At a Glance
- Tasks: Manage regulatory compliance and risk for Wealth Management, ensuring smooth operations and client satisfaction.
- Company: Join RBC, a leading global bank with a commitment to innovation and community impact.
- Benefits: Enjoy competitive salary, professional development, and a supportive team environment.
- Other info: Collaborative culture focused on personal growth and community success.
- Why this job: Make a real difference in the financial sector while growing your career in a dynamic team.
- Qualifications: Experience in wealth management and strong project management skills are essential.
The predicted salary is between 60000 - 75000 £ 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 & Risk Manager (12‑Month FTC) — Wealth Management employer: RBC Brewin Dolphin
RBC is an exceptional employer that prioritises employee growth and development within a dynamic and collaborative work environment. With a strong commitment to inclusivity and respect, employees are empowered to thrive while making a meaningful impact in the wealth management sector. Located in the heart of London, RBC offers unique opportunities to work alongside industry leaders, ensuring that every team member can contribute to delivering trusted advice and achieving mutual success.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory & Risk Manager (12‑Month FTC) — Wealth Management
✨Tip Number 1
Network like a pro! Reach out to your connections in the wealth management sector and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a role that’s perfect for you.
✨Tip Number 2
Prepare for interviews by researching the company and its values. Understand their approach to regulatory compliance and risk management, so you can showcase how your experience aligns with their needs. We want you to shine!
✨Tip Number 3
Practice your responses to common interview questions, especially those related to operational risk and compliance. Being articulate about your past experiences will help you stand out as a strong candidate.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team at RBC.
We think you need these skills to ace Regulatory & Risk Manager (12‑Month FTC) — Wealth Management
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Regulatory & Risk Manager role. Highlight your experience in wealth management and any relevant regulatory knowledge. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of how you've managed compliance or risk in previous positions. We love a good story!
Showcase Your Project Management Skills:Since project management is key for this role, make sure to highlight your organisational skills and any successful projects you've led. We want to know how you can deliver great outcomes for our clients and colleagues.
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!
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 outcomes and operational risk will show that you're not just familiar with the role, but also proactive about compliance.
✨Showcase Your Project Management Skills
Be ready to discuss specific projects you've managed in the past. Highlight your organisational skills and how you delivered positive outcomes for clients and colleagues. Use examples that demonstrate your ability to coordinate initiatives effectively.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle real-life situations, such as managing fraud cases or implementing policy changes. Think through your responses ahead of time, focusing on your problem-solving skills and attention to detail.
✨Engage with the Interviewers
Don’t hesitate to ask questions during the interview. Engaging with the interviewers shows your interest in the role and helps you understand the company culture better. Ask about their approach to client-facing teams and how they measure success.
