Director, Wealth Management Canada Compliance

RBC • Vancouver, BC

1d • Onsite

About The Position

As Director, RBC Wealth Management Canada Compliance, you will play a key leadership role in support of the RBC Dominion Securities Inc. (Retail) (RBC DS) business, Canada’s largest investment dealer and wealth management firm. You will be responsible for a broad mandate, which includes: people management, advisory inquiries, complaint handling, regulatory change management, monitoring, internal and external audits, policies and procedures and compliance training.

Requirements

• Demonstrated expertise and knowledge of the securities industry, compliance practices and legal and regulatory requirements.
• 10+ years of relevant experience (e.g., financial services, full-service brokerage, wealth management, securities regulatory).
• University degree (preference in business, finance, economics, law, accounting).
• Demonstrated ability to manage conflict, negotiate and influence decision making when dealing with staff, business partners and key stakeholders.
• Ability to effectively manage projects and identify where efficiencies can be realized.
• Proven leadership in managing people, projects and establishing policies and procedures.
• Effective at delivering on short-term priorities while maintaining a long-term focus.
• Excellent written and oral communication skills, including public speaking.
• Adaptive to driving and responding to change management.

Nice To Haves

• Completion of industry related education
• Fluency in French is an asset

Responsibilities

• Manage a team of Compliance Managers who support RBC DS branches across the country.
• Address and provide support in respect of client complaints as required; and support internal and external investigations.
• Act as the key Compliance representative on significant regulatory changes that impact RBC DS (e.g., CIRO, CSA): Review, interpret and apply rules and rule amendments; provide comments on proposed rules/amendments and consultations; participate in industry working groups; and complete gap assessments against new and amended requirements.
• Respond and act as an escalation point as needed to routine and novel/complex inquiries from the RBC DS branch network.
• Regulatory Compliance Management responsibilities, including issue oversight and monitoring activities.
• Support the RBC DS Chief Compliance Officer on internal and external regulatory audits.
• Support policy updates to ensure they reflect regulatory requirements and internal processes.
• Provide support to other Compliance team members, including RBC Wealth Management Financial Services Compliance, RBC DS Global (Caribbean) Compliance, the Branch Audit Team and Regulatory Complaints, Inquiries and Investigations.
• Provide training on policy and regulatory obligations, to Compliance team members and business partners, as well as other stakeholders.

Benefits

• A comprehensive Total Rewards Program including bonuses and flexible benefits
• 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 executives from many different parts of the organization

What This Job Offers

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