Associate Director, GRM Operational Risk, Advisory

1 month ago

Putrajaya, Malaysia Royal Bank of Canada Full time

Job Summary

⢠The GRM Operational Risk Advisory & Oversight team is responsible for providing independent and objective oversight of operational risk management for all RBC businesses in the AsiaPac Region. This includes the activities of the WMA; I&TS; P&CB and CM business Segments that have a presence in APAC as well as the operation and activities undertaken through the RBC Malaysia Shared Services Centre (SSM).
⢠The primary purpose for the Associate Director role is to ensure that operational risk profiles for the RBC Shared Services business in Malaysia and RBCâs Wealth Management Asia (WMA) and Investor Services (IS) Segment operations business activities that utilize SSM demonstrate fair and accurate representation of relevant operational risk exposures.
⢠The role works closely with the Director, GRM OR, Global Risk Oversight and A&O and the Senior Director, Operational Risk, APAC in the implementation of the OR framework and risk management practices. This includes taking the lead on key aspects of the operational risk 2LoD program execution for RBCâs Shared Service business in Malaysia including culture & conduct and the effectiveness and sufficiency of the OR program deployed by the SSM entity and the WMA Operations and IS Operations in Malaysia.
⢠This role also supports core program execution for business in diverse APAC locations including providing 2LoD oversight & challenge of the operational risk program execution for the WMA Segment activities in Singapore; HK; Tokyo and Beijing and other regional locations as required.
⢠The role also works closely with the GRM team responsible for enterprise governance and bringing independent oversight for risk in partnership with Sydney, UK; Europe and Toronto based GRM counterparts including Toronto and UK based OR counterparts supporting the OR program in Malaysia and the WMA OR program in APAC.
⢠This role partners closely with the business to facilitate the implementation of the operational risk framework and sound risk management practices across the business platforms.
⢠Role is primarily Malaysia focused however may extend to work in conjunction with the OR team to support representation in the APAC region.

Working Hours: 8:00am â 5:00pm or 9:00am â 6:00pm.

Job Description

What will you do?

Act as a leader in ORM

  • Deliver the vision and execute the ORM plan through global matrix engagement as part of a multi-jurisdictional virtual OR team supporting Malaysia and APAC businesses.
  • Foster strong stakeholder relationships to enable active and collaborative working relationships.
  • Drive a culture of integrity and behaviors that align to RBCâs Code of Conduct and professional standards.
  • Work collaboratively across teams, enabling an engaged workforce who are effective, knowledgeable and adaptable.
  • Foster an environment of continuous personal growth.

Direct the implementation of RBCâs Operational Risk Management (ORM) program and practices

  • Contribute to and execute on the vision, strategy and operating model for operational risk management.
  • Direct the implementation of core operational risk management programs and practices to ensure accurate view of Operational Risk Profile.
  • Support implementation of ORM initiatives and monitor for adherence to requirements, escalating concerns where required.
  • Identify trends and direct research into areas of perceived elevated or emerging operational risk.

Provide Operational Risk advice and monitor key & emerging risks

  • Provide ORM risk mitigation strategies (and /or related area of expertise) and advise senior management in understanding and managing operational risk across domains.
  • Champion behaviors that embed a strong risk management culture across 1st & 2nd LOD
  • Provide oversight on the design and effectiveness of the internal control environment
  • Actively support 1LOD in establishing operational risk appetite that aligns with their with stated strategic objectives
  • Leverage operational risk data and analysis to provide management with insights to support decision-making
  • Conduct Independent reviews to provide a perspective to 1st Line of Defense on emerging risks and trends
  • Bring 1st Line of Defense insights from external sources such as ORX, Industry Events, Industry Best practices

Enable regulatory change, OR governance and reporting

  • Support Management to respond to information requests by regulators, supervisors, and statutory bodies (as required)
  • Identify and develop guidance material designed to support 1st Line of Defense interpretation and implementation of regulatory requirements
  • Monitor and analyze the design and operational effectiveness of a platformâs control environment
  • Provide operational risk-related reporting and insights, and partner with the business to enhance reporting where required, to support executive management to build a perspective on operational risks and emerging trends.
  • Develop a story board to provide a profile of operational risk, leveraging risk dashboards, metrics and other information sources

Legal Entity & Branch Governance

  • Support legal entity risk governance including operational risk appetite review (as applicable) & approval by local Boards, supporting specific governance requirements and monitoring country business environments to identify and report on emerging risks.

Articulate operational risk framework and policies to existing and prospective clients, consultants, regulators or other external stakeholders (as required).

