Job Summary

Job Description

What is the Opportunity?

Ensure that an organization's operations and procedures meet government and industry compliance standards. Applies experience and seasoned knowledge, skills, and practices to perform a variety of assignments.

What will you do?

PRINCIPAL RESPONSIBILITIES  

Conduct testing across the Combined U.S. Operations (CUSO)/Intermediate Holding Company (IHC), inclusive of the testing of controls and adherence to regulatory requirementsPerform research on regulatory requirements and business controls to determine optimal approach to testing while employing a risk-based approachLead reviews and guide other testers, but may also assist other team members with completing reviews and/or portions of testingDocument conclusions of testing, including detailed workpapers as well as written reports documenting conclusions and findingsAssist with the reporting of the status of reviews in support of Test Plan Governance, including progress to plan reporting and change managementProvide ideas for the enhancement of the Program by leveraging Compliance Advisory team members, Compliance Practices and Assurance team members, Business Partners, and industry researchResponsible for assessing issues and advising on ratings, root causes, etc., and effectively communicating to Line of Business and compliance partners to obtain agreementResponsible for escalating high risk issues found to senior managementResponsible for issue entry to CALMA and RegComp and oversight that corrective action has been taken and issues satisfactorily remediated

Several Sr. Tester positions are available requiring expertise in one of more of the following regulatory compliance subjects:

VolckerCapital MarketsBanking (Lending, Deposits, Company regulations)Capital MarketsTrust & Estates

Time Allocation (%)    

Testing Program – 80%Issue Validation – 10%Testing Program Support and Ad Hoc Assignments – 10%

What do you need to succeed?

Must-haves

5+ years’ experience in the financial services industry specifically in Compliance Testing, Internal Audit or at a financial institutions regulatory agencyProficiency in of compliance testing methodologies and/or audit experienceProficiency in applicable FINRA, SEC, MSRB, FRBNY, CFPB and OCC rules and regulations in the area of coverage Experience with operating in a highly matrixed environment.

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, 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

Opportunities to build close relationships with clients

For California, New York, New Jersey: The good-faith expected salary range for the above position is $80,000 - $135,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs.  This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

For Minnesota and Delaware: The good-faith expected salary range for the above position is $65,000 - $115,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs.  This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

Drives RBC’s high performance culture

Enables collective achievement of our strategic goals

Generates sustainable shareholder returns and above market shareholder value

#LI – Hybrid

#LI – POST

Job Skills

Audits Compliance, Critical Thinking, Data Gathering Analysis, Decision Making, Industry Knowledge, Internal Controls, Interpersonal Relationship Management, Product Services, Risk Management, Strategic Thinking

Additional Job Details

Address:

CNB, 350 SOUTH GRAND AVENUE:LOS ANGELES

City:

Los Angeles

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

CHIEF LEGAL & ADMIN OFFICE GRP

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-01-14

Application Deadline:

2025-02-28

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
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We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.