Manager, International AML Analysis Team

Position: Manager, International AML Alert Analysis Team

Job Description

What is the opportunity?The International AML Alert Analysis Team (IAMLAAT) provides a triage function within the AML Financial Intelligence Unit (FIU) by reviewing flagged client activity and determining when client activity does not warrant further review and when client activity requires escalation to AML Investigations.

The Manager, International AML Alert Analysis reviews transaction monitoring alerts and UTRs, assesses the client activity against the risks that were identified and determines if the alert warrants further AML investigation. This individual documents the findings/rationale accordingly.
What will you do?

Conduct risk-based reviews of AML transaction monitoring and UTR alerts for all applicable business lines in accordance with IAMLAAT standards to escalate unusual activity for further review and to close false positives.

Gather, research, analyze & evaluate relevant information in a timely manner to determine whether sufficient suspicion exists of money laundering, financing of terrorism or other criminal activities.

Prepare reports that adequately document rationale for escalation or closure to mitigate risk to RBC and provide clear direction and guidance to internal AML investigation partners responsible for further reviewing IAMLAAT’s escalations.

Demonstrate a strong understanding of the various business lines IAMLAAT is responsible for monitoring, including the unique AML risks applicable to those business lines.

Advise/escalate to Senior Manager any trends or issues and take action to propose improvements to workflow, processes, and tools.

Must-have

Undergraduate university degree or equivalent.

2+ years’ experience in financial crime and/or money laundering investigations within banking, law enforcement, or a regulatory body.

Experience with Microsoft Excel

Strong analytical skills

Good Interpersonal / written / verbal communication skills AND proven ability to impact and influence

Nice-to-have

CAMS designation

What’s in it for you? We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and 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

Flexible work/life balance options

Opportunities to do challenging work

Job Skills
AML Investigations, Analytical Thinking, Business, Communication, Transaction Monitoring
Additional Job Details

Address:

WATERPARK PLACE, 20 BAY ST:

TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Final date to receive applications:

Note: Applications will be accepted until 11:59 PM on the day prior to the Final date to receive applications date aboveI
nclusion and Equal Opportunity Employment
At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities.

RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity lified applicants may be contacted to review their resume in more detail.