Senior Manager, HR Regulatory Operations, SMCR​/MiFID II

Overview

You will own, design, coordinate, manage, oversee and deliver HR operational processes on a cross-entity and cross-platform basis, that relate to compliance with the Senior Manager & Certification Regime (SMCR) and Markets in Financial Instruments Directive II (MiFID II).

• Own, design, coordinate, manage, oversee and deliver HR operational processes that relate to compliance with SMCR, including, but not limited to, the on-boarding of regulated individuals, Certification, FCA Directory updates, Fitness & Propriety Assessments (ad hoc and year end), SME to the business on all SMCR topics, and oversight of all committee reporting.
• Lead and support the Director, Head of UK & Europe HR Operations and the MD, Head of HR with the implementation of HR regulatory operational initiatives.
• Management of the HR Regulatory Operations team including upskilling team members and providing on-going coaching.
• Coordinate and/or collate HR-related regulatory responses and liaise directly with regulator on matters relating to the FCA Register.
• Escalate regulatory risks to senior stakeholders through the Fitness & Propriety Forum and as HR regulatory operations representative at the SMCR Oversight Committee.
• Identify regulatory change and interpret the impact on HR regulatory operations processes (SMCR reforms and ad hoc FCA/PRA publications/findings).
• Design and present recommendations to senior stakeholders on steps to mitigate regulatory risk (SMCR).
• Create and maintain processes, policies, and procedures for SMCR HR operations-related activities.
• Lead on special projects to support mandate and manage third-party supplier relationships of the SMCR system solution provider, including contract renewals, procurement, and data privacy reviews.
• Own design and management of MiFID II-related operational processes (e.g., annual Knowledge & Competence assessments) to ensure regulatory compliance.
• Responsible for all SMCR and MiFID data within the regulatory management system and oversight of data management processes.
• Serve as main point of contact for Audit and Compliance Monitoring topics related to HR Regulatory Operations and oversee the annual OSFI rescreening process to ensure Enterprise policy compliance.

• Must-have:
  Proven experience designing and delivering HR operational processes relating to compliance, including SMCR; subject matter expert on SMCR requirements; experience communicating with senior stakeholders; experience leading projects; experience managing junior team members.
• Nice-to-have:
  Banking or financial services background with understanding of a large matrix organization and regulatory requirements.

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, flexible benefits and competitive compensation
• Leaders who support your development through coaching and managing opportunities
• Opportunities to work with the best in the field
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• A world-class training program in financial services.

RBC Group does not accept agency resumés. Please do not forward resumés to our employees, nor any other company location. RBC Group only pay fees to agencies where they have entered into a prior agreement to do so and in any event do not pay fees related to unsolicited resumés. Please contact the Recruitment function for additional details.

• Address: 100 BISHOPSGATE, LONDON
• City:
  London
• Country:
  United Kingdom
• Work hours/week: 35
• Employment Type:
  
  Full time
• Platform: HUMAN RESOURCES & BMCC
• Job Type: Regular
• Pay Type:
  
  Salaried
• Posted Date:
• Final date to receive applications:

Note:

Applications will be accepted until 11:59 PM on the day prior to the Final date to receive applications date above.

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our growth. RBC strives to foster a workplace based on respect, belonging and opportunity for all.