Job Skills

Communication, Detail-Oriented, Flexible Team Player, Operational Risk Assessment, Operational Risk Mitigation, Operation Risk Management, Risk Reporting

Additional Job Details

Address:

PERSIARAN IRC 2, IOI RESORT CITY IOI CITY TOWER ONE:PUTRAJAYA

City:

Putrajaya

Country:

Malaysia

Work hours/week:

40

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-04-01

Application Deadline:

2024-05-31

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
âââââââ
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

Join our Talent Community

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

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.

  • Associate Director, Grm Operational Risk, Advisory

    3 weeks ago

    Putrajaya, Malaysia Royal Bank of Canada Full time

    Associate Director, GRM Operational Risk, Advisory & Oversight **Job Summary** - The GRM Operational Risk Advisory & Oversight team is responsible for providing independent and objective oversight of operational risk management for all RBC businesses in the AsiaPac Region. This includes the activities of the WMA; I&TS; P&CB and CM business Segments that...

  • Associate Director, Grm Operational Risk, Advisory

    2 days ago

    Putrajaya, Malaysia Royal Bank of Canada Full time

    Associate Director, GRM Operational Risk, Advisory & OversightJob Summary The GRM Operational Risk Advisory & Oversight team is responsible for providing independent and objective oversight of operational risk management for all RBC businesses in the AsiaPac Region. This includes the activities of the WMA; I&TS; P&CB and CM business Segments that have a...

  • Associate Director, GRM Operational Risk, Advisory

    2 weeks ago

    Putrajaya, Malaysia Royal Bank of Canada Full time

    Job Summary• The GRM Operational Risk Advisory & Oversight team is responsible for providing independent and objective oversight of operational risk management for all RBC businesses in the AsiaPac Region. This includes the activities of the WMA; I&TS; P&CB and CM business Segments that have a presence in APAC as well as the operation and activities...

  • Associate Director, GRM Operational Risk, Advisory

    1 month ago

    Putrajaya, Malaysia Royal Bank of Canada Full time

    Job Summary• The GRM Operational Risk Advisory & Oversight team is responsible for providing independent and objective oversight of operational risk management for all RBC businesses in the AsiaPac Region. This includes the activities of the WMA; I&TS; P&CB and CM business Segments that have a presence in APAC as well as the operation and activities...

  • Manager, Grm Operational Risk

    4 weeks ago

    Putrajaya, Malaysia Royal Bank of Canada Full time

    Manager, GRM Operational Risk - Global Risk Oversight **Job Summary** **What is the opportunity?** Activities performed by the Global Risk Oversight team in Malaysia include those that support the execution of the Operational Risk 2LOD practices (e.g., oversight of Operational Risk & Control Assessments, performing Controls Assurance as a 2LOD function,...

  • Manager, Grm Operational Risk

    24 hours ago

    Putrajaya, Malaysia Royal Bank of Canada Full time

    Manager, GRM Operational Risk - Global Risk Oversight **Job Summary** **What is the opportunity?** Activities performed by the Global Risk Oversight team in Malaysia include those that support the execution of the Operational Risk 2LOD practices (e.g., oversight of Operational Risk & Control Assessments, performing Controls Assurance as a 2LOD function,...

  • Manager, Grm Operational Risk

    2 days ago

    Putrajaya, Malaysia Royal Bank of Canada Full time

    Manager, GRM Operational Risk - Global Risk OversightJob SummaryWhat is the opportunity?Activities performed by the Global Risk Oversight team in Malaysia include those that support the execution of the Operational Risk 2LOD practices (e.g., oversight of Operational Risk & Control Assessments, performing Controls Assurance as a 2LOD function, oversight of...

  • Manager, GRM Operational Risk

    4 weeks ago

    Putrajaya, Malaysia Royal Bank of Canada Full time

    Job SummaryThis individual will oversee Operational Risk management for RBC segments and geographies by collaborating with stakeholders in the GRM Operational Risk function and other Risk functions when needed. The role involves executing assigned Operational Risk tasks, providing training, and supervising team members.Job DescriptionThe GRM Operational Risk...

  • Manager, GRM Operational Risk

    2 weeks ago

    Putrajaya, Malaysia Royal Bank of Canada Full time

    Job SummaryThis individual will oversee Operational Risk management for RBC segments and geographies by collaborating with stakeholders in the GRM Operational Risk function and other Risk functions when needed. The role involves executing assigned Operational Risk tasks, providing training, and supervising team members.Job DescriptionThe GRM Operational Risk...

