Senior Project Manager - Regulatory Risk Remediation

About the role

RBC is hiring a Senior Project Manager for Regulatory Risk Remediation in Toronto. The role leads and coordinates regulatory risk management initiatives across the organization, partnering with Compliance, Risk Management, Internal Audit, Operations, Technology and business stakeholders so that regulatory requirements are implemented, monitored and sustained. It covers strategic regulatory programs and remediation efforts.

Key responsibilities

• Lead complex regulatory risk and compliance projects from initiation through implementation and closure.
• Coordinate enterprise-wide work on regulatory findings, consent orders, Matters Requiring Attention (MRAs) and audit observations.
• Support implementation of regulatory requirements from financial regulators and other governing bodies.
• Develop project plans, timelines, budgets, resource needs and governance structures, and assess impacts of regulatory changes and emerging risks.
• Collaborate with Compliance, Enterprise Risk Management, Operational Risk, Internal Audit, technology groups and business units, and run working groups and governance meetings.
• Manage communication with executive leadership and stakeholders, and report regularly to senior management, steering committees and regulatory governance forums.
• Track project risks, issues, assumptions and dependencies, support risk assessments and control testing, and maintain documentation for regulatory examinations and audits.
• Promote adoption of new processes and controls, and support policies, procedures and governance documentation.

Required profile

• Bachelor's degree in finance, Business Administration, Risk Management, Information Systems, Economics or a related field.
• 5+ years of project management experience in banking, financial services, risk management, compliance or regulatory environments.
• Experience managing regulatory remediation programs, audit findings or compliance initiatives.
• Nice to have: CompSci, IT or Assurance degree; PMP, CRCM or similar certification; experience with regulatory agencies, internal or external auditors; knowledge of operational risk and enterprise risk frameworks.

Required skills

• Strong knowledge of banking regulations, compliance frameworks and risk management principles.
• Proficiency in project management methodologies such as Agile, Waterfall or hybrid approaches.
• Analytical, organizational and problem-solving skills, and strong written and verbal communication.

What we offer

• Total rewards program with bonuses, flexible benefits, competitive compensation, commissions and stock where applicable.
• Leadership coaching and development, and a world-class training program in financial services.