Director, Group Risk Management

RBC

Oct 30, 2024

Applications are closed

Job
Full-time
Senior Level
Banking & Finance
Calgary

Requirements

5+ years of risk management experience and/or Commercial Account Management experience.
Strong Risk assessment and analysis skills
Strong communication (written and verbal), coaching, and conflict resolution skills.
Undergraduate degree in business, with preferred post graduate qualifications (CFA, CMA, CA, CGA, MBA, etc.)
Bilingualism (English and French) required, as you will regularly do business with partners across Canada
Proficiency with Bank Technology

Responsibilities

Actively participate in the communication on risk and risk appetite within the adjudication team and throughout the enterprise to maintain RBC’s strong risk culture
Assist with the investment in RBC’s capabilities to better measure, understand and manage risk
Look for, and act upon, opportunities to strengthen the efficiency, accessibility and responsiveness of key risk processes and practices
Coach to, as well as directly adjudicate transactions in the context business strategy and portfolio objectives while adhering to stated risk policies, procedures, and processes
Deliver consistent decisions with solid communication of rationale for support, amendments or declines
Deliver decisions within stated turnaround times in order to assist the business exceed client expectations, achieve growth targets, and deliver on their trusted strategic advisor directives
Enhances change management by ensuring how we approach change is reflective of a One RBC mindset
Simplify things that are complicated
Takes ownership of challenges or problems at first point of contact
Ensures clients and colleagues are treated with respect, empathy and integrity contributing to good working relationships
Coaches employees on using strong discovery and credit structuring techniques in order to hone in on alternatives or options in presented transactions that are tailored and value added to our client
Ensures team is aligned with business strategies while maintaining the Bank’s desired risk profile – supports and recommends risk policy changes through early identification of changing market conditions or trends, credit appetite and demand and transactional observations
Ensures accurate and consistent processes/controls are in place and being followed to protect shareholder interests, including, as applicable, the areas of: minimizing loss; fraud prevention; anti-money laundering; out of order security; data integrity including LGD, BRR, BCC, GBRR, CPE, FMD, SIC, SNRR, CED, etc.; covenant compliance; post loan reviews; margin requirements; covenant breaches; delegated lending authority control management; negative trends in financial performance; watch list reporting; etc. and coaches to identified gaps
Ensures credit transactions are adjudicated within policy and product guidelines, standards, and procedures and ensures exceptions are appropriately documented and substantiated
Participates in WL reviews coaching to timely engagement of SLAS (advisory capacity or direct management) &/or transfer to SLAS of lingering problematic WL files

FAQs

What are the main responsibilities of the Director, Group Risk Management?

The main responsibilities include evaluating commercial loan requests, managing activities through senior managers, implementing strategic plans and budgets, and providing support to effectively monitor and control material credit risks across RBC's Commercial Lending Portfolio.

What qualifications are required for this position?

Candidates must have 5+ years of risk management and/or commercial account management experience, strong risk assessment and analysis skills, strong communication skills, an undergraduate degree in business, and bilingualism in English and French is required.

What is the work environment like for this role?

The work environment is dynamic, collaborative, progressive, and high-performing, with a focus on delivering trusted advice to clients and contributing positively to communities.

What is the application deadline for this position?

The application deadline for this position is November 9, 2024.

What types of benefits are included in the Total Rewards Program?

The Total Rewards Program includes bonuses, flexible benefits, competitive compensation, opportunities for personal impact, and support for professional development.

Will I have the opportunity to coach and mentor others in this role?

Yes, as a Director in the Group Risk Management team, you will coach employees on strong credit structuring techniques and oversee their development while aligning with business strategies.

Is fluency in both English and French mandatory for this job?

Yes, bilingualism in English and French is a must, as you will regularly engage with partners across Canada.

What are the working hours for this position?

The typical work hours for this position are 37.5 hours per week.

Is there potential for career advancement within this role?

Yes, there are opportunities to take on progressively greater accountabilities and responsibilities as part of the role.

How does RBC approach diversity and inclusion in the workplace?

RBC is committed to building inclusive teams and fostering an equitable workplace, embracing diversity for innovation and growth while ensuring accessibility for candidates with different abilities.

RBC

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Mission & Purpose

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 88,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.