Associate Director, Deputy to the BSA AML Officer, RBC Capital Markets- U.S. Financial Crimes

RBC; Jersey City (NJ); Hybrid; USD 110,000 - 190,000; Full time

Job summary

An established industry player is seeking an Associate Director to support the BSA AML Officer in overseeing financial crimes requirements. This role involves collaborating with various teams to ensure compliance with AML regulations, developing controls to mitigate risks, and acting as a subject matter expert. The ideal candidate will have extensive knowledge of risk management, broker dealer operations, and financial crimes detection. Join a dynamic and collaborative environment where your expertise will make a meaningful impact on the organization's success and client relationships.

Benefits

Comprehensive Total Rewards

Leadership Development Support

401(k)

Health Insurance

Paid Time Off

Stock Options

Challenging Projects

Close Client Relationships

Qualifications

• 4+ years of relevant experience in financial crimes and risk management.
• Deep knowledge of AML regulations and broker dealer operations.

Responsibilities

• Support the BSA AML Officer with audit and regulatory engagement.
• Develop controls to mitigate financial crimes risks and remediate issues.

Skills

Risk Management

AML Regulations

Broker Dealer Operations

Financial Crimes Detection

Investigative Research Skills

Communication Skills

Critical Thinking

Organizational Skills

Education

University Degree

Tools

Microsoft Office

Job description

Associate Director, Deputy to the BSA AML Officer, RBC Capital Markets- U.S. Financial Crimes

Join to apply for the Associate Director, Deputy to the BSA AML Officer, RBC Capital Markets- U.S. Financial Crimes role at RBC.

What is the Opportunity?

Support the BSA AML Officer of RBC Capital Markets, LLC (“RBCCM LLC”) and RBC CMA, Ltd (“CMA”) in overseeing and executing Financial Crimes requirements for the broker dealer. Provide ongoing financial crimes subject matter expertise and policy support to the BSA AML Officer, and collaborate with 1LOD, 2LOD, and 3LOD teams.

Job Summary

Job Description

What will you do?

• Support the BSA AML Officer with audit and regulator engagement, and assist in resolving requests for information and reporting.
• Coordinate with the BSA AML Officer to remediate audit or regulatory issues.
• Assist in overseeing, monitoring, and challenging the control environment.
• Develop controls to mitigate financial crimes risks, identify gaps, and implement remedial actions to meet regulatory standards.
• Support management of the New Business Committee (NBC) Financial Crimes requirements related to new or expanding products and services, including risk evaluations and coordination with global stakeholders.
• Act as a subject matter expert on Financial Crimes requirements, including handling AML inquiries within the infrastructure groups.
• Review and advise on AML surveillance rules, data feeds, interfaces, and AML monitoring system issues.
• Oversee the transaction monitoring team’s review and resolution of detection incidents.
• Supervise Suspicious Activity Report filings with FinCEN and ensure proper risk mitigation.
• Contribute to the broker dealer’s Risk Assessment and advise on product risk and client risk ratings.
• Draft and present quarterly AML reports, including metrics, trend analysis, and issue management, to senior management and regulators.
• Participate as a member of the CUSO Financial Crime Management Committee.
• Handle AML inquiries from front and back office, serving as a subject matter expert.

What do you need to succeed?

• 4+ years of relevant experience.
• Extensive knowledge of risk management and AML regulations including BSA, USA PATRIOT Act, OFAC, FCPA, and related U.S. laws.
• Strong understanding of broker dealer operations and associated financial crimes risks.
• Deep knowledge of Capital Markets products, trade lifecycles, settlement flows, and their use in Financial Crimes detection.
• Experience with systems related to suspicious activity monitoring, technology, and databases is preferred.
• Awareness of emerging risks such as cryptocurrency is a plus.
• Investigative research skills preferred.
• University degree preferred.
• Excellent written and oral communication skills.
• Critical thinking, interpersonal skills, and initiative.
• Strong organizational skills.
• Ability to articulate financial crime risks clearly.
• Proficiency in Microsoft Office applications (Outlook, Excel, Word) at Level 2 or above.
• Ability to dedicate 2-4 hours on activities requiring detailed attention and concentration.

What’s in it for you?

We thrive on challenges, growth, and collaboration to deliver trusted advice. We value diversity, support professional development, and aim to make a positive impact on our clients and communities.

• Comprehensive Total Rewards, including bonuses, benefits, and stock options.
• Leadership support for your development.
• Opportunity to make a meaningful difference.
• Work in a dynamic, collaborative, and high-performing environment.
• Challenging projects and close client relationships.

The salary range for this position is $110,000 - $190,000 (New Jersey), depending on experience, skills, and market conditions. Compensation includes base salary, discretionary bonus, and benefits such as 401(k), health insurance, and paid time off. RBC’s compensation philosophy emphasizes attracting and retaining top talent to drive performance and shareholder value.

Work arrangement: Hybrid.

Additional Details

Location: Goldman Sachs Tower, 30 Hudson Street, Jersey City, NJ.

Work hours: 40/week.

Employment type: Full-time, Salaried.

Posted: 2025-02-08. Deadline: 2025-07-05.

Equal Opportunity Statement

RBC promotes an inclusive, respectful workplace that values diversity and provides equal opportunity for all employees to thrive and grow.