Manager, AML Investigations

Job Description

W hat is the opportunity?

As a Manager,RBCB US Investigations (RBC Bank) within the Anti-Money Laundering Financial Intelligence Unit (AMFIU), you are the Subject Matter Expert on AML Investigations.

This role will work as an integral member of the AML FIU Investigations team. Lead by example in delivering personal results,to assist members of the Investigations Team to elevate collective performance, andwork collaboratively with colleagues to achieve unit objectives. Subject Matter Expert (SME) on AML Investigations and works with the team members as a mentor/coachin order toelevate team member performance. Support initial and ongoing training and development of Investigations Team members.

Plan, conduct, and complete risk-based investigations into matters referred to the Unit, through the gathering, analysis and evaluation of relevant information in order to determine whether reasonable grounds to suspect (RGS) exists of money laundering, financing of terrorism or other criminal activities, to justify making a report to the Regulatory Authority for the purpose of complying with legislative/regulatory requirements, and mitigating risk to RBC in line with established organizational policy.

• Act as Subject Matter Expert to provide guidance and direction to team members on money laundering, financing of terrorism and related issues

• Collaborate with the Senior Manager and team members to establish, develop, andleveragecontacts to support investigation requirements and the AML FIU

• Assist the Senior Manager and peer managers with ongoing support and development of investigators following initial training

• Assist with the ongoing reviews and development of policies and guidance applicable to anti money laundering

• Conduct case reviews and/or approvals for the Senior Manager when required

• Plan, conduct and complete risk-based investigations into relevant mattersreferredto the Unit in line with approved processes, including but not limited to those originating from:

• Incidents generated by the Insights and Analytics team from an analysis of the results of transaction monitoring, media scans and matches from name scanning against relevant PEP, Economic Sanctions and Terrorism Lists

• Incidents generated by (UTR) Unusual Transaction Reporting via internal partners

• Referrals from internal partners and other business Units (viamail box)

• Maintain accurate, comprehensive, andtimelyrecords of all investigative actions and decisions taken, ensuring that all material and information obtained is treatedin accordance withlegal and regulatory requirements and RBC policy

• Gather information/intelligence from all available sources,in order to determine whether reasonable grounds to suspect money laundering, financing of terrorism or other criminal activities exists, to justify making a report to the relevant Regulatory Authority for the purpose of complying with legislative/regulatory requirements, and mitigating risk to RBC in line with established organizational policy

• Prepare relevant reports asrequiredincluding documentation in support of any action proposed based on the results of investigations

• Work with the Global AML FIU Investigation Team and other FIU partners to ensure that investigations are conducted within defined timelines and are escalated in accordance with relevant policy

• Promote,support and adhere to RBC’s policies and guidelines on Code of Conduct, Collective Ambition, Personal and Professional Development, Equal Opportunities, Health & Safety, Data Protection and Information Security,in accordance with published Policy / Guidance documents and protocols

• 2-4 years of relevant experience

• Knowledge of banking systems and processes

• Strong AML knowledge

• Strong knowledge of relevant predicate offences

• Skilled in open-source research

• Certified Anti-Money Laundering Specialist (CAMS) designation (or able toattainwithin 6 months)

• University degree in relevant field of study (i.e.business, criminology, law)

• Experience US AML Investigations

• Prior supervisor/Manager experience

• Excellent exposure to communicate with various business partners and…