Trade Surveillance Officer - Toronto, Canada - Royal Bank of Canada

Royal Bank of Canada

Verified Company

Toronto, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Come Work with Us
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Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title
Trade Surveillance Officer - 6 Month Contract

What is the opportunity?

The Trade Surveillance Officer will review for compliance with securities legislation, CIRO RULE 200 and internal policies and procedures within the Royal Mutual Funds Inc.

(RMFI) distribution channels; as well as effective and efficient daily reviews of trade reports, including follow up with the appropriate individuals and groups where concerns have been identified.

This role will provide strong risk management support for RMFI distribution and support the implementation and management of special initiatives.

What you will do?

Timely review of daily reports for suspicious activity and suitability of advice.
Timely review of monthly/quarterly reports for trend analysis.
Escalate issues to field management (BCOs) or other appropriate individuals
Follow up on escalations to ensure all necessary corrective action has been taken.
Follow, review and enhance procedures that clearly show "evidence of review" and ensure followup that will be satisfactory to the regulators.
Analyze reports to identify potential areas of risk, advise management of potential issues as they arise and make recommendations regarding appropriate actions to take.
Educate RMFI Compliance colleagues, business partners and the field about Trade Surveillance requirements, gaps, trends, etc. Train team members as needed.
Assist with developing and implementing new or enhanced surveillance program practices to ensure effective operational efficiencies and to ensure compliance requirements are met in all circumstances.
Prepare trade data for supervisory investigations and MFDA/CIRO inquiries.

Must Have

University degree in business, finance, economics or other related discipline
Uptodate knowledge of Canadian securities industry, including securities regulations
Must have completed one of the mutual fund qualifying courses, and be willing to take the Branch Compliance Officers course if it has not yet been completed
Analytical, problemsolving skills
Excellent written and oral communication skills
Innovative selfstarter with strong attention to detail
Able to work independently in an unstructured environment
Strong communication/interpersonal skills

Job Summary

Address:

TORONTO, Ontario, Canada

City:

CAN-ON-TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

Law and Compliance

Job Type:

Contract (Fixed Term)

Pay Type:

Salaried

Posted Date:

Application Deadline:

Inclusion
and Equal Opportunity Employment
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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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