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Job Description
What is the opportunity?
The Senior Manager, Compliance is an integral part of the RBC Compliance team supporting the Canadian operations of RBC Global Asset Management (RBC GAM), with individuals based in Toronto and Vancouver. This team of compliance professionals provides in-depth expertise in the regulatory requirements for the following registration categories: Investment Fund Manager, Portfolio Manager, Commodity Trading Manager and Exempt Market Dealer.
As a Senior Manager, Compliance, you are a lead subject matter expert in various matters and work on the day-to-day development, implementation maintenance and oversight of the compliance program for RBC GAM. You proactively identify, interpret, design and apply securities regulatory rules and compliance policies and procedures to complex products and transactions undertaken by RBC GAM. You conduct comprehensive second line of defense monitoring and testing activities of controls to assess and confirm effective compliance with internal policies, procedures and regulatory requirements.
*This position can be based out of Toronto or Vancouver.*
What will you do?
- Analyze, interpret and summarize the impact of complex regulatory rules and requirements in a timely manner
- Develop and implement new or amended compliance policies and procedures through the team's established framework
- Respond to compliance inquiries and advise/train internal departments on various subject matters including those related to trading, portfolio management, fund operations, conflicts of interest and other subject areas as may be designated by the Director, Compliance or Chief Compliance Officer
- Perform comprehensive second line of defense reviews in accordance with the Compliance team's monitoring and testing program and the Enterprise Regulatory Compliance Management Framework to confirm effectiveness of first line of defense controls
- Execute day-to-day compliance operational activities of the team and necessary tasks and reporting
- Work effectively within a team environment, cross train and provide back up to other members of the team as assigned
- Fulfill other responsibilities as assigned by the Director, Compliance or Chief Compliance Officer
What do you need to succeed?
Must-have:
- Relevant compliance experience, preferably with an IFM or PM registrant firm
- Comprehensive knowledge of regulatory requirements as they pertain investment fund managers or institutional portfolio managers, including relevant National Instruments and key regulatory topics such as those covered by Client Focused Reforms
- Experience in policy drafting and amending, as well as timely delivery of other written material including regulatory analysis, self assessments, and summary reports
- Experience in compliance monitoring/testing is an asset
- Strong organizational skills - ability to meet deadlines consistently, juggle competing priorities, and pivot as required
- University or post-graduate degree (Business, Finance, Law is preferred)
Nice-to-have:
- Relevant industry courses such as Canadian Securities Course, Conduct and Practices Handbook Exam, Derivatives Fundamentals Course, and/or enrolled in Chartered Financial Analyst program (or a CFA charter holder)
What's in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
- A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation
- Leaders who support your development through coaching and managing opportunities
- Ability to make a difference and lasting impact
- Work in an agile, collaborative, progressive, and high-performing team
- The opportunity to interface with senior level executives from many different parts of the organization
Job Skills
Analytical Thinking, Audits Compliance, Compliance Policies, Critical Thinking, Decision Making, Industry Knowledge, Interpersonal Relationship Management, Investments, Portfolio Management, Regulatory Compliance, Risk Management, Strategic ThinkingAdditional Job Details
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