Job Description

Job Summary



What is the opportunity?

As Senior Manager, AML Risk Assessment, you support the development, implementation, and maintenance of enterprise Anti-Money Laundering/Anti-Terrorist Financing (AML/ATF) Risk and Control Assessment processes (development/maintenance of methodology and supporting documents, launch, analysis, quality assurance and reporting).

What will you do?

• Responsible for overseeing updates to the RBC Enterprise AML/ATF Risk Assessment Methodology and supporting documents (procedures, training documentation, communication plans) and assisting with the implementation of the Enterprise AML/ATF Risk Assessment Methodology
• Leverage data and statistical methods to evaluate, aggregate, visualize and report on AML risks and controls across the enterprise.
• Work with internal partners to identify pertinent risk factors and facilitate data collection and integration.
• Leverage data analytics and programming capabilities to efficiently execute a reproducible methodology.
• Leverage AML expertise to establish and effectively challenge risk ratings for various and qualitative risk factors.
• Keeping abreast of regulatory risk assessment requirements and expectations for all jurisdictions in which RBC operates and for developing governance over compliance with such requirements for AML/ATF Risk Assessments
• Working with internal partners to understand how the various components of the Financial Crimes and AML Program work together, providing feedback on best practices, including the development and maintenance of controls within Financial Crimes and AML
• Develop and maintain training material for AML/ATF Risk Assessment and Control Self Assessments
• Keeping abreast of internal changes to RBC business structure and product offerings (e.g. mergers and acquisitions, new products, etc.) and validating assessable units against the RBCs legal entities

What do you need to succeed?

Must-have:

• 2+ years of relevant subject matter experience in risk management and compliance
• Knowledge of applicable laws and regulations related to AML and ATF
• Strong knowledge of risk and control environments
• Proficiency with data analytics and analytics technologies (SQL and Python)

Nice-to-Have

• Familiarity with a breadth of banking products and services
• ACAMS or other AML certification

Whats 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 an agile, collaborative, progressive, and high-performing team
• The opportunity to interface with senior level executives from many different parts of the organization

Job Skills Anti-Money Laundering (AML), Business Perspective, Communication, Consulting, Decision Making, Financial Regulation, Fraud Risk Management, Internal Controls, Operational Integrity, Problem Solving

Additional Job Details

Address: 20 KING ST W:TORONTO

City: TORONTO

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: GROUP RISK MANAGEMENT

Job Type: Regular

Pay Type: Salaried

Posted Date: 2024-01-16

Application Deadline: 2024-01-31

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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