Manager, Aml Investigations - Correspondent Banking

Come Work with Us!

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title

Manager, AML Investigations - Correspondent Banking

What is the opportunity?

As Manager, you lead by example to deliver results through the combined efforts of the team and by working collaboratively with colleagues and external partners. As the subject matter expert on AML Investigations, with specialization in Correspondent Banking, you mentor staff and lead in the implementation of training into the unit. You conduct and complete risk based investigations into complex matters, through the gathering, analysis and evaluation of relevant information in order to determine whether sufficient suspicion exists of money laundering, financing of terrorism or other criminal activities activities, to justify making a report to the Regulatory Authority.

What will you do?

• Collaborate with Team Manager and other investigators within the Financial Intelligence Unit (FIU) to establish, develop and maintain links with internal / external stakeholders to support investigations
• Conduct quality assurance reviews for the Team Manager as directed
• Assist the Team Manager with the implementation of the training program into the team following training to ensure the understanding and processes are followed
• Promote, support, adhere to RBC’s policies/guidelines on Code of Conduct, Personal & Professional Development, Equal Opportunities, Health & Safety, Data Protection & Information Security
• Act as subject matter expert to provide specialist advice, guidance and direction on money laundering, financing of terrorism and related issues, seeking guidance and assistance when required
• Plan, conduct and complete risk based investigations into relevant matters such as incidents generated by the Insights and Analytics team, referrals from internal partners, etc.
• Gather intelligence from all sources to determine whether suspicion of money laundering, financing of terrorism or other criminal activities exists, to justify making a report to relevant Regulatory Authority
• Maintain accurate records of all investigative actions and decisions taken, ensuring that all material and information obtained is treated in accordance with legal, regulatory requirements and RBC policy

What do you need to succeed?

Must-have

• Ability to efficiently analyze and interpret large volumes of transactional data and prepare reports to justify investigation outcomes
• Undergraduate degree in Finance or equivalent
• Sound knowledge of banking platforms, clearing streams, ACH, SWIFT
• Excellent communication skills, both oral & written, with good interpersonal skills in order to establish relationships across all levels of the enterprise
• Well-developed understanding of correspondent banking payments and trade business
• Proficient online research skills

Nice-to-have

• Certified Anti-Money Laundering Specialist (CAMS) designation
• Proven track record and solid experience within AML roles
• Correspondent Banking Investigations experience

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.

• Opportunities to do challenging work
• Work in a dynamic, collaborative, progressive, and high-performing team
• Leaders who support your development through coaching and managing opportunities
• A comprehensive Total Rewards Program including bonuses and flexible benefits and competitive compensation

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.

Address:

TORONTO, Ontario, Canada

City:

CAN-ON-TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

Group Risk Management

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2023-05-23

Application Deadline:

2023-06-07

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.

Join our Talent Community

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

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 rbc.com/careers.