Director, Compliance - Global Asset Management

RBC•Toronto, ON

2d•Onsite

About The Position

The Director, Compliance is a leader within the regulatory compliance team responsible for compliance oversight and advisory support for RBC Global Asset Management (RBC GAM) in Canada. This includes supporting an institutional asset management division, investment fund manager, exempt market dealer, and mutual fund dealer. Reporting to the Managing Director, Compliance & CCO, this role is crucial for the team's overall management and success. The position involves leading team operations, ensuring strategic objectives and initiatives are met, and executing ongoing compliance oversight and second-line-of-defense responsibilities with RBC GAM and Enterprise Compliance.

Requirements

Undergraduate Degree in Business, Finance, Law or related professional designation.
7+ years of progressive experience in compliance management, advisory and operations.
Sound knowledge of the securities industry, regulatory requirements and industry best practices as they pertain to investment funds, private markets/alternative funds, ETFs, institutional portfolio management, and distribution.
Experience managing a team of high performing compliance professionals.
Strong organizational skills – ability to meet deadlines consistently, deal with ambiguity, manage multiple priorities/adapt to new circumstances quickly, with a keen attention to detail.
Ability to lead with integrity and accountability, exercise good judgment, and deal with sensitive information.
Effective at delivering on regulatory projects and strategic priorities.
Excellent communication skills required for developing policies, management reports, and presentations.
Comfort balancing leadership, strategic thinking with hands-on involvement in day-to-day advisory work.
Ability to thrive in a fast-paced, dynamic environment.

Nice To Haves

Familiarity with regulatory compliance management, monitoring and testing, issue management, regulatory change processing, trading / technology platforms used by asset managers.

Responsibilities

Support the CCO and team in executing strategic objectives.
Lead and complete key team initiatives and projects.
Drive organizational readiness and operational efficiency.
Deliver on the team’s ongoing responsibilities and reporting obligations.
Manage head office and employee conduct compliance, registrations, and compliance training.
Engage in activities requiring active interaction and coordination with central compliance functions.
Oversee cross-segment and cross-border initiatives related to policy, distribution of investment capabilities, and trading, including in the US and UK.
Manage regulatory compliance, including risk assessments, controls documentation processes, monitoring and testing, issue management, and reporting.
Provide input on proposed or new regulatory initiatives.
Actively participate in internal/external working groups and committees.
Advise the business on the impact of new regulatory initiatives.
Develop internal controls, policies, procedures, communications, and guidance.
Manage team members based in Toronto and Vancouver, including coaching, training, goal setting, work distribution, and articulating expectations.
Develop key partnerships and foster collaborative relationships with Law Group, other Compliance/Functional groups within RBC, and RBC GAM leadership and staff.
Identify and anticipate trends, escalate emerging risks, and understand new business initiatives and evolving compliance requirements.

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