Senior Manager, AML Risk & SAR/STR Strategy

RBC; Toronto; On-site; CAD 90,000 - 120,000; Full time

Job summary

RBC in Toronto seeks a senior analyst to lead end-to-end SAR/STR assessments, translating regulatory expectations into actionable improvements across risk, compliance, and operations.

You will refine processes, benchmark against industry standards, and collaborate with regulators and senior stakeholders to strengthen program effectiveness and timeliness. A strong AML background and leadership are essential for driving strategic enhancements.

Qualifications

• Post-secondary education or equivalent.
• 5+ years of financial crimes investigative, analytic and leadership experience
• Experience with collaborative strategy development & communication
• Experience communicating to regulators, auditors and senior management
• Familiarity with AML legislation and regulations

Responsibilities

• Lead End-to-End Assessments: Support enterprise-wide assessments of SAR/STR programs to evaluate effectiveness of SAR/STR metrics (completeness, timeliness, accuracy, precision), contribute to enhancement recommendations, regulatory alignment, and operational quality
• Drive Regulatory Adherence: Assess and refine SAR/STR processes to ensure seamless alignment with regulatory standards, driving strategic enhancements that elevate program effectiveness and timeliness without compromising operational integrity
• Enhance Program Robustness: Identify gaps in SAR/STR processes and recommend data-driven improvements to detection and reporting
• Steward Risk Frameworks: Help define risk positions for emerging threats and align policies with RBC’s risk appetite
• Support Governance: Maintain assessment methodologies, and documentation to demonstrate program strength to regulators
• Collaborate Strategically: Partner with stakeholders to implement process enhancements and ensure insights inform organizational initiatives
• Analyze and Assess SAR/STR: Extract insights from SAR/STR data to detect patterns, emerging risks, completeness, accuracy, and alignment with regulatory expectations, identifying areas for refinement opportunities for process improvement
• Evaluate Program Effectiveness: Measure the impact of SAR/STR initiatives against KPIs, benchmarking performance to industry standards
• Strategic Reporting: Prepare executive summaries and reports that translate insights into actionable recommendations for leadership
• Continuous Improvement: Lead workshops and discussions to share assessment learnings and drive a culture of proactive enhancement
• Collaborate Cross-Functionally: Engage with compliance analysts, legal teams, and operations to address escalations and process inefficiencies

Skills

Anti-Money Laundering

Business Perspective

Communication

Decision Making

Financial Regulation

Interpersonal Relationship Management

Operational Integrity

Organizational Governance

Process Management

Strategic Thinking

Education

MBA

CAMS Certification

Job description

RBC in Toronto seeks a senior analyst to lead end-to-end SAR/STR assessments, translating regulatory expectations into actionable improvements across risk, compliance, and operations.

You will refine processes, benchmark against industry standards, and collaborate with regulators and senior stakeholders to strengthen program effectiveness and timeliness. A strong AML background and leadership are essential for driving strategic enhancements.