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 Director, Regulatory Change, Canada



What is the opportunity?

Join RBC\xe2\x80\x99s Compliance Department to lead the Canadian Regulatory Change (CRC) team supporting the wealth management, capital markets and banking businesses. This role provides an opportunity to support RBC\xe2\x80\x99s businesses in navigating Canada\xe2\x80\x99s changing regulatory landscape.

What will you do?

• Lead the Canadian Regulatory Change (CRC) team through the monitoring of regulatory developments (including regulatory enforcement actions), leveraging unique subject matter expertise, determine the relevance of regulatory changes, accountabilities, impact on Canadian Business Segments and other 2LOD and 1LOD stakeholders..
• Provide advice based on broad expertise to ensure timeliness and accuracy of the advocacy activities of the CRC team, including providing support to key stakeholders on responding to initial comment letters and other requests relating to regulatory change, as well as representation on industry committees as relevant.

• Support Regulatory Strategy Committee and coordinate with global peers on regulatory change processes, governance, strategy and cross-regional regulatory change.

• Lead and develop a diverse group of Senior Managers reporting to the Director role, utilizing broad expertise to provide and facilitate necessary training and development, and performance management activities.

• Coach and mentor to motivate the team into a cohesive, highly motivated and satisfied work group through developing mandates, goals and providing assessment of performance, fully utilizing RBC Rewards & Recognition program and coaching on areas for personal and group development

What do you need to succeed?

Must-have

• 7-10 years of progressive experience in a Compliance, Legal and/or Risk Management role
• Understanding of/ experience in analyzing and interpreting regulatory requirements
• Strong knowledge and understanding of securities and banking businesses
• The ability to work independently, and with senior stakeholders, and take all views into account
• Ability to simplify and streamline methodologies and processes using innovation
• Ability to quickly adapt to changes while still achieving goals

Nice-to-have

• Law degree

What is in it for you?

We thrive on the challenge to be our best, progressive thinking, to keep growing, and working together to build and deliver trusted reporting to help our stakeholders succeed 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,
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to take on progressively greater accountabilities

Job Summary

Address: TORONTO, Ontario, Canada

City: CAN-ON-TORONTO

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: Group Risk Management

Job Type: Regular

Pay Type: Salaried

Posted Date: 2023-04-04

Application Deadline: 2023-04-19

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