Manager, Global Fc Model Validation

1 month ago

Toronto, Canada RBC - Royal Bank Full time

Job Summary

Job Description

What is the opportunity?

As a Manager of Global Financial Crimes Model Validation you will support daily execution within the team to ensure that RBC is maintaining the ongoing effectiveness of Financial Crimes monitoring program. You will report to the Senior Manager of Financial Crime Model Validation as an individual contributor, and will implement and execute substantive financial crimes risk management practices relevant to models and related Frameworks. This includes the defining and scoping the validation required of new/existing models. You provide continuous close support to Global FC Validation team by implementing successful FC strategies within RBC.

What will you do?

  • Validation of Sanction Screening models and ensuring model outputs comply with regulatory and business requirements
  • Proactively challenge financial crime models and methodologies.
  • Detect and counteract emerging risks related to financial crimes and continuously assess RBC's risk exposure.
  • Articulate the scope and approach of enterprise-wide model validation to RBC Management, External Regulators, and Internal Audit.
  • Develop clear concepts, execute plans efficiently, and deliver organized results.
  • Collaborate with FC Model Validation Senior Managers and Directors to make model-related decisions.
  • Communicate inherent model risks and limitations effectively.
  • Develop and challenge assumptions, conceptual soundness, model performance and process and evaluate metrics during each validation and document results in validation reports.
  • Contribute to research and development with risk-focused techniques.
  • Demonstrate key competencies: Adaptability, Change Management, Teamwork & Collaboration, Problem Solving, and Planning.


What do you need to succeed?
Qualifications:

  • 3+ years of related Financial Crimes experience
  • Strong written and oral communication skills; business writing experience
  • Strong interpersonal and analytical skills
  • Good working knowledge of Microsoft suite and other data mining applications (Python, SAS, R, and SQL)
  • Knowledge of regulations related to Financial Crimes
  • Bachelor's degree in a relevant field (Finance, Data Science, etc.

Job Skills

Analytical Thinking, Communication, Data Analytics, Group Problem Solving, Model Validation

Additional Job Details

Address:

20 KING ST W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-04-02

Application Deadline:

2024-04-24

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
​​​​​​​
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

Join our Talent Community

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

  • Manager, Global Fc Model Validation

    4 weeks ago

    Toronto, Ontario, Canada RBC - Royal Bank Full time

    Job SummaryJob DescriptionWhat is the opportunity? As a Manager of Global Financial Crimes Model Validation you will support daily execution within the team to ensure that RBC is maintaining the ongoing effectiveness of Financial Crimes monitoring program. You will report to the Senior Manager of Financial Crime Model Validation as an individual contributor,...

  • Director, Global Fc Model Validation

    4 weeks ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** **What is the opportunity?** As the Director of the Financial Crimes Model Validation Team, you’ll lead a team of experts in validating and optimizing our AML and financial crimes models. Your deep understanding of AML processes, regulatory expectations, and risk management will drive our success in safeguarding the Bank against financial...

  • Manager Erm Model Validation

    1 month ago

    Toronto, Canada Canada Life Assurance Company Full time

    **Job Description**: Enterprise Risk Management (ERM), part of the Global Risk and Compliance Function, designs, coordinates, implements, and maintains core risk management processes across all regions, business units, and risk types within Great-West Lifeco. Our processes facilitate the Corporation’s enterprise risk management framework and ensure...

  • Model Validation

    4 weeks ago

    Toronto, Canada SCFF LLC Full time

    Key Responsibilities: - Validate complex financial models used in risk management, pricing, and decision-making processes - Develop and maintain validation standards, procedures, and best practices to ensure model accuracy and reliability - Collaborate with cross-functional teams, including model developers, risk management, and finance, to ensure models...

  • Director, Model Validation and Analytics

    4 weeks ago

    Toronto, Ontario, Canada Healthcare of Ontario Pension Plan (HOOPP) Full time

    Why you'll love working here:high-performance, people-focused cultureour commitment that equity, diversity, and inclusion are fundamental to our work environment and business success, which helps employees feel valued and empowered to be their authentic selveslearning and development initiatives, including workshops, Speaker Series events and access to...

  • Global Partnerships Marketing Intern

    1 month ago

    Toronto, Canada MLSE Full time

    Company Description At Maple Leaf Sports & Entertainment Partnership (MLSE), we are committed to creating an inclusive workplace that is representative of our community and where all employees feel they belong and can reach their full potential. We are Canada’s preeminent leader in delivering top quality sport and entertainment experiences and one of...

  • Financial Engineer

    2 weeks ago

    Toronto, Canada SS&C Technologies Holdings Full time

    Job Description Financial Engineer (Validation)Location(s):      Toronto, CanadaGet To Know The Team:At SS&C Technologies, collaboration is our superpower. By leveraging each other’s strengths and curiosity, we’ve been able to build best-in-class products, financial model validation team, and culture.We are seeking a talented individual to join the...

