Job Summary

Job Description

What is the Opportunity?

Coordinate, conduct and complete risk-based investigations in support of RBC's US and Global Capital Markets businesses, 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 local US or international regulatory bodies for the purpose of complying with regulatory requirements and mitigating risk to RBC in line with established organizational policy.

Provide expertise in complex Capital Markets AML investigations and guidance on mitigating and future actions.

Support the Senior Director, Global Head of CM FIU, and the Director, Global Capital Markets FIU with respect to Global investigations and the continued development of the global CM FIU program as well as a focus as the subject matter expert for the US AML and Financial Crimes subjects.

What will you do?

Gather information/intelligence from all available sources in order to determine whether sufficient suspicion of money laundering, financing of terrorism or other criminal activities exists, to justify making a report to the relevant Regulatory Authority for the purpose of complying with legislative/regulatory requirements, and mitigating risk to RBC in line with established organizational policy

Plan, conduct and complete risk-based investigations including a regulatory filing recommendation into relevant matters across RBC’s Capital Markets business, with primary focus in the U.S.

Primary contact for US based referrals and US focused reviews; will provide SAR/No SAR recommendations directly to US AML and Financial Crimes management for all investigations conducted on US referrals and complete all required reporting elements, both external and internal

Chair the US SAR Committee in reference to investigations handled by global investigators that require a US reporting decision

Provide supervisory oversight of US activity in cross-jurisdictional investigations conducted by other Global CM FIU team members, providing material input, prior to presentation at the US SAR Committee;

Provide local engagement as needed with internal audit and testing teams as well as local regulators with respect to US investigations conducted by the Global FIU

Share knowledge and experience with CM team members globally to assist in their comprehensive understanding of investigations conducted by the Global CM FIU

Ensure that global investigation procedures align with US regulatory requirements and US local AML policies and procedures, and document all Global FIU investigation referrals to US procedural standards.

Promote, support and adhere to RBC’s policies and guidelines on Code of Conduct, Personal and Professional Development, Equal Opportunities, Health & Safety, Data Protection and Information Security, in accordance with published Policy / Guidance documents and protocols

Where required attend internal committee meetings and external meetings related to Capital Markets on behalf of either the U.S. AML & Financial Crimes team and/or with the Senior Director, Global Head of CM FIU and/or Director, Global CM FIU

Personally responsible and accountable for self-development and maintaining up to date knowledge, best practices and skills sets for relevant Capital Markets ML, Terrorist Financing (TF), sanction and other regulatory matters in support of the investigative function

In conjunction with the local U.S AML & Financial Crimes management and Global CM management, proactively develops and maintains a network of internal partners and external peers (i.e. through SIFMA) in the industry, law enforcement and other relevant partners to support investigation requirements and to ensure the Global CM FIU is aware of current threats, opportunities and best practice in the industry

Provide targeted training, coordinated by Global CM FIU, on emerging risks and trends in the CM space

What do you need to succeed?

Minimum 4 years’ experience in financial and money laundering crime investigation and / or a law enforcement / regulatory background and/or banking background.

Demonstrable knowledge of Capital Markets products and their use in Financial Crimes

Minimum 4 years’ experience in financial and money laundering crime investigation and / or a law enforcement / regulatory background and/or banking background.

Demonstrable knowledge of Capital Markets products and their use in Financial Crimes

Preferred:

Knowledge of banking systems and processes

In-depth knowledge of Capital Markets products, their trade lifecycles, settlement flows, and their use in Financial Crimes

Strong AML knowledge

FINRA securities licenses

Strong knowledge of relevant predicate offences, e.g. Market Abuse

Skilled in Open Source research

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

Opportunities to do challenging work

Opportunities to build close relationships with clients

The good-faith expected salary range for the above position is $110,000 - $190,000 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

#LI – Hybrid

#LI – POST

Job Skills

Analytical Thinking, Commercial Laws, Communication, Equal Employment Opportunity Law, Fraud Management, Fraud Risk Management, Legal Practices, Long Term Planning, Quality Orientation

Additional Job Details

Address:

GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITY

City:

Jersey City

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-09-03

Application Deadline:

2024-11-21

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
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We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.