Time type: Full time
Posted on: Posted Yesterday
Time left to apply: End Date: December 27, 2024 (30+ days left to apply)
Job requisition id: R-0000106253
Job Summary
Oversees day-to-day operations of the corporation's comprehensive compliance function and ensures consistency in approach to and compliance with internal business process rules and external regulations. Typically manages 2 or more specialized departments comprised of supervisors, managers, professionals, and/or large numbers of operational support employees.
Job Description
As part of the Chief Legal and Administrative Officer Group, Regulatory Compliance provides independent control and oversight of the management of RBC's regulatory compliance risks and controls, as it relates to laws, regulations and regulatory expectations relevant to the activities of RBC and subsidiaries in the jurisdictions in which they operate.
With the RBC Shared Services Malaysia (SSM) footprint expanding and a number of new onshore Compliance teams proposing to have activities performed from Malaysia over the coming months, the RBC Compliance function has approved the creation of this new Head of Compliance, Malaysia position. This role, reporting to the Head of Compliance Central Services, APAC will be responsible for:
Assessing and evolving the CCS Malaysia support/oversight model (e.g. via additional recruitment, where required) to ensure new Compliance activities can be effectively supported from both a Compliance Centre of Excellence (Coe) and CCS Malaysia perspective.
Assessing and embedding any new Malaysia Compliance controls and oversight arrangements (e.g. restricted access; oversight/monitoring) required to satisfy onshore Regulatory and/or RBC Compliance policy requirements/expectations.
Assessing and evolving the Malaysia CoE resource model (recruitment; cross-skilling; restructuring) to enable the effective take-up of new activities.
Working with the APAC Business Transformation Group (BTG) to secure additional floor space/seating (where required) and to agree budgets, transits and the cost reassignment methodology.
Leading on the recruitment and onboarding of employees required to fulfill new Service Level Agreements, including new team leaders where required.
Assessing and evolving Malaysia CoE Compliance controls & oversight arrangements (where necessary) to satisfy any new Compliance-specific onshore requirements/expectations/conditions.
Supporting onshore regulatory or audit requests/questions relating to Compliance owned activities offshored to Malaysia.
Promptly providing supporting data to enable Onshore Compliance Activity owners to fulfill their oversight responsibilities (e.g. information relating to risk assessment refreshes; the ongoing status of KPIs and KRIs for each activity offshored).
Job Requirements
Experience working in a similar Shared Services set-up for an international bank/financial institution
Effective communicator both verbally and in writing
Strong analytical skills
Strong attention to detail
Compliance risk management focused in outlook
Ability to multi-task
Ability and willingness to accept accountability and ownership, demonstrate initiative, work with limited direct supervision and support effective and efficient cross-unit co-operation.
Job Skills
Audits Compliance
Critical Thinking
Data Gathering Analysis
Decision Making
Financial Regulation
Industry Knowledge
Interpersonal Relationship Management
Product Services
Risk Management
Strategic Thinking
Additional Job Details
Address:PERSIARAN IRC 2, IOI RESORT CITY IOI CITY TOWER ONE:PUTRAJAYA
City:Putrajaya
Country:Malaysia
Work hours/week:40
Employment Type:Full time
Platform:CHIEF LEGAL & ADMIN OFFICE GRP
Job Type:Regular
Pay Type:Salaried
Posted Date:2024-11-22
Application Deadline:2024-12-27
Note:Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.
About UsRoyal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com.
We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.#J-18808-Ljbffr
Job Summary This role is to support RBC Asia Pacific Business Continuity Management and Operational Resilience (APAC BCM & OpRes) Head in implementing and ru...
Royal Bank Of Canada> - Malasia
Published 22 days ago
-Source and purchase materials, supplies, and equipment for the construction site. -Conduct market research and compare prices from different vendors to en...
China Communications Construction Company (M) Sdn Bhd - Malasia
Published 22 days ago
We're Hiring: HR & Admin Manager! About the company: Our client is a Chinese-invested company specialize in the design and development, manufacturing, sales ...
Peoplelake Group - Malasia
Published 20 days ago
What you will doUnderstanding project requirements and completing all duties assigned by the Supervisor.Raising concerns and making suggestions for improveme...
Nexperia - Malasia
Published 20 days ago
Built at: 2024-12-24T01:18:15.353Z