Business Manager, Market and Counterparty Credit Risk

Job Summary

The Business Manager, Market and Counterparty Credit Risk will be responsible for supporting the financial and operational activities of the MCCR

Job Description

What is the Opportunity?

Market and Counterparty Credit Risk (MCCR) provides independent, enterprise-wide oversight and governance of market, counterparty credit, liquidity and model risks arising from RBC’s businesses and operations.

This role is part of the Business Management team which supports MCCR’s financial and operational activities globally.

What will you do?

Support Business Management activities including :

Management Reporting & Support

• Support senior management team meetings, including the development of agendas and coordination of meetings.
• Prepare presentation materials for internal and external meetings and forums
• Work with subject matter experts for MCCR educational presentations.
• Participate in ad hoc analysis or high level initiatives in support of MCCR’s senior leadership team (including the SVP and Global Head)
• Engage in any other responsibilities necessary to support the ongoing management of the group

Human Resources

• Create and continuously improve a robust HR reporting framework which enables MCCR teams to effectively manage their teams
• Collaborate with functional HR partners to ensure reporting is accurate which includes headcount reconciliations, organizational chart updates, manager / transit updates and other ad hoc requests
• Support the management team through the year-end performance process
• Manage the end-to-end onboarding process of new hires including full time, contractor, and consulting resources
• Manage requests pertaining to resourcing and associated cost allocations
• Support Early Talent Initiatives (co-ops / interns) building a pipeline of talent for future hires

Operations Management

• Issue tracking (Audit, regulatory, operational, etc.) and follow up. Responsible for updates on progress against issues and ensure appropriate documentation and closure of issues
• Coordination of audit and regulatory reviews and responses as well as controls testing and related documentation
• Work with internal stakeholders to ensure that requests from other groups are directed appropriately
• Manage floor space and seat assignments. Work with Corporate Real Estate for all Add / Moves / Changes
• Assist with yearly Business Impact Analysis
• RBCConnect representative for MCCR, contributing to GRM page and participating in overall planning of site

Financial Management & Procurement

• Manage and monitor department spend, ensuring budget concerns are addressed effectively
• Collaborate with functional finance partners to investigate any issues and provide input to any forecast changes
• Maintain and update transit hierarchy and information as required
• Review team costs and manage renewal process with appropriate service user. Ensure services are terminated in a timely manner for departed employees.

What do you need to succeed?

Must-have

• Bachelor’s Degree
• Proficient in Excel, Word, and Power point, with experience creating high-quality Power point presentations
• Strong verbal and written communication skills
• Strong interpersonal skills, with the ability to develop a network internally and externally
• Ability to work both independently and collaboratively, under tight deadlines
• Well organized, with a strong attention to detail, and able to prioritize and handle multiple work streams
• Ability to accept accountability, assume leadership and demonstrate initiative
• Understands how to communicate difficult / sensitive information tactfully
• Experience working with Human Resources and IT teams

Nice-to-have

• Ability to work with large data sets
• Strong facilitation skills

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
• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work

Job Skills

Additional Job Details

Address :

ROYAL BANK PLAZA, 200 BAY ST : TORONTO

City : TORONTO

TORONTO

Country : Canada

Canada

Work hours / week : 37.5

37.5

Employment Type : Full time

Full time

Platform :

GROUP RISK MANAGEMENT

Job Type : Regular

Regular

Pay Type : Salaried

Salaried

Posted Date : 2024-11-05

2024-11-05

Application Deadline :

2024-11-23

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

I nclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work.

We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com .