Director - Risk Identification and CCAR
Raleigh, NC 
Share
Posted 2 days ago
Job Description

Job Summary

Directs the identification and measurement of organizational, physical and financial risk; implements programs and business processes to minimize risk. Manages activities through senior managers and managers and implements corporate and divisional strategic plans and budgets.

Job Description

Job Description
What is the Opportunity?This role resides within the Risk Identification & CCAR group under the Group Risk Management - U.S. Enterprise Risk department.
  • Subject Matter Expert on the execution of CUSO Risk ID program.
  • Drive change through both a bottoms-up and top-down approach to improving both the identification, quantification, and measurement of risks across the US Enterprise Risk platform.
  • Provide support and input to the CCAR internal scenario design, emerging risks, resolution planning and other CCAR related matters as needed.
  • Day to day management of team, mentorship of junior members across the GRM platform.
What will you do?Risk Identification:
  • Responsible for the end-to-end execution of the Risk ID process
  • Lead discussions during Risk ID meetings and ensure proper execution of the Risk Identification process from both a First Line of Defense and Second Line of Defense perspective
  • Provide review and challenge of inputs from the First Line of Defense and Second Line of Defense
  • Presentation of outputs to the U.S. Risk Management Committee and the U.S. Risk Committee of the Board
  • Work with the Scenario Design team to ensure material and emerging risks are properly integrated into the internally created U.S. scenarios
  • Evolve the Risk ID program to meet the future needs of the Bank
  • Ensure policies and procedures are up to date
Team Management
  • Responsible for managing staff and prioritizing deliverables across the department
  • Create development plans for staff to broaden their knowledge base across processes, risk disciplines and regulatory requirements
Other Responsibilities
  • As priorities shift within the department, ad-hoc assignments will inevitably occur and resources are expected to be allocated as needed
What do you need to succeed?
  • Bachelor's Degree (in Accounting, Economics, Finance, or other Business related field)
  • Minimum 10 years work experience in relevant or complimentary capacities
  • Strong risk management background, with extensive experience working directly in risk management departments
  • Strong knowledge of CCAR and stress testing requirements as well as regulations related to capital planning and risk management
  • Strong communication skills, both written and verbal
  • Extensive knowledge of financial services products (commercial loans, CRE, residential mortgages, securities, repo/reverse repo, etc.)
  • Strong understanding of business strategies in the lending and capital markets space
  • Inquisitive and proactive in identifying risks, proposing solutions and/or exercising sound and balanced judgement
  • Outstanding ability to analyze problems and strong attention to detail
  • Team player; ability to successfully partner with colleagues across departments and/or divisions
  • Ability to effectively communicate to stakeholders of varying levels, including under contentious circumstances
  • Ability to prioritize in a fast moving, high pressure, constantly changing environment
  • Strong Excel and PowerPoint skills required
  • Ability to be flexible and follow tight deadlines
  • High level of professionalism, self-motivation, and sense of urgency
Suggested Qualifications:
  • Compliance, Audit, Control and/or Regulatory experience a plus
  • Previous Consulting experience a plus
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.
  • A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
  • Leaders who support your development through coaching and managing opportunities
  • Ability to make a difference and lasting impact
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Opportunities to do challenging work
  • Opportunities to building close relationships with clients
The good-faith expected salary range for the above position is $160,000 - $250,000 (NJ depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs.This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:* Drives RBC's high performance culture* Enables collective achievement of our strategic goals* Generates sustainable shareholder returns and above market shareholder value

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:

8081 ARCO CORPORATE DRIVE:RALEIGH

City:

Raleigh

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-03-14

Application Deadline:

2024-04-10

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.

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.


RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status or any other legally-protected factors.

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
10+ years
Email this Job to Yourself or a Friend
Indicates required fields