Associate Director & Senior Counsel, Global Equities

What is the opportunity?

As Senior Counsel in RBC’s US Capital Markets Law Group, you will provide legal coverage across multiple product areas and functional support areas with a focus on the Firm’s Global Equities business  regarding  the application and impact of: (i) Federal securities laws, including, but not limited to, the ’33 Act, ’34 Act, ‘40 Act; and (ii) regulation and oversight of Federal agencies (SEC, CFTC), SROs (FINRA) and exchanges.

What will you do?

• Serve as counsel providing regulatory guidance and legal advice on all matters relating to RBCCM’s Global Equities business, including the Cash, Electronic, PT and Flow Derivatives desk, GE’s Central Risk Book activities, as well as Commission Sharing arrangements, and all related legal and regulatory matters.
• Provide ancillary support, regulatory guidance, and legal advice to RBC's ETF market-making desk and ECM origination business.
• Advise on regulatory considerations and new initiatives.
• Assist team of attorneys providing escalation support to Trade Documentation Group on various agreements, including ISDAs, CSAs, MRAs, GMRAs, MSFTA and MSLAs.
• Perform major role in collaborating with front office, Litigation, and control functions across the enterprise as needed regarding regulatory inquiries and special remediation efforts arising out of covered business lines.
• Assist in managing external counsel relationships with respect to engagements deemed necessary in connection with the foregoing.
• Stay informed on legal and regulatory developments and maintain and update documentation as needed based on such developments.
• Regularly engage in discussions with Sales, Trading, Structuring, Risk, Tax and others in relation to transaction structuring, execution, risk mitigation, internal approvals and lifecycle events.
• Assist with ad hoc issues, projects, regulatory/legal changes and new business initiatives.

What do you need to succeed?

Must-have

• Law Degree and member in good standing of the bar of a U.S. state with 2-7 years of legal experience
• Knowledge of ’33 and ’34 Act
• Strong drafting, analytical and problem solving skills

Nice-to-have

• Experience covering various equity products at a major investment bank and/or law firm
• Understanding of the economics of common products, market practices and regulatory framework

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 $210,000-240,000 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 that comprise our total compensation package, which includes the following: commission sharing eligibility for select roles, a discretionary bonus, a paid time-off plan, our 401(k) program with company-matching contributions, and our health, dental, vision, life and disability insurance.

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 culture

·       Enables collective achievement of our strategic goals

·       Generates sustainable shareholder returns and above market shareholder value

Job Skills

Additional Job Details

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.