What is the Opportunity?

The purpose of the Senior Compliance Officer is primarily to work on various compliance and regulatory matters within the Private Client Group for the wealth management business, advising and overseeing business colleagues on regulatory requirements, policies, WSPs and controls, and challenging them to pursue compliance-oriented solutions and strong control processes, which includes ensuring a compliance presence within PCG and local Complexes, participating in business risk meetings and remaining engaged with the business on activities to identify, and appropriately address, compliance and conduct risks. This role also works closely with the Business Supervision Group and Complex management on policies and procedures. The role supports business initiatives by providing compliance leadership and advice to business units of RBC Wealth Management and is

responsible for the Compliance review of new field recruits.

What will you do?

Compliance Leadership, Oversight and Advice

• Provide Compliance oversight, guidance and advice to the Business Supervision Group, Complex management and field personnel on Firm and regulatory policies and procedures, including those related to registration, employee disclosures, training, discipline, and other field related topics .
• Review rules, regulations, regulatory guidance and enforcement actions to identify key risks and analyze applicable internal process and controls and drive appropriate solutions.
• Conduct and/or support periodic Compliance risk and oversight reviews of potential sales practice, conduct matters and policy violations and oversee corrective actions where applicable.
• Assist with the coordination of the branch office exams within the field, providing subject matter expertise on regulatory requirements.
• Collaborate with supervisory personal in the recruiting and employee discipline processes.
• Recommend solutions to address regulatory compliance risks, which could include strengthening controls, technology and/or processes.
• Prepare and present a variety of presentations to summarize key activities, observations and trends to Compliance and PCG leadership.
• Responsible for the Compliance review of new field recruits.
• Engage in Compliance initiatives and take on other tasks from other areas of PCG Compliance such as complaint handling, conduct assessments, etc. as needed.

What do you need to succeed?

• Bachelors Degree
• 7-10 years of experience in banking compliance
• Series 7, 65 or 66, 24

Nice to Have

• A strong understanding of SEC and FINRA regulations, with a particular focus on sales practice and suitability concerns involving retail products in brokerage and advisory accounts
• At least 5 years of focused compliance experience in a Wealth Management business with proven ability to interact with Financial Advisors and field staff in a mature, productive manner or a Bachelor's Degree with a compliance concentration or internship experience.
• Analytical Skill - ability identify issues, rules, analyze and reach conclusions in a concise manner.
• Continuous Learner - profession drive to remain up to date and relevant on emerging regulatory issues
• Ability to communicate effectively both verbally and in writing
• Ability to build and maintain strong collaborative positive relationships across the organization.
• Ability to challenge, or escalate to the appropriate leader, the business if there is regulatory or reputational risk

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
• Flexible work/life balance options
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities
• Access to a variety of job opportunities across business

Job Skills

Additional Job Details