Senior Manager, AML Risk Assessments

What is the opportunity?

As Senior Manager, AML Risk Assessment, you support the development, implementation, and maintenance of enterprise Anti-Money Laundering/Anti-Terrorist Financing (AML/ATF) Risk and Control Assessment processes. In this role, you will identify and assess inherent risks and control effectiveness, demonstrate compliance, and identify opportunities to optimize the financial crimes program.

What will you do?

• Support the design and execution of the enterprise-wide assessment of financial crimes risks and controls globally and across RBC Platforms, businesses units, and jurisdictions.
• Remain abreast of regulatory and industry developments to make appropriate updates to the RBC Enterprise AML/ATF Risk Assessment Methodology and supporting documents (procedures, training documentation, communication plans)
• Support the development of capabilities to enable the quantitative and qualitative assessment of inherent risks, control effectiveness, and residual risk. 
• Develop and maintain training material for AML/ATF Risk Assessment and Control Self Assessments
• Work with internal partners to identify pertinent risk factors and facilitate data collection and integration.
• Leverage data and statistical methods to evaluate, aggregate, visualize and report on AML risks and controls across the enterprise.
• Leverage AML expertise to establish and effectively challenge risk ratings for various and qualitative risk factors.
• Performing expert analysis to identify concentrations of risk and adequacy of controls to ultimately inform and recommend risk mitigation strategies.
• Delivering high-quality risk assessment products to support regulatory compliance and inform business decisions. 
• Working with internal partners to understand how the various components of the Financial Crimes and AML Program work together, providing feedback on best practices, including the development and maintenance of controls within Financial Crimes and AML

What do you need to succeed?

Must-have:

• Post-secondary education or equivalent
• 2+ years of relevant subject matter experience in risk management and compliance
• Knowledge of applicable laws and regulations related to AML and ATF
• Strong knowledge of risk and control environments
• Familiarity with a breadth of banking products and services
• Strong data literacy to interpret, challenge and assess quantitative outcomes

 Nice-to-Have

• Knowledge of RBC business units, and core Financial Crimes program areas
• Graduate degree (MBA or relevant subject matter area)
• Direct experience with Regulatory Compliance Management (RCM)
• Experience with analytic tools and technology (python, SQL, Tableau)
• Project management experience

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 including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in an agile, collaborative, progressive, and high-performing team
• The opportunity to interface with senior level executives from many different parts of the organization

Job Skills

Anti-Money Laundering (AML), Business Perspective, Client Counseling, Communication, Decision Making, Financial Regulation, Fraud Risk Management, Group Problem Solving, Internal Controls, Operational Integrity

Additional Job Details

20 KING ST W:TORONTOTorontoCanada37.5Full timeGROUP RISK MANAGEMENTRegularSalaried2025-09-152025-09-30

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.