Manager- AML Trade Surveillance

Position: Manager- AML Trade Surveillance (12 month contract)

Job Description

What is the opportunity?

Lead by example, to deliver results through the combined efforts of the team and collaborative working with colleagues and external partners. Conduct and complete risk based investigation into matters referred to the Unit, through the gathering, analysis and evaluation of relevant information in order to determine whether sufficient suspicion exists of money laundering, financing of terrorism or other criminal activities, to justify making a report to the Regulatory Authority for the purpose of complying with legislative/regulatory requirements, and mitigating risk to RBC in line with established organisational policy

What will you do?

• Act as SME to provide specialist advice, guidance and direction to team members on money laundering, financing of terrorism and related issues, seeking guidance and assistance when required from the Team Manager and other colleagues, to support the achievement of organisational objectives and regulatory requirements
• Collaborate with the Team Manager, the team of analysts to establish, develop and maintain links with internal/external stakeholders and other community contacts to support investigation requirements and the AML FIU
• Assist the Team Manager with implementation of the training program into the team following training to ensure the understanding and processes are followed
• Plan, conduct and complete risk based investigation into relevant matters referred to the Unit in line with approved processes, including but not limited to those originating from:
  • Incidents generated by the Insights and Analytics team from an analysis of the results of media scans and matches from name scanning against relevant PEP, Economic Sanctions and Terrorism Lists
  • Incidents generated by Unusual Transaction Reporting (UTR) via internal partners
  • Referrals from internal partners and other business Units (via mailbox)
• Maintain accurate, contemporaneous records of all investigative actions and decisions taken, ensuring that all material and information obtained is treated in accordance with legal and regulatory requirements and RBC policy
• Gather information/intelligence from all available sources, in order to determine whether sufficient suspicion of money laundering, financing of terrorism or other criminal activities exist, to justify making a report to the relevant Regulatory Authority for the purpose of complying with legislative/regulatory requirements, and mitigating risk to RBC in line with established organisational policy
• Prepare relevant reports as required including documentation in support of any action proposed based on the results of investigations
• Promote, support and adhere to RBC’s policies and guidelines on Code of Conduct, Personal and Professional Development, Equal Opportunities, Health and Safety, Data Protection and Information Security, in accordance with published Policy/Guidance documents and protocols

• Work with the Global AML FIU Investigation Team and other FIU partners to ensure that investigations are conducted within defined timelines and are escalated in accordance with relevant policy

What do you need to succeed?

Must-have:

• AML background in Canadian Banking
• Strong leadership skills
• Excellent communication skills, both oral & written, with good interpersonal skills in order to establish relationships across all levels of the enterprise
• Undergraduate degree in Finance or equivalent
• Ability to work well in a team setting
• possess a strong understanding of the securities industry

Nice-to-have:

• Certified Anti-Money Laundering Specialist (CAMS) designation
• Canadian Securities Course (CSC)
• Conducts and Practices Handbook (CPH)

Job Skills

Anti-Money Laundering (AML), Communication, Data Gathering Analysis, Detail-Oriented, Financial Regulation, Fraud Risk Management, Group Problem Solving, Internal Controls, Operational Integrity, Process Management

Additional Job Details

Address:

20 KING ST W:

TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Contract (Fixed Term)

Pay Type:

Salaried

Posted Date:

Final date to receive applications:

Note: Applications will be accepted until 11:59 PM on…