Job Summary

You will be responsible for ensuring RBC’s reputation is upheld, and relevant laws and regulations are complied by preventing illicit use of RBC’s system for money laundering and terrorist financing.

Job Description

What is the opportunity?

As the Manager, AML Compliance, you will be responsible for ensuring RBC’s reputation is upheld, and relevant laws and regulations are complied by preventing illicit use of RBC’s system for money laundering and terrorist financing.

What will you do?

Assist business and support functions to comply with applicable legal, regulatory and internal requirements on AML and ABAC.Render prompt and constructive advice to business and support functions on AML and ABAC matters, especially around client due diligence.Review potential sanctions exception on wire payment flagged by system, and manually escalated by business and support functions.Keep abreast of legal and regulatory changes, and perform gap analysis where necessary.  Act as key liaison officer with business and support functions to understand the change, and facilitate them to take required action timely.Manage information sharing (like best practice, benchmark etc.) with industry counterpart.Ensure all internal and external suspicious activity reporting, transaction monitoring and screening alerts are properly and timely handled.Contribute to Group’s AML and ABAC project and initiative.Cultivate high AML and ABAC awareness and culture in the organization.Timely respond enquiry and request from regulatory authority, law enforcement unit, senior management and internal audit.

What do you need to succeed?

Must-have

Degree or equivalent is requiredThe role would typically require 4+ years compliance or AML work experience acquired from international bank or relevant regulatory authorityStrong understanding on relevant products, services and transactionsStrong knowledge on AML and ABAC legal and regulatory requirements, compliance principle and corporate governance.Strong compliance and risk control conceptAbility to cope with highly demanding and fast paced business environmentCompetent to work in a matrix organizationDemonstrate sound commercial experience and judgementStrong interpersonal, communication and negotiation skills, and with the ability to network, engage and influence

Nice-to-have

AML qualification such as ACAMS, CAMLP, AML ECF etc. would be an advantageExpertise in use of data analytics would be an advantage

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, flexible benefits and competitive compensationLeaders who support your development through coaching and managing opportunitiesOpportunities to work with the best in the fieldAbility to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamA world-class training program in financial servicesFlexible working options fully supported.

Agency Notice

RBC Group does not accept agency resumés.  Please do not forward resumés to our employees, nor any other company location.  RBC Group only pay fees to agencies where they have entered into a prior agreement to do so and in any event do not pay fees related to unsolicited resumés. Please contact the Recruitment function for additional details.

Job Skills

Anti-Money Laundering (AML), Communication, Data Analysis Tools, Data Analytics, Data Gathering Analysis, Detail-Oriented, Financial Regulation, Fraud Risk Management, Group Problem Solving, Internal Controls, Operational Integrity, Process Management, Regulatory Applications, Regulatory Compliance, Regulatory Interpretation

Additional Job Details

Address:

8 MARINA VIEW, #26-01 ASIA SQUARE TOWER 1:SINGAPORE

City:

Singapore

Country:

Singapore

Work hours/week:

40

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-12-31

Application Deadline:

2025-01-31

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

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.
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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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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.