Analyst, High Risk Client Management (MSB)

RBC•Halifax, NS

6d•Onsite

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