Manager, Capital Markets Trade Surveillance and Governance

What is the opportunity?

You will be part of the RBC Compliance Surveillance Team, which is a core, global, second-line-of-defense function within Compliance that works closely with the first-line and the third-line (Internal Audit) and other second-line functions as part of an integrated controls framework. It performs routine (mostly automated), post-event monitoring of trading activity and communications (electronic and voice) for controlling and mitigating specific relevant risks(e.g. market abuse and manipulation) associated with the supported Capital Markets and Wealth Management businesses.

As Manager, Capital Markets Trade Surveillance and Governance, you will be responsible for conducting daily/monthly or ad-hoc trade surveillance alerts focusing on Market Abuse and Manipulation and assisting Associate Director, Surveillance Governance and Quality Assurance in maintaining effective surveillance governance across Canaidan Surveillance Team.

What will you do?

Surveillance Alert Review (50%):

• Conduct routine reviews of post trade surveillance alerts generated by different surveillance systems to detect potential market abuse/manipulation behavior; to ensure compliance with company policies and applicable market trading regulations (i.e. CIRO, OSC)

• Manage the escalation and resolution of items that may present concerns

• Identify potential areas of risk (financial, reputational, and regulatory), advise senior management of potential issues as they arise, make recommendations with regards to potential courses of action. 

Governance (50%)

• Assist Associate Director in developing and maintaining up-to-date surveillance procedures for all business lines covered.

• Compile and provide surveillance statistics for periodic management reporting and oversights.

• Support planning and execution of governance activities including audits, regulatory requests, scenario testing, and regulatory exams.

• Assist in monthly alerts quality assurance reviews.

• Manage special projects as assigned (eg. Team productivity analysis to ensure sufficient and efficient resource allocation

What do you need to succeed?

Must-have:

• Minimum 5 years of related work experience at a financial institution and/or regulated securities dealer/and or securities regulatory body.   

• Strong understanding of Capital Markets investment products and market abuse/market manipulation patterns.

• Knowledge of sales & trading regulatory and compliance requirements. (Eg. CIRO, OSC requirements)

• Experience developing, implementing, or maintaining surveillance procedures and governance frameworks.

• Excellent analytical skills to detect patterns/trends, as well as experience in using data analytic tools (eg. Tableau)

• Strong written and verbal communication skills

• University degree

Nice-to-have

• CSC, CPH and/or Trader Training Course

• Experience in utilizing AI tool for data analytics

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 an agile, collaborative, progressive, and high-performing team

• The opportunity to interface with senior level executives from many different parts of the organization

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.