Manager

Job title:

Manager

Company

Royal Bank of Canada

Job description

Job SummaryJob DescriptionWhat is the opportunity?
As a manager, you will work as an integral member of the AML Financial Intelligence Unit (FIU) Investigations team. Through the gathering, analysis and evaluation of relevant information, you will determine whether sufficient suspicion exists of money laundering, financing of terrorism or other criminal activities, to justify making a report to the Regulatory Authority. As a manager, you play a key role in complying with legislative/regulatory requirements, and mitigating risk to RBC, in line with established RBC policy.What will you do?

• Act as subject matter expert to provide specialist advice, guidance and direction to team members on money laundering, financing of terrorism and related issues, seeking guidance and assistance when required from the Senior Manager and other colleagues, to support the achievement of organizational objectives and regulatory requirements.
• Collaborate with the Senior Manager, the team of analysts to establish, develop and maintain links with internal / external stakeholders and other community contacts to support investigation requirements and the AML-FIU.
• Assist the Senior Manager with implementation of the training program to ensure understanding and adherence to processes
• Conduct quality assurance reviews for the Senior Manager when required by the Senior Manager
• Plan, conduct and complete risk-based investigations into relevant matters referred, with approved processes, including but not limited to those originating from:

• Alerts/incidents escalated based team of analysts for investigation by interna/external sources
• Incidents generated by the Insights and Analytics team from an analysis of the results of media scans and matches from name scanning against relevant PEP, Economic Sanctions and Terrorism Lists
• Referrals from internal partners and other business Units

• Maintain accurate, contemporaneous records of all investigative actions and decisions taken, ensuring that all material and information obtained is treated in accordance with legal and regulatory requirements and RBC policy
• Gather information/intelligence from all available sources, in order to determine whether sufficient suspicion of money laundering, financing of terrorism or other criminal activities exists, to justify making a report to the relevant Regulatory Authority for the purpose of complying with legislative/regulatory requirements, and mitigating risk to RBC in line with established organizational policy
• Promote, support and adhere to RBC’s policies and guidelines on Code of Conduct, Personal and Professional Development, Equal Opportunities, Health & Safety, Data Protection and Information Security, in accordance with published Policy / Guidance documents and protocols

What do you need to succeed?Must-have

• Understanding of money laundering process in general and knowledge of various money laundering indicators
• Strong investigative, critical thinking and analytical skills and the ability to apply them in various scenarios
• Strong verbal and written communication skills. The ability to gather and present complex information in a simple and concise manner is essential for this role
• Completion of an undergraduate degree in a relevant field of study (i.e. accounting, business, political science, criminology)
• At a minimum, an Intermediate proficiency level of skill in Microsoft Excel & Microsoft Word

Nice-to-have

• Working background/experience with the major business segments of RBC
• ACAMS Certification

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.

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

Job Skills Anti-Money Laundering (AML), Communication, Data Gathering Analysis, Detail-Oriented, Financial Regulation, Fraud Risk Management, Group Problem Solving, Internal Controls, Operational Integrity, Process ManagementAdditional Job DetailsAddress: 20 KING ST W:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: GROUP RISK MANAGEMENTJob Type: RegularPay Type: SalariedPosted Date: 2024-10-23Application Deadline: 2024-10-31Inclusion 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

Fri, 25 Oct 2024 04:00:13 GMT

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