Senior Operational Risk Analyst

Senior Operational Risk Analyst

The Senior Operational Risk Analyst will support Wealth Management U.S. business and operational risk processes and initiatives. This role will be part of WM-U.S. First Line of Defense function, with responsibilities related to Enterprise and CUSO Risk Management activities. Responsibilities could include Control Self Assessments, internal and external risk event identification and documentation with the goal to reduce operational risk for the business and meet Enterprise and CUSO expectations, while helping support and facilitate the WM-U.S. business' continued growth. The Senior Operational Risk Analyst will work closely with senior leaders across the organization and a variety of partners and leaders across lines of business and functional groups to execute the ORM program, performing critical risk management activities and support business solutions that satisfy team and stakeholder needs, while exploring opportunities for value-add and efficiencies in helping the firm achieve its business objective.

What will you do?

• Perform Control Self Assessments within WM-U.S. and ensure they are completed satisfactorily and timely.
• Perform in-depth Control Self Assessments around plausible risks, controls, and key processes.
• Work with stakeholders to develop action plans where risks are outside of risk appetite.
• Work with key business partners to identify operational and business risks and linkages with controls within WM-U.S. and ensure risks are appropriately documented on the firm's Risk Register.
• Responsible for report creation and will support the continuous improvement of reporting processes and methodologies that reflect industry standards and internal best practices.
• Manage the collection, aggregation, and analysis of operational risk data for both internal and external stakeholders across multiple risk domains.
• Assist in the refresh and maintenance of effective operational risk reports and templates.
• Partner closely with risk colleagues to fulfill overall business risk objectives.
• Perform ad hoc duties and initiatives related to broader areas of business and operational risk.
• Work under pressure in a fast-paced and deadline-driven environment with multiple competing priorities.

What do you need to succeed?

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 includes competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off. 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 build close relationships with clients. The expected salary range for this particular position is $65,000-$115,000, depending on your experience, skills, and registration status, market conditions and business needs. You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

Job Skills : Business Process Design, Decision Making, Financial Risk Management, Operational Risks, Risk Control, Risk Management, Teamwork

Additional Job Details : Address : 250 NICOLLET MALL : MINNEAPOLIS City : Minneapolis Country : United States of America Work hours / week : 40 Employment Type : Full time Platform : WEALTH MANAGEMENT Job Type : Regular Pay Type : Salaried

Inclusion and Equal Opportunity Employment : At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.