Business Risk Lead - Personal Financing Products

Job Description

What is the opportunity?

Personal Financing Products (PFP)'s Business Risk and Regulatory Initiatives team is seeking a Director to lead business risk efforts within PFP. The Business Risk team supports first line risk management and operational risk activities within the line of business working across: Home Equity Financing, Automotive Finance, and Personal Lending. As a Business Risk leader within the team you will be responsible for an effective risk and controls environment, proactive risk identification, and collaborating with our product teams and business risk partners within Ops Risk and the second line.

We are looking for a highly collaborative, curious, leader with a strong risk mindset and understanding of lending businesses from a product and/or operational perspective.

What will you do?

• Lead business risk initiatives within PFP

• Work closely with the PFP product lines of business

• Support transformational initiatives as a business risk advisor and SME

• Establish and enhance the risk and controls register

• Co-lead identification of transformation program level risks (e.g. PAR) & support mitigation development

• Lead the risk and controls forum for the business

• Be a strategic risk advisor to the business and Ensure comprehensive risk identification, evaluation, mitigation, and monitoring across all risk types for the business unit in accordance with the Enterprise Risk Framework, including:

  • risk identification, assessment, and mitigation,

  • risk control design testing and monitoring,

  • risk issue resolution, and communication.

• Coach and mentor team members and support their development

What do you need to succeed?

Must have:

• Previous operational or product experience within Lending / Credit

• Strong grasp of Operational Risk Management and extensive experience in the design and evaluation of internal controls

• Effective at working with senior management and product teams to understand needs and requirements

• Strong impact & influence abilities including sound insight and judgment into business; solid ability to employ creative problem-solving skills

• Understanding of risk management including key trends, challenges, and best practices

• Inquisitive and proactive in identifying risks, proposing solutions and/or exercising sound and balanced judgement

Nice to have:

• Strong communication and presentation skills

• Proven ability to establish and execute new processes

• Ability to work successfully with ambiguity to deliver strong outcomes

• Ability to opportunity spot and identify efficiencies across businesses

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.

• Ability to make a difference and lasting impact

• Work in a dynamic, collaborative, progressive, and high-performing team

• Opportunities to do challenging work

Job Skills

Auditing, Audits Compliance, Business Analytics, Decision Making, Financial Risk Management (FRM), Information Security Management, Occupational Safety and Health, Operational Delivery, Quality Management, Results-Oriented, Risk Management, Security Management, Strategic Thinking, Training Programs

Additional Job Details

Address:

RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

PERSONAL & COMMERCIAL BANKING

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-11-06

Application Deadline:

2025-11-20

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At 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.

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