Manager, Sanctions Program Oversight

Job Description

The Global Economic Sanctions (GES) team is a unique function within the Financial Crimes that provides support to Global Financial Crimes teams and Business Units at an enterprise level for Canadian, US, UK, EU/Europe, APAC and Caribbean economic sanctions.

We are seeking a highly motivated Manager to support the execution and continuous enhancement of the Sanctions Program Governance and Oversight, with a focus on Sanctions Risk Assessment process, including drafting reports, reviewing control effectiveness, and reviewing / interpreting data outputs.

This role involves participating in the execution of enterprise questionnaires, reviewing and challenging inputs and outputs, and helping ensure consistency, traceability, and automation across the risk assessment lifecycle.

• Support the end-to-end execution of sanctions risk assessment activities across business units and jurisdictions.
• Conduct the Review and Challenge of
  • Sanctions Control Self-Assessments Questionnaires
  • Qualitative Risk Questionnaires
  • Product & Service Questionnaires
• Review data which feeds into the risk assessment to calculate quantitative risk rating, and conduct Review & Challenge on calculation outputs and quantitative risk metrics.
• Analyze client, transaction, and product data to draw meaningful risk observations and help identify inconsistencies, high-risk patterns, or data quality concerns.
• Support the completion of enterprise-wide questionnaires and coordinate with local teams on jurisdiction-specific input.
• Produce risk assessment result visualization and draft formal Sanctions Risk Assessment Reports.
• Collaborate with compliance, data, and technology stakeholders to discuss input/output data and resolve risk assessment-related queries.
• Perform other sanctions governance responsibilities, as required, including
  • Produce sanctions dashboard and management reporting on sanctions compliance program.
  • Assist in audit, testing or regulatory exams related to sanctions.
  • Assist in tracking and closing sanctions-related issues.
  • Assess and review sanctions policies and procedures developed by global business units and/or local compliance teams; review and recommend amendments to the enterprise sanctions policy based on knowledge of the global sanctions environment.
  • Develop and update sanctions related training.
  • Complete other ad-hoc assignments supporting GES program oversight team.

• 3+ years of experience in sanctions, financial crimes, compliance, internal audit, 2nd line testing, or regulatory reporting within financial services.
• Experience working with data inputs/outputs and interpreting them in a business or risk context.
• High proficiency in data analytics and Microsoft Excel (e.g. pivot table, complex formula, etc.)
• Strong communication skills and experience engaging with senior stakeholders.
• Excellent writing and analysis skills, particularly in formal risk assessment reporting and result visualization.

• Experience with risk assessments or quality assurance reviews.
• CAMS, CSS or equivalent sanctions or AML certification.

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.

You have the potential to earn more through RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

RBC’s compensation philosophy and principles recognize the importance of a…