Senior Manager 1LoD Business Controls Manager - Securities Based Lending

Job Description

What is the Opportunity?

Under direction of the Director, 1LoD Business Controls Officer - Lending, the Senior Manager, 1LoD Business Controls Manager plays a key role in the control identification for RBC Bank's Securities Based Lending (SBL) products and broader lending businesses. With a primary strategic focus on SBL risk and control governance, this role serves as trusted adviser and subject matter expert to business leaders ensuring effective risk and control governance, regulatory compliance, and operational effectiveness.

What will you do?

• Act as the lead control and risk subject matter expert for Securities Based Lending (SBL) products across operational risk stripes
• Develop and enhance SBL control frameworks aligned with regulatory requirements
• Lead SBL-focused control health assessments and reporting to executive leadership
• Lead process mapping efforts specific to the SBL business with secondary support for the broader lending business
• Identify, design, assess, maintain and document controls according to Internal Control standards within risk systems and link to risk registers
• Develop periodic monitoring of key and non-key control effectiveness for SBL business controls
• Assist with internal and external exams for Lending business including request collection, tracking and quality review
• Review controls for alignment with regulations and ensure connectivity within risk and compliance systems
• Identify control deficiencies and potential issues in partnership with business teams and develop timely and sustainable remediation strategies
• Refresh key and non-key controls based on an annual schedule
• Develop control health reporting with metrics and provide risk commentary to executive leadership and risk forums
• Ensure regulatory compliance risk assessments are completed timely
• Review and verify controls are established and documented to support issue closures
• Support regulatory matters as required
• Collaborate closely with colleagues across the 2nd and 3rd lines to strengthen the control environment and enhance risk management practices
• Identify risk & control improvement opportunities and challenge the effectiveness of control design as required
• Participate in the Risk and Control Self Assessments (RCSA's), Process RCSAs, and Risk Register activities to identify potential risks
• Advise on Key Risk Indicators (KRI's) in alignment with Risk Appetite
• Isolate root control failures and provide recommendations for remediation and control uplift
• Support business partners with identification and escalation of Operational Risk Events (OREs) with investigations and remediation to prevent recurrence
• Partner with 1LoD control testing team to provide control walkthroughs and evidence in partnership with control owners
• Provide informed and valuable risk and control perspectives to executive management. Implement corrective measures as needed.
• Contribute to the development of a robust risk culture, risk conduct, and risk literacy within the first line of defense, including design and implementation of preventive and detective controls relating to RBC Banking activities
• Build and sustain effective relationships and alliances both internally and across business and functional areas to help deliver results and to ensure opportunities are identified, analyzed and managed appropriately. Understand interdependencies to achieve success.
• Ensure 1LoD Business Controls procedures remain current

What do you need to succeed?

Must-have:

• 7-10 years of experience in a risk and control function such as risk management, internal audit, compliance
• 5+ years in the financial services or other regulated industries
• Experience with lending risks including regulations
• Strong communication skills (written and oral)
• Self-motivated professional
• Bachelors' degree, or equivalent
• Securities based lending (SBL) risk management expertise
• Strong understanding of regulatory requirements specific to SBL
• Control design and implementation expert
• Strong RCSA and process mapping experience
• Experience with operating in a highly matrixed environment
• Strong interpersonal, verbal, and written communication skills.
• Previous experience in financial services industry and/or risk management.
• Strong understanding of lending regulations
• Experience with Archer system and corresponding risk modules
• Technology savvy / self-sufficient with excellent working knowledge of Confluence, Sharepoint, MS Office applications (including Excel and Powerpoint), Archer, Tableau/Power BI
• Demonstrated ability to think critically and work collaboratively effort.
• Self-motivation, discipline, task focus, the ability to structure and present work. and a proven record of delivering high quality results within strict deadlines.
• Must have the ability to multitask and prioritize several concurrent initiatives.

Nice to have:

• Master's Degree
• Risk management professional certifications

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, 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
• A world-class training program in financial services
• Flexible work/life balance options
• Opportunities to do challenging work

#LI-Post

#TECHPJ

Job Skills
Communication, Financial Instruments, Fraud Risk Management, Long Term Planning, Operational Risks, Risk Control, Risk Management, Waterfall Model

Additional Job Details

Address:

8081 ARCO CORPORATE DRIVE:RALEIGH

City:

Raleigh

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

PERSONAL & COMMERCIAL BANKING

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-05-28

Application Deadline:

2026-06-15
Note : Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.

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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.