What is the opportunity?
In this role, you will provide support to the Global Transaction Banking (GTB) Due Diligence (DD) team and the business, in performing customer due diligence, client risk assessment, and other first line of defense (LOD) AML/KYC activities.
What will you do?
- As part of client due diligence, the analyst ensures that information obtained is of high quality, is consistent with Policies and Procedures, and satisfies local and RBC Enterprise regulatory requirements.
- Performs Client Risk Scoring, Client Identification, and KYC documentation reviews for on boarding (new clients/accounts) and KYC Refresh/Remediation (existing clients/accounts).
- Updates RBC Capital Markets KYC systems and databases with the most current AML/KYC client information.
- Escalates high risk records or applications to the Vice President (VP), Due Diligence or AML Compliance as appropriate, and obtain sign-off as per established COE policies and procedures.
- Tracks and reports on file progress including percentage completed, sign off status, pending responses, and action plan to obtain necessary information.
- Provides support to other DD staff and responds to day to day questions as they relate to client review efforts.
- Generates required information and data to support periodic Management, Compliance, and Audit reporting.
- Participates in related industry seminars and training as needed to enhance the knowledge of, and keep pace with global KYC requirements.
- Participates in regular update meetings to identify gaps, address risks, and implement process improvements or efficiencies for the GTB DD team.
- Leverages and shares client and stakeholder feedback to enhance quality and client experience.
- Implements, or assists with the implementation of special projects and initiatives as assigned by the VP/Director, Due Diligence.
What do you need to succeed?
Must-have
- Relevant work experience in AML/KYC on boarding
- Strong understanding and subject matter expertise in AML
- Strong work ethic & attention to detail
- Proficient time management and organizational skills
- High level customer service and people skills
- Prior Experience with KYC documentation
Nice-to-have
- Bachelor’s Degree such as LLB or equivalent; or para-legal background
- CAMS or equivalent AML certification
- Prior experience in financial services
- Prior experience with documentation review
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 in Capital Markets and within other platforms as appropriate
- 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
- Access to a variety of job opportunities across business and geographies
Job Skills
Audits Compliance, Critical Thinking, Data Gathering Analysis, Decision Making, Industry Knowledge, Internal Controls, Interpersonal Relationship Management, Product Services, Risk Management, Strategic Thinking
