Analyst, High Risk Client Management (MSB)
About The Position
As Analyst, High Risk Client Management you will conduct Enhanced Due Diligence (EDD) analysis within the High Risk Sectors Cannabis Team, in order to assess whether a client is within the RBC’s AML Risk Appetite. These analyses are conducted at onboarding and on an ongoing basis and involve research using RBC approved techniques and tools to identify high risk factors. You prepare client risk assessments to effectively communicate the materiality of any AML risk exposure, such as Money Laundering (ML), Terrorist Financing (TF), high risk sector, sanctions and material relevant adverse information, etc. for Senior Management’s review and approval.
Requirements
- Knowledge of and/ or experience in AML Compliance, Financial Crimes investigations, working knowledge of AML compliance requirements and regulations for Canada
- Experience working in law enforcement or the financial sector or financial regulatory oversight
- Skilled in Microsoft Office Outlook, Excel, Word applications
- Strong investigative and problem-solving skills
- Strong analytical aptitude and risk mindset
- University degree or equivalent experience
Nice To Haves
- CAMS designation
Responsibilities
- Conduct research and investigations using RBC approved techniques and tools to evaluate if a client presents a higher level of ML / TF, regulatory and reputational risk to the Bank
- Work with business partners and stakeholders to ensure that all issues /reviews are escalated appropriately within defined timelines and in accordance with RBC’s policies and procedures
- Effectively communicate with business partners and stakeholders to ensure a high degree of service standards and client care focus is maintained
- Assess self-training and self-development needs based on the requirements of the role in order to facilitate review of Personal Development plan with Manager/ Senior Manager as required
- Complete mandatory RBC training on a timely basis and keep abreast of current industry knowledge, best practices, and skills sets relevant to AML/CTF, and other related regulatory
- Provide input into the development of processes, guidance documents, and job aids as required, to enhance the HRCM 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
Benefits
- bonuses
- flexible benefits
- competitive compensation
- commissions
- 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
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
