Manager, AML Global Demarket Coordination

What is the opportunity?

In support of the AML FIU as part of the RBC Global AML Program, the Manager, Global AML Demarkets provides tactical direction and end-to-end ownership over execution of demarkets for AML and CIS globally. Responding to incoming queries, requests and escalations relating to the demarket process, the Manager, Global AML Demarkets is the subject matter expert (SME) for assigned workflow and acts as a mentor and trainer for the related process. Actively participating in a culture of continuous improvement within the Global AML Demarkets Team, the Manager, Global AML Demarkets collaborates with other teams to establish a best in class AML FIU.

What will you do?

• Subject matter expert for assigned case and alert workflows:
  • Demarket Referrals
  • Global Demarket Coordination
• Take ownership of assigned workflow by collaborating and engaging 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;
• Participation as SME in projects impacting Regulatory Support team workflows;
• 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

• 2+ years of relevant work experience
• Post-secondary education or equivalent
• Awareness of regulatory requirements such as: AML - Canada / US, OSFI, OFAC, OCC, Bank Act, CPA, IDA/OSC, BSA, PIPEDA

Nice-to-have

• ACAMs certified
• Working knowledge in relevant compliance guidelines and regulations;
• Good knowledge of RBC Banking Account management or risk management background.
• Awareness of business applications, industry standards and service management;
• Awareness of business units within RBC / Industry and how they interact / function;
• Awareness of banking products, requirements and regulations;
• Working knowledge to prevent the use of RBC's financial services for money laundering and terrorist financing;
• Knowledge of bank-wide structures, businesses and operations particularly payments, compliance and internal audit;
• Awareness of regulatory requirements such as: AML - Canada / US, OSFI, OFAC, OCC, Bank Act, CPA, IDA/OSC, BSA, PIPEDA.Good knowledge of RBC Banking Account management or risk management background

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.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, and 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
• Leaders who support your development through coaching and managing opportunities
• Flexible work/life balance options

Additional Job Details

Inclusion and Equal Opportunity Employment