Senior Vice President, Portfolio Strategy

Job Summary

Job Description

Senior Vice President, Portfolio Strategy, Royal Bank of Canada (US), New York, NY:

Work with EVP, 1LOD Credit Risk and Portfolio Management to assess current state, develop a strategic and tactical execution plan, implement and maintain the policy, procedures and processes that align CNB’s business strategy with heightened regulatory standards. Partner collaboratively with Executive Leadership, Risk Management, Finance and other stakeholders to create and implement a plan and structure to identify risks and the appropriate actions to take (i.e., mitigate, eliminate, accept and document). Develop appropriate governance and oversight practices for across all LOBs in collaboration with Risk Management (i.e. 2LOD). Provide oversight and monitor a comprehensive risk appetite framework across all LOBs to ensure alignment to the overall CNB and RBC respective risk appetite and frameworks. Lead the development and implementation of new programs/strategies, to address regulatory and risk management requirements. Analyze and evaluate data that effects the technical, operational, and business functions and provide insight to the practical impacts/implications to the business line. Build, maintain, and operationalize management systems supporting the 1LOD Monitoring and analytics functions and any connected committees. Monitor regulatory changes that would impact the LOBs. Establishing and cultivating strong working relationships with all stakeholders. Lead remediation and development on regulatory matters and operational issues. Build and sustain effective relationships and alliances both internally and across all lines of business and staff areas to help deliver results and to ensure opportunities are identified, analyzed, and managed appropriately across the CNB/RBC ecosystem. Partner with team members to contribute concise communication materials for senior management. Develop presentations for internal and external meeting that are compelling, concise, and graphical to convey message.

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Telecommuting permitted up to 2 days per week. 

Full time employment, Monday - Friday, 40 hours per week, $225,000 per year.

MINIMUM REQUIREMENTS:

Must have a Bachelor’s degree or foreign equivalent in Mathematics, Accounting, Finance, or a related field and 10 years of related work experience, of which 5 years are progressive post-baccalaureate related work experience.

Must have 10 years of experience in each of the following:

• Credit portfolio analysis, credit underwriting or credit adjudication;
• Excel and data modelling, including VBA;
• Data extraction using SQL or Python; and
• Communication to senior management, specifically articulation of strategy based on large data analysis.

Must have 5 years of experience in Data Visualization including Tableau, PowerPoint, and PowerBI.

Domestic travel required up to 10%.

The base salary for this job is $225,000 per year.  This salary does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

·       Drives RBC’s high performance culture

·       Enables collective achievement of our strategic goals

·       Generates sustainable shareholder returns and above market shareholder value

TO APPLY: Please click “Apply Now” Button

Job Skills

Customer Service, Customer Success, Decision Making, Emotional Intelligence, Industry Knowledge, Interpersonal Relationship Management, Product Services, Teamwork, Time Management

Additional Job Details

Address:

BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK

City:

New York

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-07-01

Application Deadline:

Note: 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