6 month Fixed Term Contractor - Associate Director - AML, RBC Capital Markets (Frankfurt or Par[...]

Fixed-term Contractor (FTC) AML Manager for 6 months, based in Frankfurt, Paris, or London.

You will assist the RBC EG MLRO, senior management, and businesses in embedding AML Compliance into the culture of relevant RBC operations.

Your responsibilities include aligning AML regulatory priorities with the Business and RBC, maintaining relationships with regulators and external auditors, establishing a strong control environment, and communicating financial crime risks to senior management.

What will you do?

1. Assist the Money Laundering Reporting Officer (MLRO) in overseeing the AML framework for all RBC EG branches.
2. Test AML Transaction Monitoring alerts.
3. Investigate client and payment sanctions screening alerts promptly.
4. Draft and submit Suspicious Transaction and Order Reports (STORs) and Suspicious Activity Reports (SARs) to authorities as required, under the guidance of the Head of AML Germany.
5. Implement and review AML, CTF, Sanctions, and ABAC policies to ensure compliance with German anti-financial crime laws.
6. Contribute to the annual risk analysis related to money laundering and terrorist financing.
7. Establish a framework for assessing AML, ATF, Sanctions, and ABAC risks for new products/services prior to launch.
8. Complete and submit MLRO monthly reports and other regulatory reports, identifying control gaps and developing remediation plans.
9. Create AML training materials and deliver training sessions to the business, addressing training gaps.
10. Participate in AML audits and oversee remediation of audit findings.
11. Manage AML regulatory, Internal Audit, and Compliance Testing issues.
12. Conduct additional testing activities locally.
13. Coordinate with key stakeholders and escalate issues of legal, regulatory, or reputational importance.
14. Oversee the financial crime compliance framework, including high-risk clients.
15. Engage with Global Economic Sanctions (GES) and ABAC teams on sanctions and bribery concerns.

What do you need to succeed?

1. AML compliance experience within a financial institution or regulator.
2. Excellent communication skills in German and English.
3. Knowledge of wholesale/capital markets and AML laws, including WpHG, WpIG, GWG, BaFin guidelines, and EBA standards.
4. Understanding of outsourcing standards and policies.
5. Accountability, initiative, attention to detail, and confidentiality.
6. Proficiency in Word, Excel, Access, and Outlook.

What is in it for you?

Join a dynamic team with opportunities for growth, development, and making a meaningful impact. Enjoy competitive compensation, world-class training, flexible working options, and a collaborative environment.

Agency Notice

RBC does not accept agency resumes unless previously agreed upon. Please contact our Recruitment team for details.

Job Skills

AML, Client Counseling, Communication, Financial Regulation, Fraud Risk Management, Internal Controls, Operational Integrity.

Additional Job Details

Location: Frankfurt am Main, Germany

Type: Full-time, Fixed Term

Posted: 2025-03-21

Application Deadline: 2025-06-04

Inclusion and Equal Opportunity Employment

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