[Hiring] Branch Examiner @RBC

Role Description

The Branch Inspection Program is one pillar of the US Broker-Dealer Shared Services team responsible for reviewing for compliance with FINRA Rules 3110 and 3120, NFA Rule 2-9, MSRB Rule G-27, and various internal Firm policies and procedures. The Program reviews for compliance across four broker-dealers within the RBC umbrella:

• RBC Capital Markets LLC (encompasses both retail and institutional businesses)
• RBC CMA Ltd.
• City National Securities, Inc.
• CNR Securities, LLC

Working hours:

• 3 week APAC Hours - 9.00AM - 6.00PM
• 1 Week US Hours - 9.00PM - 6.00AM

What will you do?

• Verify accuracy of branch questionnaire responses and internal books and records via review of RBC systems, FINRA Gateway, and the Internet.
• Participate in discussions with onshore team to escalate concerns or findings found in questionnaire.
• Assist with the summarization of reviews in a written final report, maintain appropriate documentation to support reviews and findings/issues, and escalate any areas where concerns were noted.
• Distribute the final report to business stakeholders, inclusive of senior management.
• If warranted, contact registered representatives under review via e-mail or phone/Webex as it relates to the inspection process.
• Willing to assist with special projects as they arise, including but not limited to relevant investigations, complaints, escalations, Regulatory Compliance Management (RCM), etc.

Qualifications

• Familiarity with Capital Markets and/or Wealth Management products, strategies, and activities at a U.S.-registered broker-dealer.
• Experience in roles in any of the following areas: Compliance Testing, Quality Assurance, Branch Inspections, Surveillance, and/or Internal Audit.

Requirements

• Knowledge of FINRA (particularly Rule 3110), SEC, and MSRB expectations, rules, and regulations (Nice to have).
• Masters or Law School Degree (Nice to have).
• Excellent attention to detail, organization, and high analytical skills.
• Strong interpersonal and communication skills, including ability to communicate reviews professionally and effectively, while using discretion with sensitive and confidential data.
• Strong team player who does not operate in a siloed capacity and values collaboration.
• Ability to learn and apply concepts independently after a period of time.
• Maintains a curious nature and can ask the next question.
• Ability to check and challenge in a professional manner.

Benefits

• Full-time employment.
• 40 work hours/week.
• Salaried pay type.

Company Description

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.