Associate Director, Grm Operational Risk

Associate Director, GRM Operational Risk - Global Risk Oversight **Job Summary** 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 Internal Operational Risk Events, Root Cause Analysis, Risk Register etc.). In addition, the team may also be required to support with additional deliverables as the global Operational Risk policies, practices and tools evolve over time in response to internal/ external drivers and/or in keeping pace with emerging risks. 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 functions as necessary. The role entails execution of the core Operational Risk mandate the individual is assigned alongside training and oversight responsibilities of team members as may be necessary. Operational Risk Oversight Activities - Support the review and oversight of Risk Register (and related Risk & Control Self-Assessment activities) by 1LOD segments and functions across geographies. - Perform 2LOD controls assurance/ testing of key controls mitigating Operational Risks in a segment/ geography. - Support the oversight and challenge of 1LOD's execution of Internal Operational Risk Events and related Root Cause Analysis. - Provide oversight inputs and support to relevant 2LOD Operational Risk Domains (e.g., Third Party Risk) - Lead & supervise a team (< 5 FTE) of Risk Managers and Risk Analysts. - Record evidence of 2LOD oversight and challenge on the Operational Risk Management System (ORMS). - Provide comprehensive results/ outputs of Operational Risk oversight activities to relevant Operational Risk teams supporting a segment or geography highlighting trends or exceptions, if any. - Create presentations summarizing the periodic work output to support broader Operational Risk decision making/ stakeholder engagements. - Provide periodic reports/ summary of the oversight activities supporting individual Operational Risk practices to relevant Operational Risk stakeholders. Quality Assurance & Oversight Activities - Perform/ support periodic quality assurance of Operational Risk work output to analyze any gaps or opportunities for improvement. - Support the Department Head in maintaining oversight of Operational Risk practice execution for team members as required. - Develop/ update procedures or templates as the Enterprise policies or Standards evolve and ensure consistency in practice execution. Training/ mentoring and oversight of team members as may be necessary. **Job Skills** Analytical Thinking, Control Monitoring, Detail-Oriented, Operational Control, Operational Risk Assessment, Operational Risk Management, Self Motivation, Stakeholder Management **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**: 2024-10-29 **Application Deadline**: 2024-11-29 **I** **nclusion** 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. **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. Job ID R-0000101767