Manager, Financial Crimes Oversight Testing

What is the opportunity?

The successful incumbent will conduct second line of defence (“2LoD”) oversight testing of the Royal Bank of Canada (“RBC”) Financial Crime (“FC”) units and controls that operate across Canada and the Caribbean regions (including Target Operating Model controls), as defined by the approved Financial Crimes Oversight Testing – Canada, Caribbean, Central (“FCOT Central”) plan/schedule. You will complete oversight testing activities, including (but not limited to): facilitating business process/control walkthroughs, assist in drafting test plans, the creation and execution of operational and design effectiveness testing and related working papers, issue identification, development and validation of issue action plans, and aiding in the formulation of the executive reporting.

Job Description

As an AML compliance subject matter expert for the Canadian and Caribbean regulatory jurisdictions, you will be proactively identifying risks, trends, themes, and systemic breakdowns within the FC AML and operational controls. Testing areas of focus will include: AML advisory, anti-bribery/anti-corruption, financial intelligence units, global economic sanctions, high risk client management, and regulatory reporting.

What will you do?

• Perform oversight testing to identify and analyze potential deficiencies or control gaps within the RBC FC department
• Conduct test planning, fieldwork, reporting, and issues management related tasks on key RBC FC programs and in scope business processes/controls
• Maintain continuous communication and effective engagement with management and stakeholders on the development, progress and results of our oversight testing engagements
• Establish, develop, and maintain solid business relationships with internal and external partners
• Identify and maintain awareness of emerging risks relevant to effective compliance testing practices, FC programs and controls
• Champion the identification of areas requiring enhancement and efficiency within the testing program
• Participate in strategic discussions to drive efficiency / productivity through testing initiatives

What do you need to succeed?

• At least three years of experience in AML SME within a second line or audit testing function
• Sound knowledge of international laws and regulations related to AML, ATF, ABAC and Sanctions
• Working background/experience with major business segments of RBC or other global financial institutions
• Strong written and oral communication skills; business writing experience
• Very strong interpersonal and analytical skills
• Bachelor’s Degree or equivalent work experience
• Very good working knowledge of Microsoft suite of software

Nice to have:

• Certified Anti-Money Laundering Specialist (CAMS)
• Certified Internal Auditor (CIA)
• Certified Financial Crimes Specialist (ACFS)

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, flexible benefits and competitive compensation
• Leaders who support your development through coaching and managing opportunities
• Opportunity to make a difference and have a lasting impact
• Flexible work/life balance options
• Work in a dynamic and challenging work environment with a collaborative, progressive, and high-performing team

Job Skills

• Anti Money Laundering Training
• Business Perspective
• Communication
• Compliance Testing
• Decision Making
• Financial Regulation
• Interpersonal Relationship Management
• Operational Integrity
• Organizational Governance
• Process Management
• Sanctions Compliance
• Stakeholder Relationship Management
• Strategic Thinking

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: Regular
• Pay Type: Salaried
• Posted Date:
• Application Deadline:

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above.

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.