Senior Project Manager-Regulatory, Risk Remediation

Royal Bank of Canada · Toronto

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.

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Job Skills

Adaptability, Budgeting, Business Oriented, Decision Making, Long Term Planning, Resource Management, Results-Oriented, Team Management, Time Management, Waterfall Model

Additional Job Details

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