Analyst, High Risk Client Management - Toronto, Canada - Royal Bank of Canada

Royal Bank of Canada

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Job Summary

What is the opportunity?

As Analyst, High Risk Client Management you will conduct Enhanced Due Diligence (EDD) analysis within the High ESC (Enterprise Strategic Client) Team, in order to assess whether a client is within the RBC's AML Risk Appetite.

These analyses are conducted at onboarding and on an ongoing basis and involve research using RBC approved techniques and tools to identify high risk factors.

You prepare client risk assessments to effectively communicate the materiality of any AML risk exposure, such as Money Laundering (ML), Terrorist Financing (TF), high risk sector, sanctions and material relevant adverse information, etc.

for Senior Management's review and approval.

What will you do?

Conduct research and investigations using RBC approved techniques and tools to evaluate if a client presents a higher level of ML / TF, regulatory and reputational risk to the Bank
Work with business partners and stakeholders to ensure that all issues /reviews are escalated appropriately within defined timelines and in accordance with RBC's policies and procedures
Effectively communicate with business partners and stakeholders to ensure a high degree of service standards and client care focus is maintained
Assess selftraining and selfdevelopment needs based on the requirements of the role in order to facilitate review of Personal Development plan with Manager/ Senior Manager as required
Complete mandatory RBC training on a timely basis and keep abreast of current industry knowledge, best practices, and skills sets relevant to AML/CTF, and other related regulatory
Provide input into the development of processes, guidance documents, and job aids as required, to enhance the HRCM Strategy and ensure compliance with regulatory and policy requirements
Provide feedback to the Manager/Senior Manager where gaps are identified regarding processes in order to ensure adherence to compliance with AML / CTF legislation, policies, and procedures

What do you need to succeed?

Must Have

Knowledge of and/ or experience in AML Compliance, Financial Crimes investigations, working knowledge of AML compliance requirements and regulations for Canada, Experience working in law enforcement or the financial sector or financial regulatory oversight
Strong investigative and problemsolving skills
Strong analytical aptitude and risk mindset
University degree or equivalent experience

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
Work in a dynamic, collaborative, progressive, and highperforming team
A worldclass training program in financial services
Flexible work/life balance options
Opportunities to do challenging work
Opportunities to take on progressively greater accountabilities

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

Application Deadline:

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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