Senior Financial Crimes Specialist, Major Financial Crimes

Job Description

What is the Opportunity?

The Senior Financial Crimes Specialist, Major Financial Crimes, plans and coordinates proactive MFC investigations identified through internal analysis and network exploration, and provides clearly reasoned and timely outcomes, findings and actions for the purpose of mitigating financial, regulatory, reputational and legal risk to RBC, consistent with putting our clients first.

Key aspects of the role include:

• As an individual contributor, plans and leads end-to-end investigations including those stemming from external intelligence 

• Provides expertise in complex AML, TF and Transnational Organized Crime investigations

• Manages major investigative projects and acts as a SME on AML and TF typologies

• Participates, in a leading role, in the testing, development, rollout and training for new FIU capabilities and/or tool enhancements

• Works with other FIU partners to ensure that investigations are referred or possibly escalated where relevant and that investigations are conducted within defined RBC guidelines, processes and procedures, and are conducted using a risk-based approach

• Responsible for individual quantitative and qualitative benchmarks

What will you do?

• Analyze external intelligence reports with emphasis on ML and TF indicators, and where required, plan, conduct and complete risk-based investigations utilizing all available investigative methods and tools

• Analyze data using custom network detection solutions including Quantexa with emphasis on ML and TF indicators, and where required, plan, conduct and complete risk-based investigations utilizing all available investigative methods and tools.

• Collaborate with Insight & Analytics colleagues on enriching and expanding suspect networks targeting national priorities such as human trafficking, narcotics trafficking and organized crime.

• Complete STRs for submission to FINTRAC in consultation with Director, MFC

• Complete investigation reports for submission to the Client File Review (CFR) Committee in consultation with Director, MFC

• Where required attend committee meetings in liaison with Director, MFC

• Mentor and Coach team members for on-going professional development to ensure that individuals and collective team knowledge is current and comprehensive to support the investigation process and to ensure that outcomes, including decisions and recommendations are based on a thorough understanding of risk and made in the context of relevant and full knowledge.

• Personally responsible and accountable for self-development and maintaining up to date knowledge, best practices and skill sets for relevant ML, TF, sanction and other regulatory matters in support of the investigative function

• Provide advice, guidance and, within policy, direction to internal clients and other team members on ML and related issues, seeking guidance when required from supervisors and other colleagues

• In conjunction with the Director, MFC proactively develops and maintains a network of internal partners and external peers in the industry, law enforcement and other relevant partners to support investigation requirements and to ensure the FIU is aware of current threats, opportunities and best practice in the industry
   

What do you need to succeed?

Must-have

• Minimum 3 years' experience in financial and money laundering crime investigation and / or a law enforcement / regulatory background and/or banking background.

• Strong AML knowledge

• Effective and strong written and oral communication skills.

• Intuitive and inquisitive thinker – demonstrated critical thinking skills.

• Strong interpersonal / interviewing skills.

• Highly developed organizational skills.

• Skilled in Microsoft Office Outlook, Excel, Word applications. – (Level 2 or above).

Nice-to-have

• University degree or equivalent experience

• Certified Anti-Money Laundering Specialist (CAMS) designation (or able to attain within 6 months)

• Knowledge of banking systems and processes

• Knowledge of law enforcement requests and production order processes

• Strong knowledge of relevant predicate offences, e.g. fraud is considered an advantage

• Skilled in Open Source research

• Knowledge of networking software such Quantexa and i2 is considered an asset

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.

• Excellent exposure to communicate with various business partners and stakeholders within other platforms as appropriate

• Opportunity to obtain hands-on experience throughout your role

• Working with an exciting, close-knit, supportive & dynamic group

• Opportunity to collaborate with other business segments within the bank

• Excellent career development and progression opportunities

• A comprehensive Total Rewards Program including bonuses and flexible benefits

• Competitive compensation

Job Skills

Analytical Thinking, Commercial Laws, Communication, Equal Employment Opportunity Law, Fraud Management, Fraud Risk Management, Legal Practices, Long Term Planning, Quality Orientation

Additional Job Details

Address:

20 KING ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Application Deadline:

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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