What is the opportunity? The AD, European Third Party Risk & Oversight is a 2nd line of defense role, responsible for the thought leadership and the effective design, administration and oversight of the third party risk management program across Europe, leveraging the enterprise wide supplier risk management strategy and framework for RBC. The strategy and framework allows management to identify, measure, monitor, and mitigate the risks associated with third party suppliers and select intra-group arrangements. The AD works with Executives and Senior Management across Platforms, Functions and Centers of Governance to ensure compliance with regulatory and policy requirements and provides strategic direction, training and support to the European third party risk and supplier management community across RBC.
What will you do?
Ensure that the performance management and oversight of European material / critical arrangements are appropriately anchored with local senior management.
Provide local 2nd line support to local Supplier Managers for adherence to RBC supplier management arrangements (framework, policy, procedures, guidelines etc.). Regional Intra-group arrangement roll-out
Participate in and benchmark against Industry leading practices
Lead 3rd party global regulatory responses where required by local 2nd LOD, as required (FCA, ECB, PRA, etc.) Co-Lead with CoGs – regulatory responses and monitoring. Document regional regulatory developments, gap analysis, and tracking to ensure compliance.
Ensures that local regulatory requirements, expectations, notifications are complied with. Be the authoritative source of regional Third Party risk and outsourcing regulatory requirements
Lead the development, update and publication of regional policy (as required), standards and guidelines (Exit Strategy, Subcontractor, Concentration risk, Intra-Group, etc.) and ensure Enterprise framework, policies and standards align to regional requirements.
Develop and update regional training and stakeholder engagement programs (Supplier Risk Management, SRM, etc.) as required. Oversee appropriate local training and communication strategies for those involved in Third Party Risk, outsourcing and supplier management.
Lead Development of supporting standards with other CoGs (IT Risk, BCM, Privacy etc.)
Provide guidance to regional IAS – ongoing reviews/guidance, as required
Leverage enterprise tools to ensure the implementation of regional risk identification, risk assessment and analysis, reporting on risk profile of supplier portfolio, where required
What do you need to succeed? Must-have
Significant hands on supplier risk management experience
Demonstrated working knowledge of the overall Supplier Lifecycle and specifically Supplier Risk Management, (FCA _SYSC 8, ECB Outsourcing, PRA, etc.)
Experience in implementing 2nd line of defence requirements
Degree in Business, Risk or Financial Management
Professional designation (Risk Management, Finance, Procurement)
Significant knowledge of regulatory requirements and best practices regarding Third Party, supplier risk management and outsourcing
What's in it for you? We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
About RBC Royal Bank of Canada is Canada's largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America's leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit rbc.com .
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Inclusion and Equal Opportunity Employment RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.
JOB SUMMARY City: City of London Address: Riverbank House Work Hours/Week: 35 Work Environment: Office Employment Type: Permanent Career Level: Experienced Hire/Professional Pay Type: Salaried Required Travel (%): 0-25 Exempt/Non-Exempt: N/A People Manager: No Application Deadline: 2017-09-29 Req ID: 145331 Posting Notes: [[mfield1]]