Manager, Sanctions Governance (Contract)

RBC; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading financial institution in Toronto is seeking a highly motivated Manager to support the sanctions risk assessment process. The role involves analyzing data, producing reports, and collaborating with stakeholders. Required qualifications include over 3 years of experience in risk management and proficiency in Microsoft Excel. This is a full-time contract position offering a dynamic work environment.

Qualifications

• 3+ years of experience in risk management, compliance, internal audit, or regulatory reporting.
• Experience with risk assessments or quality assurance reviews.
• High proficiency in Microsoft Excel, including pivot tables and complex formulas.

Responsibilities

• Support execution of sanctions risk assessment activities.
• Analyze data for meaningful risk observations and inconsistencies.
• Produce risk assessment reports and dashboards.

Skills

Risk management

Compliance

Data interpretation

Microsoft Excel

Communication

Writing and analysis

Job description

Overview

The Global Economic Sanctions (GES) team provides support at an enterprise level for Canadian, US, UK, EU/Europe, APAC and Caribbean economic sanctions. We are seeking a highly motivated Manager to support the execution and continuous enhancement of the Sanctions Risk Assessment process, focusing on reviewing control effectiveness, interpreting data outputs, and supporting automation requirements. This is an 11 month contract role.

Responsibilities

• Support the end-to-end execution of sanctions risk assessment activities across business units and jurisdictions.
• Conduct the Review and Challenge of sanctions-related inputs including:
  • Sanctions Control Self-Assessments Questionnaires,
  • Qualitative Risk Questionnaires, and
  • Product & Service Questionnaires.
• Review large amounts of quantitative data feeding the risk assessment to calculate quantitative risk ratings, and conduct Review & Challenge on calculation outputs and quantitative risk metrics.
• Provide automation requirements across the sanctions risk assessment process, including:
  • Quality checks on questionnaire responses,
  • Logic for auto-adjudication to streamline review and challenge,
  • Risk flagging mechanisms based on patterns of data or control errors.
• Review outputs of automation scripts to ensure alignment with business rules, logic documentation, and risk expectations.
• Analyze client, transaction, and product data to identify meaningful risk observations, inconsistencies, high-risk patterns, or data quality concerns.
• Support the completion of enterprise-wide questionnaires and coordinate with local teams on jurisdiction-specific input.
• Produce risk assessment result visualizations and draft formal Sanctions Risk Assessment Reports at assessment unit, segment, Board, and enterprise levels, synthesizing:
  • Risk ratings and contributing drivers
  • Control performance and gaps
  • Data limitations and caveats
  • Recommendations and observations
• Collaborate with compliance, data, and technology stakeholders to discuss input/output data and resolve risk assessment-related queries.
• Assist in managing multiple deliverables across tight timelines with high attention to detail.
• Perform other governance responsibilities, including:
  • Producing sanctions dashboards and management reporting
  • Assisting in audits, testing, or regulatory exams related to sanctions
  • Tracking and closing sanctions-related issues
  • Assessing and reviewing sanctions policies and procedures developed by global units and/or local compliance teams; reviewing and recommending amendments to the enterprise sanctions policy based on the global sanctions environment
  • Developing and updating sanctions-related training
  • Completing other ad-hoc assignments supporting the GES program oversight team

Qualifications

Must-have

• 3+ years of experience in risk management, compliance, internal audit, 2nd line testing, or regulatory reporting within financial services.
• Experience with risk assessments or quality assurance reviews.
• Experience working with data inputs/outputs and interpreting them in a business or risk context, including high proficiency in Microsoft Excel (e.g., pivot tables, complex formulas, VBA).
• Strong communication skills and experience engaging with senior stakeholders.
• Excellent writing and analysis skills, particularly in formal risk assessment reporting and result visualization.

Nice-to-have

• Exposure to sanctions controls, financial crime risk, or operational risk reviews.
• CAMS, CSS or equivalent sanctions or AML certification.

Additional Job Details

Address: WATERPARK PLACE, 20 BAY ST: 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: 2025-09-17

Application Deadline: 2025-10-03

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

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