Senior Manager, Risk Advice

Risk Advice Senior Manager, Business Risk Oversight

RBC US Wealth Managing is building out our credit, lending and cash management products and capabilities. As a Risk Advice Senior Manager, Business Risk Oversight, you will provide risk advice and guidance to product managers and other business owners within this developing business along with other areas of Wealth Management. In this role you will apply professional judgment to solve problems and find solutions to complex business risk scenarios through collaboration and consensus-building with multiple stakeholders.

What will you do?

• Assist product managers and other business owners in evaluating and synthesizing regulatory, legal, operational and other risk considerations to find strategic solutions that enable the business within RBC's risk appetite
• Help business partners develop policy requirements and design supporting processes and controls, including field procedures, supervisory procedures and system controls
• Provide guidance to business partners in navigating business line and Enterprise formal risk governance requirements
• Lead and participate in risk- and business-driven projects
• Collaborate with Business Risk Oversight colleagues, including the supervision, surveillance, operational risk, policy and disclosure management teams, as well as functional groups, such as Compliance, Law Group and Enterprise Group Risk

What do you need to succeed?

Must-have

• 6+ years' experience in a strategic business risk/compliance or product management role focused on credit/lending/cash management products/solutions and risk management, preferably within a wealth management environment
• Exceptional verbal and written communication skills
• Exceptional problem solving and leadership skills with the ability to deescalate conflict and reach consensus
• Effective organizational skills, including the ability to multitask, prioritize, and delegate where appropriate
• Securities Industry Essentials (SIE) exam or able to obtain within 180 days of employment

Nice-to-have

• JD, MBA or another advanced degree
• Securities/broker-dealer risk, compliance, legal, product manager/business experience
• Series 7, 66 and 24 registrations

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 include 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 $99,000-$176,000, (Chicago), $90,000-$160,000, (Minneapolis), 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.

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

• Drives RBC's high-performance culture
• Enables collective achievement of our strategic goals
• Generates sustainable shareholder returns and above market shareholder value

Job Skills: Analytical Thinking, Business, Commercial Acumen, Communication, Critical Thinking, Data Compilation, Decision Making, Group Problem Solving, Long Term Planning, Management Reporting, Negotiation, Organizational Change Management, Planning Ability, Professional Presentation, Researching, Solutions Development

Job Type: Regular

Employment Type: Full time

Platform: WEALTH MANAGEMENT

Work hours/week: 40

Pay Type: Salaried

Location: Minneapolis, United States of America