Manager Oversight Testing, Financial Crimes

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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 Oversight Testing, Financial Crimes

What is the opportunity?

In support of the RBC Financial Crime Program, the Manager, Oversight Testing, Financial Crimes conducts independent oversight testing on the design and effectiveness of first and second Line of Defense controls related to RBC’s compliance with global economic sanctions laws and regulations as part of Global Economic Sanctions (GES) end-to-end review. This requires proactive participation with oversight scoping, fieldwork, and reporting of findings to relevant stakeholders as well as escalating issues to senior management, when necessary.

What will you do?

• Conduct regular OT Reviews as assigned
• Awareness and follow-up on issues/recommendations and ensure resolution thereof in a timely and reasonable manner
• Assists the Senior Manager Oversight Testing in developing documented OT unit procedures/ standards, reviewing regularly, and updating as needed
• Conduct/maintain trend analysis of results of oversight testing
• Assists with preparing and delivering presentations to business partners, selecting the appropriate approach based on the audience
• Awareness of Regulatory Change Management changes, and ensuring they are incorporated in testing.
• Stay current with Investigative Process Procedures and Guidelines
• Responsible for supporting all OT end-to-end activities for the Sanctions that may include payments and client/country screening, trade finance screening and securities blocking,

What do you need to succeed?

Must Have Maximum

• Understand issues management
• Strong knowledge of Sanctions process and risk
• Knowledge of Canadian and International Sanctions laws & regulations (ideally US, EU and UK)
• ACSS or equivalent sanctions designation or obtain within a reasonable time
• University degree in business, international affairs, or equivalent experience

Nice-to-have

• Knowledge of AML and ATF
• CAMS designation preferable
• Knowledge of Capital Markets or Wealth Management
• Knowledge of RBC business units, products, and core RBC Sanctions (Central & Local) processes

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.

• Flexible work/life balance options
• Access to a variety of job opportunities across business and geographies
• Leaders who support your development through coaching and managing opportunities
• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• A world-class training program in financial services
• Opportunities to take on progressively greater accountabilities
• Work in a dynamic, collaborative, progressive, and high-performing team

Job Summary

In support of the RBC Financial Crime Program, the Manager, Oversight Testing, Financial Crimes provides independent oversight including, the adequacy of controls through 2nd Line of Defense Testing. This requires proactive participation with oversight scoping, fieldwork and reporting of findings to relevant stakeholders as well as escalating issues to senior management, when necessary, from a Global end-to-end view.

Context: Global Economic Sanctions (GES) control environment, as assigned.

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:

2023-08-10

Application Deadline:

2023-08-26

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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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.