Manager AML Investigation - Correspondent Banking

Job Summary

Job Description

What is the opportunity?

As Manager, you lead by example to deliver results through the combined efforts of the team and by working collaboratively with colleagues and external partners. As the subject matter expert on AML Investigations, with specialization in Correspondent Banking, you mentor staff and lead in the implementation of training into the unit. You conduct and complete risk based investigations into complex matters, through the gathering, analysis and evaluation of relevant information in order to determine whether sufficient suspicion exists of money laundering, financing of terrorism or other criminal activities activities, to justify making a report to the Regulatory Authority.

What will you do?

• Act as subject matter expert to provide specialist advice, guidance and direction on money laundering, financing of terrorism and related issues, seeking guidance and assistance when required
• Collaborate with Team Manager and other investigators within the Financial Intelligence Unit (FIU) to establish, develop and maintain links with internal / external stakeholders to support investigations
• Assist the Team Manager with the implementation of the training program into the team following training to ensure the understanding and processes are followed
• Conduct quality assurance reviews for the Team Manager as directed
• Plan, conduct and complete risk based investigations into relevant matters such as incidents generated by the Insights and Analytics team, referrals from internal partners, etc.
• Maintain accurate records of all investigative actions and decisions taken, ensuring that all material and information obtained is treated in accordance with legal, regulatory requirements and RBC policy
• Gather intelligence from all sources to determine whether suspicion of money laundering, financing of terrorism or other criminal activities exists, to justify making a report to relevant Regulatory Authority
• Promote, support, adhere to RBC’s policies/guidelines on Code of Conduct, Personal & Professional Development, Equal Opportunities, Health & Safety, Data Protection & Information Security

What do you need to succeed?

Must-have

• Excellent communication skills, both oral & written, with good interpersonal skills in order to establish relationships across all levels of the enterprise
• Undergraduate degree in Finance or equivalent
• Sound knowledge of banking platforms, clearing streams, ACH, SWIFT
• Well-developed understanding of correspondent banking payments and trade business
• Proficient online research skills
• Ability to efficiently analyze and interpret large volumes of transactional data and prepare reports to justify investigation outcomes

Nice-to-have

• Correspondent Banking Investigations experience
• Certified Anti-Money Laundering Specialist (CAMS) designation
• Proven track record and solid experience within AML roles

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 and competitive compensation
• 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 Training, Business Perspective, Communication, Decision Making, Financial Regulation, Interpersonal Relationship Management, Operational Integrity, Organizational Governance, Process Management, Strategic Thinking

Additional Job Details

Address:

20 KING ST W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-02-13

Application Deadline:

2024-02-24

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.

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.

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