AML Manager

RBC; Toronto; On-site; CAD 100,000 - 125,000; Full time

Job summary

A leading financial institution in Toronto is looking for a Manager to join their AML Investigations team. The successful candidate will serve as a subject matter expert, mentoring staff, conducting investigations into money laundering, and ensuring regulatory compliance. This role involves preparing reports and working collaboratively with other teams. Ideal candidates will have a strong background in AML, exceptional analytical skills, and an undergraduate degree in a relevant field.

Benefits

Comprehensive Total Rewards Program

Flexible work/life balance options

World-class training program in financial services

Qualifications

• Must have experience in AML investigations and regulatory requirements.
• Proven ability to mentor and provide coaching to team members.
• Strong ability to gather, evaluate, and present complex information.

Responsibilities

• Provide specialist advice to team members on AML issues.
• Conduct risk-based investigations.
• Prepare detailed reports related to investigations.

Skills

Strong AML background

Investigative skills

Analytical skills

Communication skills

Open-source research

Time management

Education

Undergraduate degree (Criminology/Criminal Justice Studies preferred)

Job description

Job Description

What is the opportunity?

As a Manager (Canadian Banking) within the AML Financial Intelligence Unit (FIU) Investigations team, you are the Subject Matter Expert (SME) on AML Investigations and work with the team members as a mentor. You will be involved in the implementation of the training in the Unit by mentoring staff and provide ongoing coaching and feedback on investigations and reports related to cases reviewed by staff in addition to completing your own investigations. You will determine whether sufficient suspicion exists of money laundering, financing of terrorism or other criminal activities, to justify making a report to the Regulatory Authority.

What will you do?

• Act as a SME to provide specialist advice, guidance and direction to team members on money laundering, financing of terrorism and related issues
• Assist the Senior Manager with implementation of the training program for the team to ensure understanding of what is required in the role and processes are followed
• Plan, conduct and complete risk based investigations into matters identified from media scans, transaction monitoring, as well as Unusual Transaction Reporting via internal partners
• Maintain accurate records of all investigative actions and decisions taken
• Ensure that all material and information obtained is treated in accordance with legal and regulatory requirements and RBC policy
• Gather information/intelligence from all available sources, in order to determine whether sufficient suspicion of money laundering, financing of terrorism or other criminal activities exists
• Prepare relevant reports as required including documentation in support of any action proposed based on the results of investigations
• Promote and adhere to RBC’s policies and guidelines on Code of Conduct, Personal and Professional Development, Equal Opportunities, Health & Safety, Data Protection and Information Security
• Work with the Global AML-FIU Investigation Team and other FIU partners to ensure that investigations are conducted within defined timelines and are escalated in accordance with policies

What do you need to succeed?

Must-have

• Strong AML background (Preferred: Canadian Banking)
• Strong investigative and analytical skills for the purpose of reaching reasoned and sound conclusions with arguments that support the decision reached.
• Strong knowledge of relevant predicate offences
• Exceptional verbal and written communication skills.
• Skilled in open-source research
• The ability to gather, assess/evaluate and present complex information in a simple and concise manner.
• Time management and organizational skills in order to manage workload and ensure established benchmarks are met.

Nice-to-have

• Experience providing coaching and feedback
• Working background/experience with the major business segments of RBC
• ACAMS Certification
• Completion of an Undergraduate degree (Criminology/Criminal Justice Studies preferred)

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, competitive compensation, commissions, and stock where applicable
• 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
• A world-class training program in financial services
• Flexible work/life balance options
• Opportunities to do challenging work

Job Skills

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

Additional Job Details

Address: 20 KING ST W: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: 2025-06-24

Application Deadline: 2025-10-31

Note

Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

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.

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