Royal Bank of Canada

Associate Director, LF&P Operational Excellence Office

Royal Bank of Canada$125K — $165K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years of experience in capital markets with exposure to Liquidity & Funding Operations, Collateral Management, Payments & Clearing, or Nostro Reconciliations
  • Strong verbal and written communication skills for executive materials
  • Ability to work cross-functionally and influence without direct authority
  • CFA designation is a plus
  • Familiarity with operational risk frameworks and control design

Responsibilities

  • Maintain and evolve the execution governance framework across all pillars
  • Track escalations, SLA compliance, and threshold breaches for accountability
  • Produce senior leadership updates and governance materials
  • Assist in high-severity incident coordination and post-incident analysis
  • Identify systemic execution weaknesses and drive remediation actions
  • Engage with cross-functional stakeholders to resolve execution gaps
  • Identify automation opportunities and develop business cases for efficiency

Benefits

  • Comprehensive Total Rewards Program with bonuses and flexible benefits
  • Opportunities for personal development through coaching
  • Ability to make a meaningful difference within the team
  • Work in a dynamic, progressive team environment
  • Challenging work with opportunities to build client relationships
Full Job Description
Job Description

What is the opportunity?

A strategic and control-tower focused role supporting the Head of LF&P Operational Excellence across all four pillars (Liquidity & Funding Operations, Collateral Management, Payments & Clearing, Nostro Reconciliations & Controls). The role drives governance, executive reporting, post-incident remediation, and identification of automation opportunities. The office exists to stabilize incidents, execute fixes, automate root causes, and enforce governance, then transition outcomes back into the operating model.

Functional Coverage
  • Liquidity & Funding Operations
  • Collateral and Margin Management
  • Payments and Clearing
  • Nostro Reconciliations & Controls


What will you do?

1. Strategic Control Tower & Governance
  • Maintain and evolve the execution governance framework across all pillars.
  • Track escalations, SLA compliance, and threshold breaches to ensure accountability and early risk identification.
  • Maintain the prioritized execution backlog aligned to risk-weighted impact.
  • Identify systemic execution weaknesses requiring structural change.


2. Executive Reporting & Transparency
  • Own production of senior leadership updates, including management committee materials, risk summaries, and execution status reports.
  • Produce concise, decision-oriented materials for governance forums.
  • Maintain audit-ready documentation for all engagements.


3. Incident Response Support & Post-Incident Remediation
  • Assist the Head of Operational Excellence during high-severity incident coordination, including containment actions and escalation management.
  • Own post-incident root cause analysis across process, data, systems, and governance.
  • Track and drive remediation actions to closure.
  • Ensure lessons learned are captured and controls are implemented to prevent recurrence.


4. Risk & Control Execution
  • Partner with Operational Risk, Compliance, and Internal Audit on issue capture and severity assessment.
  • Track execution of audit, MRA, MRAI, and regulatory remediation commitments.
  • Support design of preventive and detective controls as part of remediation.


5. Automation & Structural Remediation (Opportunity Identification)
  • Identify recurring execution failures driven by manual, fragmented, or spreadsheet-based processes.
  • Partner with business manager and product lead to deliver the business case for automation solutions, quantifying benefits in terms of risk reduction, capital efficiency, and cost savings.


6. Cross-Functional Coordination
  • Engage with Operations, Technology, Risk, Finance, and Front Office stakeholders to resolve ownership gaps and competing priorities during execution events.
  • Attend cross-functional forums alongside the Head of Operational Excellence, transitioning to independent representation as confidence builds.
  • Build and maintain ongoing relationships with Technology and Risk partners to ensure alignment on priorities, facilitate timely execution, and support proactive issue resolution.


What do you need to succeed?

Required
  • 7+ years of relevant experience in capital markets with exposure to at least one of: Liquidity & Funding Operations, Collateral Management, Payments & Clearing, or Nostro Reconciliations & Controls.
  • Strong verbal and written communication skills - ability to produce clear, executive-ready materials.
  • Proven ability to work cross-functionally and influence without direct authority.


Preferred
  • CFA designation is a plus.
  • Familiarity with operational risk frameworks, control design, and governance processes.
  • Experience in incident management or post-incident remediation.
  • Understanding of automation and digitization principles in an operations context.


What's in it for you?

  • 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 $125,000 - $165,000 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


#LI-KA2

Job Skills
Accountability, Escalation Management, Incident Management, Operational Risks, Prioritization, Problem Resolution, Process Governance, Risk Control

Additional Job Details

Address:

GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITY

City:

Jersey City

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-06-16

Application Deadline:

2026-07-21
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

About Royal Bank of Canada

Royal Bank of Canada Careers

Join the dynamic team at Royal Bank of Canada (RBC), a global leader in financial services and a company committed to excellence and innovation. At RBC, we offer a wide range of job opportunities that empower professionals to shape their career paths with leadership, diversity training, and continuous growth.

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At Royal Bank of Canada, we are not just hiring; we are building a culture of innovation and leadership. Our team members are at the forefront of the financial industry, driving transformation and delivering targeted solutions that meet the evolving needs of our clients and communities.

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Kickstart your career with an internship at Royal Bank of Canada. Our internships provide invaluable hands-on experience, networking opportunities, and insights into the financial services industry. Interns at RBC gain the skills necessary to excel and are often considered for full-time positions within the company.

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At RBC, we prioritize the well-being and satisfaction of our employees. Our benefits package is designed to support our team members at every stage of their life and career. RBC’s culture is built on a foundation of respect, integrity, and responsibility, fostering an environment where everyone can thrive.

Career Growth and Innovation

We believe in nurturing the potential of our employees through continuous learning and career development programs. At RBC, you will find endless opportunities to grow professionally through on-the-job experiences, formal training programs, and leadership development initiatives. Our commitment to innovation means we are constantly seeking out new ideas and perspectives, making RBC a perfect place for those who aim to lead and innovate.

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Diversity is our strength. At Royal Bank of Canada, we are committed to building an inclusive workplace where every employee feels valued and respected. Our diversity training programs are designed to educate and inspire, creating a more inclusive and equitable workplace.

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Learn more about Royal Bank of Canada
Size
86,007 employees
Market Cap
$130.3 billion
Industry
5 Year Trend
+8.7%
NASDAQ

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