KYC Onboarding Analyst

RBC•Toronto, ON

1d•Onsite

About The Position

Support the timely on-boarding and maintenance activities for prospect and existing clients whilst maintaining the integrity of the data at all times. Perform preliminary due diligence assessments, collect updated KYC information and conduct sanctions name screening assessments to fulfil KYC laws and regulation obligations. Identify and escalate risk factors such as high-risk industries and client types for enhanced due diligence (EDD) assessments in accordance to RBC’s risk appetite framework. Fulfil collection of OTC derivative requirements related to trade reporting and swap execution rules. Conduct open source and paid-source due diligence searches to satisfy onboarding requirements. Manage a pipeline of requests and continuously update the pipeline workflow for operational efficiency. Prioritize requests by expected business deadlines dates and demonstrate flexibility to work on urgent requests. Maintain strong organizational skills by managing incoming correspondence, updating pipeline trackers and processing updates in KYC lifecycle workflow systems. Provide subject matter expertise on CDD requirements to internal stakeholders and clients by demonstrating knowledge of policy and procedural requirements. Be an effective communicator to provide regular updates on case statuses and respond to inquiries within 24-48 hours. Engage collaboratively with Business and Compliance partners to address operational issues. Partner with cross-regional KYC Onboarding teams to provide continuous time zone coverage. Act as one team to meet team targets and improve knowledge base by continuously updating internal training materials. Participate in intra-day and/or after-hours system testing for technology enhancements. Subscribe to ad-hoc projects while maintaining high productivity levels.

Requirements

Capital Markets
Client Due Diligence
Communication
Critical Thinking
Data Gathering Analysis
Deadline Management
Decision Making
Due Diligence
Due Diligence Assessments
Industry Knowledge
Internal Controls
Internal Stakeholders
Interpersonal Relationship Management
Name Screening
Onboarding
Operational Efficiency
Prioritization
Product Services
Risk Management
Risk Profile
Strategic Thinking

Responsibilities

Support the timely on-boarding and maintenance activities for prospect and existing clients whilst maintaining the integrity of the data at all times
Perform preliminary due diligence assessments, collect updated KYC information and conduct sanctions name screening assessments to fulfil KYC laws and regulation obligations
Identify and escalate risk factors such as high-risk industries and client types for enhanced due diligence (EDD) assessments in accordance to RBC’s risk appetite framework
Fulfil collection of OTC derivative requirements related to trade reporting and swap execution rules
Conduct open source and paid-source due diligence searches to satisfy onboarding requirements
Manage a pipeline of requests and continuously update the pipeline workflow for operational efficiency
Prioritize requests by expected business deadlines dates and demonstrate flexibility to work on urgent requests
Maintain strong organizational skills by managing incoming correspondence, updating pipeline trackers and processing updates in KYC lifecycle workflow systems
Provide subject matter expertise on CDD requirements to internal stakeholders and clients by demonstrating knowledge of policy and procedural requirements
Be an effective communicator to provide regular updates on case statuses and respond to inquiries within 24-48 hours
Engage collaboratively with Business and Compliance partners to address operational issues
Partner with cross-regional KYC Onboarding teams to provide continuous time zone coverage
Act as one team to meet team targets and improve knowledge base by continuously updating internal training materials
Participate in intra-day and/or after-hours system testing for technology enhancements
Subscribe to ad-hoc projects while maintaining high productivity levels