Manager- High Risk Sectors
Top Benefits
About the role
Job Description
What is the opportunity?
The Manager, High Risk Sectors provides direction and/or execution of core risk decisions related to the identification, review, management, escalation, and approvals of higher risk clients, with a focus on Money Services Businesses (MSBs). This includes initial and periodic enhanced due diligence (EDD) processes to identify and address financial, regulatory, reputational, and legal risk. This role also supports the management and prioritization of team workflows/queues and may include people management. The role also includes on-going professional development to ensure knowledge is current and comprehensive with a thorough understanding of AML / CTF risk and associated regulatory requirements.
What will you do?
- Prioritize and manage the team’s EDD workflow and ensure that the Global Standards for Client Risk Management (CRM) and EDD are executed consistently;
- Complete risk assessments and execute approval process as applicable for High Risk Clients, partnering with the appropriate Money Laundering Reporting Officers, Business stakeholders, Law Group and CIS as required;
- Review and provide quality assurance to completed EDD risk assessments, where applicable;
- Communicate and follow up with business partners and/or stakeholders to obtain required information and/or documentation pertaining to risk assessment to ensure reviews / reports are completed within a timely manner;
- Escalate any gaps or issues identified in policies and procedures to strengthen the bank’s AML compliance program;
- Provide input into the development of processes, guidance documents, tools and job aids as required, in order to enhance the HRCM Strategy and ensure compliance with regulatory and policy requirements.
- Help to foster an environment and culture aligned to RBC values and which allows us to attract and retain high performing employees
What do you need to succeed?
Must-have
- Effective and strong written and oral communication skills;
- Highly developed organizational skills and the ability to work within strict deadlines;
- Demonstrated knowledge of or experience in financial and money laundering crimes/High Risk Knowledge of and/ or experience in AML Compliance, Financial Crimes investigations (within law Working knowledge of AML compliance requirements and regulations for Canada, US, Caribbean and other jurisdictions where RBC operates.
- Experience working in law enforcement or the financial sector or financial regulatory oversight.
- Skilled in Microsoft Office, specifically Excel, Word and Outlook (Level 2 or above).
- University degree or equivalent experience
Nice-to-have
- Some management experience.
- CAMS designation
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 Compliance, Critical Thinking, Data Compilation, Data Gathering Analysis, Detail-Oriented, Enhanced Due Diligence, Financial Regulation, Fraud Risk Management, Group Problem Solving, Internal Controls, Operational Integrity, Prioritization, Process Management, Professional Writing, Risk Management, Teamwork
Additional Job Details
Address:
20 KING ST W:TORONTO
City:
Toronto
Country:
Canada
Work hours/week:
37.5
Employment Type:
Full time
Platform:
GROUP RISK MANAGEMENT
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2025-11-27
Application Deadline:
2025-12-13
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
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.
Manager- High Risk Sectors
Top Benefits
About the role
Job Description
What is the opportunity?
The Manager, High Risk Sectors provides direction and/or execution of core risk decisions related to the identification, review, management, escalation, and approvals of higher risk clients, with a focus on Money Services Businesses (MSBs). This includes initial and periodic enhanced due diligence (EDD) processes to identify and address financial, regulatory, reputational, and legal risk. This role also supports the management and prioritization of team workflows/queues and may include people management. The role also includes on-going professional development to ensure knowledge is current and comprehensive with a thorough understanding of AML / CTF risk and associated regulatory requirements.
What will you do?
- Prioritize and manage the team’s EDD workflow and ensure that the Global Standards for Client Risk Management (CRM) and EDD are executed consistently;
- Complete risk assessments and execute approval process as applicable for High Risk Clients, partnering with the appropriate Money Laundering Reporting Officers, Business stakeholders, Law Group and CIS as required;
- Review and provide quality assurance to completed EDD risk assessments, where applicable;
- Communicate and follow up with business partners and/or stakeholders to obtain required information and/or documentation pertaining to risk assessment to ensure reviews / reports are completed within a timely manner;
- Escalate any gaps or issues identified in policies and procedures to strengthen the bank’s AML compliance program;
- Provide input into the development of processes, guidance documents, tools and job aids as required, in order to enhance the HRCM Strategy and ensure compliance with regulatory and policy requirements.
- Help to foster an environment and culture aligned to RBC values and which allows us to attract and retain high performing employees
What do you need to succeed?
Must-have
- Effective and strong written and oral communication skills;
- Highly developed organizational skills and the ability to work within strict deadlines;
- Demonstrated knowledge of or experience in financial and money laundering crimes/High Risk Knowledge of and/ or experience in AML Compliance, Financial Crimes investigations (within law Working knowledge of AML compliance requirements and regulations for Canada, US, Caribbean and other jurisdictions where RBC operates.
- Experience working in law enforcement or the financial sector or financial regulatory oversight.
- Skilled in Microsoft Office, specifically Excel, Word and Outlook (Level 2 or above).
- University degree or equivalent experience
Nice-to-have
- Some management experience.
- CAMS designation
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 Compliance, Critical Thinking, Data Compilation, Data Gathering Analysis, Detail-Oriented, Enhanced Due Diligence, Financial Regulation, Fraud Risk Management, Group Problem Solving, Internal Controls, Operational Integrity, Prioritization, Process Management, Professional Writing, Risk Management, Teamwork
Additional Job Details
Address:
20 KING ST W:TORONTO
City:
Toronto
Country:
Canada
Work hours/week:
37.5
Employment Type:
Full time
Platform:
GROUP RISK MANAGEMENT
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2025-11-27
Application Deadline:
2025-12-13
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
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.