Global Economic Sanctions Specialist
2 weeks ago
Job Summary
As a Global Economic Sanctions Specialist at Royal Bank of Canada, you will play a critical role in reviewing and decisioning payments to support global business units and local compliance teams. Your expertise will be essential in assessing and addressing sanctions risk in real-time, ensuring compliance with regulations such as US, UK, EU, and Canada.
Key Responsibilities
- Review real-time payment escalations and make decisions in accordance with applicable regulations.
- Act as the first point of referral for internal clients on economic sanction-related issues, seeking guidance when required from Manager/Senior Manager GES Payments.
- Engage Manager/Senior Manager GES Payments for complex cases that exceed established authority.
- Stay up-to-date with sanctions regulations to ensure knowledge remains current.
- Recommend the addition of entities/individuals on the RBC internal Watchlist to Manager/Senior Manager GES Payments where due diligence is conducted and an involvement with a sanctioned country or individual/entity is confirmed.
- Work on statutory holidays on a rotating basis to support global business lines.
Requirements
- Knowledge of Canadian and US sanction regulations.
- University Bachelor's Degree.
- Ability to work in the office a minimum of 2 days a week.
What We Offer
- A supportive learning environment to support purposeful career development.
- Opportunities to progress and grow.
- Take part in impactful work.
- Work within a team of passionate and innovative individuals.
Job Skills
- Anti-Money Laundering (AML),
- Communication,
- Data Gathering Analysis,
- Detail-Oriented,
- Financial Regulation,
- Fraud Risk Management,
- Group Problem Solving,
- Internal Controls,
- Operational Integrity,
- Process Management
Additional Job Details
Platform: GROUP RISK MANAGEMENT
Job Type: Contract (Fixed Term)
Pay Type: Salaried
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