What is the opportunity?

The incumbent ensures that Personal Banking & Commercial Banking (PB&CB) maintain an effective regulatory compliance program, aligned with RBC’s strategic objectives and risk appetite. As the FATCA/CRS Product Owner - Reporting, they act as the First Line of Defense (1LOD), assuming ownership and accountability for risk identification, assessment, mitigation, and regulatory reporting. Responsibilities include identifying and closing regulatory gaps, instigating necessary change management actions, and serving as the liaison between Business, Functional, and IT teams. In this role, they elicit, analyze, communicate, and validate requirements to address regulatory or compliance gaps.

What will you do?

• Lead reporting initiatives and execute critical activities, including project management and stakeholder engagement, maintain comprehensive regulatory policy documentation and support the Operations Process Optimization (OPO) partners in end- to-end workflow management.

• Act as Product Owner and Subject Matter Expert to lead the strategic development and execution of large, complex regulatory projects (i.e. FATCA, Common Reporting Standards, etc.) and identify and address regulatory changes impacting line-of-business (LOB) processes, policies, systems, and reporting.

• Develop and maintain regulatory resources (e.g., website content, tools, job aids, raining materials) and ensure timely revision /publication of Regulatory Strategy & Delivery policies and guidelines.

• Ensure controls over FATCA/CRS reporting and manage reporting processes, including multi-level reviews, approvals, and sign-offs, ensuring accuracy and compliance.

• Represent the business in engagements with regulatory bodies (e.g., CRA) for reporting, inquiries, audits, and correspondence.

• Collaborate with 2LOD partners to monitor regulatory changes via horizon scanning, third party subscriptions, regulator websites, GTIR website, etc., ensuring proactive compliance.

• Support IT and operational partners in updating systems, workflows, and controls to address regulatory changes, including application resiliency and process optimization.

• Drive process improvements by collaborating with functional and product teams to challenge redundant policies, embed regulatory requirements into client-facing tools, and establish monitoring to track operational and tactical risks to meet evolving regulatory pressures.

What do you need to succeed?

Must Have:

• 2–4 years of relevant experience.

• University degree or equivalent business experience.

• Strong analytical and conceptual thinking skills, with superior problem-solving abilities.

• Proven ability to build and maintain strong partner relationships, including negotiation skills to drive solutions.

• Capacity to work effectively under tight timelines, coupled with strong organizational skills.

Nice to Have:

• Regulatory knowledge and experience.

• Organizational awareness relevant to risk identification and assessment for PB&CB LOB’s, enabling leadership of complex regulatory initiatives and associated change management actions.

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.   

• Ability to make a difference and lasting impact   

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

• Opportunities to do challenging work 

Job Skills

Communication, Problem Resolution, Regulatory Compliance, Regulatory Policies, Regulatory Processes, Regulatory Projects, Regulatory Reporting, Regulatory Requirements, Tax Operations, Tax Regulations

Additional Job Details

RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTOTorontoCanada37.5Full timePERSONAL & COMMERCIAL BANKINGRegularSalaried2026-02-092026-02-24

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.