Job Summary

Job Description

The Fixed Income Regulatory/Compliance Advisor is responsible for completing daily supervisory activities; responding to internal audits, risk related inquiries, and regulatory inquiries; and reviewing policies, procedures, and disclosures.

What will you do?

Complete daily supervision as it relates to reviewing executed trades, daily risk reports, TMS flagged trades, and Municipal fails as well as approving trader responses to internally flagged trades.Interface with various regulatory, risk, and compliance teams within RBC Wealth Management and RBC Capital Markets.Review TRACE and RTRS results.Assist with regulatory inquiries and audits, supporting fixed income management in research.Oversee implementation of regulatory rule changes.Respond to internal audit requests and oversee the development and implementation of all findings.Maintain fixed income policy and procedure library. Periodically review and update policies, procedures, and disclosures.Identify structural and technological changes in the fixed income market that could affect best execution.Communicate and educate traders on policies, procedures, regulations, regulatory changes, risk, and potential problems.

What do you need to succeed?

Must-have

3+ years of fixed income and/or compliance experience.Series 7, 63/66 or ability to obtain within 6 months. Candidate is expected to acquire additional supervisory licenses (24, 52, 53).

Nice-to-have

Bachelor's Degree, or the ability to demonstrate experience or academic achievement in related fields such as Economics, Finance, or Mathematics, or equivalent work experience.Demonstrated knowledge of fixed income markets, economics, municipal sector, and other fixed income instruments as well as regulations governing these products.Proficient with Bloomberg and other investment software packages.10+ years of financial services, securities, fixed income, trading, risk, regulatory, and/or compliance experience Prior experience in various fixed income markets.

What’s 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.

A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable.Leaders who support your development through coaching and managing opportunities.Ability to make a difference and lasting impact.Work in a dynamic, collaborative, progressive, and high-performing team.Flexible work/life balance options.Opportunities to do challenging work.Opportunities to take on progressively greater accountabilities.Access to a variety of job opportunities across business.

The good-faith expected salary range for the above position is $65,000 - $115,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan. RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

Drives RBC’s high performance cultureEnables collective achievement of our strategic goalsGenerates sustainable shareholder returns and above market shareholder value

Job Skills

Bond Trading, Confidentiality, Customer Service, Detail-Oriented, Investment Banking, Investment Banking Analysis, Securities Laws, Standard Operating Procedure (SOP), Trade Client Reporting, Trade Processing

Additional Job Details

Address:

250 NICOLLET MALL:MINNEAPOLIS

City:

Minneapolis

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-02-16

Application Deadline:

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.
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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.