Director, Regulatory Transformation Program Management And Reporting

Job Summary
Supports the Audit, Legal and Corporate Affairs organizations regarding documentation related to all business issues and regulatory matters. Manages activities through senior managers and managers and implements corporate and divisional strategic plans and budgets.
Job Description
What is the Opportunity?
Position reports to the Head of Governance Risk and Controls (GRC) Implementation Office and is responsible for the planning, execution and delivery of one or more major regulatory workstreams within the GRC Implementation Office. Position is responsible for managing regulatory workstream(s): executing against the program structure, providing subject matter expertise into the program approach, and Reporting status to senior leadership. Liaises with Legal, HR, Regulatory Relations, Technology & Innovation and other key support functions across the CNB Enterprise.
Governance, Risk and Controls (GRC)
Be part of RBC's U.S. Governance, Risk and Controls (GRC) Office. This group's focus is on enhancing our risk Management and regulatory compliance capabilities to ensure the bank is well-positioned for future opportunity and sustainable growth. Headquartered in the United States. By listening and understanding the client's needs, the team delivers specialized service and industry-specific expertise to help companies grow and solve unique challenges.
What you will do

• Responsible for the planning, execution and delivery of one or more major regulatory workstreams within the within the GRC Implementation Office
• Develop Board, Management, and regulatory reporting.
• Provide strategic oversight into remediation approach and execution.
• Responsible for leading quarterly progress reports and ongoing GRC communications with regulators.
• Partners with senior leaders in the GRC office to ensure integrated activities across regulatory remediation.
• Partners with senior leaders in the GRC office who are managing remediation activities to 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.
• Provide leadership and ownership of various remediation initiatives as needed.
• Partner with first, second and third line of defense colleagues, serving as a conduit to ensure program completion.
• Work in a consultative manner with operational and other functional specialists to implement relevant laws, regulations and guidance into bank processes and procedures.
• Interact with regulators to provide key status on regulatory compliance programs.
• Work with senior management to identify, discuss and report regulatory compliance delivery progress.
• Responsible for fostering a culture of compliance with existing and pending regulations.
• Lead and manage colleagues team through influence and example

What do you need to succeed?
Must-Have*

• Bachelor's Degree or equivalent experience
• Minimum 10 years of experience in banking compliance, risk, legal, regulatory or related bank regulatory experience
• Minimum 10 years of financial services industry experience, of which 5 years must include direct experience in Compliance and/or Risk Management
• Minimum 3 years of experience leading and managing teams

Skills and Knowledge

• Proven leadership and Program Management skills to drive alignment across key business functions.
• Deep understanding and proven ability to build relationships with internal and external partners
• Strong 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 City National.
• Experience managing or being a part of a compliance or risk management team for a large US bank or large Legal Firm
• 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
• Strong program and change management skills.
• Good communication skills / executive presence.
• Previous consulting experience preferred.

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 $150,000 - $230,000 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
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:
HUMAN RESOURCES
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2024-02-28
Application Deadline:
2024-03-12
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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