Associate Director, AML Compliance
Top Benefits
About the role
Job Description
What is the opportunity?
As an Associate Director within AML Compliance Australia, you will be responsible for implementing the framework that prevents the illicit use of RBC’s products and systems for financial crimes, ensures continued compliance with relevant laws and regulations and protects RBC’s reputation.
Within the second line of defense, the role sits in APAC AML Advisory and provides for risk oversight and advisory support to Capital Markets businesses in APAC, including Australia. The team focusses on matters relating to regulatory compliance and risk management for anti-money laundering and counter-terrorist financing (collectively as “AML”), anti-bribery and anti-corruption (“ABAC”), and sanctions compliance, in accordance with applicable legal, regulatory, and internal requirements.
What will you do?
- Acting as advisor to the business and supporting the Australia’s Money Laundering Reporting Officer (MLRO), ensuring local regulatory requirements are appropriately understood and adhered to. Concurrently, in a regional capacity, ensuring appropriate risk oversight and support to program management and other internal requirements.
- Render technical advice on relevant matters, including around client Know Your Customer (KYC) and customer due diligence.
- Liaise with regulatory authorities and law enforcement units and represent RBC to participate industry working group or association.
- Keep abreast of legal and regulatory changes and perform gap/impact analyses where necessary. Act as liaison with the business and support functions to understand any change risk.
- Actively contribute to enterprise AML, sanctions and ABAC projects and initiatives.
- All internal escalations, alerts, suspicious activity reports are acknowledged, investigated, and promptly concluded in accordance with policy.
- Drive AML, sanctions and ABAC risk awareness training campaigns across the organisation and foster a culture of compliance.
- Timely and accurately respond to enquiries and requests from regulatory authorities, law enforcement, senior management and internal/external auditors, in accordance with relevant requirements.
What do you need to succeed?
Must-have
- Relevant tertiary education in a relevant discipline (e.g. Law, Accounting, etc).
- Strong understanding on products, services, and transactions in the capital markets environment, gained within major financial institutions.
- Advanced knowledge on AML/KYC, sanctions and ABAC legal and regulatory requirements, compliance principles and governance.
- Understanding of compliance and risk & control frameworks.
- Diligent and competent to work in a matrix organisation and offshore groups.
- Ability to prioritise and demonstrated sound judgement and risk-based decisions.
- Interpersonal and communication skills, and with the ability to network, engage and influence stakeholders for optimal compliance outcomes.
Nice-to-have
- Relevant financial crime compliance industry credentials (e.g. ACAMS, ACSS, etc).
- Knowledge of additional languages is considered an asset.
What is 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, flexible benefits and competitive compensation
- Leaders who support your development through coaching and managing opportunities
- Opportunities to work with the best in the field
- 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
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 Director, AML Compliance
Top Benefits
About the role
Job Description
What is the opportunity?
As an Associate Director within AML Compliance Australia, you will be responsible for implementing the framework that prevents the illicit use of RBC’s products and systems for financial crimes, ensures continued compliance with relevant laws and regulations and protects RBC’s reputation.
Within the second line of defense, the role sits in APAC AML Advisory and provides for risk oversight and advisory support to Capital Markets businesses in APAC, including Australia. The team focusses on matters relating to regulatory compliance and risk management for anti-money laundering and counter-terrorist financing (collectively as “AML”), anti-bribery and anti-corruption (“ABAC”), and sanctions compliance, in accordance with applicable legal, regulatory, and internal requirements.
What will you do?
- Acting as advisor to the business and supporting the Australia’s Money Laundering Reporting Officer (MLRO), ensuring local regulatory requirements are appropriately understood and adhered to. Concurrently, in a regional capacity, ensuring appropriate risk oversight and support to program management and other internal requirements.
- Render technical advice on relevant matters, including around client Know Your Customer (KYC) and customer due diligence.
- Liaise with regulatory authorities and law enforcement units and represent RBC to participate industry working group or association.
- Keep abreast of legal and regulatory changes and perform gap/impact analyses where necessary. Act as liaison with the business and support functions to understand any change risk.
- Actively contribute to enterprise AML, sanctions and ABAC projects and initiatives.
- All internal escalations, alerts, suspicious activity reports are acknowledged, investigated, and promptly concluded in accordance with policy.
- Drive AML, sanctions and ABAC risk awareness training campaigns across the organisation and foster a culture of compliance.
- Timely and accurately respond to enquiries and requests from regulatory authorities, law enforcement, senior management and internal/external auditors, in accordance with relevant requirements.
What do you need to succeed?
Must-have
- Relevant tertiary education in a relevant discipline (e.g. Law, Accounting, etc).
- Strong understanding on products, services, and transactions in the capital markets environment, gained within major financial institutions.
- Advanced knowledge on AML/KYC, sanctions and ABAC legal and regulatory requirements, compliance principles and governance.
- Understanding of compliance and risk & control frameworks.
- Diligent and competent to work in a matrix organisation and offshore groups.
- Ability to prioritise and demonstrated sound judgement and risk-based decisions.
- Interpersonal and communication skills, and with the ability to network, engage and influence stakeholders for optimal compliance outcomes.
Nice-to-have
- Relevant financial crime compliance industry credentials (e.g. ACAMS, ACSS, etc).
- Knowledge of additional languages is considered an asset.
What is 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, flexible benefits and competitive compensation
- Leaders who support your development through coaching and managing opportunities
- Opportunities to work with the best in the field
- 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
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.