Manager, Sanctions Governance

Job Description

What is the opportunity?

The Global Economic Sanctions (GES) team is a unique function within the Financial Crimes that provides support to Global Financial Crimes teams and Business Units at an enterprise level for Canadian, US, UK, EU/Europe, APAC and Caribbean economic sanctions.

We are seeking a highly motivated Manager to support the execution and continuous enhancement of the Sanctions Risk Assessment process, with a focus on reviewing control effectiveness, interpreting data outputs, and supporting automation requirements.

This role involves participating in the execution of enterprise questionnaires, reviewing and challenging inputs and outputs, and helping ensure consistency, traceability, and automation across the risk assessment lifecycle.

*This is a 11 month contract role*

What will you do?

• Support the end-to-end execution of sanctions risk assessment activities across business units and jurisdictions

• Conduct the Review and Challenge of

  • Sanctions Control Self-Assessments Questionnaires

  • Qualitative Risk Questionnaires

  • Product & Service Questionnaires

• Review large amount of quantitative data which feeds into the risk assessment to calculate quantitative risk rating, and conduct Review & Challenge on calculation outputs and quantitative risk metrics

• Provide automation requirements across the sanctions risk assessment process, including:

  • Quality checks on questionnaire responses

  • Logic for auto-adjudication to streamline review and challenge

  • Risk flagging mechanisms based on common patterns of data or control errors

• Review outputs of the automation scripts to ensure they reflect business rules, logic documentation, and risk expectations

• Analyze client, transaction, and product data to draw meaningful risk observations and help identify inconsistencies, high-risk patterns, or data quality concerns

• Support the completion of enterprise-wide questionnaires and coordinate with local teams on jurisdiction-specific input

• Produce risk assessment result visualization and draft formal Sanctions Risk Assessment Reports, at assessment unit, segment, Board, and enterprise level, as require, synthesizing:

  • Risk ratings and contributing drivers

  • Control performance and gaps

  • Data limitations and caveats

  • Recommendations and observations

• Collaborate with compliance, data, and technology stakeholders to discuss input/output data and resolve risk assessment-related queries

• Assist in managing multiple deliverables across tight timelines, while maintaining high attention to detail

• Perform other governance responsibilities, as required, including;

  • Produce sanctions dashboard and management reporting on sanctions compliance program

  • Assist in audit, testing or regulatory exams related to sanctions

  • Assist in tracking and closing sanctions-related issues

  • Assess and review sanctions policies and procedures developed by global business units and/or local compliance teams; review and recommend amendments to the enterprise sanctions policy based on knowledge of the global sanctions environment

  • Develop and update sanctions related training

  • Complete other ad-hoc assignments supporting GES program oversight team

What do you need to succeed?

Must-have

• 3+ years of experience in risk management, compliance, internal audit, 2nd line testing, or regulatory reporting within financial services

• Experience with risk assessments or quality assurance reviews

• Experience working with data inputs/outputs and interpreting them in a business or risk context, including high proficiency in Microsoft Excel (e.g. pivot table, complex formula, VBA etc.)

• Strong communication skills and experience engaging with senior stakeholders

• Excellent writing and analysis skills, particularly in formal risk assessment reporting and result visualization

Nice-to-have

• Exposure to sanctions controls, financial crime risk, or operational risk reviews

• CAMS, CSS or equivalent sanctions or AML certification

What's in it for you?

We thrive on the challenge to be our best, progressive thinking 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 include competitive compensation and flexible benefits

• Leaders who support your development through coaching and managing opportunities.

• Ability to make a difference and lasting impact.

• Work in a dynamic, collaborative, progressive, and high-performing team.

• Opportunities to do challenging work.

• Opportunities to build close relationships with clients.

#LI – POST

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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At 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.

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