Job Description What is the opportunity? As Manager, High Risk Sectors, you will support the Senior Manager, High Risk Sectors by providing direction and execution of core risk decisions related to the identification, review, management, and escalation of higher risk clients. This includes risk assessment and enhanced due diligence (EDD) processes to assess if a client is within RBC’s AML Risk Appetite. You will support one or more of: Money Services Businesses, Correspondent Banking,Cannabis Related Businesses, White Label ATMs, Alternative Lenders, Cheque Cashers, Payment Processors, Virtual Asset Service Providers,or other sectors identified as presenting higher risk of money laundering. As Manager, High Risk Client Management, you will also provide risk assessment approvals, coaching, and other routines to ensure that individual / collective teams’ knowledge is current, so that outcomes are based on a thorough understanding of risk involved and are made in the context of AML / CTF regulatory requirements. What will you do? Prioritize and manage the team’s EDD workflow and ensure that the Global Standards for Client Risk Management (CRM) and EDD are executed consistently; Complete risk assessments and execute approval process as applicable for High Risk Clients, partnering with the appropriate Money Laundering Reporting Officers, Business stakeholders, Law Group and CIS as required; Review and provide quality assurance to completed EDD risk assessments, where applicable; Communicate and follow up with business partners and/or stakeholders to obtain required information and/or documentation pertaining to risk assessment to ensure reviews / reports are completed within a timely manner; Escalate any gaps or issues identified in policies and procedures to strengthen the bank’s AML compliance program; Provide input into the development of processes, guidance documents, tools and job aids as required, in order to enhance the HRCM Strategy and ensure compliance with regulatory and policy requirements. Help to foster an environment and culture aligned to RBC values and which allows us to attract and retain high performing employees What do you need to succeed? Must-have 2+ years of strong Financial Crimes, AML/Fraud knowledge to prevent the use of RBC’s financial services for money laundering and terrorist financing Effective and strong written and oral communication skills; Highly developed organizational skills and the ability to work within strict deadlines; Demonstrated knowledge of or experience in financial and money laundering crimes/High Risk Knowledge of and/ or experience in AML Compliance, Financial Crimes investigations (within law Working knowledge of AML compliance requirements and regulations for Canada, US, Caribbean and other jurisdictions where RBC operates. Experience working in law enforcement or the financial sector or financial regulatory oversight. Skilled in Microsoft Office, specifically Excel, Word and Outlook (Level 2 or above). University degree or equivalent experience Nice-to-have Some management experience. CAMS designation What is in it for you? We thrive on the challenge to be our best, progressive thinking, to keep growing, and working together to build and deliver trusted reporting to help our stakeholders succeed 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, Ability to make a difference and lasting impact Work in a dynamic, collaborative, progressive, and high-performing team Opportunities to take on progressively greater accountabilities Job Skills Anti-Money Laundering Compliance, Critical Thinking, Data Compilation, Data Gathering Analysis, Detail-Oriented, Enhanced Due Diligence, Financial Regulation, Fraud Risk Management, Group Problem Solving, Internal Controls, Operational Integrity, Prioritization, Process Management, Professional Writing, Risk Management, Teamwork Additional Job Details Address: 20 KING ST W:TORONTO City: Toronto Country: Canada Work hours/week: 37.5 Employment Type: Full time Platform: GROUP RISK MANAGEMENT Job Type: Regular Pay Type: Salaried Posted Date: 2025-08-19 Application Deadline: 2025-09-03 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Inclusion and Equal Opportunity Employment At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all. Join our Talent Community Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. 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 jobs.rbc.com. Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com.? We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.
