Manager, High Risk Sectors Strategy, High Risk Client Management

Job Description

Job Description What is the opportunity? As Manager, you’ll support the Senior Manager, High Risk Sector Strategy by providing direction and execution of core risk decisions related to the identification, review, management, and escalation of higher risk clients in certain high risk sectors by developing strategy documents for the risk assessment and enhanced due diligence (EDD) processes to mitigate against financial, regulatory, reputational, and legal risks at RBC using a risk-based approach. What will you do? Support the development, implementation, execution, and ongoing enhancements to the High Risk Sector programs Prioritize and manage HRC EDD risk assessment workflow for units supported by the HRC Team and ensure that the Global Standards for Client Risk Management (CRM) and EDD are executed consistently Communicate and follow up with business partners and/or stakeholders to obtain required information and/or documentation pertaining to risk assessments and high risk sector program development to ensure reviews/reports are completed within a timely manner Provide feedback and support to the business and/or stakeholders to ensure adherence to AML/CTF compliance requirements and to mitigate any financial, regulatory, reputational and legal risk exposure to RBC Provide insight on key regulatory themes and assess impact and applicability to HRC processes Provide input into the development of processes, guidance documents, tools and job aids as required, in order to enhance the HRC Strategy and ensure compliance with regulatory and policy requirements Provide feedback to the Manager/Senior Manager where gaps are identified regarding processes in order to ensure adherence to compliance with AML/CTF legislation, policies, and procedures Contribute to and provide information to support requests from audit, regulators and/or supervisory bodies What do you need to succeed? Must-have Undergraduate university degree or equivalent 2 years’ experience in financial crimes and/or money laundering investigations within banking, law enforcement, or a regulatory body Strong written and verbal communications skills Proven skills in coordinating problem solving and day-to-day decision-making Proficiency with the Microsoft Office suite of software Nice-to-have CAMS designation Working knowledge of AML compliance requirements and regulations for Canada, US, Caribbean and other jurisdictions where RBC operates Awareness of business units within RBC/Industry and how they interact/function Highly developed writing skills and demonstrated experience in developing policies, guidelines, control standards, etc. What is in it for you? We thrive on the challenge to be our best, progressive thinking, to keep growing, and working together to build and deliver trusted reporting to help our stakeholders succeed and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual. A comprehens

Required Skills