Associate, US Capital Markets AML & Financial Crimes

WHAT IS THE OPPORTUNITY?

This role supports the Director US Capital Markets AML and Financial Crimes by ensuring alignment with regulatory requirements such as the FINCEN CDD Rule, the USA PATRIOT Act, and other AML policies. The opportunity involves acting as a subject matter expert in Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD), providing tailored training, and collaborating with stakeholders to assist on end-to-end change management plans for the CDD and EDD program initiatives.

WHAT WILL YOU DO?

• Advisory & Support
• Provide guidance on AML requirements for onboarding customers.
• Act as a subject matter expert on CDD, EDD, and RBC Enterprise policies.
• Respond to inquiries about AML regulatory requirements.
• Collaborate with global AML teams to align AML policies.
• Training & Knowledge Sharing
• Develop and facilitate training on regulatory requirements, internal policies, and emerging trends.
• Enhanced Due Diligence Reviews
• Review and adjudicate negative news escalations and alerts.
• Conduct due diligence assessments and liaise with various teams to advise on next steps.
• Process & Policy Enhancement
• Assist with developing and enhancing AML controls, performing gap analyses, and updating policies and procedures.
• Maintain the documentation library for AML-related policies.
• Coordinate with stakeholders to understand the onboarding process and manage client risk exposure.
• Support project delivery leads with status reporting, stakeholder engagement, and presentations.
• Promote adherence to RBC's policies on conduct, development, and regulatory guidelines.
• Stay updated on financial crimes, terrorism financing, and regulatory matters.
• Maintain industry knowledge through participation in AML-related forums and training.

WHAT DO YOU NEED TO SUCCEED?

Must have

• Undergraduate degree
• Minimum 3-4 years in financial crimes investigation, law enforcement/regulatory roles, or banking.
• In-depth understanding of the USA PATRIOT Act, BSA, and FINCEN CDD Rule.
• Demonstrable knowledge of Capital Markets products and their role in financial crimes.
• Change management experience in complex programs with high frequency of requests and multiple priorities.
• Demonstrated ability in written and oral communication skills along with strong presentation skills.
• Ability to determine the information and communication needs of the stakeholders and project.
• Strong organizational, project management and time management capabilities.
• Deadline-driven and results-oriented; able to meet consistently high quality standards while handling a variety of tasks and deadlines simultaneously.

Nice-to-have:

• Certified Anti-Money Laundering Specialist (CAMS) designation (or willingness to attain within 6 months).
• Knowledge of banking systems, SharePoint, and Capital Markets business/products.
• Strong data analytical skills.
• Critical thinking and problem-solving abilities.
• Strong interpersonal and organizational skills.
• Intuitive, inquisitive mindset.

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

The good-faith expected salary range for the above position is $80,000-135,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs.This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

* Drives RBC's high performance culture

* Enables collective achievement of our strategic goals

* Generates sustainable shareholder returns and above market shareholder value

Job Skills

Additional Job Details

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above