Royal Bank of Canada

Vice President, Business Risk Management

Royal Bank of Canada$115K — $165K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years' experience in Risk Management
  • Strong communication skills
  • Ability to grasp big picture concepts while paying attention to detail
  • Proven ability to influence diverse stakeholders
  • Strong problem-solving skills with a results-oriented approach

Responsibilities

  • Evaluate the effectiveness of internal controls and risk management practices
  • Identify and assess risks and controls within RBC Clear
  • Support ongoing monitoring of Risk Profile and Control Effectiveness
  • Provide expert insights on Fraud Risk in major initiatives
  • Foster relationships with internal teams to enhance risk management
  • Support the Fraud Risk Management program operations

Benefits

  • A comprehensive Total Rewards Program including bonuses and flexible benefits
  • Development opportunities through coaching
  • Work in a dynamic, collaborative, high-performing team
  • Challenging work opportunities
  • Flexible work/life balance options
Full Job Description
Job Description

What is the opportunity?

Reporting to the Director, Business Risk Management, the employee will be a key contributor to the Business Risk Management program for the RBC Clear Business. Working closely with partners in the 1LoD and 2LoD including the CM Operational Risk, Controls & Governance team, 2LoD Risk team(s), RBC Clear Ops team, RBC Clear Products team and PMO teams, this role will support the continued build out of a highly effective Risk Management practice within the RBC Clear business.

What will you do?
  • Evaluate the effectiveness of internal controls, risk management practices, and corporate governance processes within RBC Clear.
  • Ability to identify and assess risks and controls within RBC Clear and provide guidance to the Ops and Product teams in the creation and execution of controls.
  • Support the Director in ongoing monitoring of Risk Profile and Control Effectiveness and reporting to Senior Leadership.
  • Provide expert insights on Risks (including Fraud Risk) associated with major change initiatives, process improvements, and transformational projects.
  • Foster and maintain relationships with the 1LoD CM Operational Risk, Controls and Governance team, Fraud Risk Centre of Governance and 2LoD Risk team(s) to facilitate collaboration and effective Risk Management.
  • Support the Director, Business Risk Management in the day-to-day operation of the RBC Clear Fraud Risk Management program including Fraud investigations and identifying and implementing enhancements to the program.


What do you need to succeed?

Must-have
  • 5+ years' experience in Risk Management
  • Strong communication skills
  • Ability to both grasp big picture concepts and demonstrate rigorous attention to detail
  • Ability to influence a diverse group of stakeholders and demonstrate strong collaboration skills across the organization
  • Strong problem-solving skills with a results-oriented mindset


Nice-to-have
  • Cash Management Subject Matter Expertise
  • Fraud Risk Management Subject Matter Expertise


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 bonuses and flexible benefits, competitive compensation
  • Leaders who support your development through coaching and managing opportunities
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Opportunities to do challenging work
  • Flexible work/life balance options


Job Skills
Analytical Thinking, Business Oriented, Business Performance Management, Business Process Modeling, Communication, Critical Thinking, Decision Making, Fraud Management, Interpersonal Relationship Management, Process Management

Additional Job Details

Address:
RBC CENTRE, 155 WELLINGTON ST W:TORONTO
City:
Toronto
Country:
Canada
Work hours/week:
37.5
Employment Type:
Full time
Platform:
CAPITAL MARKETS
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2026-06-25
Application Deadline:
2026-07-12
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate's experience, skills, registration status, performance, individual goals, market conditions, and business needs.

Pay Range

The expected pay range for this position is:
$115,000.00 - $165,000.00

The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay rage for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable.

You have the potential to earn RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided that business meets its performance targets and you meet your individual goals.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

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.

Stay Connected

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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
5 Year Trend
+8.7%
NASDAQ

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