What is the opportunity?

The primary objective is to perform Second Line of Defense (2LoD) validations and sustainability testing for issue management and controls within central functions and Caribbean businesses, with a focus on Anti-Money Laundering (AML), Sanctions, and Anti-Bribery and Anti-Corruption (ABAC) regulations. Additionally, this role is responsible for maintaining the Financial Crimes Monitoring and Testing (FCOT) Canada (Enterprise) and Caribbean Test Schedule, as well as tracking and documenting the impact of regulatory updates/other trigger events on the FCOT testing program. This requires active participation in oversight planning, scoping, fieldwork, and reporting. Effective communication with stakeholders and senior management is also essential, providing regular updates on issue management findings and collaborating to address any identified issues.

What will you do?

Execute FCOT’s Issue Management Oversight Plan:

• Lead on the validation of Financial Crime issue closures for Canada and Caribbean with a view to confirming sustainability of controls/processes to mitigate repeat issues.
• Oversee Financial Crimes Issues Management activities including follow-up on the progress of Financial Crime issues to ensure resolution in a timely and reasonable manner or to ensure visibility of items that may slip or require extension, ensuring relevant approvals are obtained
• Provide effective challenge to ensure Financial Crime examination and self-identified issues and action plans are well-written and risk-appropriate, including assigned ratings for issues.

Execute FCOT’s Test Schedule:

• Develop and maintain schedule of testing activities and communicate plan with stakeholders covering Canada and Caribbean regions.
• Track, document and coordinate with applicable stakeholders testing deferrals, and schedule changes.
• Obtain and maintain necessary test schedule approvals and share with applicable stakeholders.

Document and track Regulatory changes impacting FCOT:

• Support with the development of FCOT’s Framework for Proactive Regulatory updates, including the development of standards, procedures and tools in support of implementation of the Framework.
• Track and maintain regulatory changes and impacts to FCOT testing ensuring informing the team and management.
• Conducting and document an impact analysis.
• Engage FCOT and / or other applicable stakeholder(s) to determine Regulatory impact on FCOT testing

Oversight and Reporting Activities:

• Provide support to senior management during audit and regulatory engagements.
• Keep abreast of regulatory trends and industry best practices.
• Contribute to ongoing and ad-hoc projects and initiatives, including those related to the operationalization of the Enterprise Issue Management program.

What do you need to succeed?

Must have:

• Bachelor’s Degree or equivalent work experience
• 5-7 years of experience in AML SME within a 2nd line or audit testing function.
• Very strong interpersonal and analytical skills
• Strong written and oral communication skills; business writing experience
• Very good working knowledge of Microsoft suite of software
• Knowledge of International laws and regulations related to AML and ATF
• Working background/experience with the major business segments of RBC or other FIs
• Experience as an AML SME within an Audit/Testing Function.

Nice to have:

• Certified Anti-Money Laundering Specialist (CAMS)
• Internal Compliance Association (ICA) – AML Certification/Diploma
• Certified Internal Auditor (CIA)
• Certified Financial Crimes Specialist (ACFS)

Job Skills

Anti-Money Laundering (AML), Business Perspective, Collaborating, Communication, Decision Making, Financial Regulation, Interpersonal Relationship Management, Issue Management, Organizational Governance, Risk Management, Stakeholder Relationship Management, Strategic Thinking

Additional Job Details

20 KING ST W:TORONTOTorontoCanada37.5Full timeGROUP RISK MANAGEMENTRegularSalaried2025-10-282025-11-07

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.