Manager, Canadian AML Analysis Team

What is the opportunity?

The Canadian AML Alert Analysis Team (CAMLAAT) provides a triage function within the AML Financial Intelligence Unit (FIU) by reviewing flagged client activity and determining when client activity does not warrant further review and when client activity requires escalation to AML Investigations.

The Manager, Canadian AML Alert Analysis reviews transaction monitoring alerts and UTRs, assesses the client activity against the risks that were identified and determines if the alert warrants further AML investigation. This individual documents the findings/rationale accordingly.

• Conduct risk‑based reviews of AML transaction monitoring and UTR alerts for all applicable business lines in accordance with CAMLAAT standards to escalate unusual activity for further review and to close false positives.
• Gather, research, analyze & evaluate relevant information in a timely manner to determine whether sufficient suspicion exists of money laundering, financing of terrorism or other criminal activities.
• Prepare reports that adequately document rationale for escalation or closure to mitigate risk to RBC and provide clear direction and guidance to internal AML investigation partners responsible for further reviewing CAMLAAT’s escalations.
• Demonstrate a strong understanding of the various business lines CAMLAAT is responsible for monitoring, including the unique AML risks applicable to those business lines.
• Advise/escalate to Senior Manager any trends or issues and take action to propose improvements to workflow, processes, and tools.

• 2+ years’ experience in financial crime and/or money laundering investigations within banking, law enforcement, or a regulatory body.
• Experience with Microsoft Excel.
• Strong analytical skills.
• Good interpersonal, written and verbal communication skills AND proven ability to impact and influence.

• CAMS designation.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation.
• Ability to make a difference and lasting impact.
• Work in a dynamic, collaborative, progressive, and high‑performing team.
• Opportunities to take on progressively greater accountabilities.

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

Address: WATERPARK PLACE, 20 BAY ST:

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:

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 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.