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Director, U.S. Conduct and Reputation Risk
$173k-218k (estimate)
Full Time | Banking 2 Weeks Ago
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RBC Capital Markets, LLC is Hiring a Director, U.S. Conduct and Reputation Risk Near Jersey, NJ

Job Summary

Job Description

What is the Opportunity?

This role is part of Group Risk Management - U.S. Enterprise Risk Transformation, supporting oversight of Culture & Conduct and Reputation risk in RBC's Combined US Operations (CUSO), RBC's Intermediate Holding Company (RIHC) and branches within the U.S. This role will support development, maintenance and monitoring effectiveness of the Culture and Conduct Risks (CCR) and Reputation Risk Programs in the US, including the underpinning practices and methodologies. The role will also provide oversight and guidance to US lines of business (LoB)s and legal entities, coordinate with risk management functions in the US and Canada and assist in creating reporting for senior management and the Board.

What will you do?

  • Provide oversight on 1LOD culture and conduct risks, and engage with businesses and functions groups in CUSO on associated action plans to remediate issues

  • Prepare culture and conduct risk reporting for senior management and the Board Support continuous enhancement reporting on culture and conduct risks in CUSO, leveraging shared services

  • Support enterprise Client, Product and Suitability Risk Center of Governance activities across the segments within CUSO

  • Provide advice pertaining to changing U.S. regulatory expectations

  • Support and provide oversight to responses to information requests by U.S. regulators, supervisors, and statutory bodies

  • Contribute to preparation of board of directors materials on culture and conduct risk

  • Coordinate with stakeholders at the Enterprise and LoBs to ensure organizational alignment on culture and conduct risk related issues

  • Analyze and aggregate outputs and trends from Operational Risk Management program (e.g., Operational Risk Events, scenario analysis, risk register, Risk ID, etc.) and change initiatives to highlight any systemic culture and conduct risks issues and emerging risks for CUSO

  • Support Reputation Risk Framework implementation activities within CUSO region, including escalations to enterprise governance as required

  • Analyze and aggregate outputs and trends from Operational Risk Management program (e.g., Operational Risk Events, scenario analysis, risk register, Risk ID, etc.) and change initiatives to highlight potential reputational risk or issues for CUSO

  • Consult with and educate business and function groups on reputation risk framework requirements, including the execution and enhancement of practices, understanding of outcomes and refinements needed to foster business-led ownership

What do you need to succeed?

  • Required: Bachelor's Degree in Business, Finance, Law or other related fields

  • 5 years previous experience work in a Risk Management role in a Financial Services organization.

  • Knowledge of one or more key risk discipline (e.g., Enterprise, Market, Counterparty, Credit, Liquidity and Operational Risk)

  • Experience with Reputation risk or Conduct risk oversight

  • Ability to synthesize complex information from multiple sources and produce impactful reporting to senior audiences

  • Experience developing processes and controls related to Heightened Standards or Reg YY will be prioritized

  • Strong written and verbal communication skills

  • Ability to influence and partner with multiple stakeholders at different levels of an organization

  • Experience managing complex projects and initiatives

  • In-depth knowledge of MS Office

  • Preferred: Master's Degree in Business, Finance, Law or other related fields or Risk Management certification (e.g. FRM)

  • Strong understanding of risk management and regulatory regimes across U.S.; including operational risk, non-financial transverse risks

  • Ability to operate effectively in a highly matrixed 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

  • Opportunities to build close relationships with clients

The good-faith expected salary range for the above position is $160,000 - $250,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs.This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

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

#LI - Hybrid

#LI - POST

Job Skills

Business Analytics, Decision Making, Financial Risk Management (FRM), Operational Delivery, Quality Management, Results-Oriented, Risk Management, Strategic Thinking

Additional Job Details

Address:

30 HUDSON STREET:JERSEY CITY

City:

Jersey City

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-08-26

Application Deadline:

2024-10-29

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.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status or any other legally-protected factors.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

SALARY

$173k-218k (estimate)

POST DATE

09/01/2024

EXPIRATION DATE

10/30/2024

WEBSITE

rbccm.com

HEADQUARTERS

CHARLOTTE, NC

SIZE

7,500 - 15,000

FOUNDED

1929

CEO

CRAIG WAGNER

REVENUE

$200M - $500M

INDUSTRY

Banking

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About RBC Capital Markets, LLC

RBC Capital Markets is recognized by the most significant corporations, institutional investors, asset managers, private equity firms, and governments around the globe as an innovative, trusted partner with an in-depth expertise in capital markets, banking, and finance. We are well-established in the largest, most mature capital markets across North America, Europe, and the Asia-Pacific region, which collectively encompass more than 75% of global investment banking activity each year. We are part of Royal Bank of Canada (RBC), a leading, diversified provider of financial services and one of th...e strongest banks globally. Founded in 1864, RBC is the 10th largest bank worldwide and the 5th in North America, as measured by market capitalization. RBC is among a small group of highly rated global banks and is recognized time and time again for its financial strength, market leadership and philanthropic work. For information on our legal terms of use visit https://www.rbccm.com/en/policies-disclaimers.page More
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