Royal Bank of Canada - Los Angeles, CA

posted 5 months ago

Full-time - Mid Level
Los Angeles, CA
Credit Intermediation and Related Activities

About the position

In this role, you will assist in the development, implementation, and support of business analytics initiatives, tools, processes, and projects. The ideal candidate will have a strong interest in data analysis, technology, some banking experience, and a willingness to learn and grow in a dynamic environment. You will be responsible for gathering and analyzing banking data to ensure compliance with regulatory requirements, documenting data analysis findings, compliance trends, and regulatory issues, and contributing to the preparation of reports for management and regulatory agencies. Additionally, you will participate in training sessions and workshops to enhance your knowledge of banking regulations, compliance processes, technology, and data analysis techniques. Collaboration is key in this position, as you will work with team members and cross-functional stakeholders to address compliance concerns, share insights, and contribute to the continuous improvement of compliance processes. You will also assist in identifying opportunities to automate processes and tasks related to compliance functions and data analysis, utilizing tools such as Python, Power Automate, and Visual Studio. Performing quality assurance checks on data analysis and automation processes to ensure accuracy and completeness of results will also be part of your responsibilities. Furthermore, you will support ad-hoc projects and initiatives as assigned by senior team members, gaining exposure to various aspects of banking compliance and data analysis.

Responsibilities

  • Assist in gathering and analyzing banking data to ensure compliance with regulatory requirements.
  • Assist in documenting data analysis findings, compliance trends, and regulatory issues, and contribute to the preparation of reports for management and regulatory agencies.
  • Participate in training sessions and workshops to enhance knowledge of banking regulations, compliance processes, technology, and data analysis techniques.
  • Collaborate with team members and cross-functional stakeholders to address compliance concerns, share insights, and contribute to the continuous improvement of compliance processes.
  • Assist in identifying opportunities to automate processes and tasks related to compliance functions and data analysis, utilizing tools such as Python, Power Automate, and Visual Studio.
  • Assist in performing quality assurance checks on data analysis and automation processes to ensure accuracy and completeness of results.
  • Support ad-hoc projects and initiatives as assigned by senior team members, gaining exposure to various aspects of banking compliance and data analysis.

Requirements

  • Minimum of 5 years of experience in banking compliance, risk management, regulatory affairs, or a related field, with a focus on data analysis and regulatory compliance.
  • Familiarity with data analysis tools and software such as Excel, SQL, or similar.
  • Basic proficiency in data manipulation, analysis, and automation tasks.
  • Experience or willingness to learn SharePoint, Python, Power Apps, Power Automate, Azure, VBA and Power BI for data visualization and process automation.
  • Strong attention to detail and ability to follow established processes and procedures.
  • Good communication skills, both verbal and written.
  • Ability to work collaboratively in a team environment and willingness to learn from senior colleagues.
  • Strong organizational skills with the ability to manage multiple tasks effectively.

Nice-to-haves

  • Basic understanding or willingness to learn Visual Studio for application development and customization.
  • Some experience working with JSON data formats for data interchange and API integration.

Benefits

  • 401(k) program with company-matching contributions
  • Health insurance
  • Dental insurance
  • Vision insurance
  • Life insurance
  • Disability insurance
  • Paid time-off plan
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