VP Business Risk - In-Business Regulatory Risk Management

RBC Capital Markets, LLC
United States, New Jersey, Jersey City
30 Hudson Street (Show on map)
May 01, 2025
Job Summary VP Business Risk - Regulatory Compliance Reporting to the Director Business Risk - Regulatory Compliance the employee will collaborate with functional stakeholder, assisting in incorporating regulatory requirements in business initiatives under Agile ways of working. Working closely with USCM and the product teams, participating in meetings with the 2LoD, this role will support the identification and prioritization of applicable regulatory initiatives, as well assisting in facilitating the execution and implementation of regulatory requirements. Job Description What will you do? Represent business risk and product to support U.S and enterprise-wide regulatory or governance programs, coordinating feedback from the business and ensuring execution Identify, prioritize, and proactively manage dependencies, risks, exceptions, and issues. Support and foster a strong and effective control environment Assist in assessing current status of all regulatory related controls, recommend control enhancements as needed. Leverage reporting and Key Risk Indicators to identify trends, themes and areas requiring improved controls Champion regulatory issue self identification, provide transparency of status and progress on regulatory remediation Consult and educate the business on regulatory requirements and business implications, fostering a strong risk culture of ownership Maintain regular, clear communication with project teams, key partners, and management regarding stats of controls, testing, audit progress, and progress of issue management. Stay abreast of pertinent industry practices, skills and regulatory concerns Support best practices and improvement of the regulatory compliance processes What do you need to succeed? 3-5 years of regulatory compliance in the transaction banking/cash management/treasury services environment Experience in a compliance or audit role Profound knowledge of supervisory expectations expressed in U.S Regulatory Obligations, Federal Reserve Supervisor Letters, Office of the Comptroller of the Currency Bulletin Experience in interpreting, designing controls to meet prudential regulatory obligations such as Reg CC, Reg D, Reg J, Reg W Experience in applying legal, regulatory and/or policy requirements Experience in coordination of transformational efforts Experience in or excited to learn Agile way of working (e.g., manage backlog, track impediments, quick iterations with done better than perfect) Ability to draw connections between regulatory requirements and business initiatives, recognizing oncoming impediments and support the product teams to clear the path proactively Ability to both grasp big picture and have rigorous attention to detail Ability to influence a diverse group of stakeholders, and demonstrate strong collaboration skills across the organization Strong problem solving skills with a results-oriented mindset 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 applicable Leaders who support your development through coaching and managing opportunities Ability to make a difference and lasting impact Work in a dynamic, collaborative, progressive, and high-performing team Opportunities to do challenging work The expected salary range for this particular position is $125,000-$190,000, depending on your experience, skills, and registration status, market conditions and business needs. You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals. 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 Opportunities to building close relationships with clients Work in a dynamic, collaborative, progressive, and high-performing team Opportunities to do challenging work Job Skills Auditing, Audits Compliance, Data Gathering Analysis, Decision Making, Ethical Business, Fraud Management, Internal Controls, Interpersonal Relationship Management, Results-Oriented, Risk Management Additional Job Details Address: GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITY City: Jersey City Country: United States of America Work hours/week: 40 Employment Type: Full time Platform: CAPITAL MARKETS Job Type: Regular Pay Type: Salaried Posted Date: 2025-05-01 Application Deadline: 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 believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all. Join our Talent Community Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. 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.