Chief Compliance Officer, RBC Phillips Hager & North Investment Counsel

Job Description

What is the opportunity?

The Chief Compliance Officer, RBC Phillips Hager & North Investment Counsel & Director, RBC Wealth Management Canada Compliance, will lead a team responsible for compliance and regulatory oversight for the following businesses within RBC Wealth Management Canada: RBC Phillips Hager &North Investment Counsel Inc. (RBC PH&N IC), Royal Trust Company (RT) and RBC Private Counsel (USA) Inc. (RBC PC (USA)). The CCOs of RT and RBC PC (USA) report into this role.

What will you do?

• Accountable for defining, developing, implementing and maintaining a compliance framework for the provision of discretionary management and trust services to high-net-worth clients of RBC PH&N IC, RT, and RBC PC (USA).
• Lead a team of compliance personnel responsible for the development, ongoing review, and interpretation of policies and procedures for compliance and the preparation of management and Board reporting.
• Provide expertise on compliance regulatory issues and developments to ensure the policies and procedures meet or exceed legal and regulatory requirements and industry standards, and satisfactorily mitigate regulatory risk. Act as a key Compliance representative on significant regulatory change projects (e.g., CSA). Responsibilities include to review, interpret and apply rules and rule amendments; provide comments on proposed rules/amendments and consultations; participate in industry working groups;
  
  and complete gap assessments against new and amended requirements.
• Ensure appropriate escalation processes and timely resolution of significant issues and client complaints, including working with Law Group and external counsel on issues requiring legal advice and opinions.
• Maintain strong working relationships with senior business leaders through membership on Operating Committees and in various working groups to advise on compliance and regulatory issues and propose mitigating solutions and action plans that contribute to and support the achievement of business and functional units’ strategic objectives.
• Act as a senior compliance contact and advisor to RBC PH&N IC, RT, RBC PC (USA), and the broader RBC Wealth Management Canada businesses.
• Represent compliance interests of various RBC Wealth Management Canada businesses on business initiatives and on complex issues that require integrated solutions or joint responses through cross-enterprise working groups and other internal and industry committees.

• Regulatory Compliance Management responsibilities, including issue oversight and monitoring activities.
• Provide training on policy and regulatory obligations, to Compliance team members and business partners, as well as other stakeholders.

What do you need to succeed?

Must-have

• Law or Undergraduate degree
• 10+ years of financial industry experience
• Demonstrated expertise and knowledge of the securities industry, compliance practices and applicable regulatory requirements
• Proven experience with regulatory authorities
• Strong leadership skills and the ability to network with and cultivate cross-enterprise alliances and partnerships with platforms, business units and other key stakeholders
• Ability to effectively lead projects and initiatives
• Excellent written and oral communication skills
• Ability to manage conflict, negotiation and influence decision-making when dealing with staff, business partners and key stakeholders
• Ability to be registered as CCO with Canadian securities regulators in accordance with NI 31-103 within a reasonable period of the start date.

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
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in an agile, collaborative, progressive, and high-performing team
• The opportunity to interface with senior level executives from many different parts of the organization

Job Skills

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

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nclusion and Equal Opportunity Employment

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