Manager, ESG Risk

The Royal Bank of Canada is seeking a Manager, ESG Risk in Toronto, ON. This role involves supporting the measurement and management of ESG risk, leading research on emerging risks, and providing expertise on climate and decarbonization. Candidates should have a strong interest in ESG, 3+ years of experience, and excellent communication skills. The position offers a collaborative environment and opportunities for professional growth.
Job Summary

Job Description

What is the opportunity?

The purpose of this job is to support RBC’s processes for measuring, managing, and monitoring ESG risk. This is an evolving focus area that supports new approaches for translating ESG risk insights into action.

The Manager will be a member of the ESG Risk Engagement & Oversight Team within Enterprise Risk.

What will you do?
• Work with the Director, ESG Risk Engagement & Oversight on a variety of internal risk management projects (e.g., sustainable finance, transition plan assessments, new metric development, etc.)
• Lead new research to identify and manage emerging areas of ESG risk
• Provide climate, energy transition, and decarbonisation subject matter expertise when reviewing credit transactions and advising business teams
• Support the data analysis and data visualization needs of the team
• Support the preparation of internal management reports and presentations for Group Executive, GRM senior management, and other internal audiences.
• Support the development and implementation of a process to integrate environmental, climate, and social risk into our existing risk management framework, including in relation to establishing an approach to understanding the impact of these risks on credit risk.
• Support the review of external disclosures (e.g., Annual Report, ESG Report, shareholder requests, rating agency data requests, etc.) in an accurate, consistent, complete, and timely manner
• Keep abreast of evolving ESG trends, regulatory requirements, and ESG risk best practices

What do you need to succeed?

Must Haves
• An interest in ESG Risk in general – and sustainable finance, the energy transition, and/or climate change in particular
• 3+ years of work experience
• An ability to manage competing tasks and complex decarbonisation issues
• An ability to research, process, and synthesise large volumes of information into insights for senior leaders
• Excellent written and verbal communication skills
• Commitment to quality and accuracy with a high level of attention to detail

Nice to Have
• Graduate degree in a sustainability-related discipline
• Data analysis and data visualization skills
• Knowledge or familiarity with the climate risk and/or target setting guidance issued by PCAF, NZBA, TCFD, ISSB, and/or OSFI (B-15)
• Experience with, or knowledge of, decarbonizing hard-to-abate sectors (e.g., agriculture; aluminum; cement; coal; commercial and residential real estate; iron and steel; oil and gas; power generation; and transportation)
• Experience working with a diverse range of stakeholders

What is in it for you?

We thrive on the challenge to be our best, progressive thinking, to keep growing, and working together to build and deliver trusted reporting to help our stakeholders succeed 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 Statistics, Credit Analysis, Decision Making, Investment Risk Management, Operational Risks, Process Management, Quantitative Methods, Risk Management, Standard Operating Procedure (SOP)

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:

2025-03-17

Application Deadline:

2025-03-25

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 embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
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We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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