What is the Opportunity?

The US Capital Markets Electronic Communication Surveillance Group (“ECSG”) is responsible for conducting surveillance of electronic communications pursuant to FINRA Rule 3110.  Members of the ECSG will be expected to (i) provide surveillance coverage to relevant business units in line with industry best practices; (ii) provide top-tier support to the business lines serviced; (iii) mitigate risk for RBC by detecting and escalating compliance issues; (iv) cross train amongst the team for redundant coverage; and (v) seek efficiencies and both strategic and tactical improvements to the surveillance program.

What will you do?

• Conduct routine review of electronic communications to ensure compliance with company policies and application regulations (i.e. FINRA, SEC)
• Ongoing assessment of surveillance efficiency and reporting to management
• Direct targeted reviews in response to inquiries from Compliance, Legal, or Human Resources personnel; Interpret and investigate substantive findings for context and potential impact
• Manage the escalation and resolution of items that may present concerns
• Conduct special projects as assigned by management including the escalation and resolution of potential gaps and identified issues
• Maintain surveillance monitoring groups and provide metrics for reporting to management
• Perform UAT testing as required

What do you need to succeed?

• Bachelor’s Degree (BA or BS) in Business or Finance preferred
• Minimum of 2-5 years of experience in the brokerage industry, providing familiarity with Capital Markets, securities industry regulatory environment, practices and operations
• Knowledge of FINRA, NYSE, SEC and MSRB rules and regulations.
• Prior experience at a securities regulator (i.e., FINRA, SEC, NYSE) preferred but not necessary
• Experience interacting with Supervisors, Desk Heads and senior Compliance & Legal personnel.
• Experience preparing clear and concise reports in a timely fashion, documenting applicable business requirements and regulatory concerns.
• Series 7 and 63 licenses are nice to have, but not required. 
• Detailed understanding of compliance issues facing Broker-Dealers
• Strong written and verbal communication skills
• Creative thinker
• Second Language a plus, but not required.

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
• Opportunities to building close relationships with clients

The good-faith expected salary range for the above position is $90,000 - $125,000 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 of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

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

Additional Job Details

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

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.