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Royal Bank of Canada

Associate Director | Compliance | Trade Surveillance

Royal Bank of Canada, Jersey City, New Jersey, United States, 07390


An organization is seeking an

Associate Director | Compliance | Trade Surveillance .

Be a part of a global team that is responsible for developing, enhancing, and maintaining the framework and methodologies relating to surveillance calibration, validation and optimization, analytics, and reporting. Responsible for executing these framework elements.

What will you do?

Execution of standards for surveillance scenario calibration, validation, optimization, analytics, and reporting.

Responsible for performing scenario calibration and re-calibration employing statistical analysis and other quantitative measurements to improve the effectiveness and efficiency of surveillance alerts.

Perform validation and effectiveness reviews of various trade surveillances that involve an assessment of business specifications, regulatory coverage, product coverage, design implementation, etc.

Coordinate with Regional Heads of Surveillance and Regional Surveillance Leads to review quantitative output from calibrations and effectiveness reviews and to overlay qualitative elements to optimize scenarios and improve alert productivity.

Responsible for conceiving and developing (or working with Technology to develop) Surveillance metric dashboards and reporting packs for internal (Surveillance team) and external publication that involve performance, operational, and risk metrics.

Contribute to the continuous improvement of the operating model for surveillance calibration, validation, optimization, analytics, and reporting.

Identify areas of improvement based on the calibration and validation findings and other key inputs.

What do you need to succeed?

Post-secondary education or equivalent work experience.

4+ years of experience performing and/or supporting surveillance activities for institutional sales and trading businesses.

Strong subject matter expertise on market abuse and strong technical knowledge of capital markets regulatory requirements.

Strong knowledge of industry best practices relating to surveillance techniques and methodology.

Experience working in a global organization with global teams across multiple regions, large and complex initiatives.

Experience and communication skills necessary to interact regularly with senior management within Compliance and the business.

Experience with effectively interacting and communicating surveillance standards and approaches with internal auditors and external parties, including regulators, is a plus.

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 bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable.

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.

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