Associate Director - Financial Crimes - Capital Markets Investigations

Job Summary

What is the Opportunity?

Coordinate, conduct and complete risk-based investigations in support of RBC's US and Global Capital Markets businesses, through the gathering, analysis and evaluation of relevant information in order to determine whether sufficient suspicion exists of money laundering, financing of terrorism or other criminal activities, to justify making a report to local US or international regulatory bodies for the purpose of complying with regulatory requirements and mitigating risk to RBC in line with established organizational policy.

Provide expertise in complex Capital Markets AML investigations and guidance on mitigating and future actions.

Support the Senior Director, Global Head of CM FIU, and the Director, Global Capital Markets FIU with respect to Global investigations and the continued development of the global CM FIU program as well as a focus as the subject matter expert for the US AML and Financial Crimes subjects.

What will you do?

• Gather information/intelligence from all available sources in order to determine whether sufficient suspicion of money laundering, financing of terrorism or other criminal activities exists, to justify making a report to the relevant Regulatory Authority for the purpose of complying with legislative/regulatory requirements, and mitigating risk to RBC in line with established organizational policy

• Plan, conduct and complete risk-based investigations including a regulatory filing recommendation into relevant matters across RBC's Capital Markets business, with primary focus in the U. S.

• Primary contact for US based referrals and US focused reviews; will provide SAR/No SAR recommendations directly to US AML and Financial Crimes management for all investigations conducted on US referrals and complete all required reporting elements, both external and internal

• Chair the US SAR Committee in reference to investigations handled by global investigators that require a US reporting decision

• Provide supervisory oversight of US activity in cross-jurisdictional investigations conducted by other Global CM FIU team members, providing material input, prior to presentation at the US SAR Committee;

• Provide local engagement as needed with internal audit and testing teams as well as local regulators with respect to US investigations conducted by the Global FIU

• Share knowledge and experience with CM team members globally to assist in their comprehensive understanding of investigations conducted by the Global CM FIU

• Ensure that global investigation procedures align with US regulatory requirements and US local AML policies and procedures, and document all Global FIU investigation referrals to US procedural standards.

• Promote, support and adhere to RBC's policies and guidelines on Code of Conduct, Personal and Professional Development, Equal Opportunities, Health & Safety, Data Protection and Information Security, in accordance with published Policy / Guidance documents and protocols

• Where required attend internal committee meetings and external meetings related to Capital Markets on behalf of either the U. S. AML & Financial Crimes team and/or with the Senior Director, Global Head of CM FIU and/or Director, Global CM FIU

• Personally responsible and accountable for self-development and maintaining up to date knowledge, best practices and skills sets for relevant Capital Markets ML, Terrorist Financing (TF), sanction and other regulatory matters in support of the investigative function

• In conjunction with the local U. S AML & Financial Crimes management and Global CM management, proactively develops and maintains a network of internal partners and external peers (i. e. through SIFMA) in the industry, law enforcement and other relevant partners to support investigation requirements and to ensure the Global CM FIU is aware of current threats, opportunities and best practice in the industry

• Provide targeted training, coordinated by Global CM FIU, on emerging risks and trends in the CM space

What do you need to succeed?

• Minimum 4 years' experience in financial and money laundering crime investigation and / or a law enforcement / regulatory background and/or banking background.

• Demonstrable knowledge of Capital Markets products and their use in Financial Crimes

• Minimum 4 years' experience in financial and money laundering crime investigation and / or a law enforcement / regulatory background and/or banking background.

• Demonstrable knowledge of Capital Markets products and their use in Financial Crimes

Preferred:

• Knowledge of banking systems and processes

• In-depth knowledge of Capital Markets products, their trade lifecycles, settlement flows, and their use in Financial Crimes

• Strong AML knowledge

• FINRA securities licenses

• Strong knowledge of relevant predicate offences, e. g. Market Abuse

• Skilled in Open Source research

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 a dynamic, collaborative, progressive, and high-performing team

• Opportunities to do challenging work

• Opportunities to build close relationships with clients

The good-faith expected salary range for the above position is $110,000 - $190,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

• Drives RBC's high performance culture

• Enables collective achievement of our strategic goals

• Generates sustainable shareholder returns and above market shareholder value

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