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AML Investigator

Company: Royal Bank of Canada
Location: Raleigh
Posted on: November 26, 2022

Job Description:

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 integrity.

Job Title

AML Investigator

Job Description

* 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 as needed.

* 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 investigations.

* 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, as needed.

* Serve as escalation point for potential sanctions hits as identified through Control List Filter (CLF) and other local OFAC processes.

* 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 sheets.

* Other critical duties as assigned.

Job Summary

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

Work hours/week:


Employment Type:

Full time


Group Risk Management

Job Type:


Pay Type:


Posted Date:


Application Deadline:


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 communities.

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 process.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at rbc.com/careers.

Keywords: Royal Bank of Canada, Raleigh , AML Investigator, Other , Raleigh, North Carolina

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