Job Description

Job Summary



What is the opportunity?

This role will have overall accountability to review transaction monitoring alerts and Unusual Transaction Reports specific to Global Capital Markets in order to assess the client activity against the risks identified and determine if the alert warrants further AML investigation, and documents their findings/rationale accordingly.

What will you do?

• Gather information/intelligence from all available sources to determine whether suspicion of money laundering, financing of terrorism or other criminal activities exists, to justify alert escalation
• Resolve Global Capital Markets Transaction Monitoring & Unusual Transaction Report alerts on a timely basis ensuring that a prescribed standard of review and documentation is adhered to.
• Act as a subject matter expert to provide specialist advice, guidance and direction to financial crimes on money laundering, financing of terrorism and related issues as it pertains to Capital Markets Globally
• Maintain accurate records of all actions and escalations taken, ensuring that all material and information obtained is treated in accordance with legal and regulatory requirements as well as RBC policy
• Advise/escalate global trends or issues to the Senior Director and take action to propose improvements to workflow, processes and tools.
• Utilize knowledge of Capital Markets products to identify opportunities to enhance the efficiency and effectiveness of RBC\xe2\x80\x99s AML transaction monitoring rules and related tools.
• Collaborate internally to enhance the efficiency and effectiveness of RBC\xe2\x80\x99s AML compliance program overall.

What do you need to succeed?

• Experience in financial crime and/or money laundering investigations within banking, law enforcement, or a regulatory body.
• Demonstrable knowledge of Capital Markets products and their use in Financial Crimes
• Knowledge of Capital Markets products, their trade lifecycles, settlement flows
• Skilled in Open Source research and the use of Bloomberg
• Knowledge of relevant predicate offences, e.g. Market Abuse, insider trading
• Experience with Microsoft Excel
• Effective and strong oral and written communication skills
• Highly developed organizational skills
• Demonstrated in-depth knowledge of RBC policies and procedures
• Astute in the identification of materiality and risk

What\xe2\x80\x99s 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 and 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

Job Skills Anti-Money Laundering (AML), Business Perspective, Communication, Consulting, Decision Making, Financial Regulation, Fraud Risk Management, Internal Controls, Money Laundering (Inactive), 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: 2024-02-08

Application Deadline: 2024-02-23

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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