  • Manager, GRM Operational Risk

    2 weeks ago

    Putrajaya, Malaysia Royal Bank of Canada Full time

    Job SummaryJob DescriptionWhat is the opportunity?The GRM Operational Risk – Global Risk Oversight team in Malaysia is a centralized 2LOD group responsible to provide Operational Risk and Control oversight and related support across RBC segments and geographies leveraging consistent set of tools, practices, procedures, and subject matter expertise. This...

  • Manager, GRM Operational Risk

    2 months ago

    Putrajaya, Malaysia Royal Bank of Canada Full time

    Job SummaryJob DescriptionWhat is the opportunity?The GRM Operational Risk – Global Risk Oversight team in Malaysia is a centralized 2LOD group responsible to provide Operational Risk and Control oversight and related support across RBC segments and geographies leveraging consistent set of tools, practices, procedures, and subject matter expertise. This...

  • Manager, Grm Operational Risk

    2 days ago

    Putrajaya, Malaysia Royal Bank of Canada Full time

    Manager, GRM Operational Risk - Global Risk OversightJob SummaryThis individual will be responsible to provide independent and objective oversight of Operational Risk management supporting RBC segments and geographies, working with various stakeholders within the GRM Operational Risk function, First Line of Defence or across the broader Risk functions as...

  • Manager, Grm Operational Risk

    3 weeks ago

    Putrajaya, Malaysia Royal Bank of Canada Full time

    Manager, GRM Operational Risk - Global Risk Oversight **Job Summary** This individual will be responsible to provide independent and objective oversight of Operational Risk management supporting RBC segments and geographies, working with various stakeholders within the GRM Operational Risk function, First Line of Defence or across the broader Risk...

  • Manager, GRM Operational Risk – Global Risk Oversight

    3 weeks ago

    Putrajaya, Malaysia Royal Bank of Canada Full time

    Job SummaryThis individual will be responsible to provide independent and objective oversight of Operational Risk management supporting RBC segments and geographies, working with various stakeholders within the GRM Operational Risk function, First Line of Defence or across the broader Risk functions as necessary. The role entails execution of the core...

  • Manager, GRM Operational Risk – Global Risk Oversight

    2 days ago

    Putrajaya, Malaysia Royal Bank of Canada Full time

    Job SummaryThis individual will be responsible to provide independent and objective oversight of Operational Risk management supporting RBC segments and geographies, working with various stakeholders within the GRM Operational Risk function, First Line of Defence or across the broader Risk functions as necessary. The role entails execution of the core...

  • Senior Analyst, GRM Operational Risk – Global Risk Oversight

    4 weeks ago

    Putrajaya, Malaysia Royal Bank of Canada Full time

    Job SummaryThis individual will be responsible to provide independent and objective oversight of Operational Risk management supporting RBC segments and geographies, working with various stakeholders within the GRM Operational Risk function, First Line of Defence or across the broader Risk functions as necessary. The role entails execution of the core...

  • Senior Analyst, GRM Operational Risk – Global Risk Oversight

    2 weeks ago

    Putrajaya, Malaysia Royal Bank of Canada Full time

    Job SummaryThis individual will be responsible to provide independent and objective oversight of Operational Risk management supporting RBC segments and geographies, working with various stakeholders within the GRM Operational Risk function, First Line of Defence or across the broader Risk functions as necessary. The role entails execution of the core...

  • Manager, GRM Operational Risk

    4 weeks ago

    Putrajaya, Malaysia Royal Bank of Canada Full time

    Job SummaryThis individual will be responsible to provide independent and objective oversight of Operational Risk management supporting RBC segments and geographies, working with various stakeholders within the GRM Operational Risk function, First Line of Defence or across the broader Risk functions as necessary. The role entails execution of the core...

  • Manager, GRM Operational Risk

    2 weeks ago

    Putrajaya, Malaysia Royal Bank of Canada Full time

    Job SummaryJob DescriptionWhat is the opportunity?The GRM Operational Risk – Global Risk Oversight team in Malaysia is a centralized 2LOD group responsible to provide Operational Risk and Control oversight and related support across RBC segments and geographies leveraging consistent set of tools, practices, procedures, and subject matter expertise. This...

  • Manager, GRM Operational Risk

    2 months ago

    Putrajaya, Malaysia Royal Bank of Canada Full time

    Job SummaryJob DescriptionWhat is the opportunity?The GRM Operational Risk – Global Risk Oversight team in Malaysia is a centralized 2LOD group responsible to provide Operational Risk and Control oversight and related support across RBC segments and geographies leveraging consistent set of tools, practices, procedures, and subject matter expertise. This...