Senior Director, Regulatory Reporting (Canada)

apartmentRoyal Bank of Canada placeToronto calendar_month 

Job Summary

Job Description

What is the opportunity?

For forward-thinking and results focused leaders, this is an opportunity to join the Financial and Regulatory Reporting (FRR) team at RBC, Canada’s largest bank. Frequently ranked as one of the top companies to work for in Canada, RBC is recognized for its commitment to innovation, diversity, customer satisfaction and corporate social responsibility.

Reporting to the Vice President, FRR, the Senior Director (SD) Regulatory Reporting is a key leader in the Enterprise Controllers Group. This SD is accountable for managing the Canadian regulatory financial reporting responsibilities, establishing best practices in CFO Group’s control framework in collaboration with various Finance and functional teams, and support senior leaders across CFO group and the RBC Enterprise.

You will be part of a collaborative team culture that strives to challenge ourselves to be our best, think progressively, and work together to deliver collective results.

This role will appeal to individuals who want to work in a fast-paced area that has significant visibility and a high profile across RBC, who have an appetite for personal growth while working in a forward looking and innovative environment, and who also thrive on challenges to make a real difference with lasting impact.

What will you do?

Lead a talented and motivated team responsible for RBC’s Regulatory Financial Reporting in Canada, establish and maintain an effective financial control environment, provide analysis and insights for senior management across RBC. This role is:

  • Accountable for the accurate and timely filings of financial information for our Canadian Regulators including OSFI, Bank of Canada and Canadian Deposit Insurance Corporation (CDIC).
  • Accountable to centralize regulatory reporting for Canadian Regulators from across RBC finance teams to FRR; standardize business process, conform and automate as appropriate.
  • Accountable to establish and maintain an effective financial control environment, including operating guidelines and a RACI collaboration framework for effective partnership with businesses, platform and legal entity controllers.
  • Responsible for managing and enabling related critical data feeds from financial systems, establish critical data IT controls. Ensure smooth operations and continuous improvement of data infrastructure to maximize efficiency and enhancing value-added capabilities.
  • Responsible for research and to provide technical guidance on regulatory filing specifics and interpretation; seek guidance from regulators and/or collaborate with other applicable member institutions as appropriate.
  • Responsible for addressing specific technical queries raised by RBC stakeholders. This includes communication to senior management through issue life cycle: identification, recommendation, implementation, and monitoring.
  • Accountable for external regulatory audits, reviews and examinations.
  • Lead and mentor the regulatory reporting team, ensuring team’s professional development, skill enhancement and goal achievement.
  • Foster collaboration and high performance with key stakeholders including platform financial control teams, IT, Group Risk Management, Accounting Policy Group, Tax, Capital and other Enterprise Controllers Group partners, striving to be a center of knowledge and excellence with accountability in resolving all regulatory reporting matters in Canada.

What do you need to succeed?

Must-have
  • CPA designation or equivalent, with 15+ years of experience. Regulatory reporting experience is preferred.
  • Excellent leadership and interpersonal skills with a strong ability to influence stakeholders and mobilize cross-functional groups to deliver on common goals; Strong team and people management skills
  • Able to consistently exercise independent thought and adapt to new circumstances quickly
  • Excellent attention to details and can explain complex issues in a concise and meaningful manner.
  • Curiosity to explore better ways of working and motivating the team while maintaining a strong control and governance mindset, accompanied by a drive to take ownership for and resolve issues with a sense of urgency.
  • Superior organizational skills and ability to multitask.
Nice-to-have
  • Excellent project management skills
  • Experience and understanding of RBCs businesses and transactions, and associated risks & returns.

Job Skills

Audits Compliance, Communication, Critical Thinking, Detail-Oriented, Financial Reporting and Analysis, Industry Knowledge, Internal Controls, Knowledge Organization, Organizational Change Management, Team Management

Additional Job Details

Address:

RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

  1. 5

Employment Type:

Full time

Platform:

OFFICE OF THE CFO

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-03-17

Application Deadline:

2025-04-02

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.

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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.

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