Manager, HRC – Monitoring & Testing

RBC; Toronto; On-site; CAD 80,000 - 110,000; Full time

Job summary

RBC is seeking a Manager to oversee AML controls in Toronto, engaging in effectiveness testing and reporting. The role requires a Bachelor's degree and 2+ years of AML experience, focusing on risk assessment and stakeholder engagement. Join a dynamic team committed to compliance and client success.

Benefits

Comprehensive Total Rewards Program

Flexible benefits

Competitive compensation

Opportunities for development

Collaborative work environment

Qualifications

• 2+ years of direct work experience within an FI’s AML Program.
• Strong written and verbal communication skills.
• Aptitude for engaging in critical conversations with stakeholders.

Responsibilities

• Execute risk-based Monitoring and Testing to improve risk assessments.
• Provide management reporting on testing results.
• Identify risks and assess relevant controls of AML processes.

Skills

Anti-Money Laundering Compliance

Auditing

Enhanced Due Diligence

Report Writing

Stakeholder Management

Transaction Monitoring

Oral Communications

Written Communication

Education

Bachelor’s Degree or equivalent

Tools

Microsoft Excel

Microsoft Word

Job description

Job Summary

Job Description

What is the opportunity?

As a Manager, you will conduct effectiveness testing of AML controls centralized in Toronto and situated throughout RBC’s array of international business units. This will require your proactive participation in each stage of our oversight reviews: planning, scoping, fieldwork, reporting, and issue management.

What will you do?

• Execute consistent risk-based Monitoring and Testing (“M&T”) to improve the quality of risk assessments and mitigate the regulatory and reputational risks to the bank.

• Provide management reporting on the results of the testing

• Proactively identify risks and assess the relevant controls of the AML processes being reviewed

• Partner with the process owners to enhance effectiveness of their processes

• Issue formal reporting on all testing completed

What do you need to succeed?

Must-have

• Bachelor’s Degree or equivalent

• 2+ years of direct work experience within an FI’s AML Program (transaction monitoring and suspicious activity/transaction reporting, economic sanctions, high-risk client management, etc.)

• Strong written and verbal communication skills

• Aptitude for engaging in critical conversations with stakeholders/senior management

• Proficiency with the Microsoft Office suite of software

• Solid understanding of AML/ATF and sanctions laws and regulations

Nice-to-have

• Experience within RBC’s first, second, and/or third lines of defense

• Experience conducting transaction monitoring/sanctions investigations and/or enhanced due diligence

• Prior AML control testing or Audit experience

• ACAMS certification

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

• Work in a dynamic, collaborative, progressive, and high-performing team

• To be part of a large and growing global organization which puts client interests first and has a culture of fairness and accountability

Job Skills

Anti-Money Laundering Compliance, Auditing, Enhanced Due Diligence, Microsoft Excel, Microsoft Word, Money Laundering Investigations, Oral Communications, Report Writing, Sanctions Screening, Stakeholder Management, Transaction Monitoring, Written Communication

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:

2025-05-20

Application Deadline:

2025-06-30

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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