Senior Manager, Home Equity Financing, Policy

Job Description

What is the opportunity?​

RBC Home Equity Financing (HEF), Canada’s leading lender of residential mortgages, is hiring for a Senior Manager, Home Equity Finance, Policy. Responsibilities will include designing and writing new lending policies, providing policy and process response for regulatory and other risk reviews, recommending prudent risk management activities, and other policy related projects as assigned. You will support the Senior Director, HEF Policy and Product and work closely with key partners including Credit Adjudication, Sales, Operations and Group Risk Management.

What will you do?

• Own key policies and develop policy changes to achieve Home Equity Financing objectives and goals to simplify and improve the client experience, enable employees to provide holistic client advice and sell mortgage products, reduce costs and manage risks.

• Enhance shareholder value by identifying and working through opportunities to optimize Home Equity Financing policies and end-to-end processes.

• Serve as Subject Matter Expert for all policy matters relating to Home Equity Financing and its policies.

• Collaborate with key partners in Adjudication, Sales, Operations, Group Risk Management, AML, Compliance and Business Risk Management.

• Assist in the development of strategies aligned to HEF priorities.

• Author memorandums and risk assessments as required.

• Create implementation plans, including communications and change management to ensure common understanding across mortgage value chain of new or amended policies.

• Proactively identify and lead timely resolution of any risks, control deficiencies and issues identified and related to Home Equity Finance policy.  

What do you need to succeed?

Must-have:

• 5-10+ years in credit, credit risk, risk management or a strategic business role

• Strong risk management and/or operations knowledge with proven experience of the mortgage business including mortgage value chain of application, underwriting, fulfillment and servicing

• Progressive industry / business operational experience with solid understanding of business process development and improvement

• Ability to understand data analytics to translate to business impacts and develop recommendations

• Excellent written and verbal communication including experience presenting to stakeholder groups

• Experience writing risk assessments or other similar proposal and approval documents

• Ability to understand impacts of regulatory policy changes, complete analysis and provide recommendations for action to management

Nice to have:

• Experience in other credit lending or strategic businesses (i.e. Personal Credit Lending, Commercial Credit lending, Credit Cards, etc.)

• Fluent or proficient in French

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

• Ability to make a difference and lasting impact

• Work in a dynamic, collaborative, progressive, and high-performing team

• Opportunities to take on progressively greater accountabilities

Job Skills

Business Performance Management, Investment Banking Analysis, Investment Economics, Investment Management Systems, Investment Performance Measurement, Investment Risk, Investment Risk Management, Market Risk, Operational Risks, Performance Management (PM), Quality Management, Risk Management, Standard Operating Procedure (SOP)

Additional Job Details

Address:

RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

PERSONAL & COMMERCIAL BANKING

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-09-03

Application Deadline:

2025-09-18

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

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