Senior Testing Officer

What is the opportunity?

The Sr. Compliance Tester leads and conducts independent compliance reviews for the U.S. Compliance Testing Program, a critical program element of the U.S. Regulatory Compliance Management framework for RBC's CUSO/IHC. This position is responsible for developing a sound approach to testing, executing testing, overseeing the work of other testers assigned to the review, and producing quality final testing reports and work-papers that thoroughly document testing conducted and corresponding conclusions. The Sr. Compliance tester may also support issue validation as well as other initiatives aimed at enhancing the overall Compliance Testing Program.

What will you do?

• Conduct testing across the CUSO/IHC, inclusive of the testing of controls and adherence to regulatory requirements
• Perform research on regulatory requirements and business controls to determine optimal approach to testing while employing a risk-based approach
• Will often lead reviews and guide other testers, but may also assist other team members with completing reviews and/or portions of testing
• Document conclusions of testing, including detailed workpapers as well as written reports documenting conclusions and findings
• Assisting with the reporting of the status of reviews in support of Test Plan Governance, including progress to plan reporting and change management
• Provides ideas for the enhancement of the Program by leveraging Compliance Advisory team members, Compliance Practices and Assurance team members, Business Partners, and industry research
• Responsible for assessing issues and advising on ratings, root causes, etc.
• Responsible for escalating high risk issues found to senior management
• Responsible for issue entry to CALMA and RegComp and oversight that corrective action has been taken and issues satisfactorily remediated

Requires expertise in the following regulatory compliance subjects:
* Capital Markets
* Broker-Dealer
* Volcker

What do you need to succeed?

• 5-7 or more years of experience in the financial services industry in Compliance testing, branch inspection, Internal Audit or at a financial institutions regulator
• Deep knowledge of compliance testing methodologies and/or audit experience
• Knowledge of FINRA, SEC, MSRB, FRBNY, CFPB and OCC rules and regulations

Nice to Have

• Experience with operating in a highly matrixed environment
• Excellent communication and presentations skills
• Excellent organizational skills
• Excellent collaboration and team-building skills

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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
• 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 build close relationships with clients.

For New York, New Jersey, and Los Angeles: The expected salary range for this particular position is $130,000-$210,000, depending on your experience, skills, and registration status, market conditions and business needs.

For Delaware and Minnesota: The expected salary range for this particular position is $65,000-$115,000, 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

Job Skills

Additional Job Details

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.