At a Glance
- Tasks: Conduct oversight testing to identify risks and enhance financial crime controls.
- Company: Join RBC, a leading bank committed to integrity and collaboration.
- Benefits: Enjoy competitive pay, flexible benefits, and opportunities for professional growth.
- Other info: Dynamic work environment with a focus on teamwork and innovation.
- Why this job: Make a real impact in combating financial crimes across Canada and the Caribbean.
- Qualifications: 3+ years in AML compliance with strong analytical and communication skills.
The predicted salary is between 81000 - 99000 $ per year.
The successful incumbent will conduct second line of defence (“2LoD”) oversight testing of the Royal Bank of Canada (“RBC”) Financial Crime (“FC”) units and controls that operate across Canada and the Caribbean regions, as defined by the approved Financial Crimes Oversight Testing – Canada, Caribbean, Central (“FCOT Central”) plan/schedule.
You will complete oversight testing activities, including (but not limited to): facilitating business process/control walkthroughs, assisting in drafting test plans, creating and executing operational and design effectiveness testing and related working papers, issue identification, development and validation of issue action plans, and aiding in the formulation of the executive reporting.
As an AML compliance 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, and regulatory reporting.
What will you do?
- Perform oversight testing to identify and analyze potential deficiencies or control gaps within the RBC FC department.
- Conduct test planning, fieldwork, reporting, and issues management related tasks on key RBC FC programs and in scope business processes/controls.
- Maintain continuous communication and effective engagement with management and stakeholders on the development, progress and results of our oversight testing engagements.
- Establish, develop, and maintain solid business relationships with internal and external partners.
- Identify and maintain awareness of emerging risks relevant to effective compliance testing practices, FC programs and controls.
- Champion the identification of areas requiring enhancement and efficiency within the testing program.
- Participate in strategic discussions to drive efficiency/productivity through testing initiatives.
What do you need to succeed?
- At least three years of experience in AML SME within a second line or audit testing function.
- Sound knowledge of international laws and regulations related to AML, ATF, ABAC and Sanctions.
- Working background/experience with major business segments of RBC or other global financial institutions.
- Strong written and oral communication skills; business writing experience.
- Very strong interpersonal and analytical skills.
- Bachelor’s Degree or equivalent work experience.
- Very good working knowledge of Microsoft suite of software.
Nice to have:
- Certified Anti-Money Laundering Specialist (CAMS).
- Certified Internal Auditor (CIA).
- Certified Financial Crimes Specialist (ACFS).
What’s in it for you?
- A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensation.
- Leaders who support your development through coaching and managing opportunities.
- Opportunity to make a difference and have a lasting impact.
- Flexible work/life balance options.
- Work in a dynamic and challenging work environment with a collaborative, progressive, and high-performing team.
Manager, Financial Crimes Oversight Testing in Toronto employer: RBC
RBC is an exceptional employer that fosters a dynamic and inclusive work culture, where innovation thrives and employees are empowered to grow. As a Senior Director in Toronto, you will lead a talented team in developing cutting-edge AI solutions that transform the banking experience for millions, while enjoying comprehensive benefits, professional development opportunities, and a commitment to community impact. Join us to be part of a collaborative environment that values diverse perspectives and champions your success.
