At a Glance
- Tasks: Lead data analysis and reporting to ensure clients receive excellent outcomes.
- Company: Join RBC Wealth Management, a leader in wealth management services.
- Benefits: Enjoy competitive pay, bonuses, flexible benefits, and career development opportunities.
- Other info: Collaborative environment with opportunities for growth and making a difference.
- Why this job: Make a real impact in a dynamic team focused on client success and innovation.
- Qualifications: Experience in reporting, strong analytical skills, and proficiency in Excel and PowerPoint.
The predicted salary is between 56700 - 69300 £ per year.
We are offering an exciting opportunity to join RBC Wealth Management Europe (WME) as Business Risk Analyst in our dedicated Consumer Duty & Product Governance Team. At the heart of our efforts to evidence that our clients receive good outcomes, you will lead the quarterly analysis of Consumer Duty metrics, produce management reports, streamline reporting processes to drive efficiency, and lead ad-hoc pieces of analysis.
RBC WME is a leading provider of wealth management, specialising in helping clients (including individuals, charities, and pension funds) protect and grow their wealth. Our services encompass discretionary investment management, financial planning, and banking and credit solutions.
The Consumer Duty & Product Governance Team and the wider WME Business Risk function bridge business goals with risk governance discipline, providing oversight, constructive challenge, and enablement across WME business domains. You will bring an analytical mindset, data proficiency, innovation, and passion to drive robust risk culture and advance digital-enabled efficiency through the latest technology and AI.
This is a permanent, full-time role (5 days - 35 hours per week) and requires a minimum of 4 days working from our London office.
What will you do?
- Undertake data-driven analysis to support day-to-day identification, assessment, and monitoring of risks.
- Prepare presentations and data analysis for risk committees, reviews, and initiatives.
- Drive continuous improvement by developing and implementing innovative processes, procedures, and controls.
- Drive innovation to improve efficiency, consistency, and productivity.
- Respond to ad-hoc requests and maintain comprehensive procedural documentation to keep our operations running smoothly.
- Collaborate with subject matter experts to elevate collective performance for client and RBC success.
- Build trust across WME business domains and provide consultancy across risk management activities.
- Demonstrate RBC Values (Client First, Integrity, Collaboration, Respect, and Excellence) in daily behaviours.
Consumer Duty Reporting
- Coordinate with data and action owners to produce seamless, accurate and timely Consumer Duty Management Information.
- Collaborate with stakeholders to define, maintain, and agree Consumer Duty reporting standards.
- Support the embedding of Consumer Duty principles across the business, offering guidance and support to strengthen our governance framework.
What do you need to succeed?
Must-have
- Proven experience in reporting and producing management information with strong technical skills in Microsoft Excel, PowerPoint, and Word.
- Experience in financial services, preferably wealth management, Consumer Duty reporting or risk management.
- Solid understanding of risk awareness and mitigation.
- Strong data, analytical and problem-solving skills with the ability to generate creative solutions from information.
- Strong attention to detail.
Nice-to-have
- Familiarity with Consumer Duty and regulatory responsibilities.
- Experience with data visualisation tools (e.g. Power BI, Tableau).
- Ability to synthesise diverse perspectives with a business orientation to leverage technology for improved client experience, process simplification, increased capacity, or cost reduction.
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. Our clients care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
- A comprehensive Total Rewards Programme including performance-based bonuses, flexible benefits, and competitive compensation.
- 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.
Senior Associate - Consumer Duty in London employer: RBC
RBC is an excellent employer, offering a dynamic work environment in London that fosters professional growth and collaboration within a high-performing team. Employees benefit from a competitive compensation package, comprehensive development opportunities, and the chance to work on innovative projects like the ATOM application, making it a rewarding place for those passionate about finance and technology.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Associate - Consumer Duty in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like RBC. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Associate - Consumer Duty in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to RBC.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on RBC's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at RBC
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with RBC.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at RBC will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former RBC employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
