Business Risk Analyst

Business Risk Analyst

Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
Royal Bank of Canada

At a Glance

  • Tasks: Support audits and enhance risk management in a dynamic Wealth Management team.
  • Company: Join RBC, a leader in financial services with a focus on collaboration and growth.
  • Benefits: Flexible work options, professional development, and a supportive team environment.
  • Why this job: Make a real impact in risk management while working with top professionals in the field.
  • Qualifications: Experience in risk management or audit, strong communication skills, and an analytical mindset.
  • Other info: Engage in diversity initiatives and enjoy excellent career growth opportunities.

The predicted salary is between 36000 - 60000 £ per year.

We are seeking a Business Risk Analyst to join our dynamic Wealth Management Europe (WME) Business Risk function. In this role, you will act as a key risk partner, collaborating with stakeholders across the business and the three lines of defence to embed a strong risk culture, drive strategic outcomes, and ensure compliance with regulatory and corporate requirements. 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?

  • Audit Partnering: Support the end-to-end internal/external audit process, ensuring audits are managed efficiently with minimal business disruption. Act as the primary liaison between WME functions, 2nd Line of Defence (2LOD), and 3rd Line of Defence (3LOD) to ensure alignment and consistency throughout the audit lifecycle. Coordinate audit plans, scope, and timelines across WME, ensuring stakeholder agreement and adherence. Facilitate audit requests, review findings, and ensure timely sign-off and issue resolution.
  • Risk Partnering: Lead the development of risk reporting and profiles (e.g., Data Risk Profile) to enhance risk management capabilities. Drive continuous improvements in business risk management practices.
  • Inclusion and Belonging: Actively participate in RBC's diversity, equity, and inclusion initiatives, including events like Culture & Community Day.

What do you need to succeed?

  • Must-have: Proven experience in risk management, audit, or a related field within financial services. Strong understanding of investment management and wealth management operations. Excellent stakeholder management and communication skills. Ability to collaborate effectively with 1st, 2nd, and 3rd Lines of Defense. Analytical mindset with a focus on process improvement and risk mitigation.
  • Nice to have: Existing knowledge of RBC's culture, conduct, and values. Familiarity with regulatory requirements in wealth management. Experience with audit lifecycle management and risk profiling tools.

What is 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.
  • Leaders who support your development through coaching and managing opportunities.
  • Opportunities to work with the best in the field.
  • Ability to make a difference and lasting impact.
  • Work in a dynamic, collaborative, progressive, and high-performing team.

Application Information: Applications will be accepted until 11:59 PM on the day prior to the application deadline date. The application deadline is 2026-03-20.

Business Risk Analyst employer: Royal Bank of Canada

RBC is an exceptional employer for a Business Risk Analyst, offering a dynamic work environment within the Wealth Management Europe team. With a strong emphasis on professional development, employees benefit from coaching and opportunities to collaborate with industry leaders, all while contributing to a culture of diversity, equity, and inclusion. Located in a vibrant city, RBC fosters a high-performing team atmosphere that encourages innovation and meaningful impact in the financial services sector.
Royal Bank of Canada

Contact Detail:

Royal Bank of Canada Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Business Risk Analyst

✨Tip Number 1

Network like a pro! Reach out to folks in the industry, especially those already at RBC or similar firms. A friendly chat can open doors and give you insights that might just set you apart from the crowd.

✨Tip Number 2

Prepare for interviews by diving deep into risk management topics. Brush up on your knowledge of audit processes and regulatory requirements. The more you know, the more confident you'll feel when discussing your experience and ideas.

✨Tip Number 3

Showcase your analytical skills! Bring examples of how you've improved processes or mitigated risks in past roles. Real-life stories resonate well and demonstrate your capability to drive strategic outcomes.

✨Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're serious about joining our dynamic team at RBC.

We think you need these skills to ace Business Risk Analyst

Risk Management
Audit Management
Stakeholder Management
Communication Skills
Collaboration
Analytical Mindset
Process Improvement
Risk Mitigation
Understanding of Investment Management
Understanding of Wealth Management Operations
Familiarity with Regulatory Requirements
Experience with Audit Lifecycle Management
Experience with Risk Profiling Tools

Some tips for your application 🫡

Tailor Your CV: Make sure your CV speaks directly to the role of Business Risk Analyst. Highlight your experience in risk management and audit, and don’t forget to mention any relevant skills that align with the job description.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you’re passionate about risk management and how your background makes you a perfect fit for our team. Be genuine and let your personality come through.

Showcase Your Stakeholder Skills: Since this role involves collaborating with various stakeholders, make sure to provide examples of how you've successfully managed relationships in the past. We want to see your communication skills in action!

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’s super easy to do!

How to prepare for a job interview at Royal Bank of Canada

✨Know Your Risk Management Basics

Make sure you brush up on your risk management principles and practices. Understand the key concepts related to audit processes and how they apply to wealth management. This will help you speak confidently about your experience and how it aligns with the role.

✨Showcase Your Stakeholder Skills

Prepare examples that highlight your ability to manage stakeholders effectively. Think of situations where you collaborated with different teams or departments, especially in a financial services context. This will demonstrate your communication skills and your understanding of the three lines of defence.

✨Familiarise Yourself with RBC's Culture

Research RBC’s values and culture before the interview. Being able to discuss how your personal values align with theirs, especially regarding diversity, equity, and inclusion initiatives, will show that you’re not just a fit for the role but also for the company.

✨Prepare for Scenario-Based Questions

Expect questions that ask you to solve hypothetical problems related to risk management and audits. Practice articulating your thought process clearly and logically. This will showcase your analytical mindset and your focus on process improvement and risk mitigation.

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