  • Model Validation Quantitative Associate– Market Risk

    4 weeks ago

    Toronto, Canada MUFG Full time

    Do you want your voice heard and your actions to count? Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we’re 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term...

  • Financial Engineer

    1 week ago

    Old Toronto, Canada SS&C Technologies Canada Corp. Full time

    Financial Engineer (Validation) page is loaded Financial Engineer (Validation) Apply locations Toronto, Canada time type Full time posted on Posted 3 Days Ago job requisition id R22052 SS&C is a global provider of investment and financial services and software for the financial services and healthcare industries. Named to...

  • Financial Engineer

    1 week ago

    Old Toronto, Canada SS&C Technologies Canada Corp. Full time

    Financial Engineer (Validation) page is loaded Financial Engineer (Validation) Apply locations Toronto, Canada time type Full time posted on Posted 3 Days Ago job requisition id R22052 SS&C is a global provider of investment and financial services and software for the financial services and healthcare industries. Named to...

  • Financial Engineer

    1 week ago

    Old Toronto, Canada SS&C Technologies Canada Corp. Full time

    Financial Engineer (Validation) page is loaded Financial Engineer (Validation) Apply locations Toronto, Canada time type Full time posted on Posted 3 Days Ago job requisition id R22052 SS&C is a global provider of investment and financial services and software for the financial services and healthcare industries. Named to...

  • Financial Engineer

    1 week ago

    Toronto, ON, Canada SS&C Technologies Canada Corp. Full time

    Financial Engineer (Validation) page is loaded Financial Engineer (Validation) Apply locations Toronto, Canada time type Full time posted on Posted 3 Days Ago job requisition id R22052 SS&C is a global provider of investment and financial services and software for the financial services and healthcare industries. Named to Fortune 1000 list as top U.S....

  • Senior audit group manager, global models audit

    1 day ago

    Old Toronto, Canada TD Full time

    Lieu de travail:Toronto, Ontario, CanadaHoraire:37.5Secteur d’activité:AuditDétails de la rémunération :Nous avons à cœur d’offrir une rémunération juste et équitable à tous nos collègues. En votre qualité de candidat ou de candidate, nous vous encourageons à avoir une conversation franche avec votre recruteur et à poser des questions sur...

  • Senior audit group manager, global models audit

    1 day ago

    Old Toronto, Canada TD Full time

    Lieu de travail: Toronto, Ontario, CanadaHoraire: 37.5Secteur d’activité: AuditDétails de la rémunération : Nous avons à cœur d’offrir une rémunération juste et équitable à tous nos collègues. En votre qualité de candidat ou de candidate, nous vous encourageons à avoir une conversation franche avec votre recruteur et à poser des questions...

  • Senior audit group manager, global models audit

    1 day ago

    Old Toronto, Canada TD Full time

    Lieu de travail:Toronto, Ontario, CanadaHoraire:37.5Secteur d’activité:AuditDétails de la rémunération :Nous avons à cœur d’offrir une rémunération juste et équitable à tous nos collègues. En votre qualité de candidat ou de candidate, nous vous encourageons à avoir une conversation franche avec votre recruteur et à poser des questions sur...

  • Senior audit group manager, global models audit

    1 day ago

    Old Toronto, Canada TD Full time

    Lieu de travail:Toronto, Ontario, CanadaHoraire:37.5Secteur d’activité:AuditDétails de la rémunération :Nous avons à cœur d’offrir une rémunération juste et équitable à tous nos collègues. En votre qualité de candidat ou de candidate, nous vous encourageons à avoir une conversation franche avec votre recruteur et à poser des questions sur...

  • Financial Engineer

    1 week ago

    Toronto, ON, Canada SS&C Full time

    Financial Engineer (Validation) page is loaded Financial Engineer (Validation) Apply locations Toronto, Canada time type Full time posted on Posted 2 Days Ago job requisition id R22052 SS&C is a global provider of investment and financial services and software for the financial services and healthcare industries. Named to Fortune 1000 list as top U.S....

  • Financial Engineer

    1 week ago

    Old Toronto, Canada SS&C Full time

    Financial Engineer (Validation) page is loaded Financial Engineer (Validation) Apply locations Toronto, Canada time type Full time posted on Posted 2 Days Ago job requisition id R22052 SS&C is a global provider of investment and financial services and software for the financial services and healthcare industries. Named to...

  • Financial Engineer

    1 week ago

    Old Toronto, Canada SS&C Full time

    Financial Engineer (Validation) page is loaded Financial Engineer (Validation) Apply locations Toronto, Canada time type Full time posted on Posted 2 Days Ago job requisition id R22052 SS&C is a global provider of investment and financial services and software for the financial services and healthcare industries. Named to...

  • Financial Engineer

    1 week ago

    Old Toronto, Canada SS&C Full time

    Financial Engineer (Validation) page is loaded Financial Engineer (Validation) Apply locations Toronto, Canada time type Full time posted on Posted 2 Days Ago job requisition id R22052 SS&C is a global provider of investment and financial services and software for the financial services and healthcare industries. Named to...