Associate Director, Compliance, Trade Surveillance

What is the Opportunity?

Be a part of a global team that is responsible for developing, enhancing and maintaining the framework and methodologies relating to surveillance calibration, validation and optimization, analytics and reporting. Responsible for executing these framework elements.

What will you do?

• Execution of standards for surveillance scenario calibration, validation, optimization, analytics and reporting

• Responsible for performing scenario calibration and re-calibration employing statistical analysis and other quantitative measurements to improve the effectiveness and efficiency of surveillance alerts.

• Perform validation and effectiveness reviews of various trade surveillances that involves an assessment of business specifications, regulatory coverage, product coverage, design implementation, etc

• Coordinate with Regional Heads of Surveillance to and Regional Surveillance Leads to review quantitative output from calibrations and effectiveness reviews and to overlay qualitative elements to optimize scenarios and improve alert productivity.

• Responsible for conceiving and developing (or working with Technology develop) Surveillance metric dashboards and reporting packs for internal (Surveillance team) and external publication that involves performance, operational and risk metrics.

• Contribute to the continuous improvement of the operating model for surveillance calibration, validation, optimization, analytics and reporting.

• Identify areas of improvement based on the calibration and validation findings and other key inputs

What do you need to succeed?

• Post secondary education or equivalent work experience

• 4+ years experience performing and/or supporting surveillance activities for institutional sales and trading businesses

• Strong subject matter expertise on market abuse and strong technical knowledge of capital markets regulatory requirements

• Strong knowledge of industry best practice relating to surveillance techniques and methodology

• Experience working in a global organization with global teams across multiple regions, large and complex initiatives

• Experience and communication skills necessary to interact regularly with senior management within Compliance and the business

• Experience with effectively interacting and communicating surveillance standards and approach with internal auditors and external parties including regulators is a plus

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 build close relationships with clients

The good-faith expected salary range for the above position is $110,000 - $190,000 (New Jersey) 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:

• Drives RBC's high performance culture

• Enables collective achievement of our strategic goals

• Generates sustainable shareholder returns and above market shareholder value

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