At a Glance
- Tasks: Strengthen operational risk management and deliver insightful reporting for sound business decisions.
- Company: Join RBC, a leading bank committed to innovation and community impact.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Dynamic team culture with opportunities for growth and learning.
- Why this job: Make a real difference in risk management while working with cutting-edge technologies.
- Qualifications: Strong knowledge of risk management and experience with AI technologies.
The predicted salary is between 51750 - 63250 £ per year.
This 12 month fixed term contract 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 Analyst 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 Analyst will contribute to our centralised Operational Risk Practices.
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 to strengthening the Wealth Management Europe control environment within a team under a shared services framework for the delivery of the annual control assessment requirements for the year.
- Support the annual control assessment planning following a data-driven approach.
- Develop and execute innovative testing approaches, using analytical tools and AI.
- Work directly with business partners to ensure that their control documentation meets the requirements of the control assessment standards, including identifying control gaps and opportunities to rationalise key controls.
- Communicate results to stakeholders at different levels of the organisation.
- 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 innovative control assessment techniques.
- Keeps abreast of the industry and benchmarks RBC where appropriate integrating learnings into control assessment activities.
- 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?
- Must-have
- Strong knowledge of risk management practices, control assessment and other Operational Risk framework elements.
- Exceptional technical skills in documenting controls, control objectives, and integrating controls into the broader Operational Risk framework.
- Demonstrable experience in conducting complex control assessments.
- Demonstrable experience in working with and implementing AI technologies.
- Comfortable engaging with senior management, and clearly communicating points of view.
- Nice-to-have
- Understanding of RBC Risk Framework.
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.
- 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.
Manager, Operational Risk Management, Control Assessment (12 Month Fixed Term Contract) in London employer: Royal Bank of Canada
At RBC, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our London office provides employees with flexible working arrangements, including the opportunity for remote work, alongside comprehensive training and development programmes to support your career growth in the private wealth sector. Join us to be part of a team that values your contributions and invests in your future.
StudySmarter Expert Advice🤫
We think this is how you could land Manager, Operational Risk Management, Control Assessment (12 Month Fixed Term Contract) in London
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Royal Bank of Canada.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Royal Bank of Canada might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Manager, Operational Risk Management, Control Assessment (12 Month Fixed Term Contract) in London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Royal Bank of Canada will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Royal Bank of Canada. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Royal Bank of Canada confidence in your short-term commitment to the role.
How to prepare for a job interview at Royal Bank of Canada
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Royal Bank of Canada.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Royal Bank of Canada that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
