Director, Canadian Wealth FIU
RBC Capital
Job Description
What is the opportunity?
The Director, Canadian Wealth FIU is responsible for leading and overseeing the team dedicated to investigating Anti-Money Laundering (AML) activities related to RBC’s Wealth and mass-affluent businesses in Canada and the Caribbean. The Director, Canadian Wealth FIU will provide leadership and direction to Canadian Wealth investigation staff to ensure RBC’s compliance with all applicable AML regulations as they relate to investigations.
What will you do?
- Lead a team based Toronto for AML related investigations involving Wealth businesses
- Manage the flow of investigation cases ensuring that all cases are worked in a timely manner and overall queue(s) of work are within agreed upon benchmarks
- Directly lead and conduct complex and sensitive investigations and cases
- Build strong stakeholder relationships across AML, wider GRM, and the business to ensure best outcomes for RBC in Wealth investigations
- Support the development and implementation of action plans in response to issues identified by internal oversight functions and regulatory entities
- Support the investigations program to ensure it is consistent with RBC’s Collective Ambition and the Cultural Transformation Leadership Model Act as a change agent to ensure the Canadian Wealth FIU is effective and efficient
- Support the AML program through the development of production metrics and reporting, as needed
- Work with the transaction monitoring rules development team to enhance the effectiveness AML rules and investigations
What do you need to succeed?
Must-have
- Undergraduate degree and potentially post-graduate degree - business and/or risk preferred
- ICA Diploma and/or Certified Anti-Money Laundering Specialist (CAMS) designation
- Strong knowledge of anti-money laundering related requirements in Canada and broad knowledge of regimes across RBC Wealth's footprint (UK, US, APAC)
- Strong knowledge of Wealth products and their use in financial crime
- Strong knowledge of Securities products and their use in financial crime
- Strong knowledge of relevant predicate offences, e.g. Tax Evasion and Market Abuse
- Proven Leadership and Management capabilities for large, diverse teams
- Prior AML investigative experience
- Sound knowledge of banking and securities operations
- Excellent written and verbal skills
- Excellent analytical and investigative skills
- Effective communication skills and proven ability to impact and influence
- Intuitive and inquisitive thinker demonstrated critical thinking skills.
- Strong interpersonal skills.
- Highly developed organizational skills.
- Ability to understand and articulate financial crime risks as perceived in specific cases and more broadly
Nice-to-have
- Post-graduate qualification in a relevant field (i.e. Masters in Finance, or risk)
What is 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, flexible benefits and competitive compensation
- Leaders who support your development through coaching and managing opportunities
- Opportunities to work with the best in the field
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- A world-class training program in financial services
- Flexible working options fully supported.
Job Skills
Anti-Money Laundering (AML), Business Perspective, Client Counseling, Communication, Decision Making, Financial Regulation, Interpersonal Relationship Management, Operational Integrity, Organizational Governance, Strategic ThinkingAdditional Job Details
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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Our Employment Opportunities
At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.
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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.