Full-Time

VP Business Risk

In-Business Regulatory Risk Management

Posted on 6/7/2025

Royal Bank of Canada

Royal Bank of Canada

10,001+ employees

Global banking, wealth management, and insurance

Compensation Overview

$125k - $160k/yr

+ Discretionary variable compensation program + Bonuses and stock where applicable

New York, NY, USA

In Person

Category
Legal & Compliance (2)
,
Required Skills
Agile
Requirements
  • 3-5 years of Regulatory Compliance in the transaction banking/cash management/treasury services environment.
  • 3-5 years of experience in a Risk or Audit role.
  • Profound knowledge of supervisory expectations expressed in U.S Regulatory Obligations, Federal Reserve Supervisor Letters, Office of the Comptroller of the Currency Bulletin.
  • Experience in interpreting, designing controls to meet prudential regulatory obligations such as Reg CC, Reg D, Reg J, Reg W.
  • Ability to draw connections between regulatory requirements and business initiatives, recognizing oncoming impediments and support the product teams to clear the path proactively.
  • Experience in applying legal, regulatory and/or policy requirements.
  • Experience in or excited to learn Agile way of working.
  • Ability to influence a diverse group of stakeholders, and demonstrate strong collaboration skills across the organization.
Responsibilities
  • Represent business risk and product to support U.S and enterprise-wide regulatory or governance programs, coordinating feedback from the business and ensuring execution.
  • Stay abreast of pertinent industry practices, skills and regulatory concerns.
  • Support best practices and improvement of the regulatory compliance processes.
  • Assist in assessing current status of all regulatory related controls, recommend control enhancements as needed.
  • Champion regulatory issue self-identification, provide transparency of status and progress on regulatory remediation.
  • Consult and educate the business on regulatory requirements and business implications, fostering a strong risk culture of ownership.
  • Identify, prioritize, and proactively manage dependencies, risks, exceptions, and issues.
Desired Qualifications
  • Auditing
  • Audits Compliance
  • Data Gathering Analysis
  • Decision Making
  • Ethical Business
  • Fraud Management
  • Internal Controls
  • Interpersonal Relationship Management
  • Results-Oriented
  • Risk Management

What does RBC do? It provides a wide range of financial services including personal and commercial banking, wealth management, insurance, investor services, and capital markets to clients in Canada, the United States, and 27 other countries. How do its products work? It earns revenue from loans, mortgages, investment products, and advisory services, and uses technology to deliver a seamless client experience across a diversified set of financial services, with an emphasis on digital tools and customer service. How is RBC different from competitors? It combines scale and global reach with a principles-led culture, a strong focus on community impact, and a large, diverse workforce (94,000+ employees) to drive client outcomes and continuous innovation. What is RBC’s goal? To help clients prosper and communities thrive by delivering reliable financial solutions and services while adapting to changing needs and maintaining leadership in the financial sector.

Company Size

10,001+

Company Stage

IPO

Headquarters

Toronto, Canada

Founded

1864

Simplify Jobs

Simplify's Take

What believers are saying

  • $1B growth fund targets Canada's defence and infrastructure sectors.
  • $72M financing propels Activate Games to 100 locations by 2027.
  • Strong Aa1 Moody's rating supports cost-effective $1B capital notes issuance.

What critics are saying

  • RBC financed $263B fossil fuels since 2016, facing Bill C-59 divestment by 2028.
  • OSFI mandates 50bps CET1 hike, slashing ROE 2-3% within 6-12 months.
  • Wealthsimple siphons $5B millennial assets, declining RBC AUM 25% in 6-12 months.

What makes Royal Bank of Canada unique

  • RBCx platform delivers specialized financing to venture founders and VC firms.
  • Avion Rewards partners with HTS for predictive travel bookings launching 2026.
  • RBC Bank enables seamless CAD-USD transfers for 500,000 Canadians without SSN.

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Benefits

Professional Development Budget

Flexible Work Hours

Performance Bonus

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