Job Summary

Job Description

What is the opportunity?

The Business Governance Senior Manager will maintain, improve and enhance our Fair Value Assessment framework and facilitate the Product Governance Process. You will identify opportunities for improved efficiency and effectiveness, while supporting the team in tracking and completing allocated actions.

Due to the recent acquisition and integration of Brewin Dolphin, you will also assist in the integration of legacy Brewin Dolphin and RBC Wealth Management UK (WMI-UK) fair value processes into the integrated RBC Wealth Management Europe (WME) future state.

What will you do?

Responsible for the Consumer Duty fair value assessment template and procedure as well as the fair value framework.

Complete Fair Value Assessments for those products within the scope of Consumer Duty or alternatively work with product owners supporting them to complete fair value assessments.

Critically review and challenge draft Fair Value Assessments prior to submission for approval to governance for a.

Work with line manager to implement new and improved processes, procedures and controls when weaknesses are identified or improved efficiency and effectiveness can be achieved, particularly through automated processes/controls/reporting.

Work with line manager and others to build and execute plans to improve and integrate Consumer Duty Fair Value Assessments.

Support in embedding Consumer Duty in the business and provide advice and support where necessary including building upon existing Consumer Duty governance framework.

Act as trusted adviser to business partners on fair value matters and more widely on Consumer Duty.

Keep abreast of regulatory developments and best practice and implement as necessary in conjunction with key stakeholders.

What do you need to succeed?

Must-have

Proven experience in financial services.

Knowledge and experience of Consumer Duty, particularly fair value and product and services outcomes in a wealth management firm or private bank.

Experience of producing and/or review Fair Value assessments in a wealth management or private banking environment.

Knowledge of financial planning, investment management and asset management an advantage

Risk awareness experience

Nice-to-have

Good Microsoft technical competency (Excel, PowerPoint, Word)

Relevant professional qualifications, such as the CISI, IOC, CFA, ACA.

What is 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.

Leaders who support your development through coaching and managing opportunities.

Opportunities to work with the best in the field.

Ability to make a difference and lasting impact.

Work in a dynamic, collaborative, progressive, and high-performing team.

Flexible working and hybrid options fully supported.

Agency Notice

RBC Group does not accept agency resumés. Please do not forward resumés to our employees, nor any other company location. RBC Group only pay fees to agencies where they have entered into a prior agreement to do so and in any event do not pay fees related to unsolicited resumés. Please contact the Recruitment function for additional details.

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Job Skills

Auditing, Audits Compliance, Data Gathering Analysis, Decision Making, Ethical Business, Fraud Management, Internal Controls, Interpersonal Relationship Management, Results-Oriented, Risk Management

Additional Job Details

Address:

100 BISHOPSGATE:LONDON

City:

London

Country:

United Kingdom

Work hours/week:

35

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-01-15

Application Deadline:

2025-01-30

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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