Job Description What is the opportunity? In support of the RBC Global AML Compliance Program, the AML Model Validation Manager provides support and daily execution within the Model Validation team to ensure that RBC is maintaining the ongoing effectiveness of AML monitoring program. The candidate will report to the Senior Manager of AML Model Validation. The main duties and responsibilities as an individual contributor will be to implement and execute substantive money laundering or terrorist financing risk management practices relevant to Rules Management and related Frameworks. This includes the defining and scoping the validation required of new/existing rules and models, as well as decommissioned rules. The incumbent will provide continuous close support to Global AML Compliance by implementing successful AML strategies within RBC. What will you do? Proactively validating solutions and AML surveillance as it applies to detecting and counteracting emerging risks and typologies for ML/TF/Tax Evasion/ABAC/etc as well as continuously assessing RBC’s risk exposure. Ability to articulate the scope and approach on the Enterprise wide approach to model validation to RBC Management, External Regulators, and Internal Audit Support and manage independent validations of AML models and scenarios across various lines of business and ensure that any deficiencies are properly documented and reported Have the ability to develop concepts, plan a course of action, execute the plan in a reasonable amount of time, and deliver results in a thorough and organized presentation Leverage and support the AML Model Validation Manager to make model related decisions and assist in development and maintenance of documentation Effectively communicate inherent model risks and limitations, develop methodologies that demonstrate and challenge assumptions within models, and evaluate metrics as a component of each validation Support the Manager of AML Model Validation to effectively challenge, pursuant to the model requirements definition, model developers, and business stakeholders Ensure the execution of any model validation effort is in line with the AML Governance Model Validation methodology, policies, and standards. What do you need to succeed? Bachelor Degree (3 years experiences) / Master / PHD / in Statistics, Actuarial Science, Mathematics etc. Teamwork is essential - the ability to function effectively in a cooperative environment is a requirement Excellent written communication skills, and the ability to understand a complex problem and articulate to a business audience Very strong interpersonal and analytical skills Strong written and oral communication skills; business writing experience Very good working knowledge of Microsoft suite and other data mining applications (SAS, Python, R, and SQL) Knowledge of regulations related to AML and AT Working background/experience with the major business segments of RBC Nice to have ACAMS, Certified Internal Audit, SAS, SQL, Python, R ACAMS certification What's in it for you? We thrive on the challenge to be our best, on progressive thinking to keep growing, and on working together to deliver trusted advice to help our clients succeed. Working in collaborative teams, we care about each other, reaching our potential, making a difference to our communities and achieving success that is mutual. Become part of a dynamic, collaborative, progressive, inclusive, respectful, and high-performing team Continued opportunities for career advancement A comprehensive Total Rewards Program including pension and flexible benefits An excellent onboarding and ongoing training program Job Skills Anti Money Laundering Training, Business Perspective, Communication, Decision Making, Financial Regulation, Interpersonal Relationship Management, Operational Integrity, Organizational Governance, Process Management, Strategic Thinking 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: 2025-10-30 Application Deadline: 2025-11-15 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.
