FICC US Supervision FICC US Supervision …

in New York, NY, United States
Permanent, Full time
Last application, 17 Jan 20
in New York, NY, United States
Permanent, Full time
Last application, 17 Jan 20
FICC US Supervision
What is the opportunity?
Ensure a robust Front Office Control Framework for FICC US, including reporting and monitoring so that the business can evidence that it has the appropriate level of Supervision in place that will enable it to reasonably identify conduct issues or practices which leave RBC open to regulatory or reputational risk.

What will you do?
  • Provide advisory support to FICC Front Office personnel with respect to industry regulation, legal requirements and internal policies
  • Continuous review of existing Supervisory programme in an effort to enhance processes, focus on risk-based reviews, and detect and remediate potential Supervisory control gaps
  • Accountable for providing senior leaders, as well as FICC professionals within each asset class, appropriate levels of insight to ensure awareness of key risks and proper understanding of the rules, regulations and policies
  • Work closely with IT and Front Office to leverage expertise and technology where possible, in an effort to automate and reduce inefficiencies related to Supervisory reviews, including enhancements to Supervisory Checklists, Dashboards and Management Reporting
  • Keep current on regulatory change and internal/external guidance and consider the impact to FICC
  • Ensure attestation on all Supervisory functions such as book ownership, application access, etc. are performed and completed as required
  • Ensure timely completion of Management action plans from risk assessments, internal audits and regulatory reviews
  • Foster, develop and maintain strong working relationships with senior functional and business management, including FICC Leadership in order to adequately support the business
  • Where appropriate, conduct Front Office training, including "dilemma sessions", supervisor expectations, etc.
  • Proactively identify operational risk/control deficiencies in the business and assist in developing solutions / mitigating controls
  • Review and comply with Firm Policies applicable to your business activities
  • Promptly escalate operational risk events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions promptly

What do you need to succeed?
  • Solid understanding of financial markets
  • Strong knowledge of the FICC business and applicable regulations
  • Proven impact and influence skills to engage cross-functional team members
  • Demonstrated ability to think strategically and apply creative solutions
  • Series 7, 63, 24 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
  • 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

About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at .

We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at .

Inclusion and Equal Opportunity Employment
RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.