Senior Manager AML Investigation - Correspondent Banking

Job Summary

Job Description

What is the opportunity?

The role of Senior Manager AML Investigation - Correspondent Banking will be in charge of planning and coordinating money laundering (ML) and terrorist financing (TF) investigations referred by Team members, internal FIU and RBC partners and provides clearly reasoned and timely outcomes, findings and actions for the purpose of mitigating financial, regulatory, reputational and legal risk to RBC, consistent with putting our clients first.

What will you do?

• Mentor and coach team members for ongoing professional development to ensure that individuals and collective team knowledge is current and comprehensive to support the investigation process and to ensure that outcomes, including decisions and recommendations are based on a thorough understanding of risk and made in the context of relevant and full knowledge.
• Prioritize and manage investigations conducted by the Team and Team members’ performance.
• Review Suspicious Transaction/Activity Reports/Recommendation for submission to FINTRAC or Jurisdictional MLRO in consultation with the Director, AML-FIU and provide quality control for similar submissions by the Team.
• Review investigation summary reports for submission to the Client File Review Committee providing quality assurance over the teams.
• Where required, attend Client File Review committee meetings in liaison with the Director, AML-FIU.
• Provide quality control for the team member’s investigation reports as required by your role in the FIU including the results of PEP / High Risk, EDD, Compliance and CIS referrals.
• On behalf of the Director, AML-FIU, have responsibility of ensuring that Team members have the knowledge, right skills sets, competencies, training and resources to best achieve the team goals.
• Personally responsible and accountable for self-development and maintaining up to date knowledge, best practices and skills sets for relevant ML, TF, sanction and other regulatory matters in support of the investigative function.

What do you need to succeed?

Must have

• 5-7 years of relevant experience.
• Minimum 3 years’ experience in financial and money laundering crime investigation and/or a law enforcement/regulatory background and/or banking background.
• University degree in relevant field of study (i.e. business, criminology, law).
• Knowledge of banking systems and processes.
• Strong AML knowledge.
• Strong knowledge of relevant predicate offences.
• Skilled in Open Source research.

Nice to have

• Certified Anti-Money Laundering Specialist (CAMS) designation (or able to attain within 6 months).

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 competitive compensation, bonuses, and flexible benefits.
• Continued opportunities for career advancement.
• World-class sales training, coaching, and development opportunities. Support from a dynamic, collaborative, progressive, and high performing team, as well as world-class tools and training.
• Opportunity to achieve great success and grow your career with RBC.

Job Skills

Anti-Money Laundering (AML), Business Perspective, Communication, Decision Making, Financial Regulation, Interpersonal Relationship Management, Operational Integrity, Organizational Governance, Process Management, Strategic Thinking.

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: 2025-04-17

Application Deadline: 2025-05-01

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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