AML Investigator
| Company | Royal Bank of Canada |
|---|---|
| Location | Raleigh, NC, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Mid Level, Senior |
Requirements
- 2+ years of AML investigation experience
- Bachelor’s Degree or equivalent experience
- Knowledge of risk management and anti-money laundering related requirements domestically including Bank Secrecy Act (“BSA”), USA PATRIOT Act, OFAC and other U.S. regulations, such as Foreign Corrupt Practices Act (“FCPA”)
- Sound knowledge of global AML / CTF requirements
- Ability to consistently manage multiple priorities
- Strong analytical skills
- Ability to make sound independent decisions upon review of facts and circumstances
- Strong written and verbal communication skills
- Experience serving in an investigative capacity; assessing client risks, transactions, and activity; and providing ongoing recommendations to effectively manage risk appetite
- Strong knowledge of Microsoft suite software (e.g., Word, Excel, PowerPoint)
- Strong organizational / time-management skill
- Certified Anti-Money Laundering Specialist (“CAMS”) designation preferred
Responsibilities
- Assist the Director, Financial Crimes Compliance (BSA Officer); Senior Manager, Financial Crimes Program Governance (Deputy BSA Officer); and Senior Manager, Financial Crimes Investigations with the ongoing maintenance of the Financial Crimes Compliance Program for RBC Bank and RBC U.S. Wealth Management (“WM”) Credit Branch.
- Review manual and / or automated escalations to sustain an effective Financial Crimes TM process for RBC Bank and RBC U.S. WM Credit Branch.
- Conduct investigations and maintain appropriate documentation for all conclusions.
- Make recommendations for the filing of SARs and/or demarketing of clients.
- Prepare timely and thorough SARs, as necessary.
- Support Global Financial Crimes investigations and/or demarketing efforts involving RBC Bank or RBC U.S. WM Credit Branch clients, working with colleagues across Global Financial Crimes on joint investigations, as needed.
- Review cash activity for any concerns and complete regulatory reporting as necessary.
- Support RBC Bank Fraud as necessary on Fraud Investigations and complete related SARs.
- Execution of Section 314(a) searches and resolution of potential matches, as needed.
- Assist in management of 314(b) information sharing process.
- Serve as escalation point for potential sanctions hits as identified through Control List Filter (“CLF”) and other local OFAC processes.
- Engage with the respective lines of businesses to ensure questions regarding clients are answered timely and effectively.
- Maintain compliance-related records to include fraud attempts, criminal subpoenas, and other relevant tracking sheets.
Preferred Qualifications
- Certified Anti-Money Laundering Specialist (“CAMS”) designation preferred