What are the responsibilities and job description for the Compliance Testing Manager position at RBC Capital Markets, LLC?
Job Summary
Job Description
What will you do?
- Manage testers during the execution of the annual Compliance Test Plan, resulting in detailed written reports documenting findings
- Drive quality and consistency across Compliance Testing function
- Coordinate testing schedules with internal stakeholders, including Internal Audit and others, where appropriate
- Escalate high risk issues found to Head of Compliance Testing and members of senior management
- Ensure consistent application of the of issue ratings
- Oversee issue validation process ensuring that corrective action has been taken and issues satisfactorily remediated
- Assist with the reporting of Test Plan governance metrics, including progress to plan reporting and change management
- Identify opportunities and lead initiatives for the enhancement of the Program
- Participate in the annual test plan development process by reviewing and challenging risk assessment results and providing insights gained through testing and understanding of external and internal environments
- Provide training as needed to upskill testers, including both formal and informal (on-the-job) training.
- Participate in the annual performance evaluation process by sharing feedback on tester performance, opportunities for improvement.
Must haves:
- 5-7 years' experience in the financial services industry in Compliance testing, branch inspection, Internal Audit or at a financial institutions regulator
- Experience as Compliance Manager
- Deep knowledge of compliance testing methodologies and/or audit experience
- Knowledge of FINRA, SEC, MSRB, FRBNY, CFPB and OCC rules and regulations
- Experience with operating in a highly matrixed environment.
- Excellent communication and presentations skills
- Excellent organizational skills
- Excellent collaboration and team-building skills
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 competitive compensation, bonuses, and flexible benefits
- Continued opportunities for career advancement
- World-class sales training, coaching, and development opportunities
- Support from a dynamic, collaborative, progressive, and high performing team, as well as world-class tools and training
- Opportunity to achieve great success and grow your career with RBC
The good-faith expected salary range for the above position is $110,000 - $190,000 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-POST
#LI-Hybrid
Job Skills
Audits Compliance, Critical Thinking, Data Gathering Analysis, Decision Making, Detail-Oriented, Financial Regulation, Industry Knowledge, Product Services, Risk Management, Strategic ThinkingAdditional Job Details
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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 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.
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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.
Salary : $110,000 - $190,000
