Subsidiary Governance Officer

2 weeks ago

Toronto, Canada Royal Bank of Canada> Full time

Job Summary

Job Description

What is the opportunity?

As a Subsidiary Governance Officer (Canada), you will have oversight and accountability for the corporate governance of regulated and unregulated Canadian subsidiaries of Royal Bank of Canada. You will provide expertise and support on corporate secretarial and governance matters and ensure a consistent approach to corporate governance is applied to all designated subsidiaries aligned to local legal and regulatory requirements. You will also support the Senior Counsel, SGO Canada in the development and implementation of policies and procedures relating to the corporate governance of designated RBC subsidiaries. The position will have regular interface with subsidiary directors and senior management in Canada, providing and sourcing information as required to enhance and streamline governance practices. You will act as Corporate Secretary for designated subsidiaries and will play a key role in the delivery of strategic and efficiency projects within the Subsidiary Governance Office (“SGO”) (Canada) and will have oversight and responsibilities for integrating and embedding SGO strategic objectives in Canada.  You will also play a key role in the creation, dissolution and reorganization of subsidiaries in Canada and provide support on executing transactions on behalf of SGO.    

What will you do?

  • Provide company law, corporate governance and regulatory advice and support to the officers and board members of designated subsidiaries, including monitoring emerging best practices relating to corporate governance and assist subsidiary boards in implementing best and appropriate governance practices.
  • Responsible for all regulatory communication exchanges on governance of designated subsidiaries.
  • Act as Assistant Secretary or Corporate Secretary (as applicable) of designated subsidiaries, assisting designated 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.
  • Establish and maintain effective policies, processes and procedures, within the enterprise framework, that allow RBC subsidiary boards to carry out knowledgeable and independent oversight of management of the applicable subsidiary.
  • Responsible for managing records and data integrity of all information pertaining to designated subsidiaries, including data input into RBC’s legal entity database (currently GEMS).
  • Provide support to the Board Chair of each designated subsidiary to fulfill the Chair mandate, and serve as principal liaison and conduit for information between the Board Chair of each designated subsidiary, the directors and senior executives of such subsidiary.
  • Provide assistance to all subsidiaries, responding to inquiries and sourcing solutions to issues on board protocols, board and committee meetings, directorships, orientation and training of new directors and senior officers, preparation of documentation and other matters pertaining to board activities and corporate governance generally.
  • Lead and/or provide support in the creation, dissolution and reorganization of subsidiaries in Canada executing transactions on behalf of SGO.  
  • Serve as project manager of various enterprise initiatives

What do you need to succeed?

Must-have  

  • Must be a qualified law clerk or paralegal with corporate services experience, an in-depth knowledge of corporate secretarial and corporate governance practices gained at a major law firm or equivalent experience or have substantial experience as a Corporate Secretary in a regulated environment
  • High level of proficiency in Microsoft Office and able to adapt to new technologies.
  • Conversant with applicable corporate and securities legislation and has a keen attention to detail and accuracy
  • Excellent communication skills (written and oral), excellent interpersonal skills, team player with good influencing skills and exercises discretion and confidentiality.
  • Highly organized, able to prioritize and manage multiple tasks with challenging deadlines in a fast paced and dynamic environment

Nice-to-have

  • Ability to impact and influence through consultation and business rationale
  • Professional corporate secretarial designation
  • Strategic planning and implementation experience

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
  • Leaders who support your development through coaching and managing opportunities 
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Opportunities to do challenging work
  • Flexible work/life balance options

LAWGROUP23

Job Skills

Confidentiality, Cross-Functional Teamwork, Detail-Oriented, Financial Regulation, Interpersonal Relationship Management, Long Term Planning, Microsoft PowerPoint, Organizational Governance, Process Management, Time Management

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

Law and Compliance

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-04-29

Application Deadline:

2024-05-13

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
​​​​​​​
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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