Manager- High Risk Sectors

Job DescriptionWhat is the opportunity?The Manager, High Risk Sectors provides direction and/or execution of core risk decisions related to the identification, review, management, escalation, and approvals of higher risk clients, with a focus on Money Services Businesses (MSBs). This includes initial and periodic enhanced due diligence (EDD) processes to identify and address financial, regulatory, reputational, and legal risk. This role also supports the management and prioritization of team workflows/queues and may include people management. The role also includes on-going professional development to ensure knowledge is current and comprehensive with a thorough understanding of AML / CTF risk and associated regulatory requirements.What will you do?Prioritize and manage the team’s EDD workflow and ensure that the Global Standards for Client Risk Management (CRM) and EDD are executed consistently;Complete risk assessments and execute approval process as applicable for High Risk Clients, partnering with the appropriate Money Laundering Reporting Officers,  Business stakeholders, Law Group and CIS as required;Review and provide quality assurance to completed EDD risk assessments, where applicable;Communicate and follow up with business partners and/or stakeholders to obtain required information and/or documentation pertaining to risk assessment to ensure reviews / reports are completed within a timely manner;Escalate any gaps or issues identified in policies and procedures to strengthen the bank’s AML compliance program;Provide input into the development of processes, guidance documents, tools and job aids as required, in order to enhance the HRCM Strategy and ensure compliance with regulatory and policy requirements. Help to foster an environment and culture aligned to RBC values and which allows us to attract and retain high performing employeesWhat do you need to succeed?Must-haveEffective and strong written and oral communication skills;Highly developed organizational skills and the ability to work within strict deadlines;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 Working knowledge of AML compliance requirements and regulations for Canada, US, Caribbean and other jurisdictions where RBC operates. Experience working in law enforcement or the financial sector or financial regulatory oversight.Skilled in Microsoft Office, specifically Excel, Word and Outlook (Level 2 or above).University degree or equivalent experienceNice-to-haveSome management experience.CAMS designationWhat is in it for you? We thrive on the challenge to be our best, progressive thinking, to keep growing, and working together to build and deliver trusted reporting to help our stakeholders succeed 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, competitive compensation,Ability to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamOpportunities to take on progressively greater accountabilities         Job SkillsAnti-Money Laundering Compliance, Critical Thinking, Data Compilation, Data Gathering Analysis, Detail-Oriented, Enhanced Due Diligence, Financial Regulation, Fraud Risk Management, Group Problem Solving, Internal Controls, Operational Integrity, Prioritization, Process Management, Professional Writing, Risk Management, TeamworkAdditional Job DetailsAddress:20 KING ST W:TORONTOCity:TorontoCountry:CanadaWork hours/week:37.5Employment Type:Full timePlatform:GROUP RISK MANAGEMENTJob Type:RegularPay Type:SalariedPosted Date:2025-11-27Application Deadline:2025-12-13Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion and Equal Opportunity EmploymentAt RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.Join our Talent CommunityStay 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.