Manager, AML High Risk Sectors Client Management – Contract

Job title:

Manager, AML High Risk Sectors Client Management – Contract

Company

Royal Bank of Canada

Job description

Job SummaryJob DescriptionWhat is the opportunity?As Manager, High Risk Sectors, you will support the Senior Manager, High Risk Sectors by providing direction and execution of core risk decisions related to the identification, review, management, and escalation of higher risk clients. This includes risk assessment and enhanced due diligence (EDD) processes to assess if a client is within RBC’s AML Risk Appetite. You will support one or more of: Correspondent Banking, Money Services Businesses, Cannabis Related Businesses, White Label ATMs, Alternative Lenders, Cheque Cashers, Payment Processors, Virtual Asset Service Providers,or other sectors identified as presenting higher risk of money laundering.As Manager, High Risk Client Management, you will also provide risk assessment approvals, coaching, and other routines to ensure that individual / collective teams’ knowledge is current, so that outcomes are based on a thorough understanding of risk involved and are made in the context of AML / CTF regulatory requirements.What will you do?

• Prioritize and manage AML and Anti-Terrorist Financing (ATF) analyses and provide Key Risk Indicators for the purpose of mitigating financial, regulatory, reputational, and legal risk to RBC for higher risk clients.
• Partner with the FIU, Insights & Analytics, and Global AML Compliance to ensure that HRC risk assessments are appropriately coordinated, routed, and escalated where relevant, using a risk-based approach.
• Manage the execution of the HRC processes (including on-boarding and periodic review) and ensure, where applicable, all regulatory or procedural timeframes are met.
• Work with business partners and stakeholders to ensure that, where applicable, all issues /reviews are escalated appropriately within defined timelines and in accordance with RBC’s policies and procedures
• Help individuals and teams achieve high performance through building capabilities and effective coaching and performance management
• Effectively communicate with business partners and stakeholders to ensure a high degree of service standards and client care focus is maintained
• Provide input into the development of processes, guidance documents, tools and job aids as required, in order to enhance the HRS 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

• 2+ years of strong Financial Crimes, AML/Fraud knowledge to prevent the use of RBC’s financial services for money laundering and terrorist financing
• Strong written and oral communication skills
• Highly developed organizational skills and the ability to work within strict deadlines
• Some coaching and/or people management experience
• Skilled in Microsoft Office Outlook, Excel, Word applications
• Strong investigative and problem-solving skills
• Strong analytical aptitude and risk mindset

Nice to Have

• University degree or equivalent experience
• CAMS designation
• Strong knowledge of relevant predicate offences, e.g. fraud knowledge is considered an advantage
• Skilled in open source research

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 high-performing team
• A world-class 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 Training, Business Perspective, Communication, Decision Making, Financial Regulation, Interpersonal Relationship Management, Operational Integrity, Organizational Governance, Process Management, Strategic ThinkingAdditional Job DetailsAddress: 20 KING ST W:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: GROUP RISK MANAGEMENTJob Type: Contract (Fixed Term)Pay Type: SalariedPosted Date: 2025-06-06Application Deadline: 2025-06-21Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion and Equal Opportunity EmploymentAt 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.Join our Talent CommunityStay 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 .

Expected salary

Location

Toronto, ON

Job date

Sun, 08 Jun 2025 00:09:11 GMT

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