At a Glance
- Tasks: Manage regulatory compliance and risk for our Wealth Management Europe team.
- Company: Join RBC, a leading global bank with a focus on client success.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunity for career growth and to work with industry leaders.
- Why this job: Make a real impact in a dynamic and collaborative team.
- Qualifications: Experience in wealth management and strong project management skills required.
The predicted salary is between 60000 - 80000 £ per year.
The Chief Administration Office (CAO) supports the Wealth Management Europe (WME) business lines through three core principles: Protect, Sustain, and Grow.
We are seeking a Regulatory and Risk Manager to join the CAO on a 12 Month FTC to cover maternity leave. The role supports the organisation on regulatory matters impacting the Client Facing Teams (CFT), including horizon scanning to assess impact on CFTs and clients, and implementing regulatory changes. The role holder drives compliance with policies by assessing policy changes during consultation, deploying policies, identifying new requirements, and ensuring clear communication and understanding across CFTs.
What will you do?
- Support the wider Client Controls team and Head of Function with regards to operational risk, Compliance Monitoring / Financial Crime actions / Controls / RCSAs, operational resilience, data privacy, data security related matters and other new regulations.
- Manage Fraud Working Group issues to improve the bank's processes and controls and support CFTs with live fraud cases.
- Coordinate 1099b forms and process – coordinating communications, client outreach and tracking outcomes.
- Manage conflict-of-interest submissions.
- Own documents in the Client Literature Forum.
- Support implementation of Policy changes / adoption of Policies (working with Compliance).
- Support the HMRC Audit, or other audits related to a regulatory lens.
- Provide DSAR support.
- Produce MI & Reports.
- Support with any impact arising from changes to Organisational setup impacting Senior Managers related to SMCR responsibilities.
- Escalate critical risks ahead of time and propose options to resolve and mitigate risk.
What do you need to succeed?
- Experience of working in similar roles for a wealth management firm.
- In-depth understanding of the implications of adherence to regulation and policy and able to evidence experience of embedding this in a similar firm.
- Proven project management skills; well organised and able to deliver good outcomes for clients and colleagues.
- Experienced and competent at managing business projects and coordinating business initiatives in a structured manner.
- Numerate and able to define MI fit for purpose.
- Comfortable interacting with people at all levels of the organisation and challenging demands, if necessary.
- Excellent attention to detail, taking pride in high quality output.
- Able to focus on priorities and follow tasks through to completion.
Nice to have:
- Relevant professional qualifications.
What is 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.
- Leaders who support your development through coaching and managing opportunities.
- Opportunities to work with the best in the field.
- Ability to make a difference and lasting impact.
- Work in a dynamic, collaborative, progressive, and high-performing team.
Regulatory and Risk Manager - 12 Month Fixed Term Contract, Wealth Management Europe employer: RBC Brewin Dolphin
RBC is an exceptional employer that prioritises employee growth and development within a dynamic and collaborative work culture. Located in the heart of London, we offer our team members the opportunity to work alongside industry leaders while making a meaningful impact on clients and communities. With a strong commitment to inclusivity and respect, we ensure that every employee feels valued and empowered to reach their full potential.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory and Risk Manager - 12 Month Fixed Term Contract, Wealth Management Europe
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you stand out and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your responses to common interview questions. Use the STAR method (Situation, Task, Action, Result) to structure your answers. This will help you articulate your experiences clearly and effectively.
✨Tip Number 4
Don’t forget to follow up after your interview! A simple thank-you email can go a long way in leaving a positive impression. Plus, it shows your enthusiasm for the role and keeps you on their radar.
We think you need these skills to ace Regulatory and Risk Manager - 12 Month Fixed Term Contract, Wealth Management Europe
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in regulatory matters and risk management. We want to see how your skills align with the role, so don’t hold back on showcasing your relevant achievements!
Showcase Your Project Management Skills:Since this role involves managing business projects, it’s crucial to demonstrate your project management experience. Share specific examples of how you've successfully coordinated initiatives in the past – we love a good success story!
Be Detail-Oriented:Attention to detail is key in this role, especially when it comes to compliance and policy changes. Make sure your application is free from typos and clearly structured. We appreciate high-quality output just as much as you do!
Apply Through Our Website:We encourage you to apply directly through our website for the best chance of being noticed. It’s the easiest way for us to keep track of your application and ensure it gets into the right hands!
How to prepare for a job interview at RBC Brewin Dolphin
✨Know Your Regulations
Make sure you brush up on the latest regulations and policies relevant to wealth management. Understanding how these impact client-facing teams will show that you're not just familiar with the role, but also proactive about compliance.
✨Showcase Your Project Management Skills
Prepare examples of past projects where you've successfully managed compliance or operational risk. Highlight your organisational skills and how you delivered positive outcomes, as this is crucial for the role.
✨Communicate Clearly
Practice articulating complex regulatory concepts in simple terms. Being able to communicate effectively with various stakeholders is key, so think of ways to demonstrate your ability to engage with different levels of the organisation.
✨Prepare for Scenario Questions
Expect questions that ask how you'd handle specific regulatory challenges or conflicts of interest. Think through potential scenarios and how you would approach them, showcasing your problem-solving skills and attention to detail.
