Risk Management Framework Implementation Specialist

Royal Bank of Canada - New Hope, PA

Full-time

New Hope, PA

Credit Intermediation and Related Activities

About the position

This position is responsible for supporting the ongoing management and implementation of City National Bank's Enterprise Risk Management (ERM) Risk Management Framework. The role focuses on project management, managing ERM processes, and facilitating the integration of risk management principles throughout the organization.

Responsibilities

• Implement and monitor City National Bank's Enterprise Risk Management Framework in accordance with current and changing standards, regulations, policies, and internal needs.
• Mature and execute regular reviews of the ERM Framework to ensure adherence to enterprise, regulatory, and industry standards.
• Gather expert knowledge of the evolving Enterprise Risk Management regulatory and industry environment to inform governance mechanisms.
• Manage ERM framework adoption and adherence monitoring process, including documentation and routine reporting of adherence status across business areas.
• Support regulatory exams and audit engagements concerning the ERM Framework, including oversight and documentation of regulatory requests.
• Lead and manage updates to ongoing ERM reporting and communication.
• Coordinate and support regulatory reporting obligations.
• Build and manage strong relationships with stakeholders and decision makers.
• Perform other duties as assigned.

Requirements

• Minimum 5 years of experience in financial services or risk management.
• Minimum 5 years of auditing, consulting, Enterprise Risk Management, or banking experience.
• Minimum 3 years of project management experience.

Nice-to-haves

• Bachelor's degree in risk management, financial services, or related discipline with 5-7 years of auditing, consulting, Enterprise Risk Management, or banking experience.
• Proficiency in MS Project, Excel, Word, Access, Power Point, SharePoint.
• Strong project management capabilities.
• Demonstrated ability to think critically and facilitate change through collaborative effort.
• Strong interpersonal, verbal, and written communication skills.
• Self-motivation, discipline, task focus, and the ability to structure and present work.
• Proven record of delivering high-quality results within strict deadlines.
• Ability to multitask and prioritize several concurrent initiatives.