Senior Compliance Testing Officer

Company	Royal Bank of Canada
Location	Los Angeles, CA, USA, New York, NY, USA, Minneapolis, MN, USA, Wilmington, DE, USA
Salary	$65000 – $135000
Type	Full-Time
Degrees
Experience Level	Senior

5+ years’ experience in the financial services industry specifically in Compliance Testing, Internal Audit or at a financial institutions regulatory agency
Proficiency in compliance testing methodologies and/or audit experience
Proficiency in applicable FINRA, SEC, MSRB, FRBNY, CFPB and OCC rules and regulations in the area of coverage
Experience with operating in a highly matrixed environment.

Conduct testing across the Combined U.S. Operations (CUSO)/Intermediate Holding Company (IHC), inclusive of the testing of controls and adherence to regulatory requirements
Perform research on regulatory requirements and business controls to determine optimal approach to testing while employing a risk-based approach
Lead reviews and guide other testers, but may also assist other team members with completing reviews and/or portions of testing
Document conclusions of testing, including detailed workpapers as well as written reports documenting conclusions and findings
Assist with the reporting of the status of reviews in support of Test Plan Governance, including progress to plan reporting and change management
Provide ideas for the enhancement of the Program by leveraging Compliance Advisory team members, Compliance Practices and Assurance team members, Business Partners, and industry research
Responsible for assessing issues and advising on ratings, root causes, etc., and effectively communicating to Line of Business and compliance partners to obtain agreement
Responsible for escalating high risk issues found to senior management
Responsible for issue entry to CALMA and RegComp and oversight that corrective action has been taken and issues satisfactorily remediated

No preferred qualifications provided.