Managing Director, Global Head of Control Room

RBC Capital Markets, LLC; Jersey City, Providence (NJ, RI); On-site; USD 200,000 - 350,000; Full time

Job summary

An established industry player is seeking a strategic leader for the role of Managing Director - Global Head of Control Room, focusing on compliance and regulatory oversight in investment banking. This pivotal position involves directing global compliance initiatives, managing conflicts of interest, and ensuring adherence to regulations across multiple regions. The ideal candidate will possess extensive experience in banking compliance and a strong understanding of regulatory frameworks. Join a dynamic team where your expertise will shape the future of compliance and drive the firm's success in a rapidly evolving landscape.

Benefits

401(k) with company-matching contributions

Health insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

Paid time off

Qualifications

• 15-20+ years of experience in control room, research, and investment banking compliance.
• Expertise with global research rules and their application.
• Strong understanding of corporate and investment banking operations.

Responsibilities

• Oversee global regulatory compliance and conflicts management.
• Lead the Research Monitoring Oversight function.
• Act as a senior representative in global regulatory discussions.

Skills

Audits Compliance

Critical Thinking

Data Gathering Analysis

Decision Making

Financial Regulation

Industry Knowledge

Interpersonal Relationship Management

Product Services

Risk Management

Strategic Thinking

Education

Bachelor's Degree

Advanced Degree (JD, MBA, or Master's)

Job description

Job Summary

Job Description

What is the opportunity?

The Managing Director - Global Head of Control Room, Investment Banking, Research, and Conflicts Compliance is responsible for overseeing and enforcing information barriers, managing conflicts of interest, ensuring regulatory compliance, and upholding the integrity of the firm's investment banking and research activities. This role requires strategic leadership, regulatory expertise, and collaboration with senior business and compliance leaders to mitigate legal and reputational risks.

The role involves both direct and dotted line reporting across Toronto, the U.S., London, and APAC region.

What will you do?

Control Room, Conflicts Office, Banking, and Research Compliance Leadership ("Private-Side Business Activities and Functions")

• Provide senior-level global regulatory advice and guidance on all aspects of Control Room matters, including conflicts of interest, banking, research, and information barrier frameworks.
• Set global strategic priorities and annual objectives for Private-Side Business Functions
• Oversee and drive the strategic direction of the Conflicts Office, ensuring effective management of real or perceived conflicts arising from the firm's client engagements.
• Lead the Research Monitoring Oversight function, ensuring robust oversight of interactions between Investment Banking and Research, including the vetted calls process, and chaperoning or monitoring of meetings.
• Oversee technology applications supporting all specified programs, requiring engagement with Technology partners and vendors to manage process enhancements, budget allocation, and system performance across the Control Room.
• Act as the key relationship manager with senior business leaders, providing advisory support on complex regulatory and conflicts matters.

Conflicts Management & Information Barriers

• Oversee the firm's global conflicts management framework, ensuring the identification, assessment, and mitigation of potential conflicts of interest.
• Manage deal review processes, ensuring appropriate governance over client commitments that could result in conflicts between clients, or employees.
• Maintain and enhance the firm's Global Information Barriers framework, ensuring proper segregation and access controls of private-side and public-side activities.

Research Compliance & Monitoring Oversight

• Ensure compliance with global regulations governing research, including independence, disclosure, and conflicts management.
• Oversee the firm's Research Monitoring Oversight framework, ensuring effective controls over investment banking and research interactions.
• Manage and enforce policies on vetted calls, chaperoning, and other controls to uphold regulatory and ethical standards.
• Lead compliance initiatives to monitor for adherence to compliance policies, ensuring global consistency and effectiveness.

Regulatory Oversight & Risk Management

• Act as a senior representative in global regulatory discussions, ensuring the firm remains ahead of evolving compliance expectations.
• Oversee or participate in applicable investigations, regulatory inquiries, audits, and interactions with key regulators such as the CIRO, SEC, FINRA, and FCA.
• Implement compliance monitoring programs, including surveillance and risk assessments to ensure policy effectiveness.
• Stay abreast of emerging regulatory trends, advising senior leadership on strategic responses to new compliance requirements.

Leadership & Global Compliance Initiatives

• Represent Compliance on key global management and oversight committees.
• Oversee best practices and policy development across Global Information Barriers, Research, Personal Trading, and Conflicts policies.
• Lead and contribute to global compliance projects and initiatives, ensuring alignment with industry standards and regulatory developments.
• Mentor and manage a high-performing global compliance team, fostering a strong risk and compliance culture.

What You Need to Succeed?

• Bachelor's Degree
• 15-20+ or more years of experience in control room, research and investment banking compliance including Equity Capital Markets.
• Expertise with global research rules (including safe harbors), their application, and the research settlement.
• Experience handling complex investment banking and research matters
• Strong understanding of corporate banking, investment banking, and research operations across multiple regions

Preferred:

• An advanced degree (JD, MBA, or Master's)
• Proficiency in drafting clear and technically precise regulatory guidance, policies, and procedures.
• Strong ability to communicate regulatory matters effectively to key stakeholders.
• Experience in supporting ad hoc internal regulatory investigations.

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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
• 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 build close relationships with clients.

The expected salary range for this particular position is $200,000-350,000, depending on your experience, skills, and registration status, market conditions and business needs.

You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

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:

• Drives RBC's high-performance culture
• Enables collective achievement of our strategic goals
• Generates sustainable shareholder returns and above market shareholder value

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

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:

2025-04-07

Application Deadline:

2025-05-30

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.

Join our Talent Community

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.