RBC Job Openings – AML & Financial Crimes

Website RBC

Job Description:

As a member of the US AML & Financial Crimes Team, the candidate will provide support for the RBC Capital Markets US Anti-Money Laundering (“AML) Program, including coverage of RBC Capital Markets LLC (“RBCCM”) and Royal Bank of Canada – World Financial Center branch (“RBC-WFC Branch”) with a primary focus on Cross Border Services.


Job Responsibilities:

  • Act as a subject matter expert with respect to Cross Border service activities including handling AML inquiries from the front and back office and infrastructure groups;
  • Represent US AML & Financial Crimes on Monthly Cross Border calls led by Product Management involving key cross border stakeholders;
  • Review and approve new applicants for the Cross Border Services business, including reviews for Cross Border Services clients deemed to be high risk, based on EDD reviews completed by HRC;
  • Conduct supervisory reviews of monthly surveillance alerts for RBC Clients resolved by GAMLAA and initiate investigations, as appropriate;
  • Coordinate with relevant stakeholders to update and enhance Cross Border Services business processes, procedures, and work flows;
  • Liaise with Cross Border Services Product Managers relating to potential termination of Cross Border Services for RBC Clients;
  • Interact with Canadian-based teams (FIU, HRC, I&A, GAMLAA, Product Managers, CBSQT) related to surveillance alerts, AML investigations and EDD reviews for RBC Clients;
  • Liaise with the Head and/or Deputy Head of US AML on investigations and recommendations including SAR reporting;
  • Escalate any AML, Economic Sanctions and/or ABAC issues (including investigations and/or concerns) to the Head and/or Deputy Head of US AML;

Job Requirements:

  • Strong research, writing and analytic skills
  • Strong organizational skills
  • Excellent communication skills (verbal & written)

Job Details:

Company: RBC

Vacancy Type:  Full Time

Job Location: Newark, NJ, US

Application Deadline: N/A


Apply Here


 Report Job