Associate Director, Wealth Management Canada Compliance

What is the opportunity?

The Associate director, as an integral member of the RCM (Regulatory Compliance Management) Oversight and Reporting Team (RORT), will support the Director in the administering and executing of RCM oversight responsibilities for Wealth Management and Insurance business segments. Responsible for ongoing monitoring and reporting of key RCM metrics covering WM and INS business lines in the Canada and the Caribbean. Active in promoting best practices relating to common program elements; act as a Centre of Expertise on RCM Enterprise standards within the Compliance function supporting WM and INS.

*Please note: this is a 9 to 12-month contract position*

What will you do?

• Regulatory Compliance Management oversight responsibilities for Wealth Management and Insurance Canadian lines of business, including RBC DS, RBC DS Global Limited, Phillips, Hager & North Investment Counsel Inc., RBC Private Counsel (USA) Inc., RBC Royal Trust, among others.
• Monitoring and reporting to VP and Compliance Oversight and Advisory Teams of key Risk Assessment and Issues Management metrics to ensure alignment with risk appetite measures
• Perform periodic reviews of trigger events, regulatory content feed reviews and ad hoc self-assessments for impacted regulated entities
• Provide support and coordination for the RCM program. Liaise closely with Compliance colleagues and other functions/1LOD partners where applicable to ensure a consistent RCM approach.
• Manage various internal reporting requirements to provide meaningful, accurate and timely information to senior management, including in respect of RCM.
• Additional general support includes guidance on Reg development/Assessable Unit Impact, RCM access, ad-hoc information requests, RegComp and CAMLA training, participation in various working groups, and ongoing review of RCM database for underlying data integrity.

What do you need to succeed?

Must have

• 5-7 years of relevant working experience
• Post-secondary education or equivalent
• Direct compliance or risk experience supporting Wealth Management
• Working knowledge of and previous experience with Compliance Governance, Regulatory Compliance Management/OSFI E-13, and securities/regulatory environment
• Generalist across multiple compliance subject areas
• Strong knowledge of industry best practices relating to Compliance
• Experience and ability to deal with senior leaders

Nice to have

• Conduct and Practices Handbook Course
• Canadian Securities Course

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.

• Leaders who support your development through coaching and managing opportunities

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

• Opportunities to do challenging work

Job Skills

Additional Job Details

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.