Manager, AML Investigations - Correspondent Banking

RBC • Toronto, ON

7d • Onsite

About The Position

As Manager, you lead by example to deliver results through the combined efforts of the team and by working collaboratively with colleagues and external partners. As the subject matter expert on AML Investigations, with specialization in Correspondent Banking, you mentor staff and lead in the implementation of training into the unit. You conduct and complete risk based investigations into complex matters, through the gathering, analysis and evaluation of relevant information in order to determine whether sufficient suspicion exists of money laundering, financing of terrorism or other criminal activities activities, to justify making a report to the Regulatory Authority.

Requirements

• Excellent communication skills, both oral & written, with good interpersonal skills in order to establish relationships across all levels of the enterprise
• Undergraduate degree in Finance or equivalent
• Sound knowledge of banking platforms, clearing streams, ACH, SWIFT
• Well-developed understanding of correspondent banking payments and trade business
• Proficient online research skills
• Ability to efficiently analyze and interpret large volumes of transactional data and prepare reports to justify investigation outcomes

Nice To Haves

• Correspondent Banking Investigations experience
• Certified Anti-Money Laundering Specialist (CAMS) designation
• Proven track record and solid experience within AML roles

Responsibilities

• Act as subject matter expert to provide specialist advice, guidance and direction on money laundering, financing of terrorism and related issues, seeking guidance and assistance when required
• Collaborate with Team Manager and other investigators within the Financial Intelligence Unit (FIU) to establish, develop and maintain links with internal / external stakeholders to support investigations
• Assist the Team Manager with the implementation of the training program into the team following training to ensure the understanding and processes are followed
• Conduct quality assurance reviews for the Team Manager as directed
• Plan, conduct and complete risk based investigations into relevant matters such as incidents generated by the Insights and Analytics team, referrals from internal partners, etc.
• Maintain accurate records of all investigative actions and decisions taken, ensuring that all material and information obtained is treated in accordance with legal, regulatory requirements and RBC policy
• Gather intelligence from all sources to determine whether suspicion of money laundering, financing of terrorism or other criminal activities exists, to justify making a report to relevant Regulatory Authority
• Promote, support, adhere to RBC’s policies/guidelines on Code of Conduct, Personal & Professional Development, Equal Opportunities, Health & Safety, Data Protection & Information Security

Benefits

• A comprehensive Total Rewards Program including bonuses and flexible benefits and competitive compensation
• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work

What This Job Offers

• Job Type: Full-time
• Career Level: Manager