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Royal Bank of Canada

Senior Manager, Client Onboarding and Risk Management

Royal Bank of Canada, Toronto, ON


Job Summary

Job Description

What is the opportunity?

This is an opportunity to join a National Office business banking product team as a Senior Manager accountable for the execution and delivery of the High Risk Client (HRC) program within Business Financial Services (BFS). You will also support the development of programs, policies, procedures and digital channels as it relates to account opening and onboarding for business clients.

What will you do?
  • Manage the Business High Risk Client portfolio, including development of policies and processes around onboarding and maintenance/monitoring of High Risk Client types and segments. This also includes supporting any respective remediation activities, ongoing assessments of risk appetite, and partnering with Enterprise AML on their HRC programs
  • Ensure the High Risk Client program is compliant with AML laws and regulations while minimizing the potential impact on our clients
  • Provide general subject matter expertise and support day-to-day advisory and policy related requests in the policy inbox
  • Manage and assess policy exception requests or provide policy clarifications arising from AML out of orders, which includes review, investigation and recommendations for approval.
  • Support audit and compliance reviews and action plans to address policy gaps, issues and opportunities
  • Work with internal groups to lower error rates, improve service levels, and increase reliability to continually improve Client Satisfaction levels
  • Accountable for dashboard reporting including tracking to SLAs for files decisioned (including approvals, declines and/or de-market) as well as highlighting trends and issues
  • Support Director, Business Deposit Accounts & Client Risk Management with day-to-day governance over G2 policy, any related special initiatives including emerging regulatory initiatives or in support of the broader Business Deposit Account & Operating Services goals and objectives as needed


What do you need to succeed?

Must-have:
  • University degree or equivalent experience
  • Proven ability to manage multiple initiatives simultaneously
  • Demonstrated business agility and problem-solving experience and proactive, analytical mindset


Nice to have:
  • Experience & knowledge of AML risk and regulations
  • Experience in general risk management and compliance programs
  • Experience in banking industry including client management, sales and/or operational processes
  • Professional demeanor and comfort with verbal and written communication to different groups within the organization and varying seniority levels


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.
  • Ability to make a difference and lasting impact
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Opportunities to do challenging work


Job Skills

Additional Job Details

Address:

RBC WATERPARK PLACE, 88 QUEENS QUAY W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

PERSONAL & COMMERCIAL BANKING

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-09-16

Application Deadline:

2024-09-30

Inclusion 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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