Job Summary Job Description What is the opportunity? What will you do?
- Mitigate RBC's regulatory, legal, reputational, and financial risks by conducting investigations, leading projects, and generally contributing to the development and enhancement of RBC's controls related to sanctions and export control evasion to ensure RBC continues to comply with all applicable economic sanctions laws and regulations.
- Maintain a strong and in-depth knowledge of Canadian, US, UK and EU sanctions regulations, as well as Canadian and US export control regulations, and stay abreast of changes to sanctions and export controls regulations.
- Day-to-day management of sanctions and export control evasion investigations, including proactively identifying higher risk clients and transactions
- Assess potential sanctions as well as sanctions and export control evasion risks, ensuring that clients are not engaging in prohibited activities through RBC accounts and transactions are properly assessed given higher sanctions and export control evasion risks.
- Maintain accurate documentation of investigations and assessments of sanctions regulations per established procedures.
- Act as a point of escalation to internal partners and RBC units globally that require guidance/direction on sanctions and export control evasion.
- Identify clients and transactions that pose unacceptable sanctions risks to RBC and engage the Senior Management in Global Economic Sanctions to share these risks to RBC, including identifying and reporting transactions/activities to FINTRAC and drafting disclosures to law enforcement where potential violations of sanctions laws have been identified.
- Lead projects enhancing RBC's sanctions-related controls to incorporate sanctions and export control evasion risks globally.
What do you need to succeed? Must have
- Experience demonstrating strong written and oral communication skills
- Experience collaborating effectively with internal and external partners
- Expert knowledge of sanctions regulations/ guidance and compliance challenges (e.g. deemed ownership)
Nice to have
- An opportunity to do great and meaningful work with lasting impact
- Leaders who support your development through coaching and managing opportunities
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to take on progressively greater scopes of work
- A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation
Additional Job Details
Royal Bank of Canada
