FINTRAC Reporting Analyst

What is the Opportunity?

The AML FINTRAC Reporting Analyst will support the Senior Manager FINTRAC Regulatory Reporting in executing the processes and controls implemented for Large Cash Transaction Reports (LCTRs) and Electronic Funds Transfer Reports (EFTRs). The Analyst will complete workflows associated with FINTRAC Reporting processes and controls within applicable regulatory timelines, escalating significant delays or issues to the Senior Manager as required. The Analyst will collaborate with internal partners to implement innovative solutions and improve the effectiveness of existing reporting processes.

• Subject matter expert (SME) for FINTRAC Reporting processes and controls with respect to LCTR in completes/rejects/overrides, High Speed Cash Processing (HSCP), EFT referrals/rejects/Undetermined transactions, and other workflow requirements.
• Ensure timely completion of assigned daily workflows related to RBC’s regulatory reporting obligations while monitoring for risks related to money laundering or terrorist financing activities.
• Provide ongoing oversight and execution of reporting processes and workflows related to the maintenance and determination of exempt entities.
• Coach branches on LCTR filing requirements in accordance with FINTRAC regulations, following up for any missed or late submissions.
• Support a continuous team improvement approach, focusing on quality of work, accuracy of reporting, and identifying gaps in reporting.
• Participate as a SME in projects impacting FINTRAC Regulatory Reporting team workflows, providing solutions and identifying opportunities to streamline processes and increase efficiencies.
• Establish, develop, and maintain relationships with other FINTRAC reporting team members and business partners.

• Must Have: 2+ years of branch experience in the Client Advisor and/or Banking Advisor role or above
• Ability to thrive in a dynamic environment
• Effective written and verbal communication skills
• Strong organizational and time management skills
• Proven ability to impact and influence others
• Excellent analytical skills

• Bilingual (French)

We thrive on challenging ourselves, progressive thinking, and working together to deliver trusted advice to help clients thrive and communities prosper. We value respect, belonging, and opportunity for all.

This role includes the following benefits and attributes: a comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation; leaders who support your development; a dynamic, collaborative, high-performing team; opportunities to do challenging work.

Accounting, Finance, Budgeting, Decision Making, Detail-Oriented, Financial Instruments, Financial Services Industry, Financial Statement Analysis, Group Problem Solving, Knowledge Organization, Results-Oriented

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.

Inclusive note: RBC is an equal opportunity employer and values diversity and inclusion in the workplace.