Regulatory Associate Investment Management

About Us

RBC Rochdale partners with financial advisors and their high-net-worth clients to build intelligently personalized investment portfolios. RBC Rochdale provides investment research, portfolio management, macroeconomic outlook and strategic asset allocation to help clients meet their long-term goals. RBC Rochdale, LLC is an SEC-registered investment adviser and wholly-owned subsidiary of City National Bank.

This position sits in City National Bank's Investment Management Group's (IMG) and supports the Head of Regulatory Governance for the Chief Investment Officer. This is a First Line of Defense role and is responsible for the identification, monitoring and mitigation of operational and regulatory risks. In addition, the role will support the IMG's corporate governance requirements, controls implementation and monitoring, and development and maintenance of procedure documentation.

The role will also facilitate reviews by compliance, internal audit and external regulators while providing knowledge of OCC and SEC fiduciary based regulatory requirements.

• Learn, understand and apply investment management best practices and fiduciary requirements arising out of OCC and SEC regulations and expectations
• Support the identification and remediation of regulatory, compliance and operational risks to the IM business. Responsible for the development and implementation of new programs/strategies, regulations, rules, and risk management requirements
• Support committee corporate governance requirements including agenda creation, minute taking, and tracking of issues
• Support the business meet its enterprise level risk program requirements, including Risk and Control Self Assessments (RCSA’s), Compliance Risk Assessments (CRAs), Issue Management
• Support continuous improvement to over risk culture, risk conduct, and risk literacy within the business, including the design and implementation of preventive and detective controls around Investment Management activities
• Analyze, evaluate, and review current risk management practices across the organization. Collaborate closely with colleagues across the 2nd and 3rd lines to strengthen the control environment and enhance risk management practices
• Conduct research, analysis, and interpretation of data and information to support new business ang organizational plans, strategies, and initiatives planning
• Act as the business liaison for business line risk and controls management, compliance activities, legal engagement, and internal or external audits
• Build and sustain effective relationships and alliances internally and across all lines of business and staff areas to help deliver results. Understand interdependencies to achieve success.
• Draft concise written materials for communications with senior management. Develop presentations for internal and external meetings that are compelling, concise, and clear
• Write clear advocacy memos and email correspondence that exhibit strong critical analysis and organization
• Direct and participate in special projects, as necessary.
• Facilitate audit and examination activities.
• Cultivate and grow risk talent within the organization through coaching, mentoring, and occasionally assisting with review of applicable training.

• Bachelor's Degree or equivalent
• 7+ years managing projects
• 7+ years of experience in or related to financial services

• MBA or other advanced degree (e.g., JD, MBA, Masters, etc.) preferred
• Project & Problem-Solving:
  End-to-end project management with demonstrated ability to deconstruct complex problems, prioritize issues, and build quantitative and qualitative analyses
• Financial Services Expertise:
  Knowledge of Financial Services, Project Management, OCC 12
  
  CFR9, SEC Registered Investment Advisor '40 Act requirements, and fiduciary standards (or ability to learn quickly)
• Influence &
  
  Collaboration:
  
  Strong interpersonal skills with ability to influence change and achieve goals without direct control over resources; excellent stakeholder management
• Communication:
  Exceptional oral…