Manager AML High Risk Client Management

RBC•Halifax, NS

1d•Onsite

About The Position

As Manager, High Risk Client Management (GTB), you support the Senior Manager by providing direction and execution of core risk decisions related to the identification, review, management, and escalation of higher risk clients. This includes the risk assessment and enhanced due diligence (EDD) processes to mitigate against financial, regulatory, reputational, and legal risks at RBC using a risk-based approach. This role also requires assisting in the identification, confirmation, management, and approval process for the on-boarding and periodic review and assessment of high risk clients, as required. A commitment to ongoing professional development is essential to ensure that individual and collective team knowledge is current and comprehensive, so that outcomes, including decisions and recommendations, are based on a thorough understanding of the risks involved and are made in the context of AML / CTF regulatory requirements.

Requirements

2+ years of strong Financial Crimes, AML/Fraud knowledge to prevent the use for RBC’s financial services for money laundering and terrorist financing.
Demonstrated knowledge of or experience in financial and money laundering crimes/High Risk.
Knowledge of and/ or experience in AML Compliance, Financial Crimes investigations (or within law, with working knowledge of AML compliance requirements and regulations for Canada, US, Caribbean and other jurisdictions where RBC operates).
Skilled in Microsoft Office Outlook, Excel, Word applications.
Post-secondary education or equivalent experience.

Nice To Haves

Some management experience.
CAMS designation.
Enhanced Due Diligence of High-Risk Clients.
Knowledge of the RMAs, Correspondent Banking and Trade Finance.

Responsibilities

Prioritize and manage HRC EDD risk assessment workflow for units supported by the HRC Team and ensure that the Global Standards for Client Risk Management (CRM) and EDD are executed consistently.
Partner with the FIU, Insights & Analytics, and Global AML Compliance to ensure that HRC risk assessments are appropriately coordinated, routed, and escalated where relevant, using a risk-based approach.
Manage the execution of the HRC processes (including on-boarding and periodic review) and ensure, where applicable, all regulatory timeframes are met.
Work with business partners and stakeholders to ensure that, where applicable, all issues / reviews are escalated appropriately within defined timelines and in accordance with RBC’s policies and procedures.
Help individuals and teams achieve high performance through building capabilities and effective coaching and performance management.
Effectively communicate with business partners and stakeholders to ensure a high degree of service standards and client care focus is maintained.
Provide input into the development of processes, guidance documents, tools and job aids as required, in order to enhance the HRS 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
Ability to make a difference and lasting impact
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