What is the opportunity?

This position combines subject matter expertise with project management responsibilities, supporting the Regulatory Change Delivery team within RBC Capital Markets. The incumbent will drive regulatory change delivery and operational readiness across multiple high-priority initiatives including AWV German Reporting, SEC SBSD Migration, and GSAS Rewrite. The role is responsible for translating complex regulatory requirements into clear business requirements, conducting thorough gap and impact analysis, defining requirements, and ensuring robust controls and governance frameworks are embedded throughout solution design and implementation. This position is critical to ensuring RBC Capital Markets adheres to new rules as well as maintains regulatory compliance while optimizing operational efficiency across trade reporting and derivatives infrastructure.

What will you do?

Strategic & Analytical Leadership

• Serve as the primary subject matter expert for assigned regulatory initiatives, providing authoritative analysis and recommendations to senior management, project sponsors, and cross-functional stakeholders on regulatory requirements, compliance gaps, and remediation approaches

• Conduct comprehensive gap analyses and business impact assessments for regulatory projects, using advanced Excel modeling and VBA macros to quantify effort, risk, and resource requirements

Requirements & Process Definition

• Lead end-to-end business process mapping for existing and proposed operational workflows, clearly delineating roles, responsibilities, interdependencies, control requirements, and identified gaps across all relevant functions and teams

• Gather, document, and manage formal business requirements using RBC project management framework and standards, ensuring requirements are traceable, testable, and aligned with regulatory intent

• Collaborate closely with the Head of Regulatory Change Delivery, BAU Product Managers, Compliance, IT partners, and external vendors to ensure requirements reflect business reality and technical feasibility

• Maintain and escalate outstanding issues and dependencies through structured governance (RAID logs, Confluence pages, status reporting) to ensure visibility and timely resolution

Program Delivery & Quality Assurance

• Develop and document comprehensive test packs and test plans; participate actively in testing initiatives to validate solution readiness against business requirements and regulatory obligations

• Identify and recommend operational simplifications and efficiency improvements to senior management, balancing regulatory compliance with business optimization

• Define and oversee tactical interim solutions where strategic system-based solutions are not yet available, ensuring these solutions maintain appropriate controls and do not create technical debt

Cross-Functional Coordination

• Manage stakeholder relationships across PCM, Regulatory Services BAU, Compliance, IT, Business Transformation, Front Office, and Product Control functions; facilitate alignment on priorities, timelines, and trade-offs

• Communicate progress, risks, and recommendations through regular updates to project sponsors, senior leadership, and key partners, adjusting communication style and detail level to audience and urgency.

What you need to succeed?

Must have:

• Minimum 5 years of hands-on business analyst experience, with substantial focus (minimum 3 years) on regulatory or compliance-related projects

• Minimum bachelor’s degree or equivalent relevant experience in Finance, Business, Engineering, Science or Math

• Proven expertise in trade reporting and derivatives regulations across multiple jurisdictions (CSA - Canada, CFTC, SEC - US, FCA - UK, ESMA - Europe, ASIC, MAS - APAC); demonstrated knowledge of regulatory timelines, reporting standards, and compliance frameworks

• Knowledge of derivatives products lifecycle and applicable market infrastructure

• Advanced Excel proficiency, including demonstrated capability to develop and maintain complex VBA macros for data analysis, validation, and reporting

• Skillful in Microsoft Office Suite (Outlook, Excel, Access, PowerPoint, Word, Visio, etc.) and AI tools

• Demonstrated experience leading business analysis on medium-to-large scale projects, managing multiple work streams and driving requirements to closure

• Exceptional analytical capabilities, including the ability to decompose complex regulatory requirements into clear business requirements and operational workflows

• Strong written and verbal communication skills, with proven ability to present findings and recommendations to both technical and business audiences

• Demonstrated expertise in controls design, including the ability to identify control gaps, recommend appropriate mitigations, and embed controls into operational processes

• Proven ability to manage competing priorities and tight deadlines while maintaining quality and attention to detail; strong self-management and organizational skills.

Nice to have:

• Project management certification (PMP, Prince2, or equivalent)

• Deep knowledge of RBC's regulatory reporting environment, systems, and governance structures

• Experience managing external vendors and consulting partners on regulatory or compliance initiatives

• Familiarity with business process modeling tools (Visio, Lucidchart, or equivalent)

• Background in trade execution, reporting, or post-trade operations.

• Project management certification; advanced degree in a quantitative or business-related field

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

• Leaders who support your development through coaching and managing opportunities

• Work in a dynamic, collaborative, progressive, and high-performing team

• Opportunities to do challenging work

• Flexible work/life balance options

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

Job Skills

Active Learning, Adaptability, Business Appraisals, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, Operational Delivery, Process Improvements

Additional Job Details

RBC CENTRE, 155 WELLINGTON ST W:TORONTOTorontoCanada37.5Full timeCAPITAL MARKETSRegularSalaried2026-01-132026-01-29

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 believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.