Managing Counsel and Lead, Subsidiary Governance US

What is the Opportunity?

As Managing Counsel and Lead, Subsidiary Governance US, you will lead a team responsible for oversight and accountability for the corporate governance of U.S. subsidiaries of Royal Bank of Canada, providing advice and expertise regarding corporate secretarial, governance and regulatory matters and ensuring a consistent approach to corporate governance is applied to all U.S. subsidiaries aligned to the enterprise governance model. You will also play a key strategic role in the creation and dissolution of subsidiaries in the U.S. and in the execution of U.S. transactions.

What will you do?

• Act as a trusted legal advisor to enterprise and U.S. senior management and members of the RBC Law Group on a broad range of corporate, governance and financial services regulatory matters relating to subsidiaries.
• Provide company law, corporate governance and regulatory advice and support to the officers and board members of U.S. designated subsidiaries.
• Develop, maintain and oversee U.S. standards, protocols and precedents for board governance.
• Serve as Corporate Secretary or Assistant Secretary of designated U.S. subsidiaries.
• Work closely with partners across all three lines of defense to identify, interpret and analyze emerging regulatory and non-regulatory corporate governance developments that may impact RBC's U.S. operations.
• Assist designated U.S. boards in the following matters: setting board agendas;planning and preparing for board and committee meetings; maintaining forward agendas; taking minutes and maintaining corporate minute books and records; overseeing board evaluations of effectiveness; recruiting new directors; organizing orientation and training for new directors and key officers; coordinating and organizing information flow to directors of designated subsidiaries, and meeting the information requirements of the designated subsidiary boards.
• Ensure alignment of U.S. governance practices and processes to RBC Legal Governance of Subsidiaries Policy and collaborate with Subsidiary Governance Office to support a consistent approach to governance.
• Lead in the creation, dissolution and reorganization of U.S. subsidiaries.

What do you need to succeed?

Must have

• Bachelor of Laws or JD degree and admitted to the practice of law in Canada or the U.S., with strong legal knowledge particularly in corporate, regulatory and governance areas.
• Minimum of 10 years of experience in corporate governance.
• Minimum of 5 years of financial services industry experience, which must include direct experience in corporate governance and/or Compliance and/or Risk Management.
• Strong interpersonal, influencing, and communications skills with an ability to interact effectively with stakeholders and regulators, to include virtual, matrixed leadership experience and the ability to effectively manage and build relationships within business and functional partners.
• Minimum of five years of managerial experience and proven leadership and project management skills to drive alignment across stakeholder groups to develop and deliver repeatable end-to-end corporate governance solutions.

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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
• 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.
• Opportunities to do challenging work.
• Opportunities to build close relationships with clients.

The expected salary range for this particular position is $200,000-275,000, depending on your experience, skills, and registration status, market conditions and business needs.

You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

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.