About the role
Job Description
What is the Opportunity?
The Senior Project Manager-Regulatory Risk Remediation is responsible for leading and coordinating regulatory risk management initiatives across the organization. This role partners with Compliance, Risk Management, Internal Audit, Operations, Technology, and Business Stakeholders to ensure regulatory requirements are effectively implemented, monitored, and sustained. The project manager drives strategic regulatory programs, manages remediation efforts, and ensures timely delivery of projects that address evolving regulatory expectations and risk management obligations.
What will you do?
- Lead complex regulatory risk and compliance projects from initiation through implementation and closure.
- Coordinate enterprise-wide efforts to address regulatory findings, consent orders, Matters Requiring Attention (MRAs), and audit observations.
- Support implementation of regulatory requirements from financial regulators and other governing bodies.
- Develop detailed project plans, timelines, budgets, resource requirements, and governance structures.
- Assess project impacts related to regulatory changes and emerging risks.
- Collaborate with Compliance, Enterprise Risk Management, Operational Risk, Internal Audit, technology groups, and business units.
- Facilitate working groups and governance meetings to drive accountability and project execution.
- Manage communication with executive leadership and key stakeholders regarding project milestones, issues, and decisions.
- Ensure project deliverables align with regulatory expectations, risk appetite, and internal control standards
- Monitor project progress, identify risks and dependencies, and implement mitigation strategies
- Provide regular status reporting to senior management, steering committees, and regulatory governance forums.
- Track and monitor project-related risks, issues, assumptions, and dependencies.
- Support risk assessments and control testing activities associated with regulatory initiatives.
- Maintain project documentation and evidence to support regulatory examinations and audits.
- Promote adoption of new processes, controls, and regulatory requirements across impacted business areas.
- Support the creation and maintenance of policies, procedures, and governance documentation.
What you need to succeed
Must Haves
- Bachelor’s degree in finance, Business Administration, Risk Management, Information Systems, Economics, or a related field.
- 5+ years of project management experience within banking, financial services, risk management, compliance, or regulatory environments.
- Strong knowledge of banking regulations, regulatory compliance frameworks, and risk management principles.
- Experience managing regulatory remediation programs, audit findings, or compliance related initiatives.
- Proficiency in project management methodologies, including Agile, Waterfall, or hybrid approaches.
- Strong analytical, organizational, and problem-solving skills.
- Excellent written and verbal communication skills with the ability to present to senior leadership.
- Bachelor’s degree in CompSci, IT, Assurance or related degree.
Nice-to-have
- Project Management Professional (PMP) certification.
- Certified Regulatory Compliance Manager (CRCM), Certified Risk Professional, or similar certification.
- Experience working with regulatory agencies, internal audit, or external auditors.
- Knowledge of operational risk, governance, controls, and enterprise risk management frameworks.
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.
A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable.
Leaders who support your development through coaching and managing opportunities.
Ability to make a difference and lasting impact.
Work in a dynamic, collaborative, progressive, and high-performing team.
A world-class training program in financial services.
#LI-Post
#TECH PJ
Job Skills
Adaptability, Budgeting, Business Oriented, Decision Making, Long Term Planning, Resource Management, Results-Oriented, Team Management, Time Management, Waterfall ModelAdditional Job Details
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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Our Employment Opportunities
At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.
RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.
Aplyr's read
Royal Bank of Canada stands as a financial giant in North America, attracting professionals in AI, digital transformation, and regulatory compliance.
What's promising
- •RBC's strong market position in North America provides stability and growth opportunities.
- •The bank invests heavily in AI and digital transformation, offering cutting-edge roles.
- •RBC's diverse financial services cater to a broad client base, enhancing career variety.
What to watch
- •Regulatory scrutiny in the financial sector can impact operations and job stability.
- •Adapting to rapid technological changes may challenge some employees.
- •High competition in the financial industry could pressure profit margins.
Why Royal Bank of Canada
- •RBC's focus on AI modernization differentiates it in the financial services sector.
- •The bank's commitment to sustainability reporting highlights its forward-thinking approach.
- •RBC's extensive role variety in finance transformation attracts diverse talent.
Aplyr’s read is generated by AI from public sources. Was it useful?
About Royal Bank of Canada
Royal Bank of Canada (RBC) is one of Canada's largest banks and a leading financial services provider in North America, offering a wide range of financial products and services to personal, business, and institutional clients.
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