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

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
Analyst, High Risk Client Management

What is the opportunity?

The Analyst will perform Enhanced Due Diligence (EDD) analysis on High Net Worth clients as assigned by the Manager and Senior Manager.

These analyses involve utilizing RBC approved techniques and tools to assess if a client's Source of Wealth / Revenues are from legitimate activities.

The Analyst will investigate and document relevant and material risk factors in order to facilitate Senior Management decision-making for the purpose of mitigating financial, regulatory, reputational and legal risk to RBC.

What will you do?

Conduct high risk client profile analyses to identify key indicators for the purpose of mitigating Anti Money Laundering (AML), financial, regulatory, reputational, and legal risks to RBC. Propose an appropriate client risk rating and ensure thorough recordkeeping.
Work with stakeholders to ensure that assessments are escalated where relevant, prioritized within defined timelines, in compliance with RBC policy and procedures, and delivered in accordance with RBC Values.
Engage Subject Matter Experts to address material concerns involving Anti-Bribery & Corruption (ABAC), Terrorist Financing, Economic Sanctions, Politically Exposed Person (PEP), Tax and reputational risks and assess any mitigation to the risks identified.
Be personally responsible and accountable for selfdevelopment and maintaining up to date knowledge, best practices and skills in relevant Money Laundering, Terrorist Financing and other regulatory matters.
In conjunction with Managers and the Senior Managers, develop and maintain a network of internal partners and external peers in the industry to support analytical requirements.

What do you need to succeed?

Must-have

Effective communication skills.
Advanced knowledge in reading and researching in Simplified Chinese.
Highly developed organizational skills and the ability to work within strict deadlines.
Demonstrated knowledge of / experience in Financial Crimes/High Risk Clients/EDD.

Nice-to-have

University degree or equivalent experience.
Knowledge of banking systems and processes.
Strong AML knowledge _CAMS_ designation or equivalent certificate is preferred.
Strong knowledge of relevant predicate offences, e.g. fraud is considered an advantage.

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
Leaders who support your development through coaching and managing opportunities
Work in a dynamic, collaborative, progressive, and highperforming team
Opportunities to do challenging work

Job Summary

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:

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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