Manager, Compliance Monitoring and Governance

RBC•Toronto, ON

3d•Onsite

About The Position

The Compliance Monitoring and RCM Governance Manager will focus on deriving timely and actionable insights and compliance risk monitoring for the Personal Banking (PB) and Commercial Banking (CB) business. This role assists in the development and enhancement of Canadian Banking’s monitoring compliance program. Responsibilities include aiding in the creation and execution of an appropriate second line of defense monitoring program based on the Regulatory Compliance Management (RCM) program. This role is part of the group’s high profile, comprehensive and results driven Monitoring Compliance program which is paramount to CB and PBs Compliance’s North Star vision and its strategic priorities and is an integral member of PB and CB Compliance’s team. This role executes against the overall Compliance Monitoring Strategy by leveraging and enhancing data and analytical capabilities that proactively identify regulatory risks and keep pace with ever-changing business, regulatory and technological trends, and advancements. The role contributes to process efficiency/effectiveness improvements, problem resolution and achievement of strategic business objectives and delivers innovative changes to support the overall Monitoring strategy. By effectively collaborating with other PB and CB Compliance team members, business and technology partners, this role will run existing and future monitoring dashboards, solve, and communicate complex business problems that support dynamic, risk based and effective regulatory risk management practices.

Requirements

University Degree
Strong understanding of regulatory compliance and risk management principles
Experience working in a regulatory environment and/or knowledge of concepts
Attention to detail.
Strong collaboration and communication skills
Analytical thinking

Nice To Haves

Knowledge of Personal Banking and Commercial Banking products and services.
Familiarity with SQL, Tableau and Power BI

Responsibilities

Contribute to the overall effectiveness of the Personal Banking (PB) and Commercial Banking (CB) Compliance’s Data and Monitoring Program
Meet all Enterprise standards related to the RCM Monitoring & Testing Control Standard, data governance and management, data integrity and documentation.
Execution of an appropriate second line of defense monitoring in line with RCM Control Standards
Prepare monitoring results for review by the Senior Director, Canadian Banking Compliance
Liaise with PB and CB Compliance team members, business, technology partners and other analytics groups.
Assist with developing the PB and CB Compliance Monitoring program into an integrated, efficient and effective professional practice at RBC.
Comply with leading compliance practices and standards and drive end-to-end transformation where possible, considering stakeholders’ expectations.
Support the proactive maintenance of the RCM programs for PB and CB, including ensuring practice hygiene and KPI metrics are adhered to.
Participate in ad hoc projects/project teams as needed, to represent a point of view on strategic RCM issues and/or discussions.
Triangulate insights across regulatory themes to identify patterns and trends that provide a holistic and integrated view of regulatory compliance risks for the business

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