Director, Regulatory Change

What is the opportunity

An integral member of CB Compliances Leadership team that acts as the thought leader responsible for manage the regulatory change management risks with a particular focus on acting as a key integration point for cross enterprise horizontal regulatory change initiatives. Taking a strategic pragmatic and risk-based approach this role advises senior leaders in Compliance and the business in identifying and prioritizing regulatory change initiatives sets out mitigation strategies and co-creates successful implementation plans and tactics by working with Platform CCOs COATS business leaders other colleagues in Compliance responsible for functional groups.

While the role reports into the banking Compliance group it leads the Canadian Regulatory Change (CRC) team supporting the wealth management capital markets and banking businesses in Canada. This role provides an opportunity to support RBCs businesses in navigating Canadas changing regulatory landscape. Specifically this role is responsible for the design implementation and ongoing administration and compliance with Regulatory Compliance Management (RCM) Regulatory Change control standard which includes ensuring proper risk and impact assessments of regulatory changes effective project management and Management Information Reporting. This role also promotes and champions global best practices related to common program elements and acts as Centre of Expertise for Canada.

What will you do

Strategy and Thought Leadership

• Sets the strategy and provides thought leadership that promotes the proactive and effective identification prioritization and management of regulatory change initiatives in Canada
• Employs strategic vision frameworks and dynamic approaches to ensure adherence with regulatory change requirements while keeping a pulse on regulatory and industry trends along with new or proposed regulatory changes
• In a second line of defense (2LoD) capacity consults educates and provides value added advice on implementation decisions approaches and tactics added recommendations on how to ensure timely adoption of regulatory initiatives including support to key stakeholders on meeting regulatory change in force dates and mitigating risks

Execution Excellence Creating Value and Measuring Success

• Lead the Canadian Regulatory Change (CRC) team through the monitoring of regulatory developments (including regulatory enforcement actions) leveraging unique subject matter expertise determine the relevance of regulatory changes accountabilities impact on Canadian Business Segments and other 2LOD and 1LOD stakeholders.
• Support Regulatory Strategy Committee and coordinate with peers on regulatory change processes governance strategy and cross-regional regulatory change.
• Develop a diverse team of high performing Compliance Professional through effective coaching mentoring and people leadership routines.

What do you need to succeed

• Post Graduate degree/ Professional Designation or MBA
• Impact influence maturity and experience working with a diverse group of stakeholders and demonstrate strong collaboration skills across the organization
• Experience in interpreting advising and applying legal regulatory and/or policy requirements
• Experience leading or shaping large transformational efforts
• Experience with change management experience with agile ways of working (ie. prioritization backlog mgmt test n learns)
• Ability to draw connections between regulatory change requirements and business imperative recognizing oncoming impediments and support partners to clear the path proactively
• Ability to both grasp big picture and have rigorous attention to detail

Whats 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
• Work in a dynamic collaborative progressive and high-performing team
• A world-class training program in financial services
• Flexible work/life balance options
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities

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.