At a Glance
- Tasks: Support risk management and enhance processes in a dynamic team environment.
- Company: Join RBC, a leading global bank with a focus on collaboration and innovation.
- Benefits: Competitive salary, professional development, and flexible remote work options.
- Other info: Work in a supportive, high-performing team with opportunities for personal growth.
- Why this job: Make a real impact in risk management while growing your career in finance.
- Qualifications: Experience in risk and controls, strong analytical skills, and effective communication.
The predicted salary is between 40000 - 50000 £ per year.
We have an exciting opportunity for a Client Controls Associate to join our Chief Administration Office in either our Newcastle or London office. The Client Controls Associate reports to the Client Controls Manager and is part of the Front Office Risk Governance and Business Management team in CAO. The team plays a key role in supporting client-facing teams by identifying business risks, operating events and regulatory triggers which could have an impact on the operation of the Front Office and Client Risk.
The team is responsible for aligning and maintaining the standards set across WME related to the management of digital Risk and Controls Self Assessments (RCSA’s), Regulatory Compliance Management (RCM) framework and annual attestation as well as the regular maintenance of the Front Office Controls Register. The team is also expected to support investigations related to emerging risks and manage a framework to govern business changes against the expectations set by the RBC Risk Taxonomy and compensating controls. In addition, the role holder is also responsible as a product owner for Front Office Fees, which relates to the ongoing oversight and support needed to maintain BAU from a Fees tooling perspective and includes the management of the Fee Anomalies, FIT tool (FIF/A support as required), Fee Bots and comparison tools.
The Associate is also expected to attend the relevant governance forums and committees which requires a Fees product owner to represent oversight of the status, risks and actions. RBC’s expectation is that all employees and contractors will work in the office with some flexibility to work up to 1 day per week remotely.
What will you do?
- Support execution of the Operational Risk Framework for RBC BD Front Office, including Risk and Control Assessments (RCSAs) at risk and process levels.
- Support the identification and development of process enhancements (including control enhancements) and development of smarter process outcomes.
- Support product owner for CFT Fees, including the management of Fee Anomalies, Fee Instruction Tool (FIT) and support for FIF/A (as necessary till retiring the tool) as well as oversight and proactive management of Fee related tools (Fee bots, comparison tools, etc).
- Manage the mapping of key & non-key controls to the regulatory risk themes and support Regulatory Compliance with the annual risk questionnaire calculation to develop the regulatory risk assessment for CFT.
- Produce and monitor effective and detailed Management Information and other key metrics data, as required.
- Organisation and delivery of targeted training for Client Facing Teams across multiple office locations, where required.
- Deliver monthly and quarterly attestation as required (i.e. Fee anomalies, FSCS attestations).
- Continual review of controls framework to ensure that controls are appropriate for the risk area.
- Assist internal and external auditors, provide support in process walkthroughs and source evidence as required.
- Support the Head of Function with regards to Compliance Monitoring / Financial Crime actions / data privacy, data security and Conflicts of Interest related matters and other new regulations.
- Deliver regular management reporting and clear insight on the effectiveness of implemented solutions of selected end-to-end complex Client Facing processes, including the preparation of meeting materials and artefacts.
What do you need to succeed?
- Experience working in a similar industry and are keen to progress in the risk and controls area across the Front Office.
- A strong understanding of risk and effective controls.
- Ability to communicate with colleagues and develop and maintain effective working relationships at senior levels.
- Strong analytical and problem-solving skills.
Nice-to-have
- Able to take the lead on initiatives and drive solutions.
- Intellectual curiosity with desire for self-improvement.
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. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual. 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.
Client Controls Business Associate in London employer: Royal Bank of Canada
At RBC Wealth Management Europe, we pride ourselves on being an exceptional employer, offering a dynamic and collaborative work environment in London and the South East. Our commitment to employee growth is evident through our comprehensive Total Rewards Program, which includes competitive compensation, bonuses, and flexible benefits, alongside opportunities for professional development and coaching from experienced leaders. Join us to make a meaningful impact while working with a talented team dedicated to delivering tailored financial solutions to our clients.
StudySmarter Expert Advice🤫
We think this is how you could land Client Controls Business Associate 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 Royal Bank of Canada. 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 Client Controls Business Associate 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 Royal Bank of Canada.
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 Royal Bank of Canada'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 Royal Bank of Canada
✨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 Royal Bank of Canada.
✨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 Royal Bank of Canada 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 Royal Bank of Canada 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.
