Associate Director, Deputy to the BSA AML Officer, RBC Capital Markets- U.S. Financial Crimes
Associate Director, Deputy to the BSA AML Officer, RBC Capital Markets- U.S. Financial Crimes
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Job Summary
Job Description
What is the Opportunity
Support the BSA AML Officer of RBC Capital Markets LLC (RBCCM LLC) and RBC CMA Ltd (CMA) in the oversight and execution of Financial Crimes requirements of the for the broker dealer. Provide ongoing financial crimes subject matter and policy expertise to support the BSA AML Officer and with 1LOD 2LOD and 3LOD.
What will you do
Actively support the BSA AML Officer with Audit & Regulator engagement and assist with the timely resolution of requests for information and reporting
Coordinate with the BSA AML Officer in remediating any Audit or Regulatory identified issues
Assist the BSA Officer with the oversight monitoring and effective challenge of the control environment
Facilitate the development of controls for mitigating financial crimes risks and identify gaps/remedial steps (issue management) meeting regulatory requirements and other expectations
Support the BSA Officer in managing the New Business Committee (NBC) Financial Crimes requirements and process as it relates to new or expanding products and services to evaluate financial crimes risks and controls as well as coordinating with global CM Financial Crime stakeholders on shared products
Act as subject matter expert with respect to Financial Crimes requirements including handling AML inquiries with 1LOD infrastructure groups
Review and advise with the relevant teams in the creation of AML surveillance rules data feeds interfaces and address other issues required for the effective functioning of the AML monitoring system
Provide oversight over the Capital Markets FIUs transaction monitoring teams review and resolution of detection incidents (system alerts) generated
Provide ongoing supervision guidance and assistance with Suspicious Activity Report filings for the broker dealer with FinCEN and ensuring proper risk mitigation
Support the BSA Officer to provide material input into the Risk Assessment for the broker dealer
Advise on product risk and assess impact to the Client Risk Rating model and Risk Assessment
Assist in drafting the quarterly US CM Quarterly AML Report and presenting to the BSA AML Officers and US senior financial crimes management (i.e. metrics analysis on trends issue management etc.) and other reporting as applicable (i.e. regulatory)
Active member of the CUSO Financial Crime Management Committee
Act as subject matter expert with respect to Financial Crimes requirements including handling AML inquiries from the front and back office and infrastructure groups
What do you need to succeed
4 years of relevant work experience
Extensive knowledge of risk management and anti-money laundering related requirements including BSA USA PATRIOT Act OFAC FCPA and other applicable U.S. regulations
Strong knowledge of the broker dealer (e.g. securities; investment banking; etc.) and understanding of their associated overall financial crimes risks e.g. market manipulation & insider trading
In-depth knowledge of Capital Markets products their trade lifecycles settlement flows and their use in Financial Crimes
Knowledge of systems (especially related to suspicious activity monitoring technology and database management preferred
Understanding of relevant emerging risks a plus (e.g. cryptocurrency) preferred
Skilled in Investigative Open-Source research preferred
University degree preferred
Effective and strong written and oral communication skills
Intuitive and inquisitive thinker demonstrated critical thinking skills
Strong interpersonal skills
Ability to impact influence and take the initiative.
Highly developed organizational skills
Ability to understand and articulate financial crime risks as perceived in specific cases and more broadly;
Skilled in Microsoft Office Outlook Excel Word applications. (Level 2 or above)
Frequent expenditure of effort (about 2 to 4 hours at a time on average) resulting from activities such as the preparation of complicated reports or analysis requiring extensive attention to detail and / or extensive concentration when using a computer with limited opportunity to exercise choice of action
Whats 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
Ability to make a difference and lasting impact
Work in a dynamic collaborative progressive and high-performing team
Opportunities to do challenging work
Opportunities to build close relationships with clients
The good-faith expected salary range for the above position is $110000 - $190000 (New Jersey) depending on factors including but not limited to the candidates experience skills registration status; market conditions; and business salary range does not include other elements of total compensation including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health dental vision life and disability insurance; and paid time-off plan. RBCs compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting engaging and retaining talent that:
Drives RBCs high performance culture
Enables collective achievement of our strategic goals
Generates sustainable shareholder returns and above market shareholder value
#LI POST
Job Skills
Adaptability Critical Thinking Customer Service Detail-Oriented Financial Engineering Financial Statement Analysis Investments Analysis Personal Development Personal Initiative TeamworkAdditional Job Details
Address:
City:
Country:
Work hours/week:
Employment Type:
Platform:
Job Type:
Pay Type:
Posted Date:
Application Deadline:
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 .
Required Experience:
Director
Employment Type
Full-Time
