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Manager, HRC US Banking & Wealth

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RBC

4d ago

  • Job
    Full-time
    Senior Level
  • Legal
    Banking & Finance
  • Toronto
  • 7d left

AI generated summary

  • You must have post-secondary education, strong AML/Fraud knowledge, financial crimes experience, and excellent communication skills. CAMS certification is a plus.
  • You will conduct risk assessments, coordinate with teams for compliance, manage onboarding processes, coach employees, escalate issues, and maintain high service standards.

Requirements

  • Must have
  • Post-secondary education or equivalent experience
  • Strong Financial Crimes, AML/Fraud knowledge to prevent the use for RBC’s financial services for money laundering and terrorist financing.
  • Demonstrated knowledge of or experience in financial and money laundering crimes/High Risk Knowledge of and/ or experience in AML Compliance, Financial Crimes investigations (within law enforcement or banking), Financial regulatory body, or banking/finance
  • Effective and strong written and oral communication skills;
  • Nice to have
  • CAMS certification

Responsibilities

  • Conduct HRC EDD risk assessments for units supported by the HRC Team and ensure that the Global Standards for Client Risk Management (CRM) and EDD are executed consistently
  • Partner with the FIU, Insights & Analytics, and Global AML Compliance to ensure that HRC risk assessments are appropriately coordinated, routed, and escalated where relevant, using a risk-based approach
  • Manage the execution of the HRC processes (including on-boarding and periodic review) and ensure, where applicable, all regulatory timeframes are met
  • Create an environment and culture that allows us to attract and retain high performing employees
  • Help individuals and teams achieve high performance through building capabilities and effective coaching and performance management
  • Attend and actively participate in team discussions, coaching sessions, and the development and testing of new initiatives/ processes as required
  • Work with business partners and stakeholders to ensure that, where applicable, all issues /reviews are escalated appropriately within defined timelines and in accordance with RBC’s policies and procedures
  • Effectively communicate with business partners and stakeholders to ensure a high degree of service standards and client care focus is maintained

FAQs

What is the primary function of the Manager, HRC US Banking & Wealth role?

The primary function is to support the Senior Manager, High Risk Client Management by providing direction and execution in identifying, reviewing, managing, and escalating higher risk clients to mitigate financial, regulatory, reputational, and legal risks at RBC.

What qualifications are required for this position?

A post-secondary education or equivalent experience is required, along with strong knowledge in Financial Crimes, AML/Fraud prevention, and effective written and oral communication skills.

Is CAMS certification necessary for this role?

No, CAMS certification is not mandatory, but it is considered a nice-to-have qualification.

What type of training will be provided for this position?

The role may involve Anti Money Laundering training, along with ongoing professional development opportunities to ensure team knowledge is current.

What is the work environment like for this position?

The work environment is dynamic, collaborative, progressive, and high-performing, aimed at attracting and retaining high-performing employees.

What are the key responsibilities associated with this role?

Key responsibilities include conducting HRC EDD risk assessments, managing the execution of HRC processes, effective communication with stakeholders, and coaching team members to achieve high performance.

What kind of career development opportunities does RBC offer?

RBC offers a comprehensive Total Rewards Program, including coaching from leaders, opportunities for challenging work, and access to resources for professional growth.

Where is the position located?

The position is located at 20 King St W, Toronto, Canada.

What is the employment type for this role?

The employment type for this role is full-time.

Are there any initiatives in place for diversity and inclusion?

Yes, RBC is committed to embracing diversity and inclusion for innovation and growth and takes actions to tackle issues of inequity and systemic bias.

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.