Manager, AML Investigations - Correspondent Banking

Overview

As Manager, you lead by example to deliver results through the combined efforts of the team and by working collaboratively with colleagues and external partners. You are a subject matter expert on AML Investigations with a specialization in Correspondent Banking. You mentor staff and lead the implementation of training in the unit, and conduct and complete risk‑based investigations into complex matters, gathering, analyzing and evaluating relevant information to determine whether sufficient suspicion exists of money laundering, financing of terrorism or other criminal activities to justify making a report to the Regulatory Authority.

• Act as subject matter expert to provide specialist advice, guidance and direction on money laundering, financing of terrorism and related issues, seeking guidance and assistance when required
• Collaborate with the Team Manager and other investigators within the Financial Intelligence Unit (FIU) to establish, develop and maintain links with internal and external stakeholders to support investigations
• Assist the Team Manager with the implementation of the training program into the team following training to ensure the understanding and processes are followed
• Conduct quality assurance reviews for the Team Manager as directed
• Plan, conduct and complete risk‑based investigations into relevant matters such as incidents generated by the Insights and Analytics team, referrals from internal partners, etc.
• Maintain accurate records of all investigative actions and decisions taken, ensuring that all material and information obtained is treated in accordance with legal, regulatory requirements and RBC policy
• Gather intelligence from all sources to determine whether suspicion of money laundering, financing of terrorism or other criminal activities exists, to justify making a report to the relevant Regulatory Authority
• Promote, support, adhere to RBC’s policies and guidelines on Code of Conduct, Personal & Professional Development, Equal Opportunities, Health & Safety, Data Protection & Information Security

Must-have

• Excellent communication skills, both oral & written, with good interpersonal skills in order to establish relationships across all levels of the enterprise
• Undergraduate degree in Finance or equivalent
• Sound knowledge of banking platforms, clearing streams, ACH, SWIFT
• Well‑developed understanding of correspondent banking payments and trade business
• Proficient online research skills
• Ability to efficiently analyze and interpret large volumes of transactional data and prepare reports to justify investigation outcomes

Nice-to-have

• Correspondent Banking Investigations experience
• Certified Anti‑Money Laundering Specialist (CAMS) designation
• Proven track record and solid experience within AML roles

• A comprehensive Total Rewards Program including bonuses and flexible benefits and competitive compensation
• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high‑performing team
• Opportunities to do challenging work

Anti‑Money Laundering (AML), Communication, Data Gathering Analysis, Detail‑Oriented, Financial Regulation, Fraud Risk Management, Group Problem Solving, Internal Controls, Operational Integrity, Process Management

Address: 20 KING ST W, Toronto, Canada

Work hours per week: 37.5

Employment type:

Full time

Job type:
Regular

Pay type:

Salaried

Posted Date:

Final date to receive applications: