Manager, High Risk Sectors Strategy, High Risk Client Management

RBC•Halifax, NS

4d•Onsite

About The Position

As Manager, you’ll support the Senior Manager, High Risk Sector Strategy by providing direction and execution of core risk decisions related to the identification, review, management, and escalation of higher risk clients in certain high risk sectors by developing strategy documents for 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.

Requirements

Undergraduate university degree or equivalent
2+ years’ experience in financial crimes and/or money laundering investigations within banking, law enforcement, or a regulatory body
Strong written and verbal communications skills
Proven skills in coordinating problem solving and day-to-day decision-making
Proficiency with the Microsoft Office suite of software

Nice To Haves

CAMS designation
Working knowledge of AML compliance requirements and regulations for Canada, US, Caribbean and other jurisdictions where RBC operates
Awareness of business units within RBC/Industry and how they interact/function
Highly developed writing skills and demonstrated experience in developing policies, guidelines, control standards, etc.

Responsibilities

Support the development, implementation, execution, and ongoing enhancements to the High Risk Sector programs
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
Communicate and follow up with business partners and/or stakeholders to obtain required information and/or documentation pertaining to risk assessments and high risk sector program development to ensure reviews/reports are completed within a timely manner
Provide feedback and support to the business and/or stakeholders to ensure adherence to AML/CTF compliance requirements and to mitigate any financial, regulatory, reputational and legal risk exposure to RBC
Provide insight on key regulatory themes and assess impact and applicability to HRC processes
Provide input into the development of processes, guidance documents, tools and job aids as required, in order to enhance the HRC 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
Contribute to and provide information to support requests from audit, regulators and/or supervisory bodies