Director - Business Control Officer 1LoD - Deposit Operations

What is the opportunity?

The Business Control Officer - 1LoD - Deposit Operations will serve as the senior-most advisor and partner to deposit operations on risk and control related activities and topics. The role has a dual reporting relationship receiving day-to-direction from deposit operations leadership as well as being aligned to the Chief Controls Officer who is responsible for objective setting and strategic priorities. This role supports identification of issues and helps to design and implement solutions providing insights based on industry practices and regulatory expectations. This individual should offer challenge capability at the leadership table as a constructive and balanced partner to support alignment of business objectives with company risk appetite and applicable established risk limits.

What will you do?

• Effectively advise, assist, and support deposit operations management with an informed and valuable risk and control perspective
• Collaborate with 2nd and 3rd line colleagues across disciplines in support of a strong control environment and an effective risk management practice
• Support the consistent and effective execution of key risk program activities including but not limited to Risk and Control Self Assessments (RCSA's), Key Risk Indicators (KRI's), Issue Management and Operational Losses, and other risk assessments to identify and quantify the risks and their associated controls
• Support the development of strong risk culture, risk conduct, and risk literacy in the first line
• Provide direction to control teams in support of organizational risk management prioritize and act as a liaison between deposit operations management and 1LoD risk shared services
• Support and facilitate audit and exam activities
• Develop expertise in relevant Royal Bank of Canada (parent) and RBC Bank's policies and procedures and from time to time, assist in their enhancement
• Support and facilitate first line colleagues in the identification, design and enhancement of preventive and detective controls

What do you need to succeed?

Must-have

• Minimum 8 years of experience in first- or second-line risk and control functions
• Deep understanding of relevant laws rules and regulations related to deposit operations
• Prior experience working within a Commercial Banking environment providing advisory services on different domains such as deposit operations, fraud, check processing, account opening, etc.
• Track record of successfully overseeing complex large-scale transformation programs ideally including regulatory remediation programs at mid-sized or large institutions
• Project management or change initiative leadership experience
• Ability to multitask and prioritize several concurrent initiatives
• Demonstrated ability to interact effectively internally and externally at executive management levels
• Ability to clearly articulate risk management concepts to non-risk professionals
• Bachelors' degree, or equivalent combination of education and experience

Nice-to-have

• Risk management professional certifications

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 competitive compensation, bonuses, and flexible benefits
• Continued opportunities for career advancement
• World-class sales training, coaching, and development opportunities
• Support from a dynamic, collaborative, progressive, and high performing team, as well as world-class tools and training
• Opportunity to achieve great success and grow your career with RBC

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