MANAGER MADE RISK MANAGEMENT -- DATA RISK
WHAT IS THE OPPORTUNITY?
The Manager MADE Risk Management manages & works with Business Units across Marketing and Digital Engagement (MADE) to support the execution, operation, and ongoing maintenance of the division's Risk & Compliance Program. Works with the 1LOD, 2LOD and 3LOD partners to ensure alignment of Risk Management Framework and compliance with Heightened risk management requirements.The Manager MADE Risk Management is working manager that provides functional guidance and oversees all individual contributors and working teams.The Manager MADE Risk Management spends time performing the same work activities as colleagues on the Team as well as reviewing and approving work activities. This role assigns tasks and assists in setting priorities for the Risk Function. Serves as first point of contact to individual contributors and matrix risk functions.
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Marketing and Digital Engagement
As a member of our Marketing and Digital Engagement team, you will have an exceptional opportunity to help grow your career while driving change across many facets of the business. The team is passionately focused on building our brand, supporting banking products and finding innovative ways to engage and retain clients.
What you will do
- Responsible for pomoting risk awareness across the Division
- Stays abreast on and provides guidance to the division on reporting standards, department reporting requirements, and bank system changes/enhancements
- Operates as a point of contact for the division by responding to internal inquiries regarding policies, procedures and regulatory requirements
- Researches a wide variety of topics and issues including emerging risks & trends, and risk management best practices; summarizes and communicates findings with the team, appropriate business unit, division, or enterprise
- Oversees the division and serves as the division's liasion second line of defense teams to coordinate risk management and measurement activities
- Oversee and sign off on the execution of all risk related activities to ensure consistency throughout managed Divisions.
- Participate and provides documentation in Audits/Exams and other reviews as needed
- Manages teams composed of high caliber thought leading colleagues who are responsible for Risk & Compliance Management activities across the division.
- Oversees the development and socialization of division risk management reports and/or dashboards, leveraging existing and/or leading the development of new reporting as needed; ensures alignment of management reports with 2LOD and other applicable requirements (e.g., regulatory).
- Provides functional guidance and coordinates the daily activities of individual contributors and/or working teams. Serves as a first point of contact to individual contributors.
- Proactively evaluates and monitors the division risk profile and provides reporting and escalation to the Division Risk Manager and Leadership Team.
- Provides thought leadership to the division risk and leadership teams on a variety of topics including emerging risks, trends, and best practices; oversees associated action(s).
- Responsible for assessing impacts to the division risk profile and provindg updates to the SVP, Strategy, Risk, Fianncial and Leadership Team
- Provides input on resource planning and procedures within the team; escalating HR action as needed
- Drives consistency of risk activities across the division to ensure material/key risks are identified, escalated, managed, and remediated timely.
- Evaluates and executes on opportunities for increased efficiencies across the risk function
- Builds effective relationships with key partners across MADE business units and key business stakeholders in navigating our alignment to data related policies, processes and standards
- Oversees risk management and compliance objectives as a key partner and trusted advisor to MADE business units, ensuring current and future state processes, programs, applications, and vendors have privacy and security included by design
- Prioritizes risk based initiatives based on business needs and requirements while managing competing resources and priorities
- Oversees root cause analyses on identified data related risk events to recommend improvements to prevent these risk events from re-occurring in future
- Oversees remediation plans and track through completion to address any caps in the mitigating measures identified
- Oversees risk and control assessments across assigned technology and data domains
- Responsible for the adoption of key data related policies and standards relevant to MADE
- Investigates data trends and identify risk mitigation strategies
- Stays current on industry best-practices and regulatory expectations, rules, and changes
Must-Have
- Bachelor's Degree
- Minimum 10 years of financial services or an equivalent, regulated industry experience
- Minimum 10 years in compliance or risk management
- Minimum 8 years managing medium to large projects
- Minimum 5 years managerial experience
Skills and Knowledge
- Proficiency in MS Office, Project, and SharePoint
- Demonstrated experience with regulations impacting consumer banking and/or business unit functions preferred
- Demonstrated strong and sound decision making abilities about compliance risks and recommended corrective action.
- Demonstrated ability to think critically and facilitate change through collaborative efforts. Strong interpersonal, verbal, and written communication skills.
- Self-motivation, discipline, focus, the ability to structure and present work. Proven record of delivering high quality results within strict deadlines.
- Must have the ability to multitask and prioritize concurrent initiatives.
- Demonstrated ability to interact effectively, internally and externally, with the most senior representatives of organizations, regulators and vendors.
- Strong project and people management experience, with a demonstrated ability to prioritize and assign work across a team or teams; provide guidance and solve complex problems faced by teams; motivate and coach colleagues with direct and indirect reporting lines; and identify, flag, and/or escalate matters and issues to the division risk manager for disposition."
Compensation
Starting base salary: $111,408 - $189,738 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
To be considered for this position you must meet at least these basic qualifications
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Benefits and Perks
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.'
ABOUT CITY NATIONAL
We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies.