Senior Manager, Risk Advice
About the role
RBC US Wealth Management is building out its credit, lending, and cash management products and capabilities. As a Risk Advice Senior Manager in Business Risk Oversight, you will provide risk advice and guidance to product managers and other business owners within this developing business, as well as 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.
Responsibilities
- 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 supervision, surveillance, operational risk, policy, and disclosure management teams, as well as functional groups such as Compliance, Law Group, and Enterprise Group Risk.
Requirements
- 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 de-escalate conflict and reach consensus.
- Effective organizational skills, including the ability to multitask, prioritize, and delegate where appropriate.
- Securities Industry Essentials (SIE) exam or ability to obtain within 180 days of employment.
Qualifications
- Nice-to-have: JD, MBA, or another advanced degree.
- Securities/broker-dealer risk, compliance, legal, or product manager/business experience.
- Series 7, 66, and 24 registrations.
Skills
- Analytical Thinking
- Business and 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
Benefits
- A comprehensive Total Rewards Program, including competitive compensation and flexible benefits such as a 401(k) program with company-matching contributions, health, dental, vision, life, and 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.
- Potential to earn more through RBC’s discretionary variable compensation program, provided the business meets its performance targets and you meet your individual goals.
Pay
The expected salary range for this position is:
- $99,000–$176,000 (Chicago), depending on your experience, skills, and registration status, market conditions, and business needs.
- $90,000–$160,000 (Minneapolis), depending on your experience, skills, and registration status, market conditions, and business needs.
RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and play a critical role in attracting, engaging, and retaining talent that drives RBC’s high-performance culture, enables collective achievement of strategic goals, and generates sustainable shareholder returns.
Schedule
- Full-time (40 hours per week).
Location: Minneapolis, MN (250 Nicollet Mall).