What is the opportunity?

As a team, we look to build the skills of all members while ensuring a stable knowledge base through cross-training. The actual portfolio of business lines assigned to each of our Associate Directors within Insurance Compliance may be reallocated over time to ensure breadth of knowledge within the team, with particular regard to succession planning. This position includes Business Advisory as well as full engagement on Regulatory Compliance Management (RCM) in line with OSFI’s e-13 Guidelines.

What will you do?

​Regulatory Compliance Management (Compliance with OSFI E-13)

• Working closely with the Chief Compliance Officer
• Responsible for overseeing all aspects of the RCM framework for Those areas of business accountability (PBL). This includes:
• Challenging risk assessments, their results and action plans to resolve any concerns
• Assessing inventory of controls (owned by the First Line of Defense) that mitigate regulatory risk
• Leveraging the results of Monitoring and Testing teams and drawing conclusions on the results of monitoring and testing done by others
• Overseeing / formulating issues (in accordance with Enterprise standards and timelines) where gaps are identified and vetting these issues with management
• Documenting conclusions in accordance with RCM methodology
• Reporting results to CCO, Management, Enterprise Compliance

• Monitoring as assigned in support of RBC’s Regulatory Compliance Management (RCM) Program for use in expressing a Compliance opinion on the status of Controls around regulatory requirements.

​Compliance Advisory

• Responsible to proactively keep apprised of the regulatory environment regarding:

• New and existing insurance (and relevant Banking) regulations
• Obligations under voluntary codes of conduct; pubic commitments; and regulatory guidance
• Seeks clarification and interpretation where required
• Provide timely opinions on required changes to business processes and controls necessary for the "coming into force" date of regulatory requirements
• Provides advice, recommendations, and oversight to the relevant Canadian Insurance business on the best approach to address regulatory change as it relates to existing and new products and services, business processes, compliance programs and processes, and distribution channels
• Works with the relevant Canadian Insurance business to ensure regulatory and policy matters are well understood and actively managed by answering questions, researching issues and providing recommendations, identifying and escalating execution gaps and operationalizing compliance policy requirements in a complete and timely manner
• Responsible to pro-actively maintain engagement with the relevant Canadian Insurance business on their strategic initiatives
• For Primary Business Lines, accountable for complete, accurate and timely updates of the Regulatory Compliance Management (RCM) program documenting regulatory requirements, corresponding control activities and associated monitoring and testing routines applicable to the relevant Canadian Insurance business.
• Document Advice given (centrally) and share with Team members as applicable

• Provide regular status updates to the Chief Compliance Officer for any investigations / projects / initiatives.

What do you need to succeed?

• Understanding of regulatory compliance and risk management principles as they apply to an insurance environment
• University Degree
• Strong communication skills
• Conceptual thinking required
• Existing or demonstrated ability to quickly build digital expertise and knowledge.

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.

This role includes the following:

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation

• Leaders who support your development through coaching and managing opportunities

• Work in a dynamic, collaborative, progressive, and high-performing team

• Opportunities to do challenging work

Job Skills

Audits Compliance, Critical Thinking, Data Gathering Analysis, Decision Making, Financial Regulation, Industry Knowledge, Interpersonal Relationship Management, Product Services, Risk Management, Strategic Thinking

Additional Job Details

MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGAMISSISSAUGACanada37.5Full timeCHIEF LEGAL & ADMIN OFFICE GRPRegularSalaried2025-06-112025-06-27

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.