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 youre 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 Senior Manager, Wealth Management Canada Compliance



What is the opportunity?

As Senior Manager, you support the Wealth Management (WM) Canada (including RBC Dominion Securities Inc. (RBC DS)), RBC Direct Investing Inc. (RBC DI) and RBC InvestEase Inc. (RBC IE) lines of business in complying with securities legislation and other regulatory requirements, including: the Canadian Investment Regulatory Organization (formerly IIROC) (CIRO) rules, the provincial Securities Acts and National Instruments, securities exchange rules and internal policies and procedures that align with these requirements. Additionally, you support the firms compliance with Regulatory Compliance Management (RCM) requirements.

What will you do?

• Manage a team of Compliance Managers who support the RBC DS, RBC DI and RBC IE businesses, providing ongoing guidance, training and coaching to team members.
• Ensure securities regulatory compliance by RBC DS, RBC DI and RBC IE by identifying, managing and monitoring regulatory risks associated with these businesses, with appropriate escalation to the Director, WM Canada Compliance and Chief Compliance Officers of RBC DS, RBC DI and RBC IE, as applicable, in a timely manner.
• Act as the first point of contact for RBC DS Regional Directors and Branch Directors on compliance matters.
• Handle escalated matters for RBC DS, RBC DI and RBC IE as needed, including advisory inquiries, client complaints and outside activities. Ensure stakeholders handle matters in compliance with securities and other regulations and internal policies and procedures.
• Complete compliance risk assessments relating to regulatory or internal initiatives as required.
• Assist with policy development, as well as delivery of training to the businesses.
• RCM responsibilities, including risk assessments, monitoring, issues management, regulatory reviews, trigger assessments, system updates and training initiatives.
• Regulatory initiatives, including requirements relating to NI 31-103, NI 33-109 and CIRO consolidated rules.

What do you need to succeed?

Must-have

• Fluency in French (both written and spoken) is a requirement for this role.
• 7-10 years of experience in the securities industry, with minimum 7 years of relevant experience related to registrant (e.g., CIRO dealer) activities.
• Risk management and/or regulatory compliance advisory experience. Experience in securities and trading.
• People management experience.
• Experience implementing regulatory change initiatives.
• University degree.

Nice-to-have

• University degree in business, finance, law or related disciplines.
• Conduct and Practices Handbook Course, Canadian Securities Course.
• RCM experience is an asset.

Whats 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.

• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in an agile, collaborative, progressive, and high-performing team
• The opportunity to interface with senior level executives from many different parts of the organization

Job Summary Establishes effective business unit compliance programs to prevent or identify illegal, unethical, or improper business practices. Applies extensive, in-depth knowledge, skills, and practices to perform complex assignments.

Address: TORONTO, Ontario, Canada

City: CAN-ON-TORONTO

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: Law and Compliance

Job Type: Regular

Pay Type: Salaried

Posted Date: 2023-08-21

Application Deadline: 2023-09-05

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