RBC · 5 hours ago
MD, Cross Business Controls & Enablement
New York, NY
Full-time
Onsite
Director/Executive
$200K/yr - $320K/yrRBC is a leading global bank and they are seeking a Managing Director for Cross Business Controls & Enablement. The role involves designing and managing business controls activities across Consolidated US Operations and global Capital Markets, ensuring alignment with strategic plans and regulatory expectations.
BankingFinancial ServicesWealth Management
Responsibilities
Design, develop and manage and transform 1LOD Business Controls across CUSO and Global CM, by 1) understanding how controls in areas across these businesses and functions are designed and operate to meet operational and regulatory requirements material to the businesses in scope, and 2) designing, implementing and managing end-to-end processes to ensure controls managing risks that reach across businesses in scope are fit for purpose and operating effectively
Operate as a conduit through which changes to Enterprise expectations (frameworks, policies, etc.) flow to be consistently interpreted, operationalized and sustained across CUSO and CM, providing flexibility at the business level where it makes sense
Leverage the same conduit to integrate into the Enterprise where explanation and reporting on how Enterprise expectations have been interpreted, operationalized and sustained across CUSO and CM
Work collaboratively with each of the CUSO 1LOD teams (Capital Markets, City National Bank, RBC Bank (Georgia), Wealth Management) and 2LOD partners to design and implement consistent processes related to risks that reach across businesses
Collaborate with CUSO CCO team members to communicate changes to control effectiveness so that relevant CUSO CCO team members can update risk registers and other framework tools (RCSA, ORMS, etc.)
Collaborate with CUSO CCO team members to support CUSO businesses with establishing an appropriate internal control structure, including the design and documentation of controls
Standardize CUSO business-level non-financial risk and control reporting related to cross business risks for the CEO, Senior Management and the Board. This requires a full understanding of and participation in the standardization of relevant reporting for each line of business, region and legal entity
Participate in the US Scenario Analysis program, providing support to the business on risk and control considerations, as required
Execute CCO team HQ activities to enable a consistent and efficient operating model
Foster strong stakeholder relationships within the US, the Enterprise and across businesses and functions to enable an active and collaborative environment; including executive management
Provide 1LOD stakeholders with advisory support and deep risk and control expertise
Liaise with the appropriate stakeholders to provide input on the development and implementation of new/updated enterprise policies and standing orders
Lead a Business Controls & Enablement function
Develop and execute OKRs annually, including quarterly reporting on progress
Input into annual leadership exercises including strategic, financial and talent planning, ensuring Cross Business Risk team priorities are reflected
Develop and execute messaging required to enable success of the team
Influence senior business leaders and drive risk perspective, accountability and culture throughout the CUSO, in partnership with 2LOD
Own the development of risk training and awareness as appropriate for 1LOD across the CUSO
Where there is an intersection with control and regulatory integration, enable elevated Conduct and Culture reporting across CUSO lines of business, with centralized reporting to the US CRO and CEO
As a member of the Committees and Forums, the leader will contribute to the maintenance of an effective control and regulatory integration program, focusing on:
Sharing insights, themes and findings from exams, audits and regulatory changes with stakeholders to drive awareness of changes to expectations and changes to processes, controls and behaviors
Enabling alignment across LODs and stakeholders on control priorities that emerge from exams, audits and regulatory changes
Drive efficiency through use of a consistent approach and process for planning for and responding to cross business risks
Qualification
Required
Leading large teams across regions to execute a portfolio of control activity
Knowledge of products and services in Capital Markets, Wealth and Consumer businesses
Advanced expertise in 1st line risks and regulatory controls, including across regions and products
Experience in 1st line leadership of exams, audits, remediation, and issues management
Direct engagement with US, Canadian prudential and securities regulators; and knowledge of and engagement with regulators outside of N. America
1st line implementation and use of advanced technology to enhance controls and to achieve efficiencies
Advanced knowledge and experience with how risks are identified and how controls are designed, tested, and integrated into risk registers
Advanced knowledge of Operations processes and complexities and control vulnerabilities therein
Proficient in engaging with and presenting to senior executives, regulators, committees and boards
Exceptional at building, sustaining and leading high performing teams
Proficient at independent problem solving and use of judgement when escalation is required
Ability to work independently without immediate supervision
Previous 1LOD experience in businesses, 2LOD and/or functions is ideal
Undergraduate degree and either Masters or equivalent work experience; Relevant FINRA Licenses or equivalent experience to demonstrate knowledge of regulatory expectations
Preferred
Direct experience in Capital Markets, Wealth and Consumer businesses, functions and technology are ideal
Benefits
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
Opportunities to do challenging work
Opportunities to building close relationships with clients
Company
RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance.
Founded in 1864
10001+ employees
H1B Sponsorship
RBC has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (29)
2024 (17)
2023 (3)
2022 (4)
2021 (1)
2020 (2)
Funding
Current Stage
Public CompanyTotal Funding
$16.3B2025-10-30Post Ipo Debt· $5B
2025-09-15Post Ipo Debt· $1.35B
2025-07-10Post Ipo Debt· $177.74M
Leadership Team
Graeme Hepworth
Chief Risk Officer
Kelly Bradley
Chief Human Resources Officer
Recent News
2026-01-22
Qatar Tribune
2026-01-21
Company data provided by crunchbase