Job Summary

Job Description

What is the opportunity?

As a member of the Mutual Funds Branch Review Program, you will be responsible for Mutual Fund control testing. This will entail testing Key Controls for Canadian Banking, both Operational Risk and Regulatory Compliance, in alignment to the Internal Control Management Standard (ICMS). You will join the Control Governance Office (CGO) team within BRMS which is part of the first line of defense in Canadian Banking.

What will you do?

You will conduct control testing, according to the Canadian Investment Regulatory Organization (CIRO) Rule 500 Branch Review Requirements, to confirm Unit adherence to policy, in alignment with enterprise ICMS. Testing can be on-site, remote or virtual.You will need to demonstrate strong leadership and organizational skills to maintain expected quality standards for control testing to achieve individual and team successYou will need to fully understand ICMS and the business control environment end-to-end, to validate control testing approach, to confirm control effectiveness and perform root cause analysis where requiredYou will consistently be alert to opportunities to make the MFR program more efficient and effective and will engage in initiatives that contribute to improvementsEmbrace a continuous learning environment, proactively seek to improve capabilities and be part of a change-ready teamEffectively communicate issues to key stakeholders to ensure awareness and clear understanding of review outcomes and action plansProvide reporting to local and regional management for Mutual Funds Reviews, and conduct root cause analysis to identify systemic issues and/or opportunities to improve process/control break downs and escalationsParticipate in key stakeholder meetings and provide insight and collaboration to identify, confirm and opine on action plans to improve control testing and testing results

What do you need to succeed?

Must have:

Licensed as Branch Compliance Officer (BCO) for at least two yearsRegional Banking Sales, Service and Operations experience, including knowledge of products, processes and complianceProven ability to embrace and adapt to changeProfessional oral and written communication skillsA risk and control mindset, and proven problem solving, innovation and analytical skillsSelf-driven and technologically adept, with strong MS Excel, Word, RBC Connect and WebEx skillsAble to work from your home office which is compliant with home office standardsWilling to travel, up to 75% of the time, and flexible to travel across Canada if required

Nice to have:

Prior experience working with VPs and senior management.

What’s in it for you?    

If you thrive on the challenge to help the team be our best, employ progressive thinking to keep improving and growing, and actively collaborate with your colleagues to deliver trusted advice, this is the position for you. We endeavour to help our clients thrive and communities prosper. We care about each other, about reaching our potential, and about achieving success that is mutual.

A comprehensive Total Rewards ProgramLeaders who support your developmentAbility to make a difference and lasting impactOpportunity to take on progressively greater accountabilities

Job Skills

Business Process Design, Decision Making, Financial Risk Management (FRM), Operational Risks, Risk Control, Risk Management, Teamwork

Additional Job Details

Address:

RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

PERSONAL & COMMERCIAL BANKING

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-02-05

Application Deadline:

2025-02-22

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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