Global Markets Supervision Associate

RBC

New York (NY)

On-site

USD 99,000 - 165,000

Full time

14 days+

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Benefits offered by this job

Total Rewards Program

Coaching & development

Make a difference

Dynamic, high-performing team

Challenging work

Client relationships

Job summary

RBC seeks a professional to support the Supervisory Framework for US Global Markets, ensuring robust oversight and a strong control framework. You will build fixed income domain knowledge, engage with sales/trading and senior management, and review activity for regulatory and policy compliance.

Responsibilities include real-time corrective actions, maintaining procedures, and communicating risk insights to leadership.

Qualifications

BA, MA or equivalent with an understanding of Capital Markets.
3+ years of experience in a relevant financial services role.
Series 7, 63, 24 – must obtain upon joining.

Responsibilities

Support the Supervisory Framework of US Global Markets to achieve best in class supervisory oversight and robust control framework.
Develop business and product expertise with a focus on fixed income asset classes to build relationships with sales/trading teams and Senior Management.
Perform reviews of trading activity and other business activities to identify policy violations, conflicts of interest, or regulatory concerns.
Provide real-time corrective actions and resolutions to trading anomalies in compliance with applicable laws, rules, and Firm policies.
Maintain Front Office desk procedures and Written Supervisory Procedures for Global Markets Desk and Business Heads.
Provide senior leaders and fixed income professionals with insights on key risks and regulatory understanding.

Skills

Adaptability

Critical Thinking

Detail-Oriented

Investments Analysis

Personal Development

Personal Initiative

Teamwork

Education

BA/MA or equivalent with understanding of Capital Markets

Job description

Job Description

Responsible for supporting the Supervisory Framework of US Global Markets to achieve best in class supervisory oversight processes and a robust control framework

What is the Opportunity?

Responsible for supporting the Supervisory Framework of US Global Markets to achieve best in class supervisory oversight processes and a robust control framework

What will you do?

Responsible for supporting the Supervisory Framework of US Global Markets to achieve best in class supervisory oversight processes and a robust control framework
Develop business and product expertise with a focus on fixed income asset classes to build and strengthen relationships with the sales and trading teams and Senior Management
Responsible for performing reviews of trading activity and other business activities as a delegate for the US Fixed Income Business Heads to identify potential policy violations, conflicts of interest, or regulatory concerns
Provide real-time ad-hoc corrective actions and resolutions to trading anomalies consistent with all applicable regulatory laws, rules and procedures as well as all applicable Firm policies and procedures
Maintain Front Office desk procedures and Written Supervisory Procedures on behalf of Global Markets Desk and Business Heads
Accountable for providing senior leaders, as well as fixed income professionals within each asset class, appropriate levels of insight to ensure awareness of key risks and proper understanding of the rules, regulations and policies
Provide targeted training to front office sales and trading employees and Supervisors on general supervisory topics or specific regulatory rules, as needed
Identify opportunities to enhance supervision processes, tools, and controls, in partnership with key technology people and teams
Partner with Compliance Monitoring, Internal Audit, and Regulatory Inquiries teams to respond to regulatory requests for information and support internal testing functions in control testing, enabling assurance that controls are operating effectively and the early identification and remediation of control gaps
Stay apprised of regulatory rule changes, industry trends, and Firm policy changes
Lead special projects as required by senior management
Proactively identify operational risk and control deficiencies in the business and assist in developing solutions and risk mitigating controls
Escalate operational risk events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions promptly

What do you need to succeed?

BA, MA or equivalent with an understanding of Capital Markets
3 plus years of experience in a relevant financial services role
Series 7, 63, 24 – must obtain upon joining
Strong written and oral communication skills
Excellent organizational skills and ability to multi-task
Ability to work in a fast-paced environment and effectively prioritize

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.

A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
Leaders who support your development through coaching and managing opportunities
Ability to make a difference and lasting impact
Work in a dynamic, collaborative, progressive, and high-performing team
Opportunities to do challenging work
Opportunities to building close relationships with clients

The good-faith expected salary range for the above position is $165,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs.This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that: