Royal Bank of Canada

Senior Manager, Risk Identification

Royal Bank of Canada$110K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance, Business Administration, Risk Management, or related field.
  • Extensive experience in risk governance and management in the financial services industry.
  • Proficient in risk management focusing on risk and control methodologies and non-financial risks.
  • Experience in developing and executing risk identification and assessment frameworks in complex organizations.
  • Advanced understanding of regulatory requirements and standards.

Responsibilities

  • Lead execution and refinement of risk identification and control assessment methodologies.
  • Execute Read-Across and Quality Control exercises, providing strategic risk insights and recommendations.
  • Design and deliver specialized risk training sessions and materials for stakeholders.
  • Identify and drive continuous improvement of risk management processes and tools.
  • Participate in large-scale transformational projects and initiatives.

Benefits

  • Comprehensive Total Rewards Program including bonuses and flexible benefits.
  • Supportive leaders focused on employee development through coaching and managing opportunities.
  • Opportunity to make a significant impact within the organization.
  • Collaborative and high-performing team environment.
  • World-class training program in financial services.
Full Job Description
Job Description

What is the opportunity?

The Enterprise Chief Controls Office (ECCO) is seeking a Senior Manager, Risk Identification to join the Practice Management team as a key member of our First Line of Defense (1LOD) group. In this role, you will execute hands-on risk identification and assessment activities while supporting standardized execution of Enterprise risk and control frameworks. This position offers the opportunity to work on complex risk assignments of large scope and enterprise-wide impact, where your advanced analyses, business and risk acumen and innovative problem solving supports senior stakeholder decision-making.

What will you do?

The Senior Manager, Risk Identification is responsible for the execution and continuous improvement of risk and control methodologies and analyses. This ensures appropriate identification, assessment, and coverage of Non-Financial Risk categories across the first line of defense (1LOD). The Senior Manager will drive standardization, support regulatory compliance, and provide analytical and advisory insights to key stakeholders.
  • Risk and Control Methodology Execution: Lead the execution and refinement of risk identification and control assessment methodologies, ensuring enterprise-wide consistency and rigor. This includes conducting deep dives and thematic reviews of 1LOD Risk and Control Self-Assessments (RCSAs) and risk/control registers, identifying emerging risks and control gaps.
  • Analysis and Management of Non-Financial Risks (NFRs): Execute and lead Read-Across and Quality Control exercises, providing strategic insights and recommendations to enhance control quality and consistency across the 1LOD teams. Advise on non-financial risk categories, guiding business partners in interpreting and applying risk frameworks, analyzing control adherence to internal policies and external regulatory requirements, ensuring alignment and compliance. This includes identifying and recommending opportunities for process standardization and best practice adoption across business units and supporting reporting and executive level presentations.
  • Training, Capability Development and Stakeholder Engagement: Design and deliver specialized training sessions and materials on risk and control topics, leveraging data-driven insights and collaborating with stakeholders across the organization to communicate risk findings, provide insights, and support enhancement opportunities. Identify and drive continuous improvement initiatives for risk management processes and tools, proactively recommending enhancements.
  • Participate in large-scale transformational projects and initiatives.


What do you need to succeed?

Must have:
  • Bachelor's degree in finance, Business Administration, Risk Management or other related field; extensive experience in risk governance and management within the financial services industry.
  • Experience in risk management, with a focus on risk and control methodologies and non-financial risk categories.
  • Knowledge in developing and executing risk identification and assessment frameworks in a large, complex organization.
  • Advanced understanding of internal and external regulatory requirements and standards.
  • Strong analytical skills with demonstrated ability to translate risk data insights into meaningful training programs and educational materials for diverse audiences.


Nice-to-have:
  • MBA, CRM, FRM, GRC or other related designations.
  • Analytical Thinking: Ability to collect, interpret, and synthesize complex risk data to inform decision making and identify emerging trends.
  • Technical Proficiency: Familiarity with risk management software and tools, and the ability to leverage technology to enhance risk identification and control processes.
  • Training Design and Development: Ability to develop risk management training programs that address identified gaps, enhance organizational risk awareness, and ensure alignment with enterprise objectives and regulatory requirements.


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
  • A world-class training program in financial services
  • Flexible work/life balance options
  • Opportunities to do challenging work
  • Opportunities to take on progressively greater accountabilities


#LI-POST

Job Skills
AI Risk Management, Business Risk Management, Collaboration, Communicating for Results, Communication, Continuous Improvement, Decision Making, Operational Risks, Operation Risk Management, Quality Risk Management, Regulatory Compliance, Risk Control, Risk Management, Risk Management Analysis, Taking Initiative, Teamwork

Additional Job Details

Address:

BAY WELLINGTON TOWER, 181 BAY ST:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

CHIEF LEGAL & ADMIN OFFICE GRP

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-09-10

Application Deadline:

2026-10-12
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.

Work You’ll Do

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.

Explore Job Opportunities and Employment at RBC

Whether you are starting your career or looking to take it to the next level, RBC offers positions that challenge your skills and fuel your ambition. From entry-level positions to leadership roles, our job opportunities span across various functions and regions. Join us and be part of a team that values professional growth and diversity.

Internship and Professional Development

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.

Benefits and Culture

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.

Diversity and Inclusion

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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Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. Start your journey with RBC today and be part of a world-class team known for its commitment to client service, community involvement, and innovation.

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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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