Portfolio Management Risk Specialist

PORTFOLIO MANAGEMENT RISK SPECIALIST

WHAT IS THE OPPORTUNITY?
This position supports RBC Rochdale's First Line of Defense (the business unit responsible for day-to-day risk management) by identifying, monitoring, and mitigating operational and regulatory risks within Client Portfolio Management. You will analyze risk reports, collaborate with portfolio managers to remediate risky behavior, design and document new risk processes and controls, and ensure compliance with regulatory requirements and corporate governance standards.

WHAT WILL YOU DO?
Run, analyze, and interpret business reports and data to identify operational and regulatory risks, anomalies, and trends within Client Portfolio Management.
Engage directly with portfolio managers to review report findings, assess risky behavior or control gaps, and develop remediation plans to address identified issues.
Assist in building or enhancing risk management processes, workflows, and control frameworks to strengthen the control environment.
Draft and maintain procedure documentation, control policies, and governance frameworks to ensure clarity, compliance, and effective implementation across the organization.
Monitor and execute essential risk program functions, including Key Risk Indicators (KRIs), Key Performance Indicators (KPIs), and Issue Management.
Evaluate technical and business data to assess practical impacts and provide risk insights to the Business Control team and Business Units.
Design and implement preventive and detective controls related to Portfolio Management activities, contributing to a robust risk culture and control environment.
Analyze current risk management practices across the organization and network affiliates, collaborating with the 2nd and 3rd lines of defense to strengthen controls and enhance practices.
Develop, implement, and oversee new risk management programs and strategies in partnership with the First Line of Defense and cross-functional teams.
Serve as the liaison between business teams and risk management, compliance, legal, and audit functions for internal and external examinations.
Build and maintain effective relationships across all organizational levels and business lines to identify, analyze, and manage risks appropriately.
Develop clear, concise communication materials and presentations for senior management that convey complex risk information effectively.
Support audit and examination activities and facilitate special projects as needed.
Coach and mentor team members to develop risk talent and capability within the organization.

WHAT DO YOU NEED TO SUCCEED?
Required Qualifications*
Bachelor's Degree or equivalent
5+ years managing projects
5+ years within or related to financial services
Advanced experience with Microsoft Office (Excel, PowerPoint, Word)