Senior Manager, Financial Crimes Model Validation Governance

What is the opportunity?

The Financial Crimes Model Validation Governance person is responsible to coordinate multiple initiatives within the Model Risk Management framework, ensures adherence to model risk policies and regulatory standards (SR 11-7 and E-23), and serves as the primary point of contact for Enterprise Model Inventory reporting. Key responsibilities include preparing management reports, organizing governance and committee meetings with stakeholders, and maintaining awareness of evolving regulatory requirements and industry best practices. This position is essential for ensuring the team operates efficiently while remaining compliant with enterprise model risk guidelines and external regulatory expectations.

What will you do?

• Managing day-to-day operational and tactical aspects of multiple projects in support of the FC Model Validation team, including model validation governance and regulatory project support. 
• Coordinates Model Risk Management activities to ensure project and risk objectives are accomplished within approved timeframes and comply to model risk policy and standards.
• To support the Financial Crimes (FC) Model Validation team preparing and delivering key management reporting.
• Coordinate and conduct all governance and committee meetings for Financial Crimes (FC) Model Validation team including all relevant stakeholders.
• Be the person of contact (POC) for Financial Crimes team for all reporting related to Enterprise Model Inventory system.
• Keep abreast of regulatory requirements and industry best practices on model risk management.
• Support the development of monitoring activities and reporting within the Model Validation team, including tools or dashboard to efficiently prepare reports and KPIs on the results of model breaches.
• Assist the team in managing model validation pipeline; focusing on proactive management of business priorities, compliance dates, and regulatory requirements.
• Coordinate AML/ATF governance and committee meetings for Financial Crimes (FC) Model Validation team with relevant stakeholders.
• Prepare and provide management responses and materials as requested by internal audit and regulators.
• Act as the point of contact (POC) for Financial Crimes team for all reporting related to Enterprise Model Inventory system (i.e. model attestation ensuring FC models are accurate and up to date)

What do you need to succeed?

Must have

• Bachelor’s Degree (e.g.  Finance, Accounting, or related discipline
• Strong understanding of Model risk guidelines; SR 11-7 and E-23.
• Strong interpersonal and analytical skills
• Strong written and oral communication skills (business writing experience)
• Strong knowledge regulations related to AML, ATF, Sanctions and ABAC
• Very good working knowledge of Microsoft suite of software

Nice to have

• ACAMS, PRM 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 including bonuses and flexible benefits and competitive compensation

• 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

Job Skills

Communication, Decision Making, Interpersonal Relationship Management, Management Reporting, Organizational Governance, Process Management, Risk Policies, Strategic Thinking

Additional Job Details

20 KING ST W:TORONTOTorontoCanada37.5Full timeGROUP RISK MANAGEMENTRegularSalaried2026-02-172026-03-05

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.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.