Job Summary Job Description What is the opportunity?
What will you do?
- Work with Business Unit Leads, team members and associated stakeholders to identify, formulate, validate, document and communicate existing (and future) AML/KYC onboarding and refresh documentation requirements
- Act as a team member of the Centre of Excellence (COE) to ensure that information obtained is of high quality and satisfies the legal entity regulatory requirements inclusive of RBC Enterprise Policies and Procedures. You are expected to make judgement calls and decisions on the accuracy of client documentation verses the RBC IS regulatory requirements.
- Have a deep understanding of how to perform Client Risk Scoring, Client Identification, conduct name scanning and the KYC Onbording / refresh / remediation of the existing clients across multiple business lines. The Analyst may be required to support other business segments as business priorities shift
- Update RBC IS KYC systems and databases with the most current AML/KYC client documentation.
- Use significant business acumen, and influence to escalate high risk records or applications to AML Compliance as appropriate and obtain approvals as per established operating procedures.
- Track and report on onboarding and refresh progress including sign off status, pending responses, and action plan to obtain necessary information.
- Identify, analyze, and escalate any risks to the manager, Compliance teams (Advisory, HRC, PEP, GES ) and other business stakeholders as appropriate
- Complete mandatory RBC training on a timely basis and keep abreast of current industry knowledge, best practices, and skills sets relevant to AML/CTF, and other related regulatory matters in support of the analyst role
- Participate in regular update meetings to identify gaps, address risks, and support process improvements or efficiencies that could enhance the workflow and mitigate risk.
- Assist with Ad-Hoc projects and initiatives as required
What do you need to succeed? Must have
- 1 to 3 years of AML/KYC experience with a good understanding of Canadian Regulatory requirements
- Analytical mindset with the ability to manage several touch points on a continuous basis and deal with ambiguity
- Strong written and verbal communication skills to clearly articulate requirements and interact professionally with diverse groups
- Strong time management capabilities to multi-manage assignments while contributing to meet (or exceed) team goals/targets
- Sound judgement and decision making skills when reviweing and validating information provided
Nice to have:
- Quick learner; adapts to changing environment, ability to get things done in a quick but accurate manner
- Effectively communicates and builds rapport with team members
- comfortable working knowledge of Excel
What's in it for you?
- Excellent exposure to communicate with various business partners and stakeholders in Investor Services and within other platforms as appropriate
- Opportunity to obtain hands-on experience throughout your role
- Working with an exciting, close-knit, supportive \& dynamic group
- Opportunity to collaborate with other business segments within the bank
- Excellent career development and progression opportunities
- A comprehensive Total Rewards Program including bonuses and flexible benefits
- Competitive compensation
Job Skills
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Note : Applications will be accepted until 11:59 PM on the day prior to the application deadline date above I **nclusion and Equal Opportunity Employment**
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