Associate Director, Regulatory Capital Compliance at Dr Bill RBC Ventures

Toronto, Ontario, Canada -

Full Time

Start Date

Immediate

Expiry Date

18 Jan, 26

Salary

0.0

Posted On

20 Oct, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Basel Compliance, Regulatory Capital, Stakeholder Management, Risk Management, Policy Development, Self-Assessment, Communication Skills, Process Automation, Data Analysis, Technical Aptitude, Project Management, Regulatory Engagement, Model Validation, Operational Risk, Change Management, Process Design

Industry

Banking

Description

Job Description What is your opportunity? You will be responsible for the efficient management of RBC’s overall Basel compliance framework and processes. The position adds value by providing subject matter expertise on Basel requirements in regulatory capital and reporting, monitoring the scope of such applicable requirements across RBC, providing effective challenge in coordinating the compliance assessment reviews, and researching expected regulatory developments for jurisdictions where RBC operates. You will also contribute to the self-assessments conducted for new model applications or modifications, compilation of the model application package, and communications with regulators. Therefore, you will contribute to the significant regulatory capital savings from successful regulatory approval on new models. You will also participate in other initiatives to better enabling success in the future: apply the enterprise self-assessment process onto other new use case (such as non-regulatory capital requirements, or jurisdictions), modernizing the SAP tool to enhance user experience, and automating manual process among others. What will you do? Policy and Procedure Development Develop and maintain the Self-Assessment Process (SAP) Policies and Procedures, OSFI Roll-out Plan and RBC Procedures for AIRB Roll-out Plan. Leads feedback on behalf of Basel Governance & Oversight (BG&O) on other Frameworks, Standards, Policies and Procedures when engaged by the Enterprise Policy team. Self-Assessment Process Management Support the end-to-end self-assessment process, including but not limited to setting up new users, training facilitation, user guide updates, guideline interpretation, and contributor coordination. Ensure information completeness and accuracy while performing effective challenge and validation. Risk and Control Oversight Lead efforts to socialize, seek clarification and/or update on Enterprise Risk owned issues reported in the Quarterly Operational Risk Profile. Manage Regulatory Compliance Management (RCM) Reliance Model related annual and quarterly activities working with our Operational Risk partners. Document and monitor BG&O key controls, including collecting information required to support the annual key control testing. Stakeholder Engagement & Reporting Prepare or assist in the developing presentations and other material for senior management and regulatory engagement. Analyze and communicate new regulatory requirements to support an informed organizational position. Build and maintain strong stakeholder relationships across business units to foster active and collaborative working relationships. Process & Technology Enhancements Lead the redesign and redevelopment of the Self-Assessment Tool to enhance user experience, improve efficiency, flexibility, and ensure future readiness. Identify, exploit, and implement opportunities for process automation, report streamlining, and alignment with enterprise-wide risk management, governance, and oversight practices Continuously seek opportunities for improvement by leveraging new technologies, data, and industry best practices What do you need to succeed? Strong understanding of OSFI’s Capital Adequacy Requirements (CAR). Proven ability to manage complex stakeholder groups with exceptional influencing skills Confident in challenging the depth and quality of self-assessment completed by colleagues across the organization. Excellent verbal, written communication, and presentation skills Ability to maintain a strategic perspective while ensuring attention to detail. Familiarity with industry best practices for self-assessments against regulatory requirements 5 years or more of experience in the financial services sector across various functions Experience engaging with regulators or working within a regulatory body Nice to Have Bachelor’s degree in business administration, law, political science, public administration, economics, or a related field. Minimum 2 years of experience in Market, Credit or Counterparty Credit Risk. Project or Program Management experience with knowledge of Organizational Change Management (OCM). Strong technical aptitude, with hands-on experience in Python or similar scripting languages. Expertise in process design and optimization. What’s in it for you? We thrive on the challenge to be our best, thinking progressively 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 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 executives from many different parts of the organization Job Skills Additional Job Details Address: ROYAL BANK PLAZA, 200 BAY ST:TORONTO City: Toronto Country: Canada Work hours/week: 37.5 Employment Type: Full time Platform: GROUP RISK MANAGEMENT Job Type: Regular Pay Type: Salaried Posted Date: 2025-10-20 Application Deadline: 2025-11-04 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Inclusion and Equal Opportunity Employment At 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. Join our Talent Community Stay 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 jobs.rbc.com. Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com.‎ We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.

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Responsibilities

You will manage RBC’s Basel compliance framework and processes, providing expertise on regulatory capital and reporting. Additionally, you will contribute to self-assessments for model applications and engage with regulators.