Director, Canadian Personal Banking AML FIU

Director, Canadian Personal Banking AML FIU

In support of the RBC AML Compliance Program, the Director has overall responsibility for leading teams responsible for the investigation of AML related concerns for specified business line(s) within mandate (e.g., Canadian retail banking and wealth management client(s), Caribbean retail clients, correspondent banking clients, and/or US retail banking). The Director also provides leadership and direction to Canadian based AML Investigations teams to ensure that RBC is in compliance with all applicable AML regulations as it relates to AML investigations.

What will you do?

• Lead a team of approximately 50 staff (direct and indirect) based in Toronto, Bedford and/or Vancouver responsible for AML related investigations involving clients for specified business line(s) within mandate (e.g., Canadian retail banking).
• Member of the strategic leadership for the Financial Crimes Investigation teams
• 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
• Continue the ongoing transformation of team from an independent investigations centre to a team of compliance and risk management professionals, integrated with Global AML Compliance
• 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 Leadership Model
• Act as a change agent to ensure AML FIU is an effective and efficient investigations unit
• 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

• Minimum 5 years’ experience in financial crime and/or money laundering investigations or risk management within a financial services environment
• Minimum 5+ years of people leadership experience, with demonstrated success leading large, diverse teams
• Broad knowledge of anti-money laundering related requirements and/or predicate offences including Fraud
• Sound knowledge of banking operations

Nice to have:

• Undergraduate degree— business preferred
• Certified Anti-Money Laundering Specialist (CAMS) designation

What’s in it for you?

We thrive on the challenge to be our best, thinking progressively 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 and flexible benefits
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in an agile, collaborative, progressive, and high-performing team
• The opportunity to interface with executives from many different parts of the organization

Key skills/competency

• Anti-Money Laundering (AML)
• Financial Crime Investigation
• Risk Management
• People Leadership
• Compliance Program Management
• Strategic Thinking
• Banking Operations
• Regulatory Compliance
• Team Transformation
• Fraud Investigation