Associate Director, Fixed Income Compliance Advisory

Royal Bank of Canada • Toronto, ON

2d • Onsite

About The Position

You'll be a key regulatory advisor for fixed income compliance across RBC Capital Markets Canada. Working as a valued member of a high-performing compliance team, you'll advise our sales, trading, and business teams on complex regulatory matters while supporting the Director and broader compliance function. You'll collaborate with senior leadership, regulators, and industry peers to help RBC maintain strong fixed income compliance practices. This is an impactful role for someone who combines deep regulatory expertise with strong business judgment and a commitment to operational excellence.

Requirements

• Bachelor's degree in law, finance, business administration, or a related field
• Minimum of 7–9 years of progressive experience in compliance, supervision, or front-office roles within Capital Markets, with substantial focus on fixed income products
• In-depth knowledge of Canadian fixed income regulations and demonstrated ability to interpret and apply complex regulatory frameworks in a real-world business context
• Strong track record of independent advisory work and cross-functional collaboration
• Excellent written and verbal communication skills—you can articulate complex regulatory concepts to senior executives and business teams with clarity and confidence
• Strong interpersonal skills and a demonstrated ability to build trust, collaborate across functions, and contribute to team effectiveness
• Proven ability to manage competing priorities and drive initiatives to completion with minimal oversight

Nice To Haves

• Advanced degrees (JD, MBA) or professional certifications (CFA)
• Familiarity with compliance monitoring tools and relevant trading technology platforms
• Prior experience advising on regulatory strategy and change management initiatives

Responsibilities

• Serve as a subject matter expert on Canadian fixed income regulations and industry best practices, including CIRO Dealer Member Rules and FMSB standards
• Provide timely, expert compliance advice to sales, trading, and other business segments on business conduct, market conduct, and transactional matters
• Interpret complex regulatory frameworks and translate them into actionable guidance for business stakeholders at all levels
• Handle routine matters independently while escalating complex issues to the Director and Head of Macro Compliance Advisory as appropriate
• Contribute to special projects and regulatory change initiatives led by the Director or MD of FICC Compliance Advisory
• Support organizational readiness for evolving compliance requirements, assist in developing implementation roadmaps, and help drive adoption across the business unit
• Demonstrate measurable impact on compliance effectiveness and regulatory standing through quality advisory work and proactive risk identification
• Contribute to the development and enhancement of policies, procedures, and training that support the compliance program
• Identify potential compliance vulnerabilities, assess associated risks, and recommend corrective action plans
• Provide forward-looking guidance to prevent issues before they escalate
• Help ensure consistent application of policies across advisory coverage areas
• Support key liaison activities with CIRO and other regulatory bodies, assisting with inquiries, audits, and regulatory interactions
• Actively participate in industry working groups and internal cross-functional initiatives where your expertise adds value
• Build and maintain collaborative relationships with internal teams, regulators, and external stakeholders
• Represent RBC's compliance posture with credibility and professionalism
• Monitor compliance and ethics initiatives within assigned areas of the business unit, providing proactive guidance to management on compliance-related matters
• Support general Capital Markets and RBC enterprise compliance policy implementation across your area of responsibility
• Review instances of non-compliance with internal policies and regulatory requirements, and support corrective actions, including employee breaches
• Support internal and external investigations under Director oversight
• Identify trends, escalate emerging risks, and contribute to refinement of monitoring protocols

Benefits

• bonuses
• flexible benefits
• competitive compensation
• commissions
• stock where applicable
• 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
• A world-class training program in financial services
• Flexible work/life balance options
• Opportunities to do challenging work

What This Job Offers

• Job Type: Full-time
• Career Level: Director