RBC
VP, Operational Risk, Controls & Governance
RBC, Los Angeles, California, United States, 90079
VP, Operational Risk, Controls & Governance
Join to apply for the VP, Operational Risk, Controls & Governance role at RBC.
What is the Opportunity? The VP, Operational Risk, Controls & Governance acts as a risk professional within the Capital Markets first line of defense, responsible for overseeing and executing comprehensive operational risk management programs. This role ensures comprehensive risk identification, assessment, monitoring, and mitigation across all business lines while fostering a robust risk culture and maintaining regulatory compliance through effective governance frameworks and control oversight.
Job Description As a key member of the capital markets team, you will lead a broad range of operational risk initiatives, ensuring that risk is embedded into all aspects of business operations.
What will you do?
Lead the development, implementation, and continuous enhancement of a comprehensive Risk & Control Self‑Assessment (RCSA) program across Capital Markets business units and affiliates, including management and oversight of Risk Registers.
Establish and maintain an operational risk event reporting framework to capture, analyze, and report operational losses, gains, near‑miss events, and timing losses, coordinating root‑cause analysis activities and maintaining a detailed event database with trend analysis capabilities.
Execute thorough issues‑management processes to identify, track, and resolve control deficiencies and risk exposures, coordinating completion of risk‑mitigating actions and providing regular status updates to senior management.
Oversee and enhance a comprehensive control‑testing program to validate effectiveness of risk‑mitigating controls, coordinating with 1LOS testing teams and analyzing testing results to identify control deficiencies and coordinate remediation efforts.
Develop and report comprehensive risk appetite metrics and Key Risk Indicators (KRIs) to monitor high risks to Capital Markets business units, creating sophisticated measurement frameworks and preparing regular risk‑appetite reporting for senior management.
Serve as primary liaison between the first line of defence and second/third line functions for risk‑management activities, fostering strong working relationships with senior management and representing Operational Risk, Controls & Governance at internal meetings and audit activities.
What do you need to succeed?
Bachelor’s degree in Finance, Business Administration, Risk Management, Economics, or a related field.
Minimum 5–7 years of experience in operational risk management or related financial services roles.
Proven track record in stakeholder management and cross‑functional collaboration.
Preferred experience working within the first line of defence in capital markets or investment banking environment.
What’s in it for you? Our culture emphasizes growth, collaboration, and making a difference for clients and communities. You’ll join a dynamic, high‑performing team and have opportunities to lead challenging projects.
A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable.
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.
The expected salary range for this position is $125,000–$190,000, depending on experience, skills, and registration status, market conditions, and business needs. RBC’s discretionary variable compensation program provides additional earning potential as performance targets are met.
Job Skills Adaptability, Critical Thinking, Customer Service, Detail‑Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, Teamwork.
Additional Job Details
Address: CNB, 555 Flower Street, Los Angeles, CA
City: Los Angeles
Country: United States of America
Work hours per week: 40
Employment type: Full time
Platform: Capital Markets
Job type: Regular
Pay type: Salaried
Posted date: 2025-11-05
Application deadline: 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 employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps bring our Purpose to life and create value for 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.
Join our Talent Community Stay in‑the‑know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips, and recruitment events that matter to you.
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What is the Opportunity? The VP, Operational Risk, Controls & Governance acts as a risk professional within the Capital Markets first line of defense, responsible for overseeing and executing comprehensive operational risk management programs. This role ensures comprehensive risk identification, assessment, monitoring, and mitigation across all business lines while fostering a robust risk culture and maintaining regulatory compliance through effective governance frameworks and control oversight.
Job Description As a key member of the capital markets team, you will lead a broad range of operational risk initiatives, ensuring that risk is embedded into all aspects of business operations.
What will you do?
Lead the development, implementation, and continuous enhancement of a comprehensive Risk & Control Self‑Assessment (RCSA) program across Capital Markets business units and affiliates, including management and oversight of Risk Registers.
Establish and maintain an operational risk event reporting framework to capture, analyze, and report operational losses, gains, near‑miss events, and timing losses, coordinating root‑cause analysis activities and maintaining a detailed event database with trend analysis capabilities.
Execute thorough issues‑management processes to identify, track, and resolve control deficiencies and risk exposures, coordinating completion of risk‑mitigating actions and providing regular status updates to senior management.
Oversee and enhance a comprehensive control‑testing program to validate effectiveness of risk‑mitigating controls, coordinating with 1LOS testing teams and analyzing testing results to identify control deficiencies and coordinate remediation efforts.
Develop and report comprehensive risk appetite metrics and Key Risk Indicators (KRIs) to monitor high risks to Capital Markets business units, creating sophisticated measurement frameworks and preparing regular risk‑appetite reporting for senior management.
Serve as primary liaison between the first line of defence and second/third line functions for risk‑management activities, fostering strong working relationships with senior management and representing Operational Risk, Controls & Governance at internal meetings and audit activities.
What do you need to succeed?
Bachelor’s degree in Finance, Business Administration, Risk Management, Economics, or a related field.
Minimum 5–7 years of experience in operational risk management or related financial services roles.
Proven track record in stakeholder management and cross‑functional collaboration.
Preferred experience working within the first line of defence in capital markets or investment banking environment.
What’s in it for you? Our culture emphasizes growth, collaboration, and making a difference for clients and communities. You’ll join a dynamic, high‑performing team and have opportunities to lead challenging projects.
A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable.
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.
The expected salary range for this position is $125,000–$190,000, depending on experience, skills, and registration status, market conditions, and business needs. RBC’s discretionary variable compensation program provides additional earning potential as performance targets are met.
Job Skills Adaptability, Critical Thinking, Customer Service, Detail‑Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, Teamwork.
Additional Job Details
Address: CNB, 555 Flower Street, Los Angeles, CA
City: Los Angeles
Country: United States of America
Work hours per week: 40
Employment type: Full time
Platform: Capital Markets
Job type: Regular
Pay type: Salaried
Posted date: 2025-11-05
Application deadline: 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 employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps bring our Purpose to life and create value for 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.
Join our Talent Community Stay in‑the‑know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips, and recruitment events that matter to you.
#J-18808-Ljbffr