Control Room Officer

Job Description

Director, Control Room Compliance | Royal Bank of Canada

The Tone:
This is a full-time role at Royal Bank of Canada, located in San Francisco, CA. RBC is one of the largest and most successful banks globally, focused on delivering trusted advice and enhancing the well-being of clients and communities. This role is crucial for maintaining the firm’s strict information barriers, preventing the improper flow and misuse of material non-public information, and ensuring compliance with critical securities laws and firm policies.

The TL;DR
• Role: Senior
• Type: Full-time
• Location: In-person, San Francisco, CA
• Pay: $160000–$260000 yearly
• Mission: Restrict the improper flow of information and prevent the misuse of material non-public information between public and private side areas of the firm.

What You’ll Actually Do
• Research Review: Review research notes and reports submitted by Supervisory Analysts for content approval against Watch and Restricted Lists.
• List Management: Conduct daily updating and monitoring of the firm’s Restricted List to ensure accuracy.
• Watch List Oversight: Perform daily updating, review, additions, and deletions for the Watch List, and obtain necessary updates from Investment Banking.
• Advisory Support: Advise Research and Sales & Trading on restrictions and corresponding permissible activities, and coordinate with Investment Banking regarding deal announcements.
• Compliance Monitoring: Implement Information Barriers Surveillance, Monitoring, and Testing, and execute Risk Assessments and Risk Control Matrix (RCM) tasks.

The Must-Haves
• Background: Bachelor’s Degree with core domain knowledge in maintaining information barriers and preventing information misuse in a financial services context.
• Experience: 10 or more years of dedicated Control Room experience, or alternatively, 12 or more years experience in broader broker-dealer compliance. This role requires schedule flexibility to provide coverage, including weekends as needed.
• Skills: Subject matter expertise in FINRA Rule 2241, Regulation M, and other relevant securities rules and regulations; ability to work under short deadlines and make quick, reasoned decisions.
• Bonus: Juris Doctor (JD); proven ability to work independently while also collaborating effectively in a team environment.