CA
Sr Risk Manager
Comptech Associates Inc.
- Location not stated
- Manager or above
- 3 hours ago
- Risk Management
- Regulatory Compliance
- Agile
3 hours ago
Location: Jersey City, NJ (4/1)
Duration: 6+ months
What is the opportunity?
The primary mission of RBC Clear Business Risk team is to drive a proactive strategy to maintain a robust business control environment, enabling RBC Clear to achieve its strategic priorities. RBC Clear Business Risk Management is directly servicing the business stakeholders in Product/Operations and RBC Clear clients, and RBC Clear business partners in the 2nd and 3rd LoD. We are looking for a seasoned Risk Manager assisting the team in monitoring RBC Clear Cash Management business activities by identifying risks, comparing them against established parameters, and challenging the control environment.
What will you do?
Being part of a proactive Business Risk Management team, supporting existing Risk Management program and helping establish sound Risk Management principles.
This includes but is not limited to:
-Survey existing and newly established processes against set risk parameters and regulatory expectations.
-Evaluate the effectiveness of RBC Clear Cash Management control processes.
-Identify control gaps during change events (i.e., new product roll-out, regulatory changes)
-Assess risk and controls across the RBC Clear Cash Management product portfolio, advising Product and Operations teams on control design and execution.
-Support the quarterly risk mapping exercise by validating controls properly mitigate defined risks.
-Support business stakeholders during the annual key control testing and newly established risk attestation process.
-Implement KPI/KRI for new products, establishing and validating performance thresholds.
-Monitor business activities and reporting criteria to identify nonconformance with risk management and governance standards."
-Support U.S. and Enterprise governance programs for the RBC Clear Cash Management business, coordinate feedback from business and ensure execution.
-Facilitate collaboration between process owners, subject matter experts (SMEs), and stakeholders to build robust, actionable processes.
-Foster and maintain relationship with the 1LoD CM Operational Risk, Controls and Governance team, and 2 LoD teams to facilitate collaboration and effective Risk management.
-Educate the business on RBC Enterprise framework and regulatory requirements, translating supervisory expectations into actionable implications and fostering risk ownership culture.
What do you need to succeed?
Must-have
-7-10 years in a Business Risk Management role in the Transaction Banking/Cash Management business line.
-Strong knowledge of the Transaction Banking/Cash Management product portfolio.
-Knowledge of U.S. supervisory expectations, including Client Supervisory Letters and OCC Bulletins
-Experience interpreting regulatory requirements and designing controls to meet prudential obligations and operational risk frameworks.
-Drive accountability amongst stakeholders and demonstrate strong collaboration skills across the organization.
-Thrive in a fast-paced, dynamic environment with strong adaptability.
-Ability to establish strong working relationships across business units and platforms to build, influence and impact.
Nice-to-have
-Familiarity with RBC Operations and Governance frameworks
-3-5 years of experience in Regulatory Compliance
-Experience or excited to learn agile ways of working.
-Strong program and project management skills with the ability to manage complex, multi-workstream initiatives.
Sr Risk Manager · Comptech Associates Inc.