Manager, High Risk Client Management - AML

The successful candidate will perform Enhanced Due Diligence (EDD) analysis on RBC clients as assigned by the Manager and Senior Manager. These analyses involve utilising RBC approved techniques and tools to assess if a client’s Source of Wealth / Revenues are from legitimate activities. The role will investigate and document relevant and material risk factors to facilitate Senior Management decision-making for the purpose of mitigating financial, regulatory, reputational and legal risk to RBC.

What will you do?

• Conduct high risk client profile analyses to identify key indicators for the purpose of mitigating Anti Money Laundering (AML), financial, regulatory, reputational, and legal risks to RBC.
• Propose an appropriate client risk rating and ensure thorough record-keeping.
• Work with stakeholders to ensure that assessments are escalated where relevant, prioritized within defined timelines, in compliance with RBC policy and procedures, and delivered in accordance with RBC Values.
• Engage Subject Matter Experts to address material concerns involving Anti-Bribery & Corruption (ABAC), Terrorist Financing, Economic Sanctions, Politically Exposed Person (PEP), Tax and reputational risks and assess any mitigation to the risks identified.
• Be personally responsible and accountable for self-development and maintaining up to date knowledge, best practices and skills in relevant Money Laundering, Terrorist Financing and other regulatory matters.
• In conjunction with Managers and the Senior Managers, develop and maintain a network of internal partners and external peers in the industry to support analytical requirements.

What do you need to succeed?

Must-have

• Proven track record within AML/EDD roles, either within a bank or in an investigations, due diligence or business intelligence role at a consulting firm.
• Strong research and investigation skills, particularly with open sources and industry leading databases.
• Excellent writing skills and prior experience of writing complex and detailed reports.
• Detailed knowledge and experience of AML client risk assessment approaches and methodologies, EDD practices and policy development.
• Strong knowledge of the AML/CTF and ABAC legal and regulatory environment.
• Good understanding of geopolitical risks.
• Good problem solving and analytical skills.
• Ability to influence and direct internal and external colleagues.

Nice-to-have

• Formal qualifications at Graduate or Post-Graduate Level in AML or a related discipline or similar/equivalent.

What is in it for you?

• A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensation.
• Leaders who support your development through coaching and managing opportunities.
• Opportunities to work with the best in the field.
• Ability to make a difference and lasting impact.
• Work in a dynamic, collaborative, progressive, and high-performing team.
• A world-class training program in financial services.

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities.

RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.