Analyst, High Risk Client Management

RBC; Toronto; Hybrid; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking an Analyst for their Global Anti-Money Laundering Compliance department. This role involves conducting Enhanced Due Diligence and analyzing high-risk clients to mitigate financial and regulatory risks. You will prepare detailed reports for management, ensuring compliance with banking regulations. The position offers a dynamic work environment, opportunities for professional growth, and the chance to make a significant impact in the financial services sector. Join a collaborative team that values innovation and supports your development in a rewarding career.

Benefits

Comprehensive Total Rewards Program

Flexible work/life balance options

World-class training program

Opportunities for professional development

Dynamic and collaborative team environment

Qualifications

• Strong written and oral communication skills are essential.
• Demonstrated knowledge of AML Compliance and financial regulatory oversight.
• Ability to work within strict deadlines and manage multiple tasks.

Responsibilities

• Conduct AML and ATF analyses for high-risk clients.
• Prepare high-quality reports for Senior Management review.
• Develop and maintain a network of internal and external partners.

Skills

Anti-Money Laundering (AML)

Communication

Data Gathering Analysis

Detail-Oriented

Financial Regulation

Fraud Risk Management

Group Problem Solving

Internal Controls

Operational Integrity

Process Management

Education

University degree or equivalent experience

Job description

Job Summary

Job Description

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 Caribbean Banking, you will conduct Enhanced Due Diligence and report your findings and recommendations in a timely manner to Management for review and approval.

This is a 12 months contract position.

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 Caribbean 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

• Strong written and oral communication skills
• Highly developed organizational skills and the ability to work within strict deadlines
• 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

Nice-to-have

• University degree or equivalent experience
• Strong knowledge of relevant predicate offences, e.g. fraud knowledge is considered an advantage
• Skilled in open source research
• Language skills (French, Dutch)

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
• Opportunities to take on progressively greater accountabilities

#LI-Hybrid

#LI-POST

Job Skills

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

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:

Contract (Fixed Term)

Pay Type:

Salaried

Posted Date:

2025-05-02

Application Deadline:

2025-05-10

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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