Description:
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.
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.
