Compliance Officer - FINOP's Compliance

Job Summary

Job Description

What is the opportunity?

Collaborate with team members to provide oversight and advice to the organization's financial and operations departments to drive compliance with SEC, FINRA, OCC, FICC, and DTC rules and regulations. Applies experience and seasoned knowledge, skills, and practices to perform a variety of assignments. The work is fast paced and detailed supports business partners based in New York, New Jersey, Toronto, and Minneapolis.

What will you do?

• Provide real time advisory Compliance services to the Firm’s Capital Markets departments related to Finance, Operations, and Regulatory Reporting matters.
• Advise on regulatory matters and Firm policies impacting Operations and Finance, including SEA rules 15c3-1, 15c3-3, Reg SHO Rule 204, NMS 613, and Fed & OCC requirements.
• Work with Operations and front-office personnel on the build out and ongoing maintenance of a Target Operating Model for order and transaction-based regulatory reports; advise on the requirements of reporting systems including, but not limited to, LOPR, TRACE, Electronic Blue Sheets(EBS), Consolidated Audit Trail (CAT), Global Securities Aggregation, and Short Interest reporting.
• Assist with the Firm-wide Consolidated Audit Trail (“CAT”) program including establishing a governance structure, building a robust control framework designed to identify data and reporting inaccuracies, reviewing all business, functional and technical requirement documents, monitoring QA and UAT testing scenarios, and liaising with FINRA/SROs to escalate material concerns or reporting issues.
• Collaborate with Capital Markets and Wealth Management Compliance regional peers to achieve, whenever possible and appropriate, a system of common, consistent and/or global controls (e.g., policies and procedures), tools, methodologies, and requisite solutions (e.g., surveillance) to address common or similar compliance needs of the global CM businesses.
• Proactively identify issues impacting RBC through participation in business, industry, and regulatory initiatives.
• Support the Firm’s compliance program by developing policies and procedures for new and on-going business initiatives, drafting guidance, and training materials, driving IT-related initiatives, and assisting with investigations and special projects.
• Liaise with Front Office Technology to remediate systemic issues impacting regulatory requirements, including prioritization of outstanding items, driving impact assessment analysis, and raising material issues to Senior Compliance stakeholders and regulators where necessary.
• Assist the Regulatory Affairs Group in responding to regulatory inquires and exam requests including coordinating data across the Firm’s Capital Markets departments, remediating identified issues, interpreting findings, and assisting in drafting all related responses.
  
  

Hybrid Schedule working from Minneapolis office three times per week

What do you need to succeed?

Must-have

• Bachelor’s Degree
• 5 or more years of experience in financial services compliance
• Experience in Regulatory Reporting, such as Electronic Blue Sheets, Consolidated Audit Trail, or Short Interest Reporting, or Finance and Operations
• Experience working in an evolving compliance environment within a matrixed environment including collaboration with capital markets operations, finance, regulatory services, and IT
• Strong verbal and written communication skills
  
  

Nice-to-have

• FINRA Licensure Series 7 and 66
• Juris Doctor
  
  

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 $65,000-115,000, 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
  
  

Job Skills

Audits Compliance, Compliance Requirements, Critical Thinking, Data Gathering Analysis, Decision Making, Financial Regulation, Financial Services Industry, Industry Knowledge, Internal Controls, Interpersonal Relationship Management, Operational Risks, Product Services, Regulatory Compliance Management, Risk Management, Securities Laws, Securities Regulations, Strategic Thinking

Additional Job Details

Address:

250 NICOLLET MALL:MINNEAPOLIS

City:

Minneapolis

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

CHIEF LEGAL & ADMIN OFFICE GRP

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-03-10

Application Deadline:

2025-03-31

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