RBC Looking for Head of Digital Strategy & Client Innovation Compliance – Capital Markets at New York, NY  Full Time

Head of Digital Strategy & Client Innovation Compliance – Capital Markets

The Head of Digital Strategy and Client Innovation (“DSCI”) Compliance will manage all aspects of the compliance program for the global DSCI business unit, including electronic and algorithmic trading activities across RBC Capital Markets’ Global Markets business units, which include Global Equities, Central Funding, Macro and Global Spread Products.

Responsibilites

• Lead and manage all aspects of the compliance program for the global DSCI business unit.

• Design and implement a compliance and monitoring program with a focus on innovation to support the global DSCI business unit as well as electronic and algorithmic trading businesses within RBC Capital Markets’ Global Markets.

• Partner with Electronic Trading Compliance, Electronic Trading Supervision, and other relevant groups to provide governance, review and challenge new and existing DSCI and electronic trading initiatives which includes monitoring processes over new and existing activities in the electronic trading universe.

• Actively participate on various Global Electronic and Algorithmic Trading Committees to provide check and challenge, and develop, implement, and present key risk indicators.

• Providing high-quality real-time advisory services to the global DSCI business line.

• Develop complex solutions quickly and accurately.

• Draft and implement policies and procedures related to global DSCI and electronic and algorithmic trading businesses.

• Assist the Compliance Department with implementing key regulatory initiatives.

• Proactive identification of issues impacting coverage areas through participation in business, industry and regulatory initiatives.

• Assist with the development of surveillance and controls reasonably designed to detect and mitigate compliance issues.

• Assist with the resolution of issues identified from surveillance and other oversight functions (i.e., Internal Audit).

• Advise on global regulatory matters and Firm policies impacting DSCI and electronic and algorithmic trading, including regulatory pre-trade controls, SEC 15c3-5, Best Execution, Order Handling, Books and Records, Client Disclosures, Reg SHO, Reg NMS, FINRA & MSRB, MiFID & HKMA, OSFI & IIROC, and FED & OCC requirements.

• Manage Transaction Reporting through working with Operations and front-office personnel on the build out and ongoing maintenance of a Target Operation Model for order and transaction-based regulatory report; advise on the requirements of reporting systems including, but not limited to, ACT/ORF, TRACE, MSRB, Bluesheets, and CAT reporting.

• Investigate and assist with responses to regulatory inquiries and examinations.

• Advise Technology, Operations, and Compliance staff on regulatory reporting requirements, rule changes and interpretations.

• Special Projects (including but not limited to aspects of Dodd Frank/Volcker and Regulatory Compliance Management implementation).

• Ensure that employees understand RBC vision, as well as support and reinforce targeted behaviors that contribute to RBC goals.

• Provide focus and clarity in establishing individual goals, driving performance management, supporting career development and rewarding strong performance.

• Leverage the value in unit, department, and enterprise wide teams to develop better solutions and achieve a cross enterprise mindset.

• Accept and successfully execute change while supporting employees through the process, and keeping them focused on priorities.

Qualifications:

• BA/BS, JD, MA, or MS or equivalent with a detailed and thorough understanding of Capital Markets and Trading. Advanced degrees a plus.

• Minimum 5 years of capital markets compliance advisory experience.

• Adaptable to a dynamic work environment with multiple priorities and strict timelines

• Organize workload and prioritize for responsiveness and efficiency both individually and for the team

• Collaborate and manage medium to large projects across various teams

• Work independently and adapt to changing and competing priorities

• Strong written and oral communication skills.

• Proficient in Microsoft Word, Microsoft Office, Microsoft Excel, and Microsoft PowerPoint

Oversees day-to-day operations of the corporation’s comprehensive compliance function and ensures consistency in approach to and compliance with internal business process rules and external regulations. Manages activities through senior managers and managers and implements corporate and divisional strategic plans and budgets.

New York, New York, United States of America

USA-NJ-JERSEY CITY, USA-NY-NEW YORK

United States of America

40

Full time

Group Risk Management

Regular

Salaried

2022-11-30-08:00

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 or any other legally-protected factors.