Royal Bank of Canada

Senior Manager, Strategic Transformation & Enterprise Risk Governance

Royal Bank of Canada • $110K — $130K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
5 - 7 years of experience
Today
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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 financial services
  • Proven expertise in risk and control methodologies focusing on non-financial risks
  • Advanced knowledge of regulatory requirements and internal standards
  • Strong analytical skills with a track record in complex risk analyses
  • Ability to effectively influence stakeholders across all Lines of Defense
  • Experience managing regulatory and audit engagements
  • Demonstrated capability in change leadership and transformation management

Responsibilities

  • Design and implement change management strategies aligned with business objectives
  • Conduct organizational readiness and stakeholder impact analyses
  • Develop communication, training, and adoption programs for new control frameworks
  • Manage change control processes and monitor transformation metrics
  • Lead the execution and refinement of risk identification and control assessment methodologies
  • Analyze control adherence to policies and regulatory requirements
  • Establish and maintain the centralized Enterprise Control Library for Key Controls

Benefits

  • Comprehensive Total Rewards Program including bonuses and flexible benefits
  • Leadership support for professional development through coaching
  • Opportunities to make a significant impact within the organization
  • Dynamic and collaborative work environment
  • World-class training program in financial services
  • Flexible work/life balance options
  • Challenging work opportunities
  • Possibility of progressively greater responsibilities
Full Job Description
Job Description

What is the Opportunity?

The Senior Manager, Strategic Transformation & Enterprise Risk Governance is responsible for the execution and continuous improvement of strategic change management, risk and control methodologies, and the establishment of the centralized Enterprise Control Library. This role ensures appropriate identification, assessment, and coverage of Non-Financial Risk categories across the first line of defense while driving enterprise-wide transformation. The Senior Manager will drive standardization, support regulatory compliance, remediate control environment deficiencies, and provide analytical and advisory insights to key stakeholders and all Lines of Defense.

What will you do?

Strategic Change Management & Governance (35%)
  • Design and implement change management strategies aligned with business objectives and transformation priorities
  • Conduct organizational readiness and stakeholder impact analyses to identify capability gaps and resistance points
  • Develop change communication, training, and adoption programs for new control frameworks and methodologies
  • Manage change control processes and monitor transformation metrics to ensure successful execution
  • Build change management capability across business units and all Lines of Defense


Risk and Control Methodology Execution (25%)
  • Lead the execution and refinement of risk identification and control assessment methodologies, ensuring enterprise-wide consistency and rigor
  • Develop and enhance risk and control documentation, templates, and reporting tools aligned with RBC's Internal Control Management Standard (ICMS)
  • Identify opportunities for process standardization and best practice adoption across business units
  • Analyze control adherence to internal policies and external regulatory requirements, ensuring alignment and compliance


Enterprise Control Library Development & Governance (30%)
  • Lead top-down enterprise control development following RBC's Internal Control Management Standard (ICMS) methodology
  • Proactively identify and understand risks impacting the enterprise within designated risk stripes - operational risk domains.
  • Create standardized control descriptions using the Standardized Control Description Tool, addressing six key dimensions: When, Who, What, How, Why, and Where
  • Establish and maintain the centralized Enterprise Control Library in ORMS as the authoritative repository for Key Controls with enterprise-wide applicability
  • Validate design effectiveness and ensure accurate classification of controls to appropriate risk stripes
  • Drive remediation of control environment deficiencies identified by regulators, 2LOD, and 3LOD through engagement with Control Owners and stakeholders


Training, Capability Development & Stakeholder Engagement (10%)
  • Design and deliver specialized training sessions and materials on risk, control, and change management topics leveraging data-driven insights
  • Develop procedure documents and implementation guides for enterprise control adoption
  • Build risk management and control library capability across business units and all Lines of Defense
  • Collaborate with Control Owners, 1LOD, 2LOD, 3LOD, and the Enterprise Chief Controls Office to refine controls, validate design effectiveness, and ensure alignment
  • Communicate risk findings and transformation progress to diverse audiences including senior management and regulators


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
  • Analytical skills with experience in conducting complex risk analyses and thematic reviews
  • Proven ability to influence and advise stakeholders and cross-platform teams across all Lines of Defense
  • Experience supporting regulatory and audit engagements
  • Change leadership and transformation management capabilities
  • Strong project management skills with ability to plan, execute, and oversee risk management and change initiatives


Nice-to-have
  • MBA, CRM, FRM, GRC, CIA, or CPA designations
  • Familiarity with risk management software and tools (ORMS, ICMS), and ability to leverage technology to enhance risk identification and control processes
  • Training design and development expertise; ability to develop, customize, and implement risk management training programs
  • Experience establishing or managing centralized control libraries or enterprise governance frameworks


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
Communication, Financial Instruments, Fraud Risk Management, Long Term Planning, Operational Risks, Risk Control, Risk Management, Waterfall Model

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:

2026-09-25

Application Deadline:

2026-10-31
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.

Join Our Team

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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Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities awaiting you at RBC. Explore the possibilities with Royal Bank of Canada, where your future is filled with potential and the path to success is paved with countless opportunities for professional and personal growth. Join us and shape not just your career but the future of the financial industry.
Learn more about Royal Bank of Canada
Size
86,007 employees
Market Cap
$130.3 billion
Industry
Finance & Insurance
5 Year Trend
+8.7%
NASDAQ
RY
* Ladders Estimates

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