RBC Bank Regulatory Relations Associate Director

RBC Bank Regulatory Relations Associate Director

Requirements

• Extensive and comprehensive regulatory knowledge and expertise (5+ year minimum)
• Excellent judgment and analytical skills.
• Excellent written and oral communication skills, and must be comfortable meeting with regulators, Board members and RBC Bank Executives on a regular frequency.
• Effective organization skills, including the ability to prioritize between tasks and deadlines.
• Ability to effectively analyze risk to the organization of potential issues discovered.
• Ability to interact with regulators and in team setting.
• Attention to detail and accuracy are essential.
• Strong Office (PowerPoint, Outlook, Excel) skills.

Responsibilities

• Provide timely and proactive guidance to RBC Bank Board Members, Executives and management to effectively maintain healthy regulatory relationships in conformance with all applicable laws, regulations, and policies.
• Provide exam management facilitation and advice to RBC Bank Executives and management, including preparation for meetings and regulatory requests and updates.
• Work closely with relevant subject matter experts and stakeholders across CUSO responsible for drafting and preparing responses to regulatory requests and exams.
• Facilitate and summarize exam findings and perspectives, and provides notification and escalation as to RBC Bank Board of Directors, Executives and management as appropriate.
• Coordinate the uploading of Board Materials, management reports and other ongoing supervisory materials to regulators.
• Assist in summarizing and prepare reporting that communicates RBCB exam activity and issues for RBC’s Regulatory Action Committee.
• Prepare internal reports for RBC Bank Management and Board of Directors, and promote information sharing of existing and new material regulatory issues.
• Manage and track regulatory risk through regular (e.g., monthly/quarterly) metrics detailing regulatory themes and trends in exams, inquiries, and continuous monitoring.
• Lead discussions on RBC Bank’s regulatory issues, including the development of thematic observations, conclusions and recommendations related to regulatory issues; and oversee the timeliness and accuracy of responses to regulators, including data requests and responses to exam findings (such as Matters Requiring Attention, etc.).
• As required, create and maintain department documentation, including manuals, training materials, and communications; and along with others, oversee and maintain the safeguarding of Confidential Supervisory Information.

Preferred Qualifications

• In-depth knowledge of FRB and OCC, rules, regulations and examination practices strongly preferred.
• Undergraduate degree, Master’s/JD degree preferred, but not required.
• Former work experience at a bank regulator and/or in a regulatory liaison function preferred, but not required.