Associate Director, Regulatory Change Management
Top Benefits
About the role
What is the opportunity?
This role will be responsible for developing and overseeing a comprehensive regulatory change management program to ensure RBC’s compliance with regulatory requirements. This second line of defense (2LOD) role is responsible for the governance and oversight of RBC’s enterprise-wide regulatory change framework that monitors, assesses, documents, and operationalizes federal and state regulatory developments across RBC’s operations globally.
What will you do?
- Act as a subject matter expert on the Regulatory Change Management (RCM) Framework and Regulatory Change Management Standard and supporting procedures and processes
- Implement and oversee the RCM Program governance model inclusive of coordination of the oversight committee, internal communications, and reporting to executive leadership
- Conduct training for program stakeholders regarding program requirements, minimum standards, and best practices
- Identify key gaps in the execution of the Regulatory Change Management Standard and recommends possible methodology improvement and training opportunities
- Develop and maintain robust relationships with Regional Hub Leaders as well as Compliance Oversight and Advisory Teams to support consistency of execution and maturity of the RCM Program, working in coordination with relevant teams
- Keep current on emerging risks, trends and evolving regulatory requirements for Compliance
- Serve as central point of contact for independent testing inclusive of Internal Audit, Compliance Testing, and Regulatory Exams
- Support tracking of implementation of process/control changes and post-implementation reviews
- Support for offline processes such as the Law Group engagement model
What do you need to succeed?
- BA/BS Degree Required
- 7-10 years of compliance (or equivalent) experience obtained in a financial institution, accounting, consultancy, or law firm
- Certifications such as CRCM is a plus
- Familiar with regulations and compliance strategies and risk management; possesses and demonstrates expertise in the advisory, policy, change management, project management and operations
- Experience with of RegTech platforms such as Archer, CUBE or Compliance.ai
- Experience with building and maintaining an enterprise-wide regulatory inventory
Nice to Have
- Exceptional interpersonal skills and superior judgment
- Solution driven
- Ability to accept accountability, assume pro-active leadership, demonstrate initiative, and lead by example in teamwork, cross-unit co-operation, information sharing
- Ability to maintain confidentiality of highly sensitive information
- Advanced skills in Microsoft Excel and PowerPoint
- Strong written and oral communication skills
What'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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
- 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 expected salary range for this particular position is $110,000-190,000, depending on your experience, skills, and registration status, market conditions and business needs.
You have the potential to earn more through RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.
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 culture
- Enables collective achievement of our strategic goals
- Generates sustainable shareholder returns and above market shareholder value
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.
Associate Director, Regulatory Change Management
Top Benefits
About the role
What is the opportunity?
This role will be responsible for developing and overseeing a comprehensive regulatory change management program to ensure RBC’s compliance with regulatory requirements. This second line of defense (2LOD) role is responsible for the governance and oversight of RBC’s enterprise-wide regulatory change framework that monitors, assesses, documents, and operationalizes federal and state regulatory developments across RBC’s operations globally.
What will you do?
- Act as a subject matter expert on the Regulatory Change Management (RCM) Framework and Regulatory Change Management Standard and supporting procedures and processes
- Implement and oversee the RCM Program governance model inclusive of coordination of the oversight committee, internal communications, and reporting to executive leadership
- Conduct training for program stakeholders regarding program requirements, minimum standards, and best practices
- Identify key gaps in the execution of the Regulatory Change Management Standard and recommends possible methodology improvement and training opportunities
- Develop and maintain robust relationships with Regional Hub Leaders as well as Compliance Oversight and Advisory Teams to support consistency of execution and maturity of the RCM Program, working in coordination with relevant teams
- Keep current on emerging risks, trends and evolving regulatory requirements for Compliance
- Serve as central point of contact for independent testing inclusive of Internal Audit, Compliance Testing, and Regulatory Exams
- Support tracking of implementation of process/control changes and post-implementation reviews
- Support for offline processes such as the Law Group engagement model
What do you need to succeed?
- BA/BS Degree Required
- 7-10 years of compliance (or equivalent) experience obtained in a financial institution, accounting, consultancy, or law firm
- Certifications such as CRCM is a plus
- Familiar with regulations and compliance strategies and risk management; possesses and demonstrates expertise in the advisory, policy, change management, project management and operations
- Experience with of RegTech platforms such as Archer, CUBE or Compliance.ai
- Experience with building and maintaining an enterprise-wide regulatory inventory
Nice to Have
- Exceptional interpersonal skills and superior judgment
- Solution driven
- Ability to accept accountability, assume pro-active leadership, demonstrate initiative, and lead by example in teamwork, cross-unit co-operation, information sharing
- Ability to maintain confidentiality of highly sensitive information
- Advanced skills in Microsoft Excel and PowerPoint
- Strong written and oral communication skills
What'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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
- 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 expected salary range for this particular position is $110,000-190,000, depending on your experience, skills, and registration status, market conditions and business needs.
You have the potential to earn more through RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.
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 culture
- Enables collective achievement of our strategic goals
- Generates sustainable shareholder returns and above market shareholder value
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.