Managing Director, Global Head of Control Room

What is the opportunity?

The Managing Director - Global Head of Control Room, Investment Banking, Research, and Conflicts Compliance is responsible for overseeing and enforcing information barriers, managing conflicts of interest, ensuring regulatory compliance, and upholding the integrity of the firm’s investment banking and research activities. This role requires strategic leadership, regulatory expertise, and collaboration with senior business and compliance leaders to mitigate legal and reputational risks.

The role involves both direct and dotted line reporting across Toronto, the U.S., London, and APAC region.

What will you do?

Control Room, Conflicts Office, Banking, and Research Compliance Leadership (“Private-Side Business Activities and Functions”)

• Provide senior-level global regulatory advice and guidance on all aspects of Control Room matters, including conflicts of interest, banking, research, and information barrier frameworks.
• Set global strategic priorities and annual objectives for Private-Side Business Functions
• Oversee and drive the strategic direction of the Conflicts Office, ensuring effective management of real or perceived conflicts arising from the firm’s client engagements.
• Lead the Research Monitoring Oversight function, ensuring robust oversight of interactions between Investment Banking and Research, including the vetted calls process, and chaperoning or monitoring of meetings.
• Oversee technology applications supporting all specified programs, requiring engagement with Technology partners and vendors to manage process enhancements, budget allocation, and system performance across the Control Room.
• Act as the key relationship manager with senior business leaders, providing advisory support on complex regulatory and conflicts matters.

Conflicts Management & Information Barriers

• Oversee the firm’s global conflicts management framework, ensuring the identification, assessment, and mitigation of potential conflicts of interest.
• Manage deal review processes, ensuring appropriate governance over client commitments that could result in conflicts between clients, or employees.
• Maintain and enhance the firm’s Global Information Barriers framework, ensuring proper segregation and access controls of private-side and public-side activities.

Research Compliance & Monitoring Oversight

• Ensure compliance with global regulations governing research, including independence, disclosure, and conflicts management.
• Oversee the firm’s Research Monitoring Oversight framework, ensuring effective controls over investment banking and research interactions.
• Manage and enforce policies on vetted calls, chaperoning, and other controls to uphold regulatory and ethical standards.
• Lead compliance initiatives to monitor for adherence to compliance policies, ensuring global consistency and effectiveness.

Regulatory Oversight & Risk Management

• Act as a senior representative in global regulatory discussions, ensuring the firm remains ahead of evolving compliance expectations.
• Oversee or participate in applicable investigations, regulatory inquiries, audits, and interactions with key regulators such as the CIRO, SEC, FINRA, and FCA.
• Implement compliance monitoring programs, including surveillance and risk assessments to ensure policy effectiveness.
• Stay abreast of emerging regulatory trends, advising senior leadership on strategic responses to new compliance requirements.

Leadership & Global Compliance Initiatives

• Represent Compliance on key global management and oversight committees.
• Oversee best practices and policy development across Global Information Barriers, Research, Personal Trading, and Conflicts policies.
• Lead and contribute to global compliance projects and initiatives, ensuring alignment with industry standards and regulatory developments.
• Mentor and manage a high-performing global compliance team, fostering a strong risk and compliance culture.

What You Need to Succeed?

• Bachelor’s Degree
• 15-20+ or more years of experience in control room, research and investment banking compliance including Equity Capital Markets.
• Expertise with global research rules (including safe harbors), their application, and the research settlement.
• Experience handling complex investment banking and research matters
• Strong understanding of corporate banking, investment banking, and research operations across multiple regions

Preferred:

• An advanced degree (JD, MBA, or Master’s)
• Proficiency in drafting clear and technically precise regulatory guidance, policies, and procedures.
• Strong ability to communicate regulatory matters effectively to key stakeholders.
• Experience in supporting ad hoc internal regulatory investigations.

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

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.