Job Description

What is the Opportunity?

Group Risk Management (GRM) is responsible for providing independent and objective oversight of the management of significant risks arising from RBC’s businesses and operations, supported by
comprehensive risk management frameworks, policies and practices, robust risk management systems, and experienced professionals. The GRM Wealth Management team provides risk oversight, portfolio management, and assessment of both financial and non-financial risk for RBC legal entities within the Wealth Management business.  This includes but not limited to review of bespoke transaction risk, credit risk adjudication, and operational risks.

The Associate Director (AD), GRM - Wealth Management is responsible for providing independent and effective risk monitoring, control, and communications of both financial and non-financial risk in the Wealth Management businesses. This individual will partner with stakeholders across business, risk
management and technology to ensure the implementation of and compliance with risk policies and procedures. The individual will collaborate with internal stakeholders to promote a “Best of Class” risk monitoring and oversight environment.

What will you do?

Manage the accurate and timely execution of reporting processes, with a focus on iterative improvement on the presentation of reports, turnaround times, and quality of stakeholder engagement

Monitor changes in portfolio and macro environment to extract value-added risk insight for senior management

Pro-actively investigate risks and perform deep dives to provide clear and comprehensive analysis to senior management on risk trends and concerns to influence decision making at senior leadership levels

Contribute to the development of risk policies and establishing risk tolerance limits in conjunction with the business and other risk teams ensuring policies/limits remain current, comprehensive and clearly understood by all business partners

Facilitate business growth through the review and assessment of new products, trading strategies or significant deals ensuring the risks are in line with RBC’s risk tolerance while recommending and implementing appropriate risk controls

Partner with internal departments, including global risk groups, operations, IT, and the business, to embed a strong risk culture, provide expert advice on risk impacts of new initiatives, and ensure effective risk management practices are in place

Support the innovation of risk analytic infrastructure working closely with business, IT and global risk groups to enhance the existing processes and tools to monitor risk exposures, conduct stress testing and scenario analysis, and prepare insightful reports and presentations for senior executives, risk committees, and the board of directors

What do you need to succeed?

Must-have

Strong proficiency in Microsoft PowerPoint (presentation design, storytelling) and Excel (data analysis, reporting templates)

6+ years experience in financial services with 3+ years of related experience in an enterprise or specialist risk control function (eg market, credit, liquidity, capital or operational risk)

Experience with Python, SQL and PowerBI or other data visualization tools

Strong written and verbal communication skills

Ability to prioritize in a fast moving, high pressure, changing environment.

Nice-to-have

MBA, MA, MS or equivalent with emphasis in finance, risk management, data science, or a quantitative discipline is preferred

Expertise in wealth management and custody.

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 include competitive compensation and flexible benefits

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 build close relationships with clients

You have the potential to earn more through RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

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

#LI – POST

Job Skills

Credit Analysis, Fraud Risk Management, Global Risk, Investment Economics, Investment Management Systems, Investment Risk, Investment Risk Management, Long Term Planning, Market Risk, Operational Risks, Quantitative Methods, Risk Control, Risk Management, RiskMetrics, Risk Monitoring, Waterfall Model

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-02-06

Application Deadline:

2026-02-27

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.

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 presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.