Job Summary
Job Description
As Director, Operations you will lead the National Credit and Future Operations Group within Wealth Management Canada. The primary purpose for this position is to supervise and provide leadership for a team supporting time sensitive, complex exception-based and/or highly specialized processes. You will be responsible for supervising all operational and risk aspects of margin lending, regulatory and financial reporting, system configurations, and oversight of all WM retail Futures clients.
The Director will provide insights and analysis to a variety of credit and risk transactions in a high-volume environment including leveraged investments, derivative products, wire payments and interest calculations. The role is responsible for managing three diverse operations teams for WM Canada and will require to provide leadership in both a strategic and tactical manner.
Additionally, you will act as a point of contact for escalations, risk management, procedural changes and initiatives to ensure we provide a high level of customer service to all clients and Wealth Management business partners. The role will require working with regulators, Internal Controls, Operational Risk, Internal/External Auditors, Finance and Royal Bank partners to ensure that the team adheres to policies and procedures. Balancing risk and operational efficiency while delivering a high level of client satisfaction are the key components of this role.
What will you do?
Supervise and direct time sensitive, complex and/or highly specialized daily work flows to ensure department service levels are met including selling out client accounts and closing option positions.Advocate high degree of operational processing focus and meeting all SLA’s (e.g. understands the prioritization workflow and any spike in volumes) by tracking overall effectiveness of the teams.Execute oversight activities for high complex exception-based and/or highly specialized department deliverables and processes to ensure controls are effectively managing work quality, mitigating risk and aligned to regulatory adherence.Complete and update procedures that govern the work to ensure accuracy, tracking and reporting of month end errors and incident reports to operational risk, completing monthly GL attestations, and other regulatory obligations.Manage department budget, financial forecasts, staffing models and department metric tracking.Provide ongoing coaching, training, recognition, development and performance management for direct reports and extended team as required.Serve as project/product owner for payment projects and represent operations in cross-functional projects.Build partnerships and synergies with internal & external stakeholders.What do you need to succeed?
Must-have
4-year degree from an accredited university or equivalent5+ years of securities, banking, technology and/or job specific industry experience including executing trades and closing option positions.Excellent client service orientation and strong knowledge and understanding of cash movement and payment processing operationsStrong problem solving, decision making, and influencing skillsBroad knowledge of Canadian Operations Wealth management process and procedures.Ability to handle multiple priorities in a fast-paced environment and provide direction to other team membersDemonstrated experience in leading individuals and teamsStrong customer service and organizational skills with attention to detailAbility to implement & facilitate change throughout departments as neededNice-to-have
Working knowledge of securities, margin, options and derivatives products.Meet the requirement to be registered with CIRO as a supervisor, non-trading. Wealth Management business knowledge and dealing with a Full Service and Direct Investing Platform.Sound organizational knowledge with operational mindset; including products, processes, systems and regulatory and/or client needsStrong interpersonal, verbal and written communication skills, with an ability to work effectively with all levels of staff and management.Working knowledge of Margin and Leveraged Products Rules and RegulationsA strong understanding of Wealth Management products and solutionsWhat’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 great benefits, annual incentive program and recognitionLeaders who support your developmentA dynamic, collaborative, and high-performing teamOpportunities to do challenging work and grow your careerWork-life integrationPositive work culture emphasizing diversity and inclusion, volunteerism and community involvementJob Skills
Adaptability, Client Service, Customer Service, Decision Making, Interpersonal Relationship Management, Investments, Leadership, Operational Delivery, People Management, Process Improvements, Time Management, Wealth ManagementAdditional Job Details
Address:
180 WELLINGTON ST W:TORONTOCity:
TORONTOCountry:
CanadaWork hours/week:
37.5Employment Type:
Full timePlatform:
WEALTH MANAGEMENTJob Type:
RegularPay Type:
SalariedPosted Date:
2025-07-16Application Deadline:
2025-07-30Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At 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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