Senior Manager, Global Client & Payment Screening

Job Description

What is the opportunity? In support of the RBC Global Financial Crime Program, the Senior Manager of Global Client and Payment Screening will be given the opportunity to utilize their understanding of risk management / compliance processes, exceptional judgement and business savviness to assist with the Global Client and Payments Screening team’s vision of achieving the best-in-class screening programs.

The ideal candidate will have experience working with AML / Sanctions or risk management systems and will have a solid understanding of the risks and impacts that money laundering, corruption and terrorist financing has on financial institutions globally.

The candidate must possess exceptional analytical and written communication skills with a keen attention to detail in order to effectively test and tune scanning models, document model assessments, and provide valuable insights for driving the success of screening solutions.

Preference will be given to candidates with knowledge of SWIFT payments and wire payment screening applications. The incumbent will provide continuous support to the Global Financial Investigations Unit and Global Economic Sanctions. What will you do?

• Support, maintenance and enhancement of RBC’s global client and payment screening models; as well as the development and maintenance of model white papers and process documents.
• Document, track and maintain client and model monitoring assessment artifacts for client and payment screening
• Team lead on SWIFT initiatives aimed at improving cross-border payment processing (i.e., Global Screening Services, adoption of ISO 20022 )
• Execute scheduled performance monitoring reviews of fuzzy name settings on client and payment screening engines and provide input for improving accuracy and efficiency of output
• Assist with building standards for qualitative and quantitative testing of client and payment scanning models to allow for repeatable and effective tuning of models, and where applicable identification and mitigation of risks
• Conduct effectiveness testing, analysis, and change management of client & payment screening programs utilizing appropriate methodologies (e.

g. initial threshold setting, tuning, and above-the-line testing / below-the-line testing methodologies)

• Conduct analysis of key data elements globally for identifying data quality issues impacting effectiveness of screening solutions
• Identify performance trends of scanning models and recommends initiatives to address deficiencies and improve model effectiveness.
• Support ad-hoc and project-related requests for the collection of information related to internal, audit and regulatory requests.
• Key point of contact for production / operational support requests related to sanctions, PEP, internal list and media scanning
• Work collaboratively with cross functional teams and stakeholders to identify scanning gaps and enhancements, communicate / initiate required changes where applicable.
• Support development of business requirements for projects impacting screening, including changes to client and payment feeds

What do you need to succeed? Must-have

• 2+ years of experience supporting compliance / risk initiatives preferably in a large financial institution
• Outstanding documentation skills and the ability to effectively express ideas with others clearly and concisely
• Strong critical thinking and analytical skills needed for detection and evaluation of concerns and risks impeding the effectiveness of scanning programs
• Experience working with Microsoft Office applications, proven proficiency working with advanced Excel functions, and a willingness to learn data extraction / analysis techniques if not already proficient
• Basic knowledge of related regulatory requirements including Sanctions, KYC, AML, ATF Policies and / or operational risk self-assessment procedures.
• Intellectual curiosity and creative thinking required to drive change, address risks and drive business results
• Must be a self-starter, innovative and adaptive to be successful in this role
• Bachelor’s degree in a business, computer science, finance or other related field

Nice-to-have

• Knowledge of FircoSoft applications
• Experience in the banking or financial services industry analyzing and testing AML financial crime and compliance models / systems
• Prior experience extracting and analyzing data particularly in the areas of entity and alert resolution
• Experience designing compliance tuning and configuration methodologies
• Knowledge of data extraction tools such as SQL SAS and Python
• Experience working with visualization software (e.g. Tableau)

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
• 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 Business, Communication, Critical Thinking, Data Administration, Data Mining, Data Modeling, Data Movement, Detail-Oriented, Group Problem Solving, Quantitative Research, Research Documents, Risk Management Information Systems, Work Collaboratively Additional Job Details

Address :

20 KING ST W : TORONTO

City : TORONTO

TORONTO

Country : Canada

Canada

Work hours / week : 37.5

37.5

Employment Type : Full time

Full time

Platform :

GROUP RISK MANAGEMENT

Job Type : Regular

Regular

Pay Type : Salaried

Salaried

Posted Date : 2024-05-23

2024-05-23

Application Deadline :

2024-06-07

I nclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work.

We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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