Associate Director, Global Asset Management Compliance

What is the opportunity?

The Associate Director, Global Asset Management Compliance is responsible for assessing compliance and regulatory risks for investment strategies and products offered. By working with business groups to assist in the development of policies and procedures that will help mitigate risks. In this role, you will be responsible for planning and reviewing the firm’s testing program through a coordinated effort with business groups and recommend, as needed, changes to policies and procedures.

The expectation of this role is to operate with a high level of independence in forming conclusions and resolutions and to participate in a variety of projects and initiatives. You will also provide leadership and direction to business line partners, senior management, as well as to other compliance personnel.

What will you do?

• Monitor and enforce firm and employee compliance with federal laws and rules and with internal RBC Global Asset Management (U.S.) Inc. (RBC GAM-US or Firm) and Royal Bank of Canada (RBC) enterprise policies.

• Act as a resource and provide a high level of customer service to internal business partners, providing interpretive advice as to the application of complex securities regulations, internal policies and procedures, and any other inquiries from Firm employees regarding compliance and related issues.

• Formulate and manage the Firm’s testing plan, as required by Rule 206(4)-7 to ensure the Firm is in compliance with internal policies and procedures, as well as regulatory requirements. The preparation of a report of the review conducted, including feedback and recommendations for improvement; findings and conclusions; and a presentation of the results to business managers and senior management.

• Assist the CCO in managing Firm’s conflicts and risk assessment process by assessing risks on an ongoing basis and provide compliance support to the Firm’s operational risk assessment.

• Collaborate with Compliance, Legal, and management teams throughout RBC to assist in developing appropriate solutions to meet the changing business and regulatory requirements.

• Assist business owners with drafting and implementing Firm policies and procedures.

• Work with senior management to identify compliance needs and develop and implement effective compliance programs addressing those needs, including where necessary the revision of policies, procedures and written procedures.

• Develop and deliver compliance education to business line personnel in connection with the Firm’s preventative compliance program, to encourage knowledge of and adherence to securities regulation and Firm policy.

• Detect, evaluate, categorize and track violations of Compliance program. Coordinate reporting of issues and business updates to various internal reporting channels.

• Other projects as assigned.

What do you need to succeed?

Must-have

• A minimum of 5 years of experience in a relevant compliance role.

• Prior work experience supporting Adviser’s Act compliance within an asset management firm.

Nice-to-have

• Bachelor's degree

• Experience with Bank Regulatory Compliance matters

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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
• 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 expected salary range for this particular position is $85,000-$150,000 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

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Job Skills

Audits Compliance, Critical Thinking, Data Gathering Analysis, Decision Making, Financial Regulation, Industry Knowledge, Interpersonal Relationship Management, Product Services, Risk Management, Strategic Thinking

Additional Job Details

250 NICOLLET MALL:MINNEAPOLIS Minneapolis United States of America 40 Full time CHIEF LEGAL & ADMIN OFFICE GRP Regular Salaried 2025-04-22 2025-05-23

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.