Senior Manager, AML Risk Assessments

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

Job summary

A leading financial institution in Toronto seeks a Senior Manager for AML Risk Assessment to develop and implement risk and control assessment processes. The ideal candidate will have significant experience in risk management, a strong understanding of AML regulations, and familiarity with analytic tools. This role offers competitive compensation and a supportive team environment.

Benefits

Comprehensive Total Rewards Program

Competitive compensation

Development opportunities

Qualifications

• Minimum 2 years of risk management and compliance experience.
• Strong knowledge of AML and ATF regulations.
• Experience working with regulatory compliance management.

Responsibilities

• Support design and execution of AML risk assessments.
• Develop training materials for AML Risk Assessment.
• Deliver risk assessment products for regulatory compliance.

Skills

Anti-Money Laundering (AML)

Data literacy

Communication

Problem Solving

Education

Post-secondary education or equivalent

Tools

Python

SQL

Tableau

Job description

What is the opportunity?

As Senior Manager, AML Risk Assessment, you support the development, implementation, and maintenance of enterprise Anti-Money Laundering/Anti-Terrorist Financing (AML/ATF) Risk and Control Assessment processes. In this role, you will identify and assess inherent risks and control effectiveness, demonstrate compliance, and identify opportunities to optimize the financial crimes program.

What will you do?

• Support the design and execution of the enterprise-wide assessment of financial crimes risks and controls globally and across RBC Platforms, businesses units, and jurisdictions.
• Remain abreast of regulatory and industry developments to make appropriate updates to the RBC Enterprise AML/ATF Risk Assessment Methodology and supporting documents (procedures, training documentation, communication plans).
• Support the development of capabilities to enable the quantitative and qualitative assessment of inherent risks, control effectiveness, and residual risk.
• Develop and maintain training material for AML/ATF Risk Assessment and Control Self Assessments.
• Work with internal partners to identify pertinent risk factors and facilitate data collection and integration.
• Leverage data and statistical methods to evaluate, aggregate, visualize and report on AML risks and controls across the enterprise.
• Leverage AML expertise to establish and effectively challenge risk ratings for various qualitative risk factors.
• Perform expert analysis to identify concentrations of risk and adequacy of controls to ultimately inform and recommend risk mitigation strategies.
• Deliver high-quality risk assessment products to support regulatory compliance and inform business decisions.
• Work with internal partners to understand how the components of the Financial Crimes and AML Program work together, providing feedback on best practices, including the development and maintenance of controls within Financial Crimes and AML.

What do you need to succeed?

Must-have:

• Post-secondary education or equivalent
• 2+ years of relevant subject matter experience in risk management and compliance
• Knowledge of applicable laws and regulations related to AML and ATF
• Strong knowledge of risk and control environments
• Familiarity with a breadth of banking products and services
• Strong data literacy to interpret, challenge and assess quantitative outcomes

Nice-to-Have

• Knowledge of RBC business units, and core Financial Crimes program areas
• Graduate degree (MBA or relevant subject matter area)
• Direct experience with Regulatory Compliance Management (RCM)
• Experience with analytic tools and technology (python, SQL, Tableau)
• Project management experience

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
• Ability to make a difference and lasting impact
• Work in an agile, collaborative, progressive, and high-performing team
• The opportunity to interface with senior level executives from many different parts of the organization

Job Skills

Anti-Money Laundering (AML), Business Perspective, Client Counseling, Communication, Decision Making, Financial Regulation, Fraud Risk Management, Group Problem Solving, Internal Controls, Operational Integrity

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: 2025-09-15
• Application Deadline: 2025-09-30
• 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 growth. RBC strives to deliver a workplace based on respect, belonging and opportunity for all.