What is the Opportunity?

Risk & Controls Group is accountable for leading the control management & control evaluation (design and operating effectiveness) center of expertise for select stakeholders across RBC and its US material legal entities, with a particular focus on GRM and Corporate Functions owned controls.

The team consists of staff in the US, Canada, and Malaysia. The Associate Director (AD) will be responsible for the strategic direction & execution of the RCG’s control evaluation program, and will act as a subject matter expert to advise stakeholders on the establishment of an effective control environment.

The role will act as a key relationship manager between the control evaluation execution team in Malaysia and control evaluation stakeholders within US and Canada. The role will partner with Operational Risk colleagues to incorporate control evaluation activities into the broader Operational Risk management program.

What will you do?

• Perform and oversee control evaluation activities that evaluate the design and operating effectiveness of key controls.

• Develop robust and scalable testing modules, scripts, and other guides including testing approach and scoping/sampling for evaluating the effectiveness of Key Controls to mitigate key risk exposures related to regulatory requirements and RBC risk policies and standards.

• Create and memorialize detailed control testing documentation and review commentary.

• Analyze, aggregate, and articulate the results/issues/recommendations related to control evaluation activities, including presenting at governance and management committees as required.

• Mentorship and ongoing coaching of Malaysia-based control evaluation resources.

• Participate in the efforts to define, implement and continuously improve the operating model for control evaluation activities for RCG which meets US regulatory expectations and Enterprise standards.

• Act as a key contact and maintain relationships with control evaluation stakeholders, including but not limited to, US Group Risk Management, US Finance, Internal Audit, and US Lines of Business.

• Provide internal controls training and development activities, including Bank-wide and targeted training to support continuous improvements of the control evaluation program, and to elevate controls management capabilities.

What do you need to succeed?

• 5+ years of experience in controls evaluation, operational risk management, internal audit, quality control roles, or other complimentary capacities, preferably within the financial services industry, a public accounting firm, or with a financial institutions regulator.

• Strong relationship management experience, ability to build influence with senior internal stakeholders.

• Professionalism and solutions orientation required to liaise directly with Senior Management.

• Previous experience working in highly regulated business environments in the financial services sector.

• Understanding of US Regulatory environment. Knowledge of financial services products, fundamentals of US Regulatory Reporting and CCAR.

• University degree, or equivalent, ideally with a financial designation or relevant professional qualification.

• A CA, FRM or CPA designation, in addition to an undergraduate degree is preferred.

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 $110,000-$190,000 (New Jersey), 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

#LI – Hybrid

#LI – POST

Job Skills

Business Performance Management, Investment Economics, Investment Risk, Investment Risk Management, Market Risk, Performance Management (PM), Risk Control, Risk Management, Standard Operating Procedure (SOP)

Additional Job Details

GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITYJersey CityUnited States of America40Full timeGROUP RISK MANAGEMENTRegularSalaried2025-04-222025-07-05

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

Inclusion and Equal Opportunity Employment

At 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.