Director, Regulatory Programs Lead

Job Summary
Supports the Audit, Legal and Corporate Affairs organizations regarding documentation related to all business issues and regulatory matters. Typically manages 2 or more specialized departments comprised of supervisors, managers, professionals, and/or large numbers of operational support employees.
Job Description
What is the Opportunity?
Be part of the RBC's Combined U.S. Operations (CUSO) Governance, Risk and Controls (GRC) Office. This group's focus is on enhancing our risk management and regulatory compliance capabilities to ensure the enterprise is well-positioned for future opportunity and sustainable growth. Position reports to the Head of Regulatory Affairs & Governance in the GRC Office and will be responsible for ensuring the enterprise meets its regulatory requirements and expectations through facilitating meetings with business owners and stakeholders, drafting regulatory responses and overseeing regulatory interactions with respect to remediation within the GRC program. In addition, the position will help support governance/approval related activities across the GRC program. The position will closely coordinate with the enterprise's Regulatory Relations and Legal functions. JOB CAN BE LOCATION IN NY, NJ, or LA
What will you do?

• Responsible for driving all GRC activities related to regulatory responses in partnership with stakeholders across CUSO
• Responsible for ongoing GRC communications with regulators
• Liaise with the Regulatory Relations office on a regular cadence to ensure alignment of GRC and Regulatory Relations activities across regulatory exams, progress reports, communications and any additional activities, as needed
• Liaise with Legal/General Counsel office on a regular cadence to ensure alignment of GRC and Legal activities across regulatory exams, progress reports, communications and any additional activities, as needed
• Ensure integrated activities across regulatory response and remediation planning are well coordinated
• Ensure that output from remediation activities has traceability back to root causes and regulatory responses and has proper signoff through appropriate governance channels, as necessary
• Oversee and coordinate the timeliness and accuracy of responses to regulators, including data requests and responses to exam findings (such as Request Letters, Matters Requiring Attention, etc).
• Ensure comprehensive analyses of regulatory feedback and expectations, peer practices, underlying issues and their root causes
• Provide regulatory advisory support with business partners and second line of defense to identify and mitigate remediation risks and issues.
• Work with senior leadership (EVPs and SVPs) to identify, discuss, and address emerging regulatory trends that may impact their relevant business operations from a compliance perspective; actively monitor and report on regulatory developments and trends affecting US business platforms.
• Responsible for fostering a culture of compliance with existing and pending regulations.

What do you need to succeed?

• Bachelor's Degree
• Minimum 8 years of experience leading Regulatory Programs in the financial services industry.
• Minimum 8 years of experience in banking compliance, risk, legal, regulatory or related bank regulatory experience.
• Legal Degree or other Professional Degree preferred.
• Deep understanding and proven ability to build relationships with internal and external partners and manage heavy regulatory exam load
• Strong writing, organizational, interpersonal, influencing, and communications skills with an ability to interact effectively with stakeholders and regulators, to include virtual, matrixed leadership experience and the ability to effectively manage and build relationships across the enterprise.
• Proven leadership and project management skills to drive alignment across stakeholder groups to develop and deliver repeatable end-to-end risk management solutions and controls aligned with group's processes.
• Deep understanding of risk framework, corporate/business policies, and programs to translate into plans for the business, function and/or risk type.
• Knowledge and understanding of regulatory and risk management in the financial services industry.
• JOB LOCATION NY, LA or Jersey City, NJ

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 building close relationships with clients

The good-faith expected salary range for the above position is $160,000 - $250,000 (New Jersey/NY/LA),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
Job Skills
Audits Compliance, Communication, Critical Thinking, Detail-Oriented, Financial Analysis and Reporting, Industry Knowledge, Internal Controls, Knowledge Organization, Organizational Change Management, Team Management
Additional Job Details
Address:
GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITY
City:
Jersey City
Country:
United States of America
Work hours/week:
40
Employment Type:
Full time
Platform:
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2024-02-23
Application Deadline:
2024-03-22
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.
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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