Associate Director - Compliance Risk and Controls Manager

What is the Opportunity?

The Compliance Risk and Controls Manager is responsible for leading and executing the core Operational Risk Management mandate and processes for U.S. Compliance, including related Enterprise Risk Management framework activities, for U.S. Compliance, consistent with the established Enterprise Regulatory Compliance Management ("RCM") Framework and associated governing documents.

What will you do?

• Lead the execution of the core Operational Risk Management mandates / responsibilities for U.S. Compliance, including associated Enterprise Risk Management framework processes.

• Lead the Risk and Control Self-Assessment (RCSA) process for U.S. Compliance, inclusive of the business segment Compliance Oversight and Advisory teams (COATs) and support the maintenance of the Risk and Control registers within ORMS.

• Apply entrepreneurial approach for continuous improvement and efficiency of the RCSA and related programs / processes.

• Lead the review, uplift, and routine maintenance of U.S. Compliance owned controls.

• Promote consistent application of RCM framework across all US Compliance teams, and advocate for any compliance-specific needs in other risk management standards and requirements.

• Support any organization of or participation in meetings, process, and communications associated with Operational Risk Management for Compliance in the U.S., where needed.

• Monitor process effectuating accountability for open action plans and impact assessments. Escalate challenges and deficiencies as needed.

• Act as the main point of contact for operational risk related processes for U.S. Compliance, including acting as the liaison / POC with Enterprise RCM, as well as other Risk Management functions including Group Risk Management Operational Risk for, among others, implementing strategic enhancements to systems and processes and addressing inquiries.

• Support the development and management of a process to connect operational risk management related processes with RCM programs, such as Compliance Testing and Monitoring, as appropriate.

• Participate in external trade groups and other forums to stay on top of industry developments and trends.

What do you need to succeed?

• Education Level: University degree or equivalent experience

• Experience: At least 7+ years' experience in the financial services industry in Compliance, Legal Department or at a financial institutions regulator

• Deep knowledge of and familiarity with FINRA, SEC, MSRB, FRBNY, CFPB and OCC rules and regulations and expectations

• Experience working and interfacing with regulators and audit partners

• Strong project management and organizational skills, with a high degree of attention to detail

• Experience with operating in a highly matrixed environment

• Ability to operate independently as well as collaboratively to generate solutions (self starter)

• Ability to work with data (including data presentation, trending and analysis)

• Ability to manage heavy workload and strong prioritization judgement

• Excellent communication, influencing and presentations skills

• Strong project management and organizational skills, with a high degree of attention to detail

• Ability to operate independently as well as collaboratively to generate solutions

• Strategic thinking and ability to understand overall compliance risk management framework

• Ability to connect the dots and understand the interconnectivity and interdependency between regulatory change/content and other compliance risk management framework elements

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 (New Jersey/California), 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

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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.