Associate - U.S. AML & Financial Crimes

RBC is a leading bank seeking an Associate for their U.S. AML & Financial Crimes team. The role involves coordinating risk-based investigations and alerts related to money laundering and financial crimes, while ensuring compliance with regulatory requirements and internal policies.

Responsibilities

• Coordinate, conduct and complete risk-based alert and investigations in support of the US Cash Management business
• Act as SME for RBC 3 World Financial Center Branch Cash Management Business
• Through the gathering, analysis, and evaluation of relevant information, determine whether sufficient suspicion exists of money laundering, financing of terrorism or other criminal activities, to justify closing or escalating alerts into cases while meeting internal benchmarks and service level agreement
• As required, obtain approval, and recommend SAR filings to Regulatory Authority for the purpose of complying with regulatory requirements and mitigating risk to RBC in line with established organizational policies
• Assist with completion of day-to-day tasks covering information sharing requests, supervision of transaction monitoring alerts, investigations, policies and procedures and reporting as it relates to the global CM businesses
• Plan, conduct and complete risk-based transaction monitoring of RBC’s US Cash Management clients
• Plan, conduct and complete investigations including a regulatory filing recommendation into relevant matters across RBC’s US Cash Management business, including but not limited to those originating from
• Provide monthly and ad hoc reporting to management in order to provide required statistics and figures on the cash management business
• Work closely with the US Cash Management business, assisting with AML training when required and helping build and maintain the existing US Cash Management transaction monitoring processes
• Assist with the distribution, tracking and reporting related to information sharing requests pursuant to Section 314(a) and 314(b) of the USA PATRIOT Act response to RBC’s US Businesses and maintain supporting documentation
• Promote, support and adhere to RBC’s policies and guidelines on Code of Conduct, Personal and Professional Development, Equal Opportunities, Health & Safety, Data Protection and Information Security, in accordance with published Policy / Guidance documents and protocols

Skills

• Bachelor's degree required
• 1+ year cash management/AML & Financial Crimes experience
• Working knowledge of anti-money laundering related requirements including applicable regulations in the US
• Strong research, writing and analytical skills
• Ability to impact and influence
• Excellent communication skills (especially writing)
• Ability to multi-task and work in a fast-paced changing environment effectively managing tight deadlines
• Effective and strong written and oral communication skills
• Intuitive and inquisitive thinker – demonstrated critical thinking skills
• Highly developed organizational skills
• Skilled in Microsoft Office Outlook, Excel, Word applications

Benefits

• Discretionary bonus
• 401(k) program with company-matching contributions
• Health, dental, vision, life and disability insurance
• Paid time-off plan

Company Overview

Company H1B Sponsorship