Manager, Risk and Controls Group

**Come Work with Us**

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

**Job Title**

Manager, Risk and Controls Group

**What is the opportunity?**

Risk and Controls Group (RCG), housed under U.S. Enterprise Risk, is a 2nd LOD line independent risk & control oversight, testing, and advisory function. RCG manages and monitors the effectiveness of Functions’ internal risk and control environment by:

- Establishing and enforcing risk management and control frameworks (e.g. Risk and Control Self-Assessment Standards, Control Evaluation Standards).
- Providing oversight and credible challenge of Functions’ risk and control self-assessment.
- Undertaking control assurance activities (e.g. controls testing) to assess effectiveness of controls employed by Functions.
- Reporting to Senior Management on the firm’s state of risk and control environment.
- Identifying opportunities, risks and issues to propose recommendations to support Functions to improve risk management practices.

The incumbent reports to Associate Director, Risk and Controls Group.

**Region: US**

**Working hours: 9:00AM - 6:00PM**

**What will you do?**
- Lead/coach a team of 7-8 analysts in managing 2LOD control program initiatives.
- Demonstrate strong management skills to effectively lead and engage a team of Analysts to execute risk and control evaluation activities (e.g. review and challenge, controls testing).
- Demonstrate advanced level of risk management knowledge to facilitate and support Functions in identification and assessment of risks and controls within functions.
- Create and manage risk assessment and control evaluation coverage plans and metrics.
- Perform, review, and sign-off on control evaluation work papers and results.
- Facilitate and advise on the Risk & Control Self -Assessment (RCSA) program.
- Maintain RCG tools and archive systems.
- Exhibit high attention to details in identifying, aggregating, and communicating issues and control gaps to RCG Senior Management and other stakeholders.
- Prepare refined and polished reports and memo, including issues and proposed action plans to Functions and RCG Senior Management using strong writing skills.
- Display interpersonal and negotiation qualities to be able to conduct meetings to socialize and negotiate issues and findings identified in testing.
- Validate and close control gaps and self-identified issues of Functions.
- Continually develop deeper understanding of RBC’s businesses and subsidiaries.
- Develop relationships across the organization as to facilitate communication and strategic partnerships.
- Be methodology centric and actively develop RBC wide risk management and control evaluation standards and methodology.
- Undertake stakeholder management when liaising with U.S. counterparts and local managers on assignments and work sets.
- Participate in regular discussions with RCG U.S. counterparts on RCG strategies, work plans and other matters.
- Actively develop and build staff skills and competencies as well as identify training needs of the staff.
- Day-to-day management of team of Analysts (e.g. resource planning, distribution of assignments).
- Participate in performance management of staff and provide feedback to staff from time to time by displaying strong coaching skills.
- Leverage on advanced writing and communication skills to develop Senior Management briefing materials and periodic management reporting, in a management-ready state.
- Follow up on remediation of issues and findings raised by Internal Audit and Regulators, if any.
- Lead development and maintenance of tools (e.g. ControlNet, SharePoint) utilized to execute and memorialize risk assessments and control testing.
- Assist Associate Director in execution of strategies, plans and other matters as needed.
- Contribute to ad-hoc assignments/special projects.

**What do you need to succeed?**

**Must-have**
- Bachelor’s degree in Accounting, Finance, Actuarial Science or other Business related fields.
- Professional qualification in accounting, risk management or compliance.
- Minimum 8 - 10 years’ work experience in areas of risk management, compliance, audit or consultancy. Previous experience in control testing and capital planning is a plus.
- Advanced knowledge of risk management best practices and control testing
- Strong communication and management skills
- Strong knowledge of financial services environment.
- Strong command of English language.

**Nice-to-have**
- Strong analytical, problem solving and negotiation skills.
- High attention to details.
- Ability to deal with p