Associate Director, Regulatory Relations

Job SummaryJob DescriptionWhat is the Opportunity?Aids in the maintenance of effective regulatory relations with the Federal Reserve and Office of the Comptroller of the Currency (OCC) and compliance program for RBC’s prudential regulator ongoing supervision, continuous monitoring, and exams (collectively, Regulatory Engagements).What will you do?Facilitates examinations and routine meetings conducted by RBC’s prudential regulators (primarily the Fed and OCC) for matters related to RBC’s U.S. businessesCoordinates and/or conducts due diligence and determines materiality of regulatory issues raised in connection with regulatory requests and examinationsWorks closely with relevant subject matter experts and stakeholders across CUSO to draft and prepare responses to regulatory requests and examinationsMaintains thorough knowledge of banking regulations, bank operations and procedures, risk management controls, and other internal control objectives and practices, relevant to RBC’s prudential regulatorsFacilitates and summarizes examiners’ findings and perspectives and provides notification and escalation as appropriateContribute to and manage technical enhancements and expansion of the department’s Regulatory Engagement recordkeeping system, as applicableSummarizes and prepares reporting that communicates exam activity and issues for ExecutivesPrepares internal reports for RBC Management and Boards of Directors, and promotes information sharing of existing and new material regulatory issuesComplete special projects, as assignedWhat do you need to succeed?Bachelor’s degreeSignificant regulatory and reputational impactInterpretation and scoping of regulatory requests and responsesDetermines if regulatory matter as applied to RBC policies and procedures presents risk to RBC or an individualDetermines if matter warrants risk escalation and to whomEvaluates RBC policies and procedures through review of cases and may recommend policy and procedure enhancementIndependent review and challenge of managements’ responses to regulatory mattersWhat’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 applicableLeaders who support your development through coaching and managing opportunitiesAbility to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamOpportunities to do challenging workOpportunities to build close relationships with clientsThe good-faith expected salary range for the above position is $110,000 - $190,000 (New Jersey/New York( 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.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 cultureEnables collective achievement of our strategic goalsGenerates sustainable shareholder returns and above market shareholder value#LI – Hybrid#LI – POSTJob SkillsCritical Thinking, Decision Making, Financial Regulation, Industry Knowledge, Interpersonal Relationship Management, Regulatory Engagement, Strategic ThinkingAdditional Job DetailsAddress:GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITYCity:Jersey CityCountry:United States of AmericaWork hours/week:40Employment Type:Full timePlatform:LAW AND COMPLIANCEJob Type:RegularPay Type:SalariedPosted Date:2024-10-11Application Deadline:2024-12-31Inclusion and Equal Opportunity EmploymentAt 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 CommunityStay 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.Job SummaryJob number: R-0000102334Date posted : 2024-10-17Profession: Audit | Compliance | Legal | RiskEmployment type: Full time