Director, CUSO Financial Crimes Regulatory Initiatives

Job Summary

Job Description

What is the opportunity?

Support the Combined U.S. Operations (“CUSO”) Financial Crimes covered financial institutions in the execution and ongoing management of regulatory exams, initiatives, and priorities.

What will you do?

• Lead the development of oversight initiatives of the regulatory remediation process, response review and challenge process.
• Provide financial crime regulatory advisory support with business partners and second line of defense to identify and mitigate remediation risks and issues.
• Participate in the gathering and drafting of regulatory interaction documents and responses as appropriate.
• Manage and report upon remediation progress, status, and challenges.
• Lead the collaboration efforts across key constituents within CUSO 1LOD and 2LOD teams throughout the regulatory lifecycle to ensure timely completion of all regulatory matters and to identify emerging risks throughout the businesses.
• Lead and drive best practices of the regulatory remediation responses.
• Synthesize regulatory feedback and provide ongoing analysis to management of supervisory issues and implement best practices for future engagements.
• Drive the consistency and alignment within the processes to enter, track, and remediate regulatory findings.

What do you need to succeed?

Must-have

• Extensive knowledge of risk and compliance management, and/or governance practices, including a working knowledge of financial crime related program requirements relating to BSA, USA PATRIOT Act, OFAC, and FCPA.
• Effective and strong written and oral communication skills
• Ability to understand and articulate financial crime risks.
• Quickly adaptable to changing circumstances/priorities.

Nice-to-have

• Demonstrated experience leading or contributing to the design and implementation of financial crimes regulatory remediation and oversight activities.
• Intuitive and inquisitive thinker – demonstrated critical thinking skills.

• Capable of inspiring and influencing colleagues both upwards and downwards, internally, and externally.
• Strong knowledge and experience developing, coordinating, and preparing senior management reporting.

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
• Flexible work/life balance options
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities  
• Access to a variety of job opportunities across business

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 that comprise our total compensation package, which includes the following: commission sharing eligibility for select roles, a discretionary bonus, a paid time-off plan, our 401(k) program with company-matching contributions, and our health, dental, vision, life and disability insurance.

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

Anti-Money Laundering (AML), Business Perspective, Client Counseling, Communication, Decision Making, Financial Regulation, Interpersonal Relationship Management, Operational Integrity, Organizational Governance, Strategic Thinking

Additional Job Details

Address:

GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITY

City:

Jersey City

Country:

United States of America

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