Director, AML Client Exit & Risk Oversight

RBC; Toronto; On-site; CAD 170,000 - 230,000; Full time

Benefits offered by this job

Bonuses

Flexible benefits

Stock options

Job summary

RBC is seeking a Director, AML Client Exit, to lead client exit activities related to financial crimes and AML risk. You will partner with key stakeholders to ensure timely execution in line with regulatory requirements and RBC's risk appetite.

The role involves reviewing recommendations, challenging submissions, and approving or escalating exits within a high-impact risk function. In this senior position, you will influence cross-functional teams, maintain awareness of regulatory changes, and

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 from FC to ensure scope is appropriate and rationale is supported with evidence.
• Provide an effective challenge, improve consistency and rationale, and withdraw recommendations lacking compelling exit rationale.
• Approve or reject exits based on established criteria and determine escalation to Committee or senior audience.
• Collaborate with FC groups to improve notifications and communication to Business Units.
• Define response parameters for inquiries and determine when the Director takes over communications.
• Coordinate with Business lines to communicate concerns, build a business case for retention, and outline exit strategies.

Skills

AML knowledge

Communication

Organizational skills

Education

Undergraduate degree in Criminal Justice or Business

Job description

RBC is seeking a Director, AML Client Exit, to lead client exit activities related to financial crimes and AML risk. You will partner with key stakeholders to ensure timely execution in line with regulatory requirements and RBC's risk appetite.

The role involves reviewing recommendations, challenging submissions, and approving or escalating exits within a high-impact risk function. In this senior position, you will influence cross-functional teams, maintain awareness of regulatory changes, and