Top Benefits
About the role
What is the opportunity?
The International AML Alert Analysis Team (IAMLAAT) provides a triage function within the AML Financial Intelligence Unit (FIU) by reviewing flagged client activity and determining when client activity does not warrant further review and when client activity requires escalation to AML Investigations.
As Manager, US AML Alert Analysis, you will review transaction monitoring alerts and UTRs, assess the client activity against the risks that were identified to determine if the alert warrants further AML investigation. You will document the findings/rationale accordingly.
What will you do?
- Conduct risk-based reviews of AML transaction monitoring and UTR alerts for all applicable business lines in accordance with IAMLAAT standards to escalate unusual activity for further review and to close false positives.
- Gather, research, analyze & evaluate relevant information in a timely manner to determine whether sufficient suspicion exists of money laundering, financing of terrorism or other criminal activities.
- Prepare reports that adequately document rationale for escalation or closure to mitigate risk to RBC and provide clear direction and guidance to internal AML investigation partners responsible for further reviewing IAMLAAT’s escalations.
- Demonstrate a strong understanding of the various business lines IAMLAAT is responsible for monitoring, including the unique AML risks applicable to those business lines.
- Advise/escalate to Senior Manager any trends or issues and take action to propose improvements to workflow, processes, and tools.
What do you need to succeed?
Must-have
- Strong investigative, analytical, and critical thinking skills with the ability to support conclusions with sound reasoning
- Excellent written and verbal communication skills
- Excellent time management skills
- Strong interpersonal skills and eagerness to collaborate with team members and colleagues
- Experience with Microsoft Excel
What is in it for you?
We thrive on the challenge to be our best, progressive thinking, to keep growing, and working together to build and deliver trusted reporting to help our stakeholders succeed 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
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to take on progressively greater accountabilities
Job Skills
Anti Money Laundering Training, Business Perspective, Communication, Decision Making, Financial Regulation, Interpersonal Relationship Management, Operational Integrity, Organizational Governance, Process Management, Strategic Thinking
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.
Top Benefits
About the role
What is the opportunity?
The International AML Alert Analysis Team (IAMLAAT) provides a triage function within the AML Financial Intelligence Unit (FIU) by reviewing flagged client activity and determining when client activity does not warrant further review and when client activity requires escalation to AML Investigations.
As Manager, US AML Alert Analysis, you will review transaction monitoring alerts and UTRs, assess the client activity against the risks that were identified to determine if the alert warrants further AML investigation. You will document the findings/rationale accordingly.
What will you do?
- Conduct risk-based reviews of AML transaction monitoring and UTR alerts for all applicable business lines in accordance with IAMLAAT standards to escalate unusual activity for further review and to close false positives.
- Gather, research, analyze & evaluate relevant information in a timely manner to determine whether sufficient suspicion exists of money laundering, financing of terrorism or other criminal activities.
- Prepare reports that adequately document rationale for escalation or closure to mitigate risk to RBC and provide clear direction and guidance to internal AML investigation partners responsible for further reviewing IAMLAAT’s escalations.
- Demonstrate a strong understanding of the various business lines IAMLAAT is responsible for monitoring, including the unique AML risks applicable to those business lines.
- Advise/escalate to Senior Manager any trends or issues and take action to propose improvements to workflow, processes, and tools.
What do you need to succeed?
Must-have
- Strong investigative, analytical, and critical thinking skills with the ability to support conclusions with sound reasoning
- Excellent written and verbal communication skills
- Excellent time management skills
- Strong interpersonal skills and eagerness to collaborate with team members and colleagues
- Experience with Microsoft Excel
What is in it for you?
We thrive on the challenge to be our best, progressive thinking, to keep growing, and working together to build and deliver trusted reporting to help our stakeholders succeed 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
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to take on progressively greater accountabilities
Job Skills
Anti Money Laundering Training, Business Perspective, Communication, Decision Making, Financial Regulation, Interpersonal Relationship Management, Operational Integrity, Organizational Governance, Process Management, Strategic Thinking
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.