Job Description

Job Summary To support the execution of Enterprise Compliance functions oversight over RBCs Regulatory Compliance Management (RCM) programs maintained within the Compliance function and the Reliance Model (RM) Review Program, which includes periodic quality assurance reviews (QARs), annual attestations, ongoing issues management and reporting.

• As part of the Enterprise Compliance RCM Quality Assurance Review Team, the role also supports the Global Chief Compliance Officers report to the Audit Committee regarding RBCs overall state of compliance.

• Execute QARs, in adherence with applicable QAR Guidelines:

• Plan & perform individual QARs for in-scope areas pursuant to the approved annual program plan;
• Prepare QAR reports for individual reviews that explain how the review was conducted and what findings resulted from the work performed, and share these reports with the stakeholders associated with each review; and
• Assist the reviewed areas in understanding QAR results and findings, and how to remediate/correct practices.
• Facilitate the RM annual attestation process, including engagement of RM functions, sample review of completed attestations and maintenance of the supporting tool.
• Manage the issues identified by the QAR Review Program, including inputting the required data into RegComp, ongoing monitoring of issues status and validation of remediation activities, following the enterprise Regulatory Compliance Issues Management Process.
• Update RCM ratings for RM functions on a quarterly basis, based on results of QARs and progress of issues remediation.
• Support the ongoing development and maintenance of the QAR Guidelines and annual QAR plans.
• Leverage best practices identified in reviews performed to drive continuous improvement in the overall QAR Program.
• Assist the wider QAR team as required on other components or initiatives of the QAR Program.

Job Skills Audits Compliance, Critical Thinking, Data Gathering Analysis, Decision Making, Detail-Oriented, Financial Regulation, Industry Knowledge, Product Services, Risk Management, Strategic ThinkingAdditional Job DetailsAddress: PERSIARAN IRC 2, IOI RESORT CITY IOI CITY TOWER ONE:PUTRAJAYACity: PutrajayaCountry: MalaysiaWork hours/week: 40Employment Type: Full timePlatform: LAW AND COMPLIANCEJob Type: RegularPay Type: SalariedPosted Date: 2024-08-08Application Deadline: 2024-08-31Inclusion and Equal Opportunity EmploymentAt RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at .

Royal Bank of Canada