OverviewRBC Analyst, High Risk Client Management – 12 Month Contract Contract in Toronto, ON
Branch Toronto ON CA
Analyst, High Risk Client Management – 12 Month Contract
Knowledge of banking systems and processes. Leaders who support your development through coaching and managing opportunities….
What is the opportunity?
The position is a 12-month contract with the Ultra High Net Worth, High Risk Client Team. This Team is responsible for conducting Enhanced Due diligence analysis on the high risk client populations in the Ultra High Net Worth and Enterprise Strategic Client streams.
The Analyst, High Risk Client Management will prioritize and conduct Enhanced Due Diligence analysis as assigned by the Manager/Senior Manager that will involve research using RBC approved techniques and tools to assess if a client’s Source of Wealth / Revenues are from legitimate activities, relevant adverse information (RAI) and other high risk client factors as applicable.
What will you do?
Prioritize and conduct ML and TF analyses and provide Key Risk Indicators (KRI) for the purpose of mitigating financial, regulatory, reputational and legal risk to RBC for higher risk clients.
Works with stakeholders to ensure that analyses are escalated where relevant and that they are conducted within defined timelines, RBC guidelines, processes and procedures and in accordance with RBC Goals.
Utilize EDD information to produce a client risk assessment identifying the inherent AML, ABAC, Terrorist Financing/Sanctions, PEP/Political, Tax and associated reputational risks and consider the materiality of the risks and assessing any mitigation to the risks identified.
Assigning an appropriate risk rating to a client in accordance with RBC’s risk rating methodologies.
Personally responsible and accountable for self-development and maintaining up to date knowledge, best practices and skills sets for relevant ML, TF and other regulatory matters in support of the analytical function.
Update and maintain electronic and paper files ensuring accuracy, timeliness and thoroughness with an emphasis on quality.
In conjunction with Managers and the Senior Managers, develop and maintain a network of internal partners and external peers in the industry to support analytical requirements.
What do you need to succeed?
Effective and strong written and oral communication skills.
Highly developed organizational skills and the ability to work within strict deadlines.
University degree or equivalent experience.
Skilled in Microsoft Office Outlook, Excel, Word applications. – (Level 2 or above).
Demonstrated knowledge of or experience in financial and money laundering crimes/High Risk Clients/EDD investigations and / or a law enforcement / regulatory background and/or banking background.
Knowledge of banking systems and processes.
Fluency in Mandarin or Cantonese.
Strong AML knowledge – CAMS designation preferable.
Strong knowledge of relevant predicate offences, e.g. fraud is considered an advantage.
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
Leaders who support your development through coaching and managing opportunities
Work in a dynamic, collaborative, progressive, and high-performing team
Opportunities to do challenging work
Royal Bank of Canada is Canada’s largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit rbc.com .
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Inclusion and Equal Opportunity Employment
RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.
Address: 222 Bay Street
Work Hours/Week: 37.5
Work Environment: Office
Employment Type: Contract
Career Level: Experienced Hire/Professional
Pay Type: Salary + Variable Bonus
Required Travel (%): 0
People Manager: No
Application Deadline: 2018-06-06
Req ID: 165027
Posting Notes: [[mfield1]]
Employment Type: Freelance
Location: Toronto, ON, CA
Posted on: 2018-05-24