Associate Director, Regulatory Content
RBC Capital
Job Summary
Job Description
What is the Opportunity?
This role will be responsible for the oversight and maintenance of RBC’s global regulatory inventory. This second line of defense (2LOD) role is responsible for maintaining an enterprise-wide inventory of RBC’s regulatory obligations and serving as the subject matter expert on RBC’s Horizon Scanning, Applicability & Impact Assessment workflow processes, regulatory inventory, and associated vendor platforms.
What will you do?
- Support the maintenance and expansion of RBC’s Regulatory Obligations Inventory and serve as the SME to program stakeholders for associated RegTech platforms
- Maintain a centralized regulatory inventory, including taxonomy alignment with products, services, business units, and laws/regulations
- Monitor regulatory developments impacting RBC’s operations globally and coordinate with internal program stakeholders to oversee
- Develop dashboards and reports for senior leadership and regulatory examiners to provide transparency on regulatory developments and compliance status
- Develop and maintain metrics to measure the effectiveness of the regulatory change management program and identify areas for improvement
- Serve as primary point of contact with RegTech vendor to oversee platform enhancements and escalate matters requiring resolution
- Execute compliance monitoring quality assurance reviews which audits the effectiveness of the internal controls as reflected in the related RCM program such as validating effectiveness of horizon scanning activities
- Oversight and maintenance of RBC’s regulatory inventory (i.e. authoritative sources), remediation of data requiring enhancement
- Act as a subject matter expert on the Regulatory Content Standard and supporting procedures and processes
What do you need to succeed?
- BA/BS Degree Required
- 7-10 years of compliance (or equivalent) experience obtained in a financial institution, accounting, consultancy, or law firm
- Certifications such as CRCM is a plus
- Juris Doctor as plus
- Familiar with regulations and compliance strategies and risk management; possesses and demonstrates expertise in the advisory, policy, change management, project management and operations
- Expert on RegTech platforms such as Archer, CUBE or Compliance.ai
- Experience building out a legal / regulatory obligations library
Nice to Have
- Exceptional interpersonal skills and superior judgment
- Solution driven
- Ability to accept accountability, assume pro-active leadership, demonstrate initiative, and lead by example in teamwork, cross-unit co-operation, information sharing
- Ability to maintain confidentiality of highly sensitive information
- Advanced skills in Microsoft Excel and PowerPoint
- Strong written and oral communication skills
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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
- Leaders who support your development through coaching and managing opportunities.
- Ability to make a difference and lasting impact.
- Work in a dynamic, collaborative, progressive, and high-performing team.
- Opportunities to do challenging work.
- Opportunities to build close relationships with clients.
The expected salary range for this particular position is $110,000-$190,000, depending on your experience, skills, and registration status, market conditions and business needs.
You have the potential to earn more through RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.
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
Job Skills
Audits Compliance, Critical Thinking, Data Gathering Analysis, Decision Making, Financial Regulation, Industry Knowledge, Interpersonal Relationship Management, Product Services, Risk Management, Strategic ThinkingAdditional Job Details
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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 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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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.