Global Markets Supervision Associate

RBC•New York, NY

5d•$165,000•Onsite

About The Position

Responsible for supporting the Supervisory Framework of US Global Markets to achieve best in class supervisory oversight processes and a robust control framework.

Requirements

BA, MA or equivalent with an understanding of Capital Markets
3 plus years of experience in a relevant financial services role
Series 7, 63, 24 – must obtain upon joining
Strong written and oral communication skills
Excellent organizational skills and ability to multi-task
Ability to work in a fast-paced environment and effectively prioritize

Nice To Haves

Adaptability
Critical Thinking
Detail-Oriented
Investments Analysis
Personal Development
Personal Initiative
Teamwork

Responsibilities

Responsible for supporting the Supervisory Framework of US Global Markets to achieve best in class supervisory oversight processes and a robust control framework
Develop business and product expertise with a focus on fixed income asset classes to build and strengthen relationships with the sales and trading teams and Senior Management
Responsible for performing reviews of trading activity and other business activities as a delegate for the US Fixed Income Business Heads to identify potential policy violations, conflicts of interest, or regulatory concerns
Provide real-time ad-hoc corrective actions and resolutions to trading anomalies consistent with all applicable regulatory laws, rules and procedures as well as all applicable Firm policies and procedures
Maintain Front Office desk procedures and Written Supervisory Procedures on behalf of Global Markets Desk and Business Heads
Accountable for providing senior leaders, as well as fixed income professionals within each asset class, appropriate levels of insight to ensure awareness of key risks and proper understanding of the rules, regulations and policies
Provide targeted training to front office sales and trading employees and Supervisors on general supervisory topics or specific regulatory rules, as needed
Identify opportunities to enhance supervision processes, tools, and controls, in partnership with key technology people and teams
Partner with Compliance Monitoring, Internal Audit, and Regulatory Inquiries teams to respond to regulatory requests for information and support internal testing functions in control testing, enabling assurance that controls are operating effectively and the early identification and remediation of control gaps
Stay apprised of regulatory rule changes, industry trends, and Firm policy changes
Lead special projects as required by senior management
Proactively identify operational risk and control deficiencies in the business and assist in developing solutions and risk mitigating controls
Escalate operational risk events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions promptly