Analyst, (AML) High Risk Client Management

Overview

Analyst, (AML) High Risk Client Management (HRCM) role at RBC. The Analyst will conduct Enhanced Due Diligence (EDD) analysis for clients to assess AML risk within RBC’s risk appetite and recommend a risk rating. Works in collaboration with first and second lines of defense and other key stakeholders on onboarding and ongoing assessments.

What is the opportunity?

The Analyst, High Risk Client Management (HRCM) reports to the Senior Manager HRCM. In collaboration with client facing professionals, AML Advisory, and other stakeholders, the Analyst conducts Enhanced Due Diligence (EDD) analyses to identify inherent and conduct risk factors, including where required historic and current source of wealth. The Analyst prepares client risk assessments for Senior Management review and approval and ensures assessments are conducted within RBC guidelines, policies and procedures. The role requires ongoing professional development to ensure outcomes, decisions, and recommendations reflect AML / CTF regulatory requirements.

What will you do?

Case Work and Enhanced Due Diligence (EDD)

• Conduct EDD for higher risk clients to identify high risk factors and mitigate financial, regulatory, reputational, and legal risks to RBC.
• Perform research using RBC-approved techniques to evaluate money laundering / terrorist financing, regulatory, and reputational risks.
• Prepare accurate client risk assessments to clearly communicate risks and recommendations.
• Prioritize and prepare client risk assessments and reviews within RBC guidelines to facilitate Senior Management decision and approval.
• Assign appropriate risk ratings according to RBC’s risk rating methodology.
• Review, triage, and assess alerts and referrals per RBC policies to determine if further investigation is required.
• Initiate and / or execute due diligence to determine whether an EDD review is required and ensure necessary information is obtained.
• File Suspicious Transaction Reports (STR) when Reasonable Grounds to Suspect (RGS) is met.

Manage Relationships and Collaborate with Service Partners

Accountability and Personal Development

Manage Regulatory Risks

What do you need to succeed?

Must-have

Nice-to-have

What’s in it for you?

We offer a comprehensive Total Rewards Program, opportunities for development, world-class training, and a collaborative culture that recognizes initiative and hard work.

Job Details

Note : Applications will be accepted until 11 : 59 PM on the day prior to the application deadline date above.

Equal Opportunity

At RBC, we value an inclusive workplace with diverse perspectives. RBC is committed to equal opportunity employment and fostering a respectful, diverse, and inclusive environment.

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