Job Description

Job Summary

Job Description

What is the opportunity?

The Chief Legal and Administrative Office (CLAO) is expanding our privacy risk management team to include a Senior Manager, Privacy Risk. Our team ensures that RBC’s US Business Segments are equipped to meet all business and regulatory requirements and client expectations in relation to Privacy Risk Management. The Senior Manager, Privacy Risk will be an integral part in strategically planning, overseeing, and managing complex enterprise-wide initiatives as part of RBC’s ongoing plan to improve governance across our RBC US Business Segments. In this role you will oversee the implementation of privacy procedures and controls for RBC’s US Wealth Management (USWM) and Capital Markets (USCM) business segments.

The Privacy Senior Manager will be instrumental in operationalizing a true Three Lines of Defense (3LOD) privacy risk management model to protect client and employee personal information and bolster RBC’s well-earned reputation as a trusted, world-class financial institution. Does privacy excite you? Do you talk to your friends and family about privacy principles, translating them in ways that they readily understand? If you are a true privacy evangelist, excited about the idea of engaging businesses and internal functional teams and equipping them to manage the privacy risk they generate, then this is your dream opportunity.

What will you do?

• Provide Second Line of Defense oversight and challenge supporting first-line risk owners for USWM and USCM business segments and functions
• Ensure USWM and USCM business segments and functions are equipped to meet all business and regulatory requirements and expectations, governing law, and other applicable laws in relation to Privacy Risk Management
• Help USWM and USCM business segments and functions meet RBC’s commitments to honoring key privacy principles such as accountability, consent, safeguarding, transparency, and appropriate use of personal information
• Provide a consolidated view of USWM and USCM Privacy Risk Management risks and practices as part of a coordinated privacy risk management program across RBC’s Combined US Operations
• Work width the relevant business stakeholders to ensure privacy regulatory and policy matters are well understood by identifying and escalating execution gaps and ensuring compliance through issues management

• Monitor and manage regulatory developments in the US and applicable international jurisdictions and initiate strategies to proactively identify and mitigate emerging privacy and compliance risks
• Promote and maintain positive regulatory relationships and be a key point of contact for privacy Regulators engaging US-WM and USCM on regulatory compliance issues, exams, investigations and inquiries
• Lead the completeness of Regulatory Compliance Management (RCM) activities, including identifying and managing, trigger events, reviewing and challenging risk assessments and controls, and conducting related monitoring and testing
• Lead the identification and response to Privacy Risk Management requirements and review privacy assessments for processes and third-party engagements whose scope includes personal information

What do you need to succeed?

Must-have

• 5 or more years of experience facilitating privacy risk assessment, providing advisory oversight, managing regulatory compliance, and handling of privacy risk related “incidents”, “issues”, “breaches”, “complaints”, and “events”
• Deep knowledge of legal and regulatory requirements for Privacy Risk Management for financial institutions
• Experience communicating and interacting with one or more regulatory agencies such as OCC, SEC, FDIC, Federal Reserve, FINRA, and NYSDFS, including inquiry and breach management
• Demonstrated analytical skills with a strategic mindset and demonstrated ability to impact and influence
• Deadline-driven and results-oriented; able to meet consistently high-quality standards while handling a variety of tasks and deadlines simultaneously.

Nice-to-have

• CIPP Certification preferred or willingness to complete within 1 year
• Ability to facilitate between and influence key decision makers
• As RBC’s approach to privacy is very focused on identifying and managing privacy risks, experience implementing risk management frameworks and understanding of the 3LOD model is strongly preferred
• IAPP, CIPP, or CIPM certifications

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 competitive compensation, bonuses, and flexible benefits
• Continued opportunities for career advancement
• World-class sales training, coaching, and development opportunities
• Support from a dynamic, collaborative, progressive, and high performing team, as well as world-class tools and training
• Opportunity to achieve great success and grow your career with RBC

The good-faith expected salary range for the above position is $110,000 - $190,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. This salary range 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

#LI-POST

#LI-Hybrid

Job Skills

Audits Compliance, Consumer Privacy, Critical Thinking, Data Gathering Analysis, Data Privacy, Decision Making, Financial Regulation, Global Privacy, Industry Knowledge, Interpersonal Relationship Management, OneTrust Privacy Management, Privacy by Design, Privacy Impact Assessments, Privacy Laws, Privacy Management, Privacy Policies, Product Services, Risk Management, Strategic Thinking

Additional Job Details

Address:

GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITY

City:

Jersey City

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

CHIEF LEGAL & ADMIN OFFICE GRP

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-09-10

Application Deadline:

2025-06-30

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

I nclusion 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.

Job Tags

Full time, Flexible hours,

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