Job Summary

Establishes, implements and manages business unit  AML programs to prevent illegal, unethical, or improper business practices. Applies experience and seasoned knowledge, skills, and practices to perform a variety of assignments.

Job Description

What is the opportunity?

This role will conduct AML oversight testing on central AML functions and AML controls related to High-Risk Clients. This requires proactive participation with oversight scoping, fieldwork, and reporting. The role will be involved in oversight findings to relevant stakeholders as well as escalating issues to senior management, when necessary.

What will you do?

Conduct regular oversight testing of the key AML controls in scope, ensuring all testing conducted aligns with enterprise standardsIssue formal reporting on all oversight testing completedConduct/maintain trend analysis of results of oversight/continuous testing.Participate in the issue management process when issues are identified, providing effective challenge on action plans, and following up with issue owners to ensure issues can be closed within the expected completion dateEstablish, develop and maintain strong relations with internal and external partners. (e.g. senior business leaders)Participate in internal projects meetings in order to proactively gain insight to upcoming changes that might impact/influence oversight testing and monitoring processesProactively identify personal development opportunities, international trends, and regulations.Demonstrate a quality service approach through willingness to accept new assignments and adapt to changing directives.Gain in depth knowledge on Canadian AML legislation.

What do you need to succeed?

Must Have

3-5 years of experience in AML, 2nd line, or audit testing functionBachelor’s Degree or commensurate work experienceStrong knowledge of Canadian AML regulations, Terrorist Financing Act (PCMLTFA) and FINTRAC guidance/requirementsWorking background/experience with the major business segments of RBC or other FIsVery strong interpersonal and analytical skillsStrong skills in Microsoft Office Applications (e.g. Excel, PowerPoint, creating charts/graphs for executive reporting etc.)Strong written and oral communication skills; business writing experienceAbility to thrive in a high-pace and high-pressure working environment

Nice-to-have

Certified Anti-Money Laundering Specialist (CAMS), Certified Financial Crime Specialist (AFCS) or other recognized AML/Financial Crimes certificationsExperience as an AML SME within an Audit/Testing FunctionData Analytics knowledge – data manipulation, analysis and validation skills, including high proficiency in MS Excel (e.g. pivot table, complex formula, VBA etc.)

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, commissions, and stock where applicableLeaders who support your development through coaching and managing opportunitiesWork in a dynamic, collaborative, progressive, and high-performing teamA world-class training program in financial servicesFlexible work/life balance optionsOpportunities to take on progressively greater accountabilities Access to a variety of job opportunities across business and geographies

Job Skills

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

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:

2024-12-20

Application Deadline:

2025-01-11

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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