Senior Manager, Financial Crimes Oversight Testing

RBC

2d•Onsite

About The Position

The opportunity is to manage a second line of defence (“2LoD”) oversight testing team responsible for executing the Royal Bank of Canada (“RBC”), Financial Crimes Oversight Testing – Canada, Caribbean, Central (“FCOT Central”) program. This lead role will contain the execution and achievement of periodic and ad-hoc oversight testing engagements of RBC Financial Crime (“FC”) units and controls that operate across Canada and the Caribbean, including Target Operating Model controls. This is a people manager role, and you are therefore responsible for leading a team of qualified AML compliance risk professionals. You will lead by example, mentor, coach and supervise the performance of 1-5 FCOT Central reporting AML team member professional, while ensuring to develop these reporting individuals to meet the requirements of the FCOT program. As an AML compliance risk subject matter expert for the Canadian and Caribbean regulatory jurisdictions, you will be proactively identifying risks, trends, themes, and systemic breakdowns within the FC AML and operational controls. Testing areas of focus will include: AML advisory, anti-bribery/anti-corruption, financial intelligence units, global economic sanctions, high risk client management, regulatory reporting, are illustrations of our FCOT universe.

Requirements

Must have Bachelor’s Degree (e.g. Finance, Accounting, Economics, Criminology etc.) or equivalent
5-7 years of experience within AML
5-7 years or experience within Financial Crimes
2-4 years of experience within a 2nd line or audit testing function
1-2 years of experience in people management

Nice To Haves

CAMS Certification, Certified Internal Audit, Association of Financial Crimes Specialists (ACFS), related designation(s)/certification(s).

Responsibilities

Lead testing engagements, manage escalations, and appropriately provide timely reporting to senior leadership and stakeholders on the results of assigned review engagement(s)
Lead and develop team members, offering real-time review engagement guidance, constant team monitoring and assignment of review tasks to meet timeline expectation, conduct credible challenge engagement, undertaking testing endeavours when required, aid in the development of test planning, fieldwork execution, executive report assembly and ensuring to continually support team members to meet an excellent standard.
Manage the team by providing focus and clarity in establishing goals, driving performance management, supporting career development, and rewarding strong performance
Perform data analytics to identify opportunities that can be used to conduct testing at the macro level
Identify and solution areas for opportunities to gain efficiencies within the FCOT Central team program
Document, implement and keep abreast of regulatory and internal control changes
Co-ordinate testing between QAR and Internal Audit to minimize testing duplication, stakeholder engagement while maximizing efficiency
Maintain schedule of testing activities and communicate plan with stakeholders
Establish, develop and maintain strong relations with internal and external partners
Follow up and track issues and ensure resolution in a timely manner
Ensure all paper and electronic files are maintained appropriately, create and maintain various AML documentation suitable for Audit and Regulatory review

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
Opportunities to do challenging work
Opportunities to take on progressively greater accountabilities
Opportunities to building close relationships with clients
Access to a variety of job opportunities across business and geographies