Job Description

Come Work with Us!

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you\xe2\x80\x99re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title Associate Director, Regulatory Solutions



What is the opportunity?

The Custody and Network Management unit is responsible for Global & Domestic custody (\xe2\x80\x9cCustody\xe2\x80\x99), network management, GFP, Primary markets products (ETFs, Loans), ICS and Benefit payments (\xe2\x80\x9cCustody Services\xe2\x80\x9d) within Investor Services (\xe2\x80\x9cIS\xe2\x80\x9d). The Regulatory Solutions team is a sub-group of the Custody and Network Management unit with a global oversight mandate on the regulatory environment.

In this role, you will support the overall product strategy and direction by identifying and assessing the impact of the regulatory environment on RBC Investor Services\xe2\x80\x99 products and services. You will initiate research and ensure timely communication of regulatory developments. Working with product managers, you will support designing and developing products considering the regulatory change.

What will you do?

• Responsible for monitoring the regulatory environment and identifying and communicating critical regulations.
• Proactively assess regulatory changes affecting I&TS products and its clients from a business perspective.
• Proactively involved in assessing available market intelligence and stakeholder feedback (clients and functions) on strategy and evolution of the custody business, including target market, features, product/service experience, regulation and compliance.
• Maintain and review material for internal or external audiences, including but not limited to High-Level Identification & Assessment Reports (HLIARs), Regulatory One-Pagers, and Regulatory Presentations;
• Liaise with and advises internal partners on possible regulatory impacts, with the concurrence of the Director, Regulatory Solutions;
• Partner with key business and functional groups to successfully manage evolving global regulatory developments for I&TS, including the following: Supporting the development of business cases in collaboration with Product teams; Working in an advisory capacity in regulatory projects and initiatives;
• Support our client-facing staff to respond to client queries specific to regulatory impacts and changes.
• Participate in internal and client communication efforts.

What do you need to succeed?

Must-have

• BA or BSc in business, finance, economics and/or Law, or other relevant degree
• 10-15 years progressive financial industry experience, with a specific focus in securities finance and global markets
• Sound knowledge of capital markets, investment fund and custody markets, banking sector and related industry regulations
• Demonstrated understanding of regulatory / compliance risk and finance principles
• Prior experience in the implementation of complex and effective solutions and projects
• Proven track record of applying creative solutions to complex problems
• Strong corporate knowledge
• Excellent verbal and written communication skills
• Demonstrated ability to build consensus across disciplines, departments and platforms
• Works with minimal supervision and guidance
• Results oriented
• Team player

Nice- to-have

• Master\xe2\x80\x99s Degree
• Professional qualifications from a recognized industry body
• Excellent verbal and written communication skills in French

What\xe2\x80\x99s 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.

• Excellent exposure to communicate with various business partners and stakeholders in Investor & Treasury Services and within other platforms as appropriate
• Working with an exciting, close-knit, supportive & dynamic group
• Opportunity to collaborate with other business segments within the bank
• A comprehensive Total Rewards Program including bonuses and flexible benefits
• Competitive compensation

Job Summary

Address: TORONTO, Ontario, Canada

City: CAN-ON-TORONTO

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: Wealth Management

Job Type: Regular

Pay Type: Salaried

Posted Date: 2023-03-15

Application Deadline: 2023-06-09

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.

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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 rbc.com/careers.

Royal Bank of Canada