Senior Compliance Assurance Analyst - Testing

Job Description

What is the Opportunity?

Execution of Compliance Quality Assurance activities in accordance with the 2

LOD Compliance Quality Assurance Program. The Quality Assurance team is responsible for monitoring and testing of compliance activities performed by the First and Second Lines of Defense, reviewing the design and implementation of policies, procedures, and controls to address regulatory expectations with respect to issue remediation and effectively challenge remediation efforts to ensure that such efforts are well designed, effective, and sustainable.

Additionally, the Quality Assurance team performs target/project-based reviews to address specific processes, programs and methodologies performed by the Compliance Practices Group (CPG) (i.e., compliance risk assessment, issues management, regulatory change, management reporting etc.).

What will you do?

• Lead and conduct assigned quality assurance reviews executed across the RBC Combined U.S. Operations (CUSO)/RBC U.S. Groups Holdings (IHC) to ensure timely completion and adequate execution in accordance with the governing documents and adherence to regulatory requirements.
• Analyze data, assess and challenge applicable policies, procedures and implemented compliance controls to ensure implementation and sustainability meets regulatory expectations, including consumer harm.
• Responsible for assessing issues and advising on ratings, root causes, etc.
• Assist with the reporting of the status of reviews in support of QA Plan Governance, including progress to plan reporting and change management.
• Assist in the development of standard QA plan development, QA program templates, reports and enhancement of the program.
• Responsible for escalating high risk issues found to senior management.
• Responsible for clear and concise documentation of QA activities performed and drafting reports outlining the result of those activities.
• Assist in the completion of ad hoc activities to support the Compliance Practices Group goals and initiatives.

What do you need to succeed?

• 5 - 7 years' experience in the financial services industry in Compliance testing, quality assurance, quality control, project management, branch inspection, Internal Audit or at a financial institutions regulator.
• Deep knowledge of compliance quality assurance, compliance testing methodologies and/or audit experience.
• Proficient in Excel, Word and PowerPoint.
• Familiarity with FINRA, SEC, MSRB, FRBNY and OCC rules and regulations.

Nice-to-Have

• Experience with operating in a highly matrixed environment.
• Strong communication and presentations skills.
• Excellent organizational skills.
• Excellent collaboration 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 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

Salary and Compensation

The good-faith expected salary range for the above position in New Jersey is $85,000-$145,000 USD 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.

Address: GOLDMAN SACHS TOWER, 30 HUDSON STREET, JERSEY CITY

City: Jersey City

Country: United States of America

Work hours/week: 40

Employment Type: Full time

Platform: CHIEF LEGAL & ADMIN…