Manager, High Risk Client Management, PEPs and Embassies

Royal Bank of Canada•Toronto, ON

12d•Onsite

About The Position

The Manager, High Risk Client Management (HRCM) supports the Senior Manager, HRCM and/or Director, HRCM by providing subject matter expertise (SME) in the tactical execution of core risk decisions related to the identification, review, management, and escalation of higher risk clients. This is done using HRC’s risk assessment and enhanced due diligence (EDD) processes to mitigate against financial, regulatory, reputational, and legal risks at RBC using a risk-based approach. The Manager will complete specialized reviews and apply SME to provide analysis and process efficiency improvement. This role also requires the following: assisting in the identification, confirmation, management, and approval process for the on-boarding and periodic review and assessment of high risk clients, as required; and committing to on-going professional development, 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

Post-secondary education or equivalent experience
Demonstrated expertise in financial crime and/or money laundering investigations, oversight, or advisory services within banking, law enforcement, or a regulatory body.
Suspicious Transaction Report (STR) identification, preparation, and filing in compliance with regulatory requirements.
Highly developed oral and written communication skills including in depth policy writing.
Strong strategic skills to build and maintain program design enhancements.
Experience with Microsoft Excel and transactional analytics.
Highly developed organizational skills.
Demonstrated in-depth knowledge of RBC policies and procedures.

Nice To Haves

CAMS designation

Responsibilities

Develop and implement strategies for all activities relating to one or more business units regarding business conduct and ethical relationship standards.
Provide advice and interpretation of Anti-Money Laundering and Anti-Terrorist Financing compliance, including corporate policies and procedures to assigned business unit or units.
Manage the investigation process for alleged violations.
Oversee the development of relevant programs to ensure compliance and reduce risk.