2026 Fall - GRM, AML High Risk Client Management Intern (4 Months - Bedford, NS & Toronto, ON)

Royal Bank of Canada • Bedford, NS

11d • Hybrid

About The Position

The Analyst, AML High Risk Client Management (Coop Student) will provide support and assistance to the various teams within High Risk Client Management in conducting Enhanced Due Diligence (EDD) and assessing money laundering and terrorist financing risk on clients and prospect clients.

Requirements

• Pursuing a University degree
• Strong written and oral communication skills
• Excellent interpersonal skills
• Strong investigative and problem solving skills
• Strong analytical aptitude and risk mindset
• Ability to work under pressure of tight deadlines, multiple tasks, and quick decisions
• Skilled in Microsoft Office Outlook, Excel, Word applications (Level 2 or above)

Nice To Haves

• Knowledge of banking systems and processes
• Strong AML knowledge – CAMS designation preferable
• Demonstrated knowledge of, or experience in, AML Compliance, Financial Crimes investigations (within law enforcement or the financial sector), or financial regulatory oversight
• Strong knowledge of relevant predicate offences, e.g., fraud, is considered an advantage
• Experience working in law enforcement or the financial sector or financial regulatory oversight
• Skilled in open source research

Responsibilities

• Conduct AML and TF analyses for higher risk clients in order to identify Key Risk Indicators (KRI) for the purpose of mitigating financial, regulatory, reputational and legal risks to RBC.
• Conduct research and investigations using RBC approved techniques and tools to evaluate if a client presents a higher level of money laundering / terrorist financing, regulatory and reputational risk to the Bank.
• Prepare accurate, organized, high quality written client risk assessments in order to provide a clear understanding of risks involved and to effectively communicate findings and recommendations.
• Prioritize and prepare client risk assessments within defined RBC guidelines, policies and procedures, using a risk based approach, in order to facilitate Senior Management decision and approval.
• Assign an appropriate risk rating to the bank’s clients in accordance with RBC’s risk rating methodology.
• Review, triage and assess alerts and referrals in accordance with RBC policies and procedures to determine if further investigation is required.
• Initiate and/or execute due diligence to determine whether an EDD review is required and if warranted, ensure the required information / documents have been received in order to understand the extent of the client relationship.

Benefits

• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work and make a difference
• Opportunities to building close relationships

What This Job Offers

• Job Type: Full-time
• Career Level: Intern
• Number of Employees: 101-250 employees