Manager, AML Investigation Support Jobs in Halifax, Canada at 0000050007 Royal Bank of Canada
Job Description
What is the opportunity?The AML Investigation Support Team (AMLIST) plays an important role in the execution of numerous workflows within RBC’s AML FIU by:
Planning, conducting, and completing risk based investigations into matters referred to the Team, through the gathering, analysis, and evaluation of relevant information in order to determine whether sufficient suspicion exists of money laundering, financing of terrorism, or other criminal activities, to justify making a report to the Regulatory Authority for the purpose of complying with legislative/regulatory requirements, and mitigating risk to RBC in line with established organizational policy.
Conducting end-to-end investigations from the initial alert review to the filing of STRs to FINTRAC through the STR Assisted Processing (STRAP) and Post Demarket STR processes.
Taking decisive action on alerts and cases which require some form of diligence beyond the mandate of the GAMLAAT and which do not require the involvement of AML Investigations (i.e. there is no deemed reporting requirement).
Reviewing case escalations and/or TRM alerts to assess the client activity against a pre-determined risk appetite and determines if the case/alert warrants further AML Investigation, Cease & Desist letters, Account Closure or Demarket while documenting the approach accordingly.
What will you do?
Contribute to the growth and continued development of the STR Assisted Processing and Post Demarket STR Processes.
Plan, conduct, and complete risk-based investigations into relevant matters referred to the Team, in line with approved processes, including but not limited to those originating from:
Referrals from internal partners and other business units where suspicious activity appears to have continued following an initial STR until the termination of a client relationship.
Referrals from RBC’s CAMLAAT.Other required STRs that may fall within the AMLIST’s scope.
Ensure alerts & cases contain sufficient documentation and rationale for escalation, or closure to support initial triage of the activity and mitigate risk to RBC.
Review and action escalations from CAMLAAT, AML Investigations, HRC and other teams within RBC’s AML FIU for workflows including but not limited to Punitive Account Violations (such as BTP and ULRG typologies), Know Your Client Deficiency (KYCD), Iran MD LCTR reviews, and HRC Account Closures.
Advise/escalate to Senior Manager any trends or issues and take action to propose improvements to workflow, processes and tools.
Fulfill annual compliance training hour requirements.
Active participation in RBC Reward & Recognition programs and Employee Opinion Survey and results.
Promote a values-based, respectful, flexible, and inclusive workplace; embrace diverse styles and perspectives.
What do you need to succeed?
Must-have
Experience in financial crime and/or money laundering investigations within banking, law enforcement, or a regulatory body preferred.
Undergraduate university degree or equivalent.
Experience with Microsoft Excel
Strong written and analytical skills
Nice-to-have
CAMS designation
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 a dynamic, collaborative, progressive, and high performing team
A world-class training program in financial services
Flexible work/life balance options
Opportunities to do challenging work
Job Skills
Anti-Money Laundering (AML), Communication, Data Gathering Analysis, Detail-Oriented, Financial Regulation, Fraud Risk Management, Group Problem Solving, Internal Controls, Operational Integrity, Process Management
Additional Job Details
Address:
WATERPARK PLACE, 20 BAY…
Title: Manager, AML Investigation Support
Company: 0000050007 Royal Bank of Canada
Location: Halifax, Canada
Category:
