# Manager, RMFI Trade Surveillance

**Company**: Royal Bank of Canada (RBC)
**Location**: Toronto, Ontario
**Experience**: senior
**Job type**: full-time
**Category**: Finance
**Industry**: Finance

**Apply**: https://rbc.wd3.myworkdayjobs.com/en-US/RBCGLOBAL1/job/TORONTO-Ontario-Canada/Manager--Royal-Mutual-Funds-Inc--RMFI--Surveillance_R-0000191350-1?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_ba788abe-190

## Description

You will be part of the RBC Compliance Surveillance Team, which is a core, global, second-line-of-defense function within Compliance that works closely with the first-line and the third-line (Internal Audit) and other second-line functions as part of an integrated controls framework.

As Manager, RMFI Trade Surveillance, you will act as a senior member in the team to lead the daily and periodic reviews of sales and trading activities in Canada to detect potential suitability and sales practices concerns focusing on mutual funds activities.

**Responsibilities**

- Conduct routine review of trades in retail RMFI accounts to ensure compliance with company policies and application regulations (e.g. CIRO)

- Assist team members in handling complex trade surveillance alerts and ad-hoc investigations

- Support the Associate Director in managing daily alerts escalation and resolution timeline

- Conduct targeted reviews in response to inquiries from internal stakeholders or external regulators. Interpret and investigate substantive findings for context and potential impact

- Assess surveillance efficiency and provide ongoing reporting to management

- Maintain surveillance monitoring groups and provide metrics for reporting to management

- Conduct special projects as assigned by management including the escalation and resolution of potential gaps and identified issues.

- Provide support for audit-related matters and policy/procedure manual upkeep

- Conduct IT testing for surveillance system/ tool enhancements

**Requirements**

- 4-6 years of related work experience at a financial institution and/or regulated securities/mutual fund dealer/and or securities regulatory body

- Knowledge of mutual fund/securities rules and regulations (e.g. CIRO, OSC)

- Business knowledge about mutual fund distribution business activities or other retail investment business activities

- Bachelor's degree or equivalent

- Good understanding of suitability and sales practices, regulatory rules and requirements

- Critical thinking, excellent analytical and problem-solving skills

- Strong written and verbal communication skills

**Nice-to-have**

- CSC, CPH

- Prior experience in retail trade surveillance or retail investment compliance

**What's in it for you?**

- 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

- A world-class training program in financial services

- Flexible work/life balance options

- Opportunities to do challenging work

- Opportunities to take on progressively greater accountabilities

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## Skills

### Required
- Compliance
- Critical Thinking
- Data Gathering Analysis
- Decision Making
- Financial Regulation
- Industry Knowledge
- Interpersonal Relationship Management
- Product Services
- Risk Management
- Strategic Thinking

### Nice to have
- CSC
- CPH

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Source: [Apply at rbc.wd3.myworkdayjobs.com](https://rbc.wd3.myworkdayjobs.com/en-US/RBCGLOBAL1/job/TORONTO-Ontario-Canada/Manager--Royal-Mutual-Funds-Inc--RMFI--Surveillance_R-0000191350-1?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)