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    Associate Director, Regulatory Project Management - Toronto, ON, Canada - Royal Bank of Canada

    Royal Bank of Canada background
    Full time
    Description

    The Network Management unit is responsible for managing and performing oversight on the agent bank partnerships that make up the RBC Investor Services (RBCIS) agent bank network and supports the Global Custody ("custody') services within RBC Investor Services ("RBCIS").


    The purpose of the role is to initiate and support the overall Client Operations strategy, direction and profitability for Custody & Network Management within RBCIS in alignment with core services' strategic objectives.


    The Associate Director, Network Risk Management & Control will have a specific role in contributing to a defined part of the RBCIS Network Management function, working with the Head of Risk Management & Control and the Regional Heads of Network to support best practices and the development of the core custody product initiatives and core controls, interaction with clients on market changes and intelligence and how this impacts client strategy.


    Responsible for ensuring change within their area of responsibility remaining aligned to existing regulation and internal RBC policies and strategies.

    Ensure effective delivery and support of regulatory reporting.

    Act as key point of contact for Network Management in respect of issue oversight, risks and delivering resolution and management on audit and compliance items.

    Understanding the Global Regulatory framework, Financial Market Infrastructure and 'real world' operational flows.

    In partnership with Network Managers ensure oversight, monitoring and risk analysis of ongoing agent bank relationships obligations are met.

    Work in partnership with Client Market Account Opening (CMAO) team to ensure that regulatory requirements for external Accounts with agent bank relationships are met.

    Ensuring appropriate maintenance of policies and controls in line with various governance and compliance requirements.
    Provide support in conducting analysis and data collation of agent bank related Cost of Income.
    In partnership with Network Management related Head/s participate in industry working groups, where applicable
    In partnership with Network Management related Head/s , contribute towards Network Management related projects.

    Support of Global Market Information (GMI) responsibilities including Market News impact assessment and timely dissemination of consultative Information to clients.

    Provide support to Network Managers in the analysis of Continuous Risk Assessment (CRA) assessments including On Site Due Diligence visits and associated reporting as may be required
    Provide back up to the Network Managers on allocated markets, supporting the management of operational escalations.
    6+ years of experience in related field.
    ~ Sound technical knowledge of the financial services and asset management industry, with strong experience in taking market network impacts into product strategies.
    ~ Negotiation and relationship management experience.
    ~ MBA, post-graduate in business or finance would be a plus.

    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.
    Job Skills Business Case Design, Communication, Critical Thinking, Effectiveness Measurement, Financial Regulation, Governance Framework, Interpersonal Relationship Management, Management Controls, Network Management, Product Development Lifecycle, Product Development Methodology, Product Services, Project Management, Regulatory Requirements, Results-Oriented, Risk Analysis, Risk Management


    Employment Type:
    Full time


    Platform:
    Wealth Management

    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


    Find out how we use our passion and drive to enhance the well-being of our clients and communities at .

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