Job Description What is the opportunity? The Credit Controls and Transformation (CCT) team is a part of the Credit Modeling and Methodology (CMM) group within RBC Group Risk Management. The CCT team maintains the governance framework within CMM as well as the program delivery structure across the department, covering 70+ credit risk models. This includes: Responsibility over the maintenance of all controls including any changes or enhancements Comprehensive reporting and tracking of all CMM compliance issues (audit, operational risk, model risk, etc.) Driving and delivering on CMM initiatives through change management strategies, planning and sound program management Actively pursuing opportunities where controls, project delivery and process improvements can be made. The Associate Director will aid and/or lead these activities across CMM, under guidance of the Director, Credit Controls & Transformation. This role combines deep governance and controls expertise with strategic project management and transformation leadership. It also requires continuous interaction with other groups, senior management and external stakeholders in a fast-paced environment. Given the nature of the work, the opportunity to learn and grow is significant. You will have the opportunity to identify areas of continuous improvement in complex processes including Credit Risk Modelling, Reporting and Governance, IFRS 9 Allowance for Loan Losses and Enterprise-Wide Stress Testing. What will you do? Governance & Reporting Lead or Assist in the monthly issues & controls reporting process; working closely with the Model Risk Governance team to ensure consistency while highlighting issue or control developments which require escalation or senior leadership attention Lead or assist in maintaining project artifact documentation (i.e., Issues, Risks, Assumptions, Dependencies etc.) and CCT’s monthly project initiative reporting. In collaboration with other CCT team members, build and design an automated end-to-end CMM initiatives, controls, issues and resource planning view which informs CMM senior management. Assist in coordination activities for all regulatory correspondence related to CMM matters Contribute to the implementation of enhancements to the Credit Models Governance Committee (CMGC) meeting process Stakeholder Management In coordination with CMM control performers (model development teams), lead discussions with internal / external auditors and 2LoD control testing teams to ensure smooth control testing cycles (including SOX testing) and efficient use of time. In the event of identified control deficiencies (either self-identified or identified by the 2nd or 3rd line of defense), aid in advising CMM leaders on understanding the significance and severity of the deficiency, identifying root causes, and recommend corrective actions. Act or assist as the primary Relationship Manager to ensure connectivity with key stakeholders (Modelers, Validators, Auditors, and others) Program Delivery Aid in the management or monitoring of the progress of change initiatives/projects, including impacts to strategic approaches, methodologies, processes and core programs. Maintain and coordinate project plans, requests, and workshops across CMM to minimize request duplication and ensure efficiencies are achieved. Identify, manage, and prioritize risks and issues within the initiatives (both production and change initiatives), problem-solve and implement solutions, and escalate on a timely basis. Provide a controls and governance perspective on CMM model development initiatives, ensuring that key governance checkpoints are performed and adhered to What do you need to succeed? Must-have 7+ years’ experience in a Governance, Controls, Program Delivery and/or Risk environment Deep understanding of credit risk model lifecycle (development, validation, monitoring, remediation) and model risk governance practices Demonstrated leadership ability in large-scale finance / risk / regulatory programs within the financial sector (banking, investment, insurance, trust) rolling out agile practices, tools and frameworks. Strong communication (both verbal and written), influencing and stakeholder management skills An exceptional ability to learn quickly and navigate through ambiguity to achieve high business results and drive continuous improvement. Proven ability and experience liaising with internal and external auditors, operational risk teams and regulatory compliance. Highly skilled at facilitation, information gathering, and building strong relationships Familiarity with the Enterprise Issue Management System, Archer and MetricStream Proven team player with a collaborative mindset Proficient using Microsoft Office applications including intermediate level Excel skills. Experience working with collaboration tools such as Confluence, Jira, Webex Teams and Planview. Nice-to-have CPA designation (preferred) PMP and/or PgMP certification Agile/Scrum Certification(s) Advanced knowledge and working experience with data visualization using tools including Tableau or other similar type tools. 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 Leaders who support your development through training and coaching Work with a dynamic, collaborative team with ability to make a difference. Job Skills Agile Management, Audit Controls, Controls Management, Governance Controls, Governance Framework, Governance Management, Governance Models, Key Control, Model Governance, Project Coordination, Project Management, Project Planning, Sarbanes Oxley (SOX) Control Additional Job Details Address: RBC CENTRE, 155 WELLINGTON ST W:TORONTO City: Toronto Country: Canada Work hours/week: 37.5 Employment Type: Full time Platform: GROUP RISK MANAGEMENT Job Type: Regular Pay Type: Salaried Posted Date: 2026-06-24 Application Deadline: 2026-07-15 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. Join our Talent Community Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. 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. Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com.‎ We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.