliance, Risk, or Operations
• Undergrad level degree in business, finance, economics, law, accounting, or similar discipline

Nice-to-have

• Prior experience in international relations, geopolitics, economics, or a related field-ideally with a blend of private sector, government, or think tank exposure.
• Skills and experience building and maintaining relationships with external stakeholders
• Consulting experience

• Familiarity with RBC's existing risk frameworks
• Digitally savvy, with a grasp on the evolving digital media trends
• MBA or master's degree in public policy, international affairs or global affairs
• CFA, CPA, FRM or similar professional designations.

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

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.