Senior Manager, CUSO Financial Crimes Risk Assessment

What is the opportunity?

The Senior Manager, CUSO Financial Crimes Risk Assessment, support in the execution and ongoing maintenance of Financial Crimes (“FC”) Risk Assessments, inclusive of Anti-Money Laundering (“AML”), Sanctions, and Anti-Bribery/Anti-Corruption (“ABAC”) for covered units in the Combined U.S. Operations (“CUSO”). Further, the Senior Manager will have accountability in ensuring that data used for FC Risk Assessments is fit for purpose and meets the expectations of Financial Crimes management and U.S. regulators.

• Liaise with First and Second Lines of Defense (“1
  
  LOD/2
  
  LOD”) stakeholders to source data
• Perform effective review and challenge on the FC Risk Assessment data
• Facilitate the completion of Risk Assessment questionnaires (e.g., Controls Self-Assessment, Qualitative Risk, etc.) and related processes, as defined within the methodology
• Identify opportunities for training, communication, and procedural enhancements based upon observations or issues found within the FC Risk Assessment and/or its data
• Liaise with 1
  
  LOD/2
  
  LOD teams to ensure consistent use of data for FC Risk Assessment
• Ensure that data sources, definitions, and uses are clearly defined and appropriately documented, as appropriate
• Work with the appropriate Data Management stakeholders within 1
  
  LOD/2
  
  LOD to ensure data sources, definitions, and uses are consistent with Enterprise Standards
• Maintain documentation supporting data inputs of the Risk Assessment, as appropriate
• Support the Director, CUSO Financial Crimes Risk Assessment in engaging Enterprise teams in data issues related to FC Risk Assessment.

• Education Level: University degree or equivalent experience
• Experience:
  
  At least 5-7 years of risk and compliance management, and/or governance practices, including a working knowledge of financial crime related program requirements relating to BSA, OFAC and other relevant U.S. regulations
• Knowledge and experience developing, coordinating, and preparing processes for extraction and consistent use of data, ensuring data quality, and interpreting FC-related data
• Working knowledge of systems, technology, and databases
• Strong knowledge of Microsoft suite software (e.g., Word, Excel, PowerPoint)

• Broad knowledge of banking and investment products/services and understanding of FC-related risks (i.e., money laundering, terrorist financing, sanctions, bribery and corruption)

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 include competitive compensation and flexible benefits
• 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.
• Opportunities to do challenging work.
• Opportunities to build close relationships with clients.

• Anti-Money Laundering (AML)
• Business Perspective
• Communication
• Decision Making
• Financial Regulation
• Interpersonal Relationship Management
• Operational Integrity
• Organizational Governance
• Process Management
• Strategic Thinking

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: 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 above

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.