Royal Bank of Canada
Director, U.S. Regulatory Initiatives
Royal Bank of Canada, Jersey City, New Jersey, United States, 07390
Job Summary
What is the Opportunity?
This role is part of US Enterprise Risk Management, responsible for executing regulatory related processes that affect US Enterprise Risk Management, US Enterprise Risk Management Transformation and more broadly GRM across the U.S.
What will you do?
Create and maintain regulatory gap assessments for key U.S. regulations that impact GRM in the U.S.
Work closely with GRM partners to document controls, test control effectiveness, and document any control deficiencies through the creation of Self-Identified Issues.
Be knowledgeable about industry best practices as it relates to regulations assessed to ensure that RBC meets regulatory requirements.
Lead the improvements to the compliance programs to create the shift from annual to ongoing activities.
Provide execution and oversight of US Enterprise Risk Management and US Enterprise Risk Management Transformation’s Regulatory Compliance Management (RCM) program.
Identify new regulations and changes to existing regulations that impact the departments and facilitate the documentation of controls, gaps and remediation plans.
Work with Enterprise RCM teams to drive a consistent process across the organization.
Maintain responsibility model that outlines key Senior Management Functions with roles intended to fulfill the required governance and oversight requirements of the firm as defined in the Combined US Operations (“CUSO”) Risk Management Framework.
What do you need to succeed?
Bachelor’s Degree in Business, Finance, Law or other related fields.
5 years in risk management or interpreting regulation.
Familiarity with the U.S. Regulatory landscape.
General knowledge of key risk disciplines e.g., enterprise, market, counterparty credit, liquidity risk and Operational Risk.
Knowledge of industry best-practices on self-assessments against regulatory model guidelines.
Proven experience with transformational roles that require consensus-building across a large number of people.
Managing projects and initiatives for multiple stakeholders.
Strong written and verbal communication skills required.
In-depth knowledge of MS Office.
Preferred: Master’s Degree in Business, Finance, Law or other related fields or Risk Management (ex. FRM) certification.
What’s in it for you?
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.
The good-faith expected salary range for the above position is $160,000 - $250,000 (New Jersey) depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.
Additional Job Details
Address: CNB, 30 HUDSON STREET: JERSEY CITY
City: Jersey City
Country: United States of America
Work hours/week: 40
Employment Type: Full time
Platform: GROUP RISK MANAGEMENT
Job Type: Regular
Pay Type: Salaried
Posted Date: 2024-10-29
Application Deadline: 2024-12-31
Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities. We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. 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.
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What is the Opportunity?
This role is part of US Enterprise Risk Management, responsible for executing regulatory related processes that affect US Enterprise Risk Management, US Enterprise Risk Management Transformation and more broadly GRM across the U.S.
What will you do?
Create and maintain regulatory gap assessments for key U.S. regulations that impact GRM in the U.S.
Work closely with GRM partners to document controls, test control effectiveness, and document any control deficiencies through the creation of Self-Identified Issues.
Be knowledgeable about industry best practices as it relates to regulations assessed to ensure that RBC meets regulatory requirements.
Lead the improvements to the compliance programs to create the shift from annual to ongoing activities.
Provide execution and oversight of US Enterprise Risk Management and US Enterprise Risk Management Transformation’s Regulatory Compliance Management (RCM) program.
Identify new regulations and changes to existing regulations that impact the departments and facilitate the documentation of controls, gaps and remediation plans.
Work with Enterprise RCM teams to drive a consistent process across the organization.
Maintain responsibility model that outlines key Senior Management Functions with roles intended to fulfill the required governance and oversight requirements of the firm as defined in the Combined US Operations (“CUSO”) Risk Management Framework.
What do you need to succeed?
Bachelor’s Degree in Business, Finance, Law or other related fields.
5 years in risk management or interpreting regulation.
Familiarity with the U.S. Regulatory landscape.
General knowledge of key risk disciplines e.g., enterprise, market, counterparty credit, liquidity risk and Operational Risk.
Knowledge of industry best-practices on self-assessments against regulatory model guidelines.
Proven experience with transformational roles that require consensus-building across a large number of people.
Managing projects and initiatives for multiple stakeholders.
Strong written and verbal communication skills required.
In-depth knowledge of MS Office.
Preferred: Master’s Degree in Business, Finance, Law or other related fields or Risk Management (ex. FRM) certification.
What’s in it for you?
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.
The good-faith expected salary range for the above position is $160,000 - $250,000 (New Jersey) depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.
Additional Job Details
Address: CNB, 30 HUDSON STREET: JERSEY CITY
City: Jersey City
Country: United States of America
Work hours/week: 40
Employment Type: Full time
Platform: GROUP RISK MANAGEMENT
Job Type: Regular
Pay Type: Salaried
Posted Date: 2024-10-29
Application Deadline: 2024-12-31
Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities. We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. 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.
#J-18808-Ljbffr