RBC

Associate Director, Financial Control & FRB/OCC Regulatory Reporting

JERSEY CITY, NJPosted 18 days ago

Job summary

  • Job post source

    This job is directly from RBC

  • Job overview

    The Associate Director, Financial Control & FRB/OCC Regulatory Reporting at RBC will lead regulatory reporting and financial control functions, ensuring accurate reporting and compliance within capital markets and wealth management.

  • Responsibilities and impact

    This role involves managing the regulatory reporting process, performing reconciliations, supporting audits, and collaborating with various internal teams to enhance reporting processes and implement new accounting standards.

  • Compensation and benefits

    The base salary is $137,114 per year, with additional compensation including a discretionary bonus and benefits such as a 401(k) plan, health insurance, and paid time off.

  • Experience and skills

    Candidates must have a Bachelor’s degree in Accounting or Finance and 6 years of relevant experience, including 2 years in regulatory reporting and 1 year using regulatory reporting software; active CPA certification is required.

  • Career development

    Opportunities for professional growth include involvement in new business initiatives and representation in project meetings related to accounting standards.

  • Work environment and culture

    RBC promotes a supportive culture focused on teamwork, service, diversity, and integrity, fostering an inclusive environment for all employees.

  • Company information

    RBC is a leading global financial institution, recognized for its commitment to client service and community support, with a strong presence in capital markets and wealth management.

  • Team overview

    The specific team dynamics and size are not detailed, but the role involves collaboration with various internal departments and external regulators.

  • Job location and travel

    The position is based in Jersey City, New Jersey, requiring full-time attendance from Monday to Friday.

  • Application process

    To apply, candidates are instructed to click the 'Apply' button provided in the job posting.

  • Unique job features

    This role distinguishes itself by its focus on regulatory compliance and financial control within a major financial institution, offering unique challenges and responsibilities.

Company overview

The Royal Bank of Canada (RBC) is a multinational financial services company and the largest bank in Canada by market capitalization. It offers a wide range of services including personal and commercial banking, wealth management, insurance, investor services, and capital markets products. RBC generates revenue through interest income, fees for services, and investment income. Founded in 1864, RBC has a significant history of growth and acquisitions, and it is known for its strong commitment to innovation and community involvement.

How to land this job

  • Tailor your resume to emphasize your experience in Federal Reserve regulatory reporting and financial control, highlighting your ability to ensure timely and accurate reporting.

  • Showcase your experience with audit processes and relationships with federal regulators, as these are critical to the role.

  • Apply through multiple platforms, including RBC's corporate site and LinkedIn, to enhance your visibility and chances of landing the position.

  • Connect with professionals in RBC's Financial Control and Regulatory Reporting division on LinkedIn, using ice breakers such as asking about their experience with recent regulatory changes or their insights on the company's culture.

  • Optimize your resume for ATS by incorporating keywords from the job description, such as 'regulatory reporting', 'financial control', and 'audit processes' to ensure it passes initial screenings.

  • Consider leveraging Jennie Johnson's Power Apply feature, which can streamline your application process, optimizing your resume and identifying the best channels to apply through.

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