Compliance Manager - Branch Review Team

Job Description

What is the opportunity?

The Compliance Manager is responsible for executing and leading reviews of RBC Wealth Management locations with the objective of evaluating the effectiveness of regulatory & internal policies, operational controls, and regulatory compliance monitoring.

• Plan and execute comprehensive compliance and internal control reviews across various RBC Wealth Management locations.
• Evaluate the efficacy of operational and compliance controls, providing constructive feedback on policies, procedures, and processes. Report on control weaknesses and compliance risks, offering recommendations to fortify controls, and actively contribute to implementing changes.
• Assist in crafting management reports, document identified deficiencies, and work with Branch Management to establish required actions plans to resolve the deficiencies.
• Diligently follow up on identified deficiencies to ensure their resolution.
• Stay abreast of evolving regulatory requirements, internal policies, procedures, and internal control standards.
• Continuously develop and update audit programs for the associated entities, ensuring alignment with industry standards
• Contribute to departmental or divisional projects and initiatives related to risk management, risk assessments, and compliance, as required.
• Undertake tasks such as scheduling, planning, and executing audits of RBC Wealth Management offices. This includes the preparation of management reports and audit results, and maintaining a risk-based approach to audits including risk assessments.
• Play a key role in the development and implementation of audit standards, programs, and prioritization strategies through the identification of systemic risks or compliance issues.
• Support branch staff in understanding compliance internal controls, policies, and procedures, ensuring that RBC Wealth Management maintains a robust branch review program that exceeds regulatory requirements.

• University or post-graduate business degree
• Relevant securities industry or audit experience
• Completion of CSC and CPH
• Attention to detail to exercise sound judgement.
• Team player attitude with strong work ethic
• Leadership skills– taking initiative, strategic thinking, project management
• Strong communication skills and the ability to work under deadlines
• Exceptional conflict management, negotiation and influencing skills
• Excellent written and verbal communication skills
• Willingness to travel extensively mainly within Canada
• Must have a valid driver’s license and have access to a vehicle for local travel

• Auditing or compliance experience
• Branch Manager Course (BMC)/Investment Dealer Supervision Course (IDSC)
• Fluency in French

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
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to take on progressively greater accountabilities

Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate’s experience, skills, registration status, performance, individual goals, market conditions, and business needs.

The expected pay range for this position is: $67,000 - $90,000.

The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay range for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable.

You have the potential to earn RBC’s discretionary…