Associate, U.S. Capital Markets Financial Crimes Advisory
Top Benefits
About the role
WHAT IS THE OPPORTUNITY?
RBC is seeking an AML Investigator to join its U.S. Capital Markets Financial Crimes Advisory team. This role involves conducting investigations, drafting SARs, supporting cross-border businesses, handling regulatory requests, and contributing to Financial Crimes policy and program enhancements. The successful candidate will have AML/Financial Crimes experience, strong knowledge of BSA/USA PATRIOT Act/OFAC, and expertise in Capital Markets compliance.
WHAT WILL YOU DO?
- Conduct reviews of transactional activity to assess potential money laundering, terrorist financing, or other illicit activities.
- Gather and analyze intelligence from multiple sources to determine suspicion and recommend/report findings to FinCEN.
- Recommend and draft Suspicious Activity Reports (SARs) and maintain investigative documentation in line with regulatory and RBC policy requirements.
- Support the U.S. Financial Crimes Program, including RBC Capital Markets, LLC, RBC Real Estate Capital Corp, RBC CMA LTD and other U.S. entities.
- Assist with escalations, approvals, sanctions-related reviews, and negative news and transaction monitoring alerts.
- Assess and respond to information-sharing requests (314(a) and 314(b)).
- Assist with the oversight and tracking of cross-border services terminations and relationship exits.
- Contribute to monthly/quarterly Financial Crimes reporting and enterprise risk assessments.
- Assist in the development, enhancement, and testing of Financial Crimes policies, procedures, and controls.
- Perform gap analysis between internal controls and regulatory requirements.
- Act as a subject matter expert on U.S. AML/ Financial Crimes and sanctions risks specific to Capital Markets products and entities.
- Collaborate with global Financial Crimes teams to ensure consistency and share best practices.
- Assist in developing and delivering targeted Financial Crimes training programs on emerging risks and regulatory changes.
- Maintain training records and support knowledge-sharing initiatives across the Financial Crimes team.
- Stay current with evolving AML, Sanctions, and ABAC regulations, guidance, and industry trends.
WHAT DO YOU NEED TO SUCCEED?
Must have
- Bachelor’s degree.
- 3-5 years of experience in AML, financial crimes compliance, or related field within Capital Markets or Banking with 1+ years of experience in an investigative role.
- Strong knowledge of U.S. AML laws and regulations, including BSA, USA PATRIOT Act, FinCEN guidance, and OFAC requirements.
- Experience drafting SARs, conducting investigations, and managing regulatory requests.
- Excellent analytical, writing, and problem-solving skills.
- Strong interpersonal skills with the ability to collaborate across teams and functions.
- Strong organizational, project management and time management capabilities.
- A strong understanding of technology and/or financial services industry.
- 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 and Capital Markets business/products.
- Strong data analytical skills.
- Effective written and oral communication skills.
- Critical thinking and problem-solving abilities.
- Strong interpersonal and organizational skills.
- Intuitive, inquisitive mindset.
- Understanding of relevant emerging risks a plus (e.g. cryptocurrency)
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
#LI-POST
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.
Associate, U.S. Capital Markets Financial Crimes Advisory
Top Benefits
About the role
WHAT IS THE OPPORTUNITY?
RBC is seeking an AML Investigator to join its U.S. Capital Markets Financial Crimes Advisory team. This role involves conducting investigations, drafting SARs, supporting cross-border businesses, handling regulatory requests, and contributing to Financial Crimes policy and program enhancements. The successful candidate will have AML/Financial Crimes experience, strong knowledge of BSA/USA PATRIOT Act/OFAC, and expertise in Capital Markets compliance.
WHAT WILL YOU DO?
- Conduct reviews of transactional activity to assess potential money laundering, terrorist financing, or other illicit activities.
- Gather and analyze intelligence from multiple sources to determine suspicion and recommend/report findings to FinCEN.
- Recommend and draft Suspicious Activity Reports (SARs) and maintain investigative documentation in line with regulatory and RBC policy requirements.
- Support the U.S. Financial Crimes Program, including RBC Capital Markets, LLC, RBC Real Estate Capital Corp, RBC CMA LTD and other U.S. entities.
- Assist with escalations, approvals, sanctions-related reviews, and negative news and transaction monitoring alerts.
- Assess and respond to information-sharing requests (314(a) and 314(b)).
- Assist with the oversight and tracking of cross-border services terminations and relationship exits.
- Contribute to monthly/quarterly Financial Crimes reporting and enterprise risk assessments.
- Assist in the development, enhancement, and testing of Financial Crimes policies, procedures, and controls.
- Perform gap analysis between internal controls and regulatory requirements.
- Act as a subject matter expert on U.S. AML/ Financial Crimes and sanctions risks specific to Capital Markets products and entities.
- Collaborate with global Financial Crimes teams to ensure consistency and share best practices.
- Assist in developing and delivering targeted Financial Crimes training programs on emerging risks and regulatory changes.
- Maintain training records and support knowledge-sharing initiatives across the Financial Crimes team.
- Stay current with evolving AML, Sanctions, and ABAC regulations, guidance, and industry trends.
WHAT DO YOU NEED TO SUCCEED?
Must have
- Bachelor’s degree.
- 3-5 years of experience in AML, financial crimes compliance, or related field within Capital Markets or Banking with 1+ years of experience in an investigative role.
- Strong knowledge of U.S. AML laws and regulations, including BSA, USA PATRIOT Act, FinCEN guidance, and OFAC requirements.
- Experience drafting SARs, conducting investigations, and managing regulatory requests.
- Excellent analytical, writing, and problem-solving skills.
- Strong interpersonal skills with the ability to collaborate across teams and functions.
- Strong organizational, project management and time management capabilities.
- A strong understanding of technology and/or financial services industry.
- 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 and Capital Markets business/products.
- Strong data analytical skills.
- Effective written and oral communication skills.
- Critical thinking and problem-solving abilities.
- Strong interpersonal and organizational skills.
- Intuitive, inquisitive mindset.
- Understanding of relevant emerging risks a plus (e.g. cryptocurrency)
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
#LI-POST
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.