Associate - US Capital Markets Financial Crimes Advisory

Job Description

RBC is seeking a Financial Crimes Advisor to join its U.S. Capital Markets Financial Crimes Advisory team. This role involves supporting the Capital Markets Financial Crimes Advisory team on day to day operations inclusive of conducting risk-based reviews of Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD), handling regulatory referrals, and contributing to Financial Crimes policy and program enhancements. The successful candidate will have AML/Financial Crimes experience, strong knowledge of BSA/USA PATRIOT Act/OFAC, and expertise in Capital Markets compliance.

• Support the team in its Financial Crimes oversight of the RBCCM Customer Due Diligence and Enhanced Due Diligence programs, including the review of high-risk customer information and documentation.
• Coordinate the ongoing implementation and refinement of customer profiles under the Customer Due Diligence rule, Section 312, 313(a), and 319(b) (Foreign Financial Institutions) to comply with internal procedures, satisfy regulatory requirements and ensure adequate enhanced due diligence of high-risk customers.
• Support the U.S. Financial Crimes Program, including RBC Capital Markets, LLC, 3
  
  WFC Branch, RBC Real Estate Capital Corp, RBC CMA LTD and other U.S. entities. This includes Capital Markets and a Cross Border Business that provides check and ACH clearing for RBC Affiliates.
• Cross‑train across multiple Financial Crimes advisory disciplines and provide compliant, risk‑aligned guidance as business needs evolve.
• Complete reviews based on escalations for negative news, high risk factors, sanctions and clarification on regulatory requirements.
• Assess and respond to information‑sharing requests including 314(a), 314(b), and supporting documentation inquiries, ensuring timely and compliant handling.
• Review regulatory and law enforcement requests to determine whether escalation to the Financial Intelligence Unit for further investigation is warranted.
• Contribute to ongoing production of biweekly, monthly, and quarterly financial crime metrics and enterprise risk assessment reports to support governance and oversight functions.
• Support with the maintenance, development, enhancement, and testing of Financial Crimes Policies, Procedures, and Controls program.
• Provide effective challenge and recommend solutions.
• Perform gap analysis between internal controls and regulatory requirements.
• Act as a subject matter expert on U.S. AML/Financial Crimes and sanctions risks specific to Capital Markets products and entities.
• Collaborate with Global Financial Crimes teams to ensure consistency and share best practices.
• Assist in developing and delivering targeted Financial Crimes training programs on emerging risks and regulatory changes.
• Maintain training records and support knowledge‑sharing initiatives across the Financial Crimes team.
• Stay current with evolving AML, Sanctions, and ABAC regulations, guidance, and industry trends.

• Must have
  • Bachelor’s degree.
  • 2-5 years of experience in AML, financial crimes compliance, or related field within Capital Markets or Banking.
  • Strong Knowledge of U.S. Financial Crimes laws and regulations, including BSA, USA PATRIOT Act, FinCEN guidance, and OFAC requirements.
  • Experience conducting risk based reviews.
  • Excellent analytical, writing, and problem‑solving skills.
  • Strong interpersonal skills with the ability to collaborate across teams and functions.
  • Strong organizational and time management capabilities.
  • Deadline‑driven and results‑oriented; able to meet consistently high‑quality standards while handling a variety of tasks and deadlines simultaneously.
  • Strong ability to operate independently and proactively build subject‑matter knowledge through review of policies, procedures, and historical materials.
• Nice‑to‑have:
  • Certified Anti‑Money Laundering Specialist (CAMS) designation (or willingness to attain).
  • Understanding of relevant emerging risks a plus (e.g., cryptocurrency).

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable.
• Leaders…