Associate - Strategy and Business Management - Toronto, Canada - Royal Bank of Canada

Royal Bank of Canada

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Job Summary

What is the opportunity?

Within RBC Investor Services (IS), the Market Services (MS) unit is responsible for driving revenue and NIAT through winning client activities in the markets space specifically, Foreign Exchange, Cash Products and Securities Lending.

The mandate of this position is to support and manage all Market Services business management responsibilities by ensuring appropriate governance, compliance with policies/frameworks, and oversee issues, risks, audit and compliance items.

What will you do?

Contributes to and oversees the Front Office Supervisory Program with a focus on regulatory supervision requirements, Regulatory Reporting, Client Documentation and Operational Risk programs globally.
Develop, implement (together with the trading desks) and assess operational risk controls.
Support requests for information from regulators.
Point of contact for Operational Events impacting the MS business.
Work closely with IT and Front Office to automate and reduce inefficiencies related to Supervisory reviews and Risk Reports
Manage supplier invoices, payments, profiles such as contract renewals, agreements and MIS.
Maintain current inventory of procedures and inventory of all relevant policies and controls.
Work with desk to maintain dashboard of key initiatives, projects and regulatory changes.
Issue owner / coordinator, arising from internal audits / compliance reviews, regulator audits and those selfidentified.
Manage audit and regulatory items, operational risk controls and assessments, KYC, supplier risk management, and ensure compliance with risk appetite and regulatory requirements.
Create and organize materials for multiple committees, such as the Supervisory and Oversight, Best Execution, FX execution committee.

What do you need to succeed?

At least 57 years' experience in trading conduct, compliance, regulatory reporting and governance roles.
Highly organized and selfmotivated with ability to adapt and contribute a dynamic work environment and varied responsibilities.
Strong relationship management and communication skill and collaborative mindset Proven ability to independently manage multiple, high visibility initiatives.
Strong problemsolving skills and attention to detail.
Sound market and technical knowledge, specifically of financial services and asset management industry.
Strong corporate knowledge.
Ability to work with ambiguity and complexity i.e., simplify
Ability to manage and pivot across multiple tasks / initiatives / projects and priorities
Ability to own and seek better methods that include challenging the status quo for overall better outcomes while at the same time managing the applicable risks

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.

Excellent exposure to communicate with various business partners and stakeholders in Investor Services and within other platforms as appropriate
Opportunity to obtain handson experience throughout your role
Working with an exciting, closeknit, supportive & dynamic group
Opportunity to collaborate with other business segments within the bank
Excellent career development and progression opportunities
A comprehensive Total Rewards Program including bonuses and flexible benefits
Competitive compensation

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

Additional Job Details

Address:

ROYAL BANK PLAZA, 200

BAY ST:

TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

Wealth Management

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Application Deadline:

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.

Join our Talent Community
Stay 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.