Senior Manager, Financial Crimes Oversight Testing Program Oversight

Job title:

Senior Manager, Financial Crimes Oversight Testing Program Oversight

Company

Royal Bank of Canada

Job description

Job SummaryJob DescriptionWhat is the opportunity?As Senior Manager, you will support the Director of Financial Crimes Oversight Testing (FCOT) Program Oversight, to ensure all FCOT Standards and Procedures are in place to effectively assess the Financial Crimes control environment at RBC.What will you do?

• Develop and maintain FCOT Standards, Procedures, and Guidelines, consistent with RBC requirements, to support the maintenance, communication, and training of FCOT methodologies.
• Provide support to FCOT teams globally on the interpretation of FCOT methodologies.
• Work with contacts in FCOT, Financial Crimes, and other related stakeholders to interpret regulatory and internal policy requirements and ensure FCOT methodologies are aligned with global regulatory expectations and industry best practices.
• Maintain in depth knowledge of Anti Money Laundering (AML), Anti-Terrorist Financing (ATF), Sanctions, and Anti-Bribery and Anti-Corruption (ABAC) legislation globally and become familiar with regulatory changes within the international Financial Crime landscape.
• Provide feedback and training to the global FCOT Monitoring & Testing teams to ensure consistency in the execution of FCOT methodologies.
• Proactively identify risks, trends, themes and systemic breakdowns within AML, ATF, Sanctions, and ABAC related controls at RBC so appropriate remediation can occur.
• Work to develop a quality assurance program for second line global Financial Crimes Monitoring & Testing teams, to ensure activities and outputs comply with FCOT standards and procedures.
• Prepare management responses and materials as requested by internal audit and regulators.
• Support ad hoc projects and initiatives to align with leading practices.

What do you need to succeed?Must-have

• 5+ years of experience working in an audit or control assessment, policy or procedure documentation, risk or compliance methodologies roles at a financial institution.
• Knowledge of testing techniques and practices to assess AML, ATF, Sanctions, and ABAC control environments.
• Knowledge of relevant policies, trends and best practices related to AML, ATF, Sanctions, ABAC, Compliance, or Risk Management.
• Proven communication skills, impact and influence, and strategic problem-solving competencies.
• Demonstrated prioritization and coordination skills with the ability to manage several complex deliverables at the same time.
• Strong data analysis and MS Office presentation skills.
• Undergraduate degree or specific related experience.

Nice-to-have

• Graduate degree, accounting or audit designation.
• Certified Anti-Money Laundering Specialist (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 applicableLeaders who support your development through coaching and managing opportunitiesAbility to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamOpportunities to do challenging workOpportunities to take on progressively greater accountabilitiesFlexible work/life balance optionsJob Skills Anti-Money Laundering (AML), Business Perspective, Communication, Decision Making, Financial Regulation, Interpersonal Relationship Management, Operational Integrity, Organizational Governance, Policy Administration, Policy Change, Policy Management, Process Management, Quality Assurance (QA), Quality Assurance (QA) Standards, Quality Assurance Management (QAM), Strategic Thinking, Testing Methodology, Validation TestingAdditional Job DetailsAddress: 20 KING ST W:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: GROUP RISK MANAGEMENTJob Type: RegularPay Type: SalariedPosted Date: 2024-10-11Application Deadline: 2024-10-26Inclusion and Equal Opportunity EmploymentAt 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.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, 13 Oct 2024 03:17:30 GMT

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