Regulatory Compliance Program Officer

Royal Bank of Canada•Minneapolis, MN

1d•Onsite

About The Position

Join the RBC Wealth Management (WM) Compliance team and drive regulatory excellence across our integrated organization, including the recently integrated City National Bank (CNB) WM division. In this pivotal role, you'll manage compliance frameworks by overseeing the Regulatory Compliance Management (RCM) process, administering Issues Management, Risk Assessment, Monitoring, Testing, and Reporting functions. You will ensure enterprise alignment by monitoring WM adherence to U.S./Enterprise Standards and managing impacts to Risk Appetite Metrics (RAMs), Key Risk Indicators (KRIs), and Service Level Agreements (SLAs). You will also drive continuous improvement as the centralized Subject Matter Expert (SME) for day-to-day compliance inquiries, implementing process enhancements and enterprise-wide initiatives.

Requirements

2-5 years of compliance framework implementation and/or process management experience, with demonstrated ability to manage multiple concurrent workstreams
Baseline Understanding of U.S. securities regulations impacting WM, with a foundational knowledge of WM products, strategies, and activities
Bachelor's Degree or equivalent experience
Strong organizational and project management capabilities with proven ability to deliver accurate results under tight deadlines
Technical proficiency in process tracking and efficiency tools
Capable of working independently and collaboratively while making sound, time-sensitive decisions
Advisory capability to assess RCM requirement applicability to WM and provide timely, accurate guidance to WM leadership and stakeholders

Nice To Haves

Advanced degree (Master's or Law School Degree) in relevant field
RBC organizational knowledge including familiarity with RBC's diverse business divisions and operating structure
RCM platform experience with hands-on exposure to RCM systems and tools

Responsibilities

Implement and operationalize the RCM framework across WM, including Risk Assessment methodology, Issues Management, regulatory controls, and monitoring plans
Establish comprehensive compliance reporting by developing and maintaining metrics dashboards and results documentation
Ensure U.S./Enterprise Standards compliance by translating RCM policies into WM-specific processes and procedures
Monitor adherence and close gaps by proactively identifying process deviations and implementing corrective measures
Manage compliance impact analysis on WM's RAMs, KRIs, and SLAs
Serve as centralized RCM subject matter expert for WM, fielding inquiries from Enterprise, U.S. service teams, advisory teams and first-line-of-defense partners
Drive continuous improvement by identifying and implementing process enhancements and enterprise-level optimizations
Facilitate cross-functional alignment between Compliance, WM leadership, and Enterprise stakeholders to ensure seamless framework adoption