Company: Royal Bank of Canada
Posted on: November 26, 2022
Come Work with Us!
At RBC, our culture is deeply supportive and rich in opportunity
and reward. You will help our clients thrive and our communities
prosper, empowered by a spirit of shared purpose.
Whether you're helping clients find new opportunities, developing
new technology, or providing expert advice to internal partners,
you will be doing work that matters in the world, in an environment
built on teamwork, service, responsibility, diversity, and
* Assist the Director, AML Compliance (BSA Officer) and Senior
Manager, AML Governance (Deputy BSA Officer) with the ongoing
maintenance of the AML Compliance Program for RBC Bank.
* Complete Client Risk Rating (CRR) analysis and complete Enhanced
Due Diligence (EDD) for higher-risk clients. Prepare, or assist
with the preparation of, thorough and accurate Enhanced Due
Diligence (EDD) reports to articulate relevant AML risks and
support the High Risk Client (HRC) governance process.
* Support the High Risk Client rolling review process by confirming
that clients have been accurately risk rated and conduct Enhanced
Due Diligence (EDD) and other file reviews for higher-risk clients
* Review manual and/or automated escalations to sustain an
effective AML transaction monitoring process for RBC Bank. Conduct
investigations and maintain appropriate documentation for all
conclusions (SAR/No SAR). Make recommendations for the filing of
Suspicious Activity Reports (SARs) and/or demarketing of clients.
Prepare timely and thorough SARs as necessary.
* Initiate 314(b) requests to other participating financial
institutions as deemed necessary to further advance
* Support Global AML investigations and/or demarketing efforts
involving RBC Bank clients, working with colleagues across Global
Compliance on joint investigations, as needed.
* Support RBCBG Fraud as necessary on Fraud Investigations and
complete related SARs
* Execution of 314(a) searches and resolution of potential matches,
* Serve as escalation point for potential sanctions hits as
identified through Control List Filter (CLF) and other local OFAC
* Engage with the lines of business to ensure questions regarding
clients are answered timely and effectively.
* Maintain compliance-related records to include fraud attempts,
EDD investigations, criminal subpoenas and other relevant tracking
* Other critical duties as assigned.
The AML Investigator supports and/or performs the day-to-day
execution of regulatory processes, in particular processes designed
to identify and mitigate Anti-Money Laundering (AML) risk such as
Customer Identification Program (CIP), Customer Due Diligence/Know
Your Customer (CDD/KYC), Client Risk Rating (CRR), Enhanced Due
Diligence (EDD), maintenance of higher risk clients, transaction
monitoring/investigations/Suspicious Activity Reports (SARs) and
OFAC requirements. Additionally, the AML Investigator will support
the ongoing AML compliance program through the execution of other
regular processes related to regulatory or policy requirements, as
required, which may include periodic oversight testing, maintenance
of AML-related processes, or other duties.
Raleigh, North Carolina, United States of America
United States of America
Group Risk Management
Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and
growth. We are committed to building inclusive teams and an
equitable workplace for our employees to bring their true selves to
work. We are taking actions to tackle issues of inequity and
systemic bias to support our diverse talent, clients and
We also strive to provide an accessible candidate experience for
our prospective employees with different abilities. Please let us
know if you need any accommodations during the recruitment
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Keywords: Royal Bank of Canada, Raleigh , AML Investigator, Other , Raleigh, North Carolina
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