Manager, CUSO Financial Crime Risk Assessment

Royal Bank of Canada • Jersey City, NJ

416d • $80,000 - $135,000

About The Position

The Manager, CUSO Financial Crime Risk Assessment is responsible for supporting the Director in executing comprehensive financial crimes risk assessments for RBC U.S. Financial Institutions. This role ensures that assessments meet regulatory expectations and are fit for purpose, focusing on areas such as anti-money laundering, economic sanctions, and anti-bribery and anti-corruption measures.

Requirements

• University degree or equivalent experience
• At least 4-7 years of risk and compliance management, and/or governance practices
• Working knowledge of financial crime related program requirements relating to BSA, USA PATRIOT Act, OFAC, and FCPA
• Experience developing, coordinating, and preparing management reporting
• Ability to understand and articulate financial crime risks
• Adaptable to changing circumstances/priorities

Nice To Haves

• Demonstrated experience contributing to the implementation of financial crimes risk assessment procedures, training/communications, and internal controls.

Responsibilities

• Support the timely execution of comprehensive Financial Crimes Risk Assessments across CUSO.
• Liaise with first and second line of defense stakeholders in the execution of Risk Assessments.
• Facilitate the completion of the risk assessment questionnaires and related processes defined within the methodology.
• Identify opportunities for training, communications, and procedural enhancements based upon observations or issues found within the risk assessments.
• Liaise with onboarding, transaction monitoring, scanning and other control groups to ensure consistent implementation of risk assessment results.
• Ensure that risk assessments are appropriately documented and escalated.
• Ensure Control Self Assessments align with the Risk and Control Matrix and issues management.
• Maintain documentation supporting the inputs of the Risk Assessments.

Benefits

• Disability insurance
• Health insurance
• Dental insurance
• 401(k)
• Paid time off
• Vision insurance
• 401(k) matching

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree