Job Description
What is the opportunity?
The Manager, High Risk Client Management (HRCM) supports the Senior Manager, HRCM and/or Director, HRCM by providing subject matter expertise (SME) in the tactical execution of core risk decisions related to the identification, review, management, and escalation of higher risk clients. This is done using HRC’s risk assessment and enhanced due diligence (EDD) processes to mitigate against financial, regulatory, reputational, and legal risks at RBC using a risk-based approach. The Manager will complete specialized reviews and apply SME to provide analysis and process efficiency improvement.
This role also requires the following: assisting in the identification, confirmation, management, and approval process for the on-boarding and periodic review and assessment of high risk clients, as required; and committing to on-going professional development, to ensure that individual and collective team knowledge is current and comprehensive so that outcomes – including decisions and recommendations – are based on a thorough understanding of the risks involved and are made in the context of AML/CTF regulatory requirements.
What will you do?
Develop and implement strategies for all activities relating to one or more business units regarding business conduct and ethical relationship standards.
Provide advice and interpretation of Anti-Money Laundering and Anti-Terrorist Financing compliance, including corporate policies and procedures to assigned business unit or units.
Manage the investigation process for alleged violations.
Oversee the development of relevant programs to ensure compliance and reduce risk.
What do you need to succeed?
Must Have :
Post-secondary education or equivalent experience
Demonstrated expertise in financial crime and/or money laundering investigations, oversight, or advisory services within banking, law enforcement, or a regulatory body.
Suspicious Transaction Report (STR) identification, preparation, and filing in compliance with regulatory requirements.
Highly developed oral and written communication skills including in depth policy writing.
Strong strategic skills to build and maintain program design enhancements.
Experience with Microsoft Excel and transactional analytics.
Highly developed organizational skills.
Demonstrated in-depth knowledge of RBC policies and procedures.
Nice to have:
CAMS designation
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 applicable
Leaders who support your development through coaching and managing opportunities
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
Opportunities to do challenging work
Job Skills
Anti Money Laundering Training, Business Perspective, Communication, Decision Making, Financial Regulation, Interpersonal Relationship Management, Operational Integrity, Organizational Governance, Process Management, Strategic ThinkingAdditional Job Details
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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
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.
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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.