Job Summary

Job Description

What is the Opportunity?

This role acts as Senior Compliance Officer primarily responsible for providing oversight and advisory coverage to RBC Capital Markets, LLC’s Municipal Sales & Trading, Underwriting, Municipal Finance, and Rates Sales & Trading businesses.  

What will you do?

Management of the Municipals, Rates, and Wealth Management Fixed Income Trading business lines with respect to registration, training, development and maintenance of policies, procedures, and controls.Act as lead compliance officer for MSRB Rule G-37 political contributions.Manage global gifts and entertainment Compliance program.Provide primary coverage of Treasury auctions, GSEs, and primary dealer compliance.Regularly report to senior business and functions management on compliance and regulatory developments and issue remediation.Manage implementation of controls for compliance with regulatory requirements, Firm policies, and industry best practices.Provide real-time guidance to Front Office and Functional Groups regarding regulatory and Firm policy requirements.Review and provide Compliance guidance and conditions for implementation of new product and new business initiatives across covered lines of business.Coordinate with supervisory personnel and other first and second line of defense stakeholders to implement supervisory and surveillance protocol for specific product areas.Act as a liaison with Firm regulators and government agencies related to inquiries on covered products and strategies.Monitor for new regulatory developments and implement applicable policies to mitigate potential risk.Manage Regulatory Compliance Management (“RCM”) processes (e.g., Issues Management, Risk Assessments, Regulatory Change, Monitoring and Testing) related to covered lines of business.Work on disciplinary matters involving business coverage areas.Work on special projects.

What do you need to succeed?

At least 5 years municipal compliance experience required.Strong subject matter knowledge in U.S. securities regulation.Familiarity with Capital Markets and/or Wealth Management fixed income products, strategies, and activities at U.S.-registered broker-dealers.

Nice to Have

Series 7, 24, 50, 52, 53, 63 licenses.  Adaptable to a dynamic work environment with multiple priorities and strict timelines.Organize workload and prioritize for responsiveness and efficiency.Collaborate and manage medium to large projects across various teams.Work independently and adapt to changing and competing priorities.Strong written and oral communication skills.Proficient in the usage of Bloomberg.

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 applicableLeaders who support your development through coaching and managing opportunitiesAbility to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamFlexible work/life balance optionsOpportunities to do challenging workOpportunities 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

Audits Compliance, Bloomberg Terminal, Critical Thinking, Data Gathering Analysis, Decision Making, Financial Regulation, Function Management, Industry Knowledge, Interpersonal Relationship Management, Issue Management, Product Services, Regulatory Compliance, Regulatory Compliance Management, Risk Management, Strategic Thinking

Additional Job Details

Address:

BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK

City:

New York

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

CHIEF LEGAL & ADMIN OFFICE GRP

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-12-18

Application Deadline:

2025-01-31

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
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We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.