Director, AML Client Exit — Risk & Exit Strategy

RBC; Toronto; On-site; CAD 150,000 - 210,000; Full time

Benefits offered by this job

Total rewards program

Bonuses

Stock options

Flexible benefits

Job summary

RBC is seeking a Director, AML Client Exit, to lead client exit activities related to financial crimes and AML risk, partnering with stakeholders for timely, well-documented execution in line with regulatory requirements and RBC’s risk appetite.

The role involves reviewing recommendations, challenging and enhancing rationale, and approving or declining exits. You will escalate where needed and collaborate across FC groups to communicate effectively with business units and clients.

Qualifications

• 7-10+ years of relevant experience.
• Advanced experience in financial crime and/or money laundering investigations within banking, law enforcement, or a regulatory body.
• Effective and strong oral and written communication skills.
• Highly developed organizational skills.
• Undergraduate degree—criminal justice, business preferred.
• Demonstrated in-depth knowledge of RBC policies and procedures.

Responsibilities

• Review exit recommendations to ensure appropriate scope and rationale with supporting evidence.
• Provide an effective challenge and enhance consistency of recommendations.
• Approve exits that meet criteria; reject those that do not.
• Determine files requiring escalation to Committee or senior audience.
• Collaborate with FC groups to improve client notifications and exit communications.
• Define response parameters for business inquiries or where senior leadership takes over.
• Assist in building a business case for potential client retention and clear exit strategy.
• Stay updated on RBC risk appetite, regulatory changes and external best practices.

Skills

Financial crime investigations

Oral and written communication

Organizational skills

Collaborative skills

Education

Undergraduate degree—criminal justice, business

CAMS designation

Job description

RBC is seeking a Director, AML Client Exit, to lead client exit activities related to financial crimes and AML risk, partnering with stakeholders for timely, well-documented execution in line with regulatory requirements and RBC’s risk appetite.

The role involves reviewing recommendations, challenging and enhancing rationale, and approving or declining exits. You will escalate where needed and collaborate across FC groups to communicate effectively with business units and clients.