At a Glance
- Tasks: Lead operational risk management and reporting to support strategic decision-making.
- Company: Join a dynamic team at RBC, a leader in wealth management.
- Benefits: Enjoy competitive pay, bonuses, flexible benefits, and career development opportunities.
- Other info: Collaborative environment with opportunities for growth and innovation.
- Why this job: Make a real impact by enhancing risk insights and driving best practices.
- Qualifications: Strong background in risk management and advanced reporting tools like Tableau.
The predicted salary is between 43200 - 72000 £ per year.
This is a key role in ensuring best-in-class Operational Risk and Management reporting practices, providing management with key risk insights to enable sound business decisions. Through effective delivery of high-quality reporting and analysis, the Manager will enable management to ‘join the dots’, ensuring consistency in practice, and offering a streamlined, standardised reporting regime underpinned by their cross-product/’whole business knowledge and mandate. In addition to reporting, the Manager will contribute to our centralised Operational Risk Practices, including the risk and control self-assessment (RCSA), establishing Risk Appetite Measures and Key Risk Indicators.
RBC’s expectation is that all employees and contractors will work in the office with some flexibility to work up to 1 day per week remotely, depending on working arrangements.
What will you do?
- Contribute within a team under a shared services framework for the development, production, and delivery of a suite of Board, Committee and MI/risk reports measuring Operational and Conduct risk insights for each Line of Business and Wealth Management Europe (WME) overall.
- Support the annual RCSA cycle, ensuring consistency in application of framework requirements across the businesses within Wealth Management Europe. Deliver quarterly updates resulting from changes to the risk and control environment and agree risk profiles.
- Support the annual Wealth Management (WM) Risk Appetite Refresh cycle, ensuring delivery of an insightful set of metrics that adequately support the business in preventing and detecting key operational risks.
- Collaborate with each Line of Business in WME to determine reporting and analysis needs and provide ad hoc/custom reports and presentations to enhance decision making.
- Provide the business with a centre of excellence offering guidance, consultation, coordination and execution capabilities across strategic thinking, governance and reporting deliverables.
- Drive the continuous improvement effort by proactively identifying enhancement and/or optimization opportunities within existing reports such that only key data/metrics are delivered to the users.
- Look within and outside RBC for best practices in supporting enhanced strategic reporting and decision making.
- Keep abreast of the industry and benchmarks RBC where appropriate integrating learnings into strategic reporting where required, focusing on advanced reporting techniques including the use of AI, and advanced reporting platforms.
- Provide thought leadership to impact, influence and drive a standardised/best-in-class approach to reporting, prioritising consistency, efficiency and reusability.
What do you need to succeed?
- Strong experience in risk management practices, including RCSA, Risk Appetite, and KRIs, and risk thematics.
- Proven experience in using key data points in designing and developing complex reporting using advanced reporting platforms, such as Tableau and Business Objects.
- Demonstrable experience in working with and implementing AI technologies.
- Comfortable engaging with senior management.
- Understanding of RBC Risk Framework.
- Demonstrated experience in framing stories - shaping insights, data, or ideas into coherent narratives that influence decision-making and drive action.
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 take on progressively greater accountabilities.
Manager, Operational RIsk Management, Risk Reporting and Innovation and Framework Implementation in Edinburgh employer: RBC
Contact Detail:
RBC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Manager, Operational RIsk Management, Risk Reporting and Innovation and Framework Implementation in Edinburgh
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their risk management practices and be ready to discuss how your experience aligns with their needs. Show them you’re not just another candidate!
✨Tip Number 3
Practice your storytelling skills! Frame your experiences in a way that highlights your achievements and how they relate to the role. This will help you create a compelling narrative that resonates with interviewers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of our team at StudySmarter.
We think you need these skills to ace Manager, Operational RIsk Management, Risk Reporting and Innovation and Framework Implementation in Edinburgh
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in risk management practices, especially RCSA and KRIs. We want to see how your skills align with the role, so don’t hold back on showcasing your relevant achievements!
Showcase Your Reporting Skills: Since this role is all about delivering high-quality reporting, include examples of complex reports you've designed using advanced platforms like Tableau. We love seeing how you can turn data into insights that drive decision-making.
Engage with the Job Description: Read through the job description carefully and address the key responsibilities and requirements in your application. We’re looking for candidates who can demonstrate their understanding of our operational risk framework and how they can contribute to it.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at RBC
✨Know Your Risk Management Inside Out
Make sure you brush up on your knowledge of risk management practices, especially RCSA, Risk Appetite, and KRIs. Be ready to discuss how you've applied these concepts in previous roles, as this will show your expertise and understanding of the key responsibilities of the position.
✨Showcase Your Reporting Skills
Prepare examples of complex reporting you've designed using advanced platforms like Tableau or Business Objects. Highlight how your reports have influenced decision-making and improved operational risk insights, as this aligns perfectly with what the company is looking for.
✨Engage with Confidence
Since you'll be engaging with senior management, practice articulating your thoughts clearly and confidently. Frame your insights into coherent narratives that can drive action, demonstrating your ability to communicate effectively at all levels.
✨Stay Updated on Industry Trends
Familiarise yourself with the latest trends in operational risk management and reporting, including the use of AI technologies. Being able to discuss how these advancements can enhance strategic reporting will set you apart as a forward-thinking candidate.