Compliance Testing Manager

RBC; Jersey City (NJ); Hybrid; USD 110,000 - 190,000; Full time

Job summary

An established industry player is seeking a Compliance Testing Manager to oversee the U.S. Compliance Testing Program. In this pivotal role, you will manage the testing process, ensuring quality and consistency while coordinating with internal stakeholders. Your expertise in compliance and internal audit will be crucial as you escalate high-risk issues and provide training to enhance team performance. Join a forward-thinking company that values diversity and fosters a high-performance culture, where your contributions will help shape the future of regulatory compliance.

Benefits

401(k) Plan

Health Insurance

Dental Insurance

Vision Insurance

Paid Time Off

Discretionary Bonuses

Qualifications

• 5-7 years’ experience in Compliance testing or regulatory roles.
• Knowledge of FRBNY and OCC rules and regulations.

Responsibilities

• Manage testers during execution of the Compliance Test Plan.
• Drive quality and consistency across the Compliance Testing function.

Skills

Compliance Testing

Internal Audit

Regulatory Compliance

Communication Skills

Critical Thinking

Risk Management

Job description

Job Summary

Job Description

What is the Opportunity?

Responsible for managing the completion of testing reviews for the U.S. Compliance Testing Program, a critical element of the U.S. Regulatory Compliance Management framework for CUSO/IHC. Will also oversee the production of quality final testing reports and workpapers that thoroughly document reviews.

What will you do?

• Manage testers during the execution of the annual Compliance Test Plan, resulting in detailed reports documenting findings.
• Drive quality and consistency across the Compliance Testing function.
• Coordinate testing schedules with internal stakeholders, including Internal Audit and others as appropriate.
• Escalate high-risk issues to the Head of Compliance Testing and senior management.
• Ensure consistent application of issue ratings.
• Oversee the issue validation process, ensuring corrective actions are taken and issues are satisfactorily remediated.
• Assist with reporting governance metrics, including progress and change management.
• Identify opportunities and lead initiatives to enhance the Program.
• Participate in the annual test plan development, reviewing risk assessments and providing insights based on testing and environmental understanding.
• Provide training to upskill testers, including formal and on-the-job training.
• Participate in the annual performance evaluations by providing feedback on tester performance and improvement opportunities.

Time Allocation (%)

• Test Execution – 80%
• Test Plan Governance – 10%
• Testing Program Governance – 10%

What do you need to succeed?

• 5-7 years’ experience in Compliance testing, branch inspection, Internal Audit, or regulatory roles within financial services.
• Knowledge of FRBNY and OCC rules and regulations.
• Experience with consumer regulations, retail banking, lending.
• Experience working in a highly matrixed environment.
• Excellent communication, presentation, organizational, collaboration, and team-building skills.

Salary Ranges by Location:

Los Angeles and Jersey City: $110,000-190,000, depending on experience and market conditions.

Minneapolis and Wilmington: $85,000-150,000, depending on experience and market conditions.

Additional compensation elements include discretionary bonuses, benefits like 401(k), health, dental, vision, life, disability insurance, and paid time off.

RBC’s compensation philosophy emphasizes attracting, engaging, and retaining talented individuals to foster a high-performance culture, achieve strategic goals, and generate shareholder value.

#LI – Hybrid

#LI – POST

Job Skills

Audits Compliance, Capital Markets (Trading), Compliance Requirements, Compliance Testing, Critical Thinking, Currency Trading, Debt Capital Markets, Debt Origination, Equity Capital Markets, Exchange Rates, Financial Services Regulatory Compliance, FINRA Regulations, Fixed-Income Markets, Fixed Income Products, Fixed Income Risk, Fixed Income Trading, Informed Decision Making, Interest Rate Trading, Interpersonal Relationship Management, Market Trading, Risk Management, Strategic Thinking, US Markets, Volcker Rule

Additional Job Details

Address: GOLDMAN SACHS TOWER, 30 HUDSON STREET, JERSEY CITY

City: Jersey City

Country: United States of America

Work hours/week: 40

Employment Type: Full-time

Platform: CHIEF LEGAL & ADMIN OFFICE GRP

Job Type: Regular

Pay Type: Salaried

Posted Date: 2025-04-30

Application Deadline: 2025-05-30

Note: Applications will be accepted until 11:59 PM on the day prior to the deadline.

Inclusion and Equal Opportunity Employment

At RBC, we value an inclusive workplace with diverse perspectives, supporting employees to perform their best, collaborate effectively, and grow professionally. We are committed to policies that foster respect, belonging, and opportunity for all.

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