Associate Director, Regulatory Relations

What is the Opportunity?

Aids in the maintenance of effective regulatory relations with the Federal Reserve and Office of the Comptroller of the Currency (OCC) and compliance program for RBC's prudential regulator ongoing supervision, continuous monitoring, and exams (collectively, Regulatory Engagements).

What will you do?

• Facilitates examinations and routine meetings conducted by RBC's prudential regulators (primarily the Fed and OCC) for matters related to RBC's U.S. businesses

• Coordinates and/or conducts due diligence and determines materiality of regulatory issues raised in connection with regulatory requests and examinations

• Works closely with relevant subject matter experts and stakeholders across CUSO to draft and prepare responses to regulatory requests and examinations

• Maintains thorough knowledge of banking regulations, bank operations and procedures, risk management controls, and other internal control objectives and practices, relevant to RBC's prudential regulators

• Facilitates and summarizes examiners' findings and perspectives and provides notification and escalation as appropriate

• Contribute to and manage technical enhancements and expansion of the department's Regulatory Engagement recordkeeping system, as applicable

• Summarizes and prepares reporting that communicates exam activity and issues for Executives

• Prepares internal reports for RBC Management and Boards of Directors, and promotes information sharing of existing and new material regulatory issues

• Complete special projects, as assigned

What do you need to succeed?

• Bachelor's degree

• Significant regulatory and reputational impact

• Interpretation and scoping of regulatory requests and responses

• Determines if regulatory matter as applied to RBC policies and procedures presents risk to RBC or an individual

• Determines if matter warrants risk escalation and to whom

• Evaluates RBC policies and procedures through review of cases and may recommend policy and procedure enhancement

• Independent review and challenge of managements' responses to regulatory matters

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 a dynamic, collaborative, progressive, and high-performing team

• Opportunities to do challenging work

• Opportunities to build close relationships with clients

The good-faith expected salary range for the above position is $110,000 - $190,000 (New Jersey/New York( depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs.This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

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

#LI - Hybrid

#LI - POST

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