Senior Compliance Assurance Analyst - Testing
About The Position
Execution of Compliance Quality Assurance activities in accordance with the 2LOD Compliance Quality Assurance Program. The Quality Assurance team is responsible for monitoring and testing of compliance activities performed by the First and Second Lines of Defence, reviewing the design and implementation of policies, procedures, and controls to address regulatory expectations with respect to issue remediation and effectively challenge remediation efforts to ensure that such efforts are well designed, effective and sustainable. Additionally, the Quality Assurance team performs target/project-based reviews to address specific processes, programs and methodologies performed by the Compliance Practices Group (CPG) (i.e., compliance risk assessment, issues management, regulatory change, management reporting etc.). The Quality Assurance team is also responsible for reviewing the design and implementation of policies, procedures and controls to address regulatory expectations and effectively challenge remediation efforts to ensure that such efforts are well designed, effective and sustainable.
Requirements
- 5 - 7 years’ experience in the financial services industry in Compliance testing, quality assurance, quality control, project management, branch inspection, Internal Audit or at a financial institutions regulator.
- Deep knowledge of compliance quality assurance, compliance testing methodologies and/or audit experience.
- Proficient in Excel, Word and PowerPoint.
- Familiarity with FINRA, SEC, MSRB, FRBNY and OCC rules and regulations.
Nice To Haves
- Experience with operating in a highly matrixed environment.
- Strong communication and presentations skills.
- Excellent organizational skills.
- Excellent collaboration skills.
Responsibilities
- Lead and conduct assigned quality assurance reviews executed across the RBC Combined U.S. Operations (CUSO)/RBC U.S. Groups Holdings (IHC) to ensure timely completion and adequate execution in accordance with the governing documents and adherence to regulatory requirements.
- Analyze data, assess and challenge applicable policies, procedures and implemented compliance controls to ensure implementation and sustainability meets regulatory expectations, including consumer harm.
- Responsible for assessing issues and advising on ratings, root causes, etc.
- Assist with the reporting of the status of reviews in support of QA Plan Governance, including progress to plan reporting and change management.
- Assist in the development of standard QA plan development, QA program templates, reports and enhancement of the program.
- Responsible for escalating high risk issues found to senior management.
- Responsible for clear and concise documentation of QA activities performed and drafting reports outlining the result of those activities.
- Assist in the completion of ad hoc activities to support the Compliance Practices Group goals and initiatives.
Benefits
- A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and 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
- Flexible work/life balance options
- Opportunities to do challenging work
- Opportunities to take on progressively greater accountabilities
- Access to a variety of job opportunities across business
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
