Compliance Specialist Senior Wealth Management (Fintech)

Location: In office in New York, Los Angeles, Charlotte, or Minneapolis, United States

Salary: $85,000–$145,000 per year for the New York City location, plus eligibility for bonus and/or commissions.

Company

Established in 1954, the bank provides financial services and operates as a subsidiary of Royal Bank of Canada.

What you will do

• Establish, implement, monitor, and enhance compliance programs for wealth management products.
• Analyze and escalate compliance issues related to OCC requirements for Retail Non-Deposit Investment Products, Regulation R, and ERISA.
• Advise internal stakeholders on operational compliance matters and regulatory interpretations.
• Oversee timely remediation within the bank and RBC testing program.
• Identify improvements to compliance policies, procedures, and operational processes.
• Prepare annual and ongoing compliance reports for executive management and the board of directors.

Requirements

• Bachelor’s degree or equivalent.
• At least five years of experience in bank operations and/or compliance operations.
• At least five years of experience with risk management and/or compliance policies and procedures.
• Knowledge of banking laws and regulations, branch operations, client relationships, risk management, and back-office processes.
• Experience with a broker/dealer or registered investment adviser and within a compliance investment management role.
• Strong communication, leadership, organization, time management, and Microsoft Office skills.

Nice to have

• FINRA Series 7 and/or Series 24.
• Certified Compliance Risk Manager certification for banking compliance roles.
• Experience interacting with regulatory agencies, including exam management and regulatory affairs.

Culture & Benefits

• Medical, dental, and vision coverage available from the first month following the start date.
• Company-matched 401(k) contributions.
• Tuition reimbursement and internal training and upskilling resources.
• Vacation, sick, and volunteer time benefits.
• Health and family planning support programs, including fertility benefits.
• Career mobility support and colleague resource groups.