2025 Winter - Analyst, AML High Risk Client Management Intern (4 Months)

RBC

9d ago

Internship
Full-time
Placement Program
Banking & Finance
Toronto
15d left

AI generated summary

You must be pursuing a university degree, possess strong communication and analytical skills, be proficient in Microsoft Office, and thrive under pressure. AML knowledge is a plus.
You will analyze high-risk clients for AML/TF, conduct research, prepare risk assessments, assign risk ratings, assess alerts, and execute due diligence for effective risk management.

Requirements

Must-have
Pursuing a University degree
Strong written and oral communication skills
Excellent interpersonal skills
Strong investigative and problem solving skills
Strong analytical aptitude and risk mindset
Ability to work under pressure of tight deadlines, multiple tasks, and quick decisions
Skilled in Microsoft Office Outlook, Excel, Word applications (Level 2 or above)
Nice-to-have
Knowledge of banking systems and processes
Strong AML knowledge – CAMS designation preferable
Demonstrated knowledge of, or experience in, AML Compliance, Financial Crimes investigations (within law enforcement or the financial sector), or financial regulatory oversight
Strong knowledge of relevant predicate offences, e.g., fraud, is considered an advantage
Experience working in law enforcement or the financial sector or financial regulatory oversight
Skilled in open source research

Responsibilities

Conduct AML and TF analyses for higher risk clients in order to identify Key Risk Indicators (KRI) for the purpose of mitigating financial, regulatory, reputational and legal risks to RBC.
Conduct research and investigations using RBC approved techniques and tools to evaluate if a client presents a higher level of money laundering / terrorist financing, regulatory and reputational risk to the Bank.
Prepare accurate, organized, high quality written client risk assessments in order to provide a clear understanding of risks involved and to effectively communicate findings and recommendations.
Prioritize and prepare client risk assessments within defined RBC guidelines, policies and procedures, using a risk based approach, in order to facilitate Senior Management decision and approval.
Assign an appropriate risk rating to the bank’s clients in accordance with RBC’s risk rating methodology.
Review, triage and assess alerts and referrals in accordance with RBC policies and procedures to determine if further investigation is required.
Initiate and/or execute due diligence to determine whether an EDD review is required and if warranted, ensure the required information / documents have been received in order to understand the extent of the client relationship.

RBC

Ideas Happen Here.

Finance

Industry

10,001+

Employees

1864

Founded Year

Mission & Purpose

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 88,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.