Analyst, High Risk Client Management

What is the Opportunity?

A new and exciting opportunity has arisen to join the Global Anti-Money Laundering (AML) Compliance department as an Analyst, AML High Risk Client Management. Reporting to the Senior Manager, High Risk Client Management, you will conduct Enhanced Due Diligence and report your findings and recommendations in a timely manner to Management for review and approval.

What will you do?

• Prioritize and conduct AML and Anti Terrorist Financing (ATF) analyses and provide Key Risk Indicators for the purpose of mitigating financial, regulatory, reputational and legal risk to RBC for higher risk clients.
• Investigate and conduct research using RBC approved techniques and tools to assess if a client presents a higher level of AML regulatory or reputational risk to the Bank.
• Assign an appropriate risk rating to Personal and Commercial Retail Banking clients in accordance with RBC's risk rating methodology.
• Prepare high quality written reports for Senior Management review that effectively communicate your findings and recommendations.
• Work with stakeholders to gather and analyze information and ensure that all required matters are escalated appropriately and are conducted within defined timelines and in accordance with RBC policies and procedures.
• Personally responsible and accountable for self-development and maintaining up to date knowledge, best practices, and skills sets for relevant AML, ATF, and other regulatory matters in support of the analytical function.
• Update and maintain files ensuring accuracy, timeliness, and thoroughness with an emphasis on quality.
• In conjunction with Team Leaders and Managers, develop and maintain a network of internal partners and external peers in the industry to support analytical requirements.

What do you need to succeed?

Must-have

• 2+ years of experience in the financial services industry
• Demonstrated knowledge of or experience in AML Compliance, Financial Crimes investigations (within law enforcement or the financial sector), or financial regulatory oversight
• Knowledge of banking systems and processes
• Strong AML knowledge - CAMS designation preferable
• Strong written and oral communication skills
• Highly developed organizational skills and the ability to work within strict deadlines
• Language skills (Cantonese, Mandarin)

Nice-to-have

• University degree or equivalent experience
• Strong knowledge of relevant predicate offences, e.g. fraud knowledge is considered an advantage
• Strong organizational and time management sills
• Skilled in open source research
• Other language skills

Additional Job Details

Inclusion and Equal Opportunity Employment