Senior Manager, National Compliance

Job Description

What is the opportunity? Royal Mutual Funds Inc. (RMFI) Compliance is seeking a passionate, results oriented strategic thinker to join the team as Senior Manager, National Compliance. In this role, you will act as key compliance adviser and work closely with business and functional partners to ensure effective controls are in place in support of RMFI’s compliance program. The role will be part of a diverse, dynamic team collaborating with stakeholders and functional partners to ensure proper controls for mutual fund licensed representatives and financial planners within Royal Bank Canadian Banking.

• Support the Director in providing compliance oversight of securities-licensed and related sales activities within Mutual Fund Distribution, Financial Planning, Private Banking, Advice Centre, and Group Advantage
• Provide expert compliance advice by recommending practical solutions, balancing business practices and regulatory risks for business-driven and other compliance-related projects, including digital aspects requiring compliance guidance
• Monitor and act on regulatory proposals and rule changes, including participating in internal and industry working groups
• Manage key relationships with business and functional partners
• Review and update Compliance policies and procedures periodically and as required due to changes to regulatory and/or business requirements
• Coordinate RMFI Compliance response to regulatory reviews, internal and external audits
• Review escalated issues involving Marketing and Sales Communications compliance reviews
• Responsible for developing, managing, and tracking regulatory issues. Work with the Issue Owners to review and provide effective challenge on controls to mitigate risks.

Must have:

• Expert knowledge of the securities industry
• Minimum 10+ years of experience in the financial services industry, with CIRO regulatory compliance, risk and/or audit experience
• Ability to converse effectively and diplomatically with individuals at all levels
• Innovative self-starter who works well under pressure
• University degree in business, finance, or related discipline
• Canadian Securities Course or mutual funds licensing courses

Nice-to-have:

• Partners, Directors and Senior Officers Course
• Conduct and Practices Handbook Course and/or Chief Compliance Officers Qualifying Exam

• 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
• Opportunities to do challenging work

Audits Compliance, Compliance Assessments, Compliance Policies, Compliance Reviews, Critical Thinking, Decision Making, Financial Regulation, Industry Knowledge, Interpersonal Relationship Management, Risk Assessments, Risk Compliance (Inactive), Risk Management, Strategic Thinking, Working Groups

• Address: RBC CENTRE, 155 WELLINGTON ST W, TORONTO
• City:
  Toronto
• Country:
  Canada
• Work hours/week: 37.5
• Employment Type:
  
  Full time
• Platform: CHIEF LEGAL & ADMIN OFFICE GRP
• Job Type: Regular
• Pay Type:
  
  Salaried