Manager, Business Risk and Regulatory Initiatives

What is the opportunity?

Personal Financing Products (PFP) is seeking a naturally curious problem-solver with a passion for details on our Business Risk and Regulatory Initiatives team. This role supports all of PFP with respect to business risks, incident management, operational processes, remediations, forms changes, and regulatory impacts.
 
In this role, you will engage regularly with senior management, product owners, Compliance, General Counsel Group, Operational Risk, IT and Banking Operations partners to investigate and determine possible resolution for operational issues. You will champion ongoing risk mitigation and effective leveraging of “lessons learned” across all PFP products. You will be responsible for supporting specific initiatives and remediations, and development of new / enhanced processes with impact across PFP.

What will you do?

• Demonstrate knowledge of existing regulatory requirements pertaining to Home Equity Financing, Personal Lending and/or Auto Finance, and the potential issues with any new Regulatory changes.

• Conduct validations of financial calculations pertaining to cost of borrowing, loan interest, mortgage interest, and mortgage prepayment charges.

• Support the Director, Business Risk & Regulatory Initiatives on projects, investigations, and reviews of processes and regulations to identify and eliminate the risk of regulatory and other risks. 

• Manages small to medium size regulatory issues (Operational Risk Management assessment, regulatory, Compliance, Internal Audit, and Quality Assurance), through remediation / conclusion, working collaboratively with internal partner teams. 

• Assists with high quality execution of regulatory activities such as balancing of remediation accounts, completion of Operational Risk Events, and document changes.

• Leverage RBC Assist to simplify and optimize daily activities such as conducting research, summarizing and draft content, and analyzing data.

• Helps build a risk-resilient culture across PFP. 

What do you need to succeed?

Must have:

• Experience in financial services sector, and strong knowledge of credit processes and operations.

• Proven business acumen and credibility 

• Strong influencing, collaboration, and relationship building with excellent oral and written communication skills 

• Strategic mindset, with knowledge and understanding of RBC businesses and organization 

• Understanding of the Project Management Framework, Systems Development Lifecyle, User Acceptance and Post-Implementation testing, and Agile practices

• Excellent analytical and problem-solving skills, inquisitive nature and comfort in challenging current practices.

Nice to have:

• Experience in Risk Management, Compliance or Internal Audit.

• Knowledge of financial services regulatory landscape and Financial Consumer Protection Framework Regulations 

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.

• Ability to make a difference and lasting impact

• Work in a dynamic, collaborative, progressive, and high-performing team

• Opportunities to do challenging work

Job Skills

Business Risk Management, Collaboration, Problem Solving, Project Management, Taking Initiative, Working Independently

Additional Job Details

RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTOTorontoCanada37.5Full timePERSONAL & COMMERCIAL BANKINGRegularSalaried2026-04-132026-06-12

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.

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.