Royal Bank of Canada
Job title:
Manager, GTB AML Transaction Monitoring
Company
Royal Bank of Canada
Job description
Job Summary The manager, GTB Transaction Monitoring is mandated to develop and maintain an efficient and effective AML/ATF Transaction Monitoring program that considers regulatory expectations, industry trends and innovation opportunities.Job DescriptionWhat is the opportunity?Utilizing sophisticated tools and techniques, the Manager, GTB AML Transaction Monitoring will develop and tune new and existing solutions used to identify suspicious activity, analyze data to identify Correspondent Banking clients who present an elevated level of risk (financial & reputational) and continuously look for opportunities to provide more relevant and valuable intelligence to the Global AML program.What will you do?Development & Maintenance of AML Transaction Monitoring Solutions:Develop and maintain a documented Transaction Monitoring Methodology and related Model White Papers for all transaction monitoring modelsSelect, design, build, implement and maintain transaction monitoring solutions necessary to provide effective controls and surveillance of identified AML/ATF risksThrough quantitative and qualitative analysis establish thresholds and parameters used in Monitoring modelsManage independent reviews (auditors, regulators, Model Validation etc) of monitoring solutionsCollaborate with other Monitoring & Analytics teams to identify and remediate RBC risk exposure, and implement / tune transaction monitoring solutions as necessary to address riskAct as SME for data requirements used in transaction monitoring solutionsTransaction Monitoring Operational Support & Analysis:Collaborate with the Senior Manager to prioritize development of monitoring solutionsCollaborate with other Monitoring & Analytics teams to identify and remediate RBC risk exposure, and implement / tune transaction monitoring solutions as necessary to address riskProvide project support relating to the development of AML Transaction Monitoring solutionsProduce and analyze alert volume and projections reports and investigate anomaliesEscalation and tracking of data related issues impacting efficiency and effectiveness of transaction monitoring solutionsSupport with the development of investigator tool kitsOversee the development and implementation of tactical and supplementary transaction monitoring solutionsSubject matter support on all projects impacting transaction monitoringResearch and Development:Transaction monitoring innovation lead for new analytics/quantitative transaction monitoring methods and technologiesCollaborate with business partners, industry peers and external vendors to improve effectiveness and efficiency of transaction monitoring programIdentifying industry best practices and new technologies for strategic consideration by the AML Monitoring and AML Governance CommitteeWhat do you need to succeed?Must-haveStrong data, analytical, quantitative method and problem solving skillsProficient with SAS and its macro language, SQL. Other expertise with Python, Hadoop, PySpark, or other related experience.Expertise in analyzing and manipulating large datasets with Python and SASProficiency and familiarity with different SQL databases and GitHubExperience in using data visualizations to elaborate model performance with PythonUnderstands project’s needs and ability to translate these into detection modelsProven excellent written and oral communication skills to convey complex concepts to a non-technical audienceStrong capability in exploratory data analysis (correspondence analysis, principal component analysis, cluster analysis)Knowledge of Banking products is a bonus (Wire, Paper Items, Cash Management)Nice-to-haveGraduate degree (MBA or relevant subject matter area)Certified Anti-Money Laundering Specialist (CAMS) designation or other related certificationWhat’s in it for you?We thrive on the challenge to be our best, thinking progressively 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 benefitsLeaders who support your development through coaching and managing opportunitiesAbility to make a difference and lasting impactWork in an agile, collaborative, progressive, and high-performing teamThe opportunity to interface with executives from many different parts of the organizationJob Skills Anti-Money Laundering (AML), Communication, Data Gathering Analysis, Detail-Oriented, Financial Regulation, Fraud Risk Management, Group Problem Solving, Internal Controls, Operational Integrity, Process Management, Python (Programming Language), SASAdditional Job DetailsAddress: 20 KING ST W:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: GROUP RISK MANAGEMENTJob Type: RegularPay Type: SalariedPosted Date: 2024-10-15Application Deadline: 2024-10-30Inclusion 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
Thu, 17 Oct 2024 01:23:00 GMT
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