Associate Director - Regulatory Services US

Job SummaryJob DescriptionWhat is the opportunity?US Regulatory Services is responsible for ensuring timely, accurate, and complete reporting to various exchanges, self-regulatory organizations, and the SEC. The individual in this role is primarily responsible for day-to-day operational execution to broader planning within the area of expertise. This could include direct or indirect supervision of junior employees in a Manager or Team Lead capacity as well as direct ownership of functions. Functions within the team can include remediating issues identified; control and risk management and reporting process improvement; providing support for regulatory change initiatives; and researching and responding to regulatory inquiries and exams. Additionally, the individual will utilize subject matter expertise while representing the department or function at a broader level. Additional responsibilities may include performing user testing for existing process enhancements, documenting new procedures related to new reports on-boarded while acting as a go-to-person/escalation point for questions from junior analysts and other areas. This role may focus on multiple forms of regulatory reporting, such as Consolidated Audit Trail, Customer and Account Information System, Electronic Blue Sheets, Large Options Position Report, Short Interest, TRACE, MSRB, Qualified Financial Contract Recordkeeping, and more. The role works closely with several areas of the Firm to support the above functions, including various business groups within the Firm, Compliance, Legal, Finance, and Technology.What will you do?Local manager of US Regulatory Services team resources in the Toronto office. Assist with day-to-day support of these resources, onboarding, and assisting with escalations of these team members where needed.Fully knowledgeable on the day to day reporting activities and ensures all procedures are followed for assigned reportsThis could include direct or indirect supervision of junior employees in a Manager or Team Lead capacity as well as direct ownership of functionsAs required, serves as a final reviewer for assigned regulatory reporting submissionsActs as an effective layer of escalation for junior or less experienced staff on complex issuesSupport the development and implementation of controls to ensure the timeliness, accuracy and completeness of reporting, and resolve any exceptions identified*Responsible for prioritization of reporting anomaly issues, which may include requirement developmentMay be responsible for the production of presentations for a range of stakeholders highlighting achievements, reporting metrics, and other relevant materialMay be responsible for assisting with impact assessment of system / business changesDevelops and harnesses ideas for continuous process improvementDocument, revise and maintain procedures as required; ensure team is trained on all proceduresMay have management responsibilities for a small team or serve as a Functional SMEMay be assigned to work on projects outside of responsibilities listed aboveWhat you need to succeed?Bachelors Degree or Equivalent Required, preferably in Engineering or Business or a related subjectUnderstanding of financial products (Equities, Listed Derivatives, Fixed Income, and/or OTC Derivatives)Strong understanding of the trade life cycle (Orders, Executions, Allocations) is requiredSome understanding of Middle Office Trade Processing is requiredSome experience in Front Office / Middle Office trade processing is a plusManagement experience is a plusStrong proficiency in MS Word, Excel (inclusive of Pivot Tables and VLOOKUPs), PowerPoint, and OutlookWhats 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 compensationLeaders who support your development through coaching and managing opportunitiesWork in a dynamic, collaborative, progressive, and high-performing teamOpportunities to do challenging workFlexible work/life balance options#EVP3P3 Job SkillsAudits Compliance, Critical Thinking, Data Gathering Analysis, Decision Making, Financial Regulation, Group Problem Solving, Internal Controls, Organizational Governance, Quality Orientation, Time ManagementAdditional Job DetailsAddress:RBC CENTRE, 155 WELLINGTON ST W:TORONTOCity:TORONTOCountry:CanadaWork hours/week:37.5Employment Type:Full timePlatform:Capital MarketsJob Type:RegularPay Type:SalariedPosted Date:2024-02-01Application Deadline:2024-04-01Inclusion and Equal Opportunity EmploymentAt 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.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.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.