VP Business Risk - In-Business Regulatory Risk Management

What will you do?

• Represent business risk and product to support U.S and enterprise-wide regulatory or governance programs, coordinating feedback from the business and ensuring execution.
• Stay abreast of pertinent industry practices, skills and regulatory concerns.
• Support best practices and improvement of the regulatory compliance processes.
• Assist in assessing current status of all regulatory related controls, recommend control enhancements as needed.
• Champion regulatory issue self-identification, provide transparency of status and progress on regulatory remediation.
• Consult and educate the business on regulatory requirements and business implications, fostering a strong risk culture of ownership.
• Identify, prioritize, and proactively manage dependencies, risks, exceptions, and issues.

What do you need to succeed?

• 3-5 years of Regulatory Compliance in the transaction banking/cash management/treasury services environment.
• 3-5 years of experience in a Risk or Audit role.
• Profound knowledge of supervisory expectations expressed in U.S Regulatory Obligations, Federal Reserve Supervisor Letters, Office of the Comptroller of the Currency Bulletin.
• Experience in interpreting, designing controls to meet prudential regulatory obligations such as Reg CC, Reg D, Reg J, Reg W.
• Ability to draw connections between regulatory requirements and business initiatives, recognizing oncoming impediments and support the product teams to clear the path proactively.
• Experience in applying legal, regulatory and/or policy requirements.
• Experience in or excited to learn Agile way of working.
• Ability to influence a diverse group of stakeholders, and demonstrate strong collaboration skills across the organization.

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

The expected salary range for this particular position is $125,000-$160,000, depending on your experience, skills, and registration status, market conditions and business needs. You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

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
• Opportunities to building close relationships with clients
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work

Job Skills

Additional Job Details

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.