Senior Analyst, Financial Crimes Risk Assessment

Overview

What is the Opportunity?
The Senior Analyst, Financial Crimes Risk Assessment, will support in the execution and ongoing maintenance of Financial Crimes (FC) Risk Assessments, inclusive of Anti-Money Laundering (AML), Sanctions, and Anti-Bribery/Anti-Corruption (ABAC) for RBC US Wealth Management (USWM).

• Support the timely execution of comprehensive FC Risk Assessments for USWM
• Liaise with Enterprise Financial Crimes teams in relation to FC Risk Assessments and their outcomes
• Liaise with First and Second Lines of Defense (1
  
  LOD/2
  
  LOD) stakeholders at USWM to complete Risk Assessment-related tasks
• Facilitate the completion of Risk Assessment questionnaires (i.e., Controls Self-Assessment, Qualitative Risk, Products and Services) and related processes, as defined within the methodology
• Identify opportunities for training, communication, and procedural enhancements based upon observations or issues found within the FC Risk Assessment
• Liaise with 1
  
  LOD/2
  
  LOD teams to ensure consistency in the Risk Assessment across the CUSO
• Maintain documentation supporting the Risk Assessment process, as appropriate
• Support the Director, AML Program Management and Initiatives on program governance related matters such as Control Documentation, Control Self-assessments and Issue Management as time allows
• Support or manage responses to Internal Audit engagements, 2
  
  LOD monitoring and testing, and regulatory examinations as needed

Must-have

• Education Level: University degree or equivalent experience
• Experience:
  
  At least 2-4 years of risk and compliance management, and/or governance practices, including a working knowledge of financial crime related program requirements relating to BSA, OFAC and other relevant U.S. regulations
• Knowledge and experience developing, coordinating, and preparing management reporting
• Adaptable to changing circumstances/priorities

Nice-to-have

• Experience contributing to the implementation of financial crimes risk assessment procedures, training/communications, and internal controls

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 and flexible benefits, competitive compensation, commissions, and stock where applicable
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Flexible work/life balance options
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities
• Access to a variety of job opportunities across business

Salary and more

The expected salary range for this position is $70,000-$130,000 (Minnesota), depending on experience, skills, and registration status, market conditions and business needs.

You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase total compensation, provided the business meets its performance targets and you meet individual goals.

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that drives RBC's high-performance culture, enables collective achievement of our strategic goals, and generates sustainable shareholder returns and above market shareholder value.

• Address: 250 Nicollet Mall Minneapolis
• City: Minneapolis
• Country: United States of America
• Work hours/week: 40
• 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

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth. RBC strives to deliver a workplace based on respect, belonging and opportunity for all.