Research Compliance Oversight

Job Summary

Job Description

What is the Opportunity?

Responsible for overseeing the firm's Information Barriers to restrict the improper flow of information and prevent the misuse of material non-public information between the public side areas of the firm (e.g., Research) and the private side areas.

What will you do?

• Perform oversight over controls relating to interaction with Research, including vetted calls process and chaperoning meetings between Investment Banking and Research

• Escalate issues as they arise to management with recommended actions and participate in management forums across first and second lines

• Monitor the Firm’s Watch and Restricted Lists and review the Firm’s Research prior to publication to ensure it adheres to FINRA and SEC rule requirements Assist with monitoring activities relating to Research which includes oversight over e-communication controls,

• Provide oversight of the execution of key Regulatory Compliance Management Framework program elements:

  • the design, implementation and administration of global compliance policies, procedures and standards

  • the development and execution of a global monitoring program executed within the Control Room

  • providing input to Surveillance and CM Shared Services Compliance on Control Room related monitoring

  • 2LoD oversight of regulatory change, issues management and compliance risk assessments

  • effective and consistent management information and reporting on emerging issues, regulatory developments and findings from surveillance, monitoring and testing to business “risk owners” and regional Chief Compliance Officers; includes regular quarterly reporting and input into the annual Global Control Room report

• Advise Research, Investment Banking and various origination groups and provide training where necessary

What do you need to succeed?

• 2+ years of experience in financial services

• Ability to work independently while also being able to work effectively in a team environment

• Non-traditional hours may be required – schedule flexibility in order to provide coverage to various business lines through 9 PM PST as needed

• Ability to work under short deadlines and make quick and reasoned decisions

• Control Room experience

• Familiarity with Regulation M, FINRA Rule 2241 and other relevant rules and regulations

• Undergraduate degree

• Series 7, law degree preferred

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 $80,000 - $135,000 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

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