2025 Winter - GRM, Global AML Demarkets Intern (4 Months)

In support of the AML FIU as part of the RBC Global AML Program, the Intern, Global AML Demarkets, provides end-to-end ownership over execution of demarkets globally. This includes responding to incoming questions, requests and escalations relating to the demarket process. The Intern, actively participates in a culture of continuous improvement within the Global AML Demarkets Team. Global AML Demarkets collaborates with other teams (Investigations, Compliance, etc.) and business partners (NFDG, CIS, Branch, etc) to establish a best in class AML FIU.

What is the opportunity?

Global AML Demarkets Intern

In support of the AML FIU as part of the RBC Global AML Program, the Intern, Global AML Demarkets, provides end-to-end ownership over execution of demarkets globally. This includes responding to incoming questions, requests and escalations relating to the demarket process. The Intern, actively participates in a culture of continuous improvement within the Global AML Demarkets Team. Global AML Demarkets collaborates with other teams (Investigations, Compliance, etc.) and business partners (NFDG, CIS, Branch, etc) to establish a best in class AML FIU.

What will you do?

• Demarket Referrals
• Global Demarket Coordination
• Take ownership of assigned workflow by collaborating and engaging with internal business partners
• Accountable for timely and accurate completion of assigned workflow to mitigate risk and in support of RBC’s regulatory obligations
• Accountable and responsible for understanding and adherence to established internal procedure documents
• Actively supports and contributes to a continuous improvement approach to quality and processes
• Responsible for strict adherence to Risk and Compliance requirements for core activities
• Establishes, develops, and maintains relationships with AML FIU team members and Business Partners (e.g. other teams, downstream / upstream teams impacted by team workflow, Compliance, Operations, CIS, etc.)
• Responds to internal questions, requests and escalations (phone / email)

What do you need to succeed?

Must-have

• Strong analytical aptitude
• Good knowledge of RBC Banking Account management or risk management background
• Ability to work under the pressure of tight deadlines, multiple tasks and quick decisions
• Awareness of business applications, industry standards and service management
• Awareness of business units within RBC and how they interact and function
• Awareness of banking products
• All responsibilities carried out in accordance with Code of Conduct, RBC Values and Guiding Principles ensuring adherence to Privacy principles
• Working knowledge to prevent the use for RBC’s financial services for money laundering and terrorist financing
• Knowledge of bank-wide structures, businesses and operations particularly payments, compliance and internal audit
• Good Interpersonal / written / verbal communication skills

Nice-to-have

• ACAMS certified; industry related courses such as CSC, CFE, CPH, etc
• Working knowledge in relevant compliance guidelines and regulations
• Awareness of regulatory requirements such as: AML – Canada / US, OSFI, OFAC, OCC, Bank Act, CPA, IDA/OSC, BSA, PIPEDA

What’s in it for you?

• 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.
• 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
• Opportunities to do challenging work and make a difference
• Opportunities to building close relationships

Please note: This posting is for a 4-months Winter 2025 Student placement with a start date of January 2025, and end date of April 2025. In order to be eligible for this 4-months Student position, you must either:

• Be returning back to school after the work term end-date of April 2025 ; or
• If you are not returning back to school (i.e. are graduating in April 2025), you must require the full 4-months work term as a mandatory component to in order to graduate successfully.

Please ensure that you meet these eligibility requirements before applying - candidates who apply but are found to be ineligible are not able to be considered.

We encourage you to apply as soon as possible as we accept applications on a rolling basis, but please note that the formal application deadline is September 29, 2025. Should you be selected to progress, someone from our team will reach out directly to provide instructions on next steps. Otherwise, feel free to check for progress updates by logging in to your RBC profile. If the status has not changed, it denotes the fact that your application is still under review.

RBC is committed to supporting flexible work arrangements when and where available. The successful candidate for this role will be required to be located within Ontario for the duration of the work term. Details regarding the specific virtual, hybrid, and in-office arrangements for this Integrated Learning/ Co-op position are to be discussed with the Hiring Manager.

ET25

Communication, Computer Literacy, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Personal Initiative

Additional Job Details

20 KING ST W:TORONTOTORONTOCanada37.5Full timeGROUP RISK MANAGEMENTStudent/Coop (Fixed Term)Salaried2024-09-042024-09-29

Inclusion and Equal Opportunity Employment