Manager, Financial Crimes Oversight Testing

What is the opportunity?

You will be part of a second line testing team responsible for testing AML Investigations conducted by members of the AML FIU, which include Canadian FIU, AML Case Management and Global Capital Markets FIU.

You will be reporting to the Senior Manager, Financial Crimes Oversight Testing (FCOT), Continuous Quality Assurance (CQA) for AML FIU. The Manager, FCOT

CQA will execute consistent risk-based end to end CQA testing to improve the quality of AML investigations, as well as to mitigate the regulatory and reputational risks to the bank. You will be proactively identifying risks, trends, themes, and systemic breakdowns as it relates to AML FIU and their operational controls. You are also responsible for providing management timely reporting and escalation on results of oversight testing.

What will you do?

• Assists with the execution of the FCOT CQA Strategy including business acceptance
• Responsible for supporting all FCOT continuous testing activities for the investigation reviews
• Conduct CQA testing of the key AML controls in scope
• Issue formal reporting on all CQA testing
• Participate in the issue management process when issues are identified, providing effective challenge on action plans, and following up with issue owners to ensure issues can be closed within the expected completion date
• Assist with enhancing the overall FCOT CQA process including testing assessment and sampling methodology, as appropriate.
• Stay current with AML FIU Investigative Process Procedures and Guidelines
• Ensure all paper and electronic files are maintained appropriately. Create and maintain various AML documentation suitable for Audit and Regulatory review
• Contribute to development and implementation of common oversight testing Governance processes and associated reporting metrics
• Contribute to development and implementation of common continuous improvement criteria and measurements
• Assist with researching emerging trends/best practices and determining implications of proposed methodologies on meeting business unit strategy
• Demonstrate a quality service approach through willingness to accept new assignments and adapt to changing directives
• Assists the Senior Manager FCOT CQA in developing documented FCOT unit procedures/ standards, reviewing regularly, and updating as needed
• Proactively identify personal development opportunities
• Effectively communicates and builds rapport with team members, stakeholders and business partners using a variety of techniques and collaboration from initiation to close
• Participates in complex group meetings and information gathering sessions
• Assists with preparing and delivering presentations to business partners, selecting the appropriate approach based on the audience
• Resolves conflicts/issues and escalates others as appropriate

What do you need to succeed?
Must Have

• 3-5 years of experience in AML, 2nd line, or audit testing function
• Bachelor's Degree or commensurate work experience
• Strong knowledge of Canadian AML regulations, Terrorist Financing Act (PCMLTFA) and FINTRAC guidance/requirements
• Working background/experience with the major business segments of RBC or other FIs
• Very strong interpersonal and analytical skills
• Strong skills in Microsoft Office Applications (e.g. Excel, PowerPoint, creating charts/graphs for executive reporting etc.)
• Strong written and oral communication skills; business writing experience
• Ability to thrive in a high-pace and high-pressure working environment

Nice-to-have

• Certified Anti-Money Laundering Specialist (CAMS), Certified Financial Crime Specialist (AFCS) or other recognized AML/Financial Crimes certifications
• Experience as an AML SME within an Audit/Testing Function
• Data Analytics knowledge - data manipulation, analysis and validation skills, including high proficiency in MS Excel (e.g. pivot table, complex formula, VBA etc.)

What's in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive 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, commissions, and stock where applicable
• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive, and high-performing team
• A world-class training program in financial services
• Flexible work/life balance options
• Opportunities to take on progressively greater accountabilities
• Access to a variety of job opportunities across business and geographies

Job Skills

Additional Job Details

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