Royal Bank of Canada

Senior AML Analyst

Royal Bank of Canada$70K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in financial services with a focus on AML, Audit, or Compliance.
  • In-depth knowledge of BSA, USA PATRIOT Act, OFAC, and other U.S. regulations.
  • Bachelor's degree in business, finance, or accounting; FINRA Series 7 license or willingness to obtain.
  • Strong communication and interpersonal skills for effective collaboration.
  • Ability to manage multiple priorities while meeting deadlines.
  • Highly detail-oriented with reliable and flexible work habits.
  • Discretion and sensitivity in escalations of issues.

Responsibilities

  • Provide credible challenge to AML processes using data analysis and regulatory knowledge.
  • Identify and research control environment concerns, offering actionable recommendations.
  • Manage the AML compliance framework, reviewing new regulations and procedures.
  • Coordinate audits and independent reviews related to AML compliance.
  • Test AML controls and maintain thorough documentation of findings and observations.
  • Deliver clear and professional testing results across various communication channels.
  • Propose enhancements to improve the U.S. Wealth Management AML Program's effectiveness.
  • Support risk assessment activities and collaborate on specific projects.

Benefits

  • Comprehensive Total Rewards including bonuses, flexible benefits, and competitive compensation.
  • Supportive leaders focused on coaching and development opportunities.
  • Chance to create a significant impact in the community.
  • Collaborative and progressive team environment.
  • Flexible work/life balance options available.
  • Opportunities for challenging work and career growth.
  • Access to a wide range of job opportunities within the organization.
Full Job Description
Job Description

What is the opportunity?

This position supports the AML Compliance function by executing program governance processes that maintain compliance with regulatory requirements and the firm's Anti-Money Laundering and Economic Sanctions Programs.

What will you do?
  • Provide credible challenge to U.S. Wealth Management AML processes through data analysis, testing, and knowledge of AML regulatory compliance framework.
  • Identify areas of concern in the control environment, research issues, and make recommendations as necessary
  • Manage the regulatory compliance management framework for the U.S. Wealth Management AML program, including review and analysis of new regulations, policies, procedures, and controls.
  • Coordinate exams, audits and independent reviews
  • Perform testing of AML and Economic Sanctions control processes, including the application of relevant laws, regulations, policies, and procedures. Maintain clear, concise, and appropriate documentation of work performed as well as synthesizing complex work papers into a summary report of issues and observations.
  • Deliver testing results in a professional manner through a variety of communication channels.
  • Proactively identify and recommend improvements to enhance the effectiveness or efficiency of the U.S. Wealth Management AML Program.
  • Assist in the comprehensive risk assessment of the U.S. Wealth Management AML Program.
  • Participate in relevant projects and support to ad hoc requests pertaining to the U.S. Wealth Management AML Program.


What do you need to succeed?

Must-have
  • Five or more years of experience in a financial services environment, with specific experience in AML,
    Audit, or Compliance.
    Extensive knowledge of regulatory/compliance risk management and anti-money laundering related
    requirements including BSA, USA PATRIOT Act, OFAC, and other applicable U.S. regulations.
  • Bachelor's degree, preferably in business, finance, or
    accounting.
    FINRA Series 7 license or willingness to obtain within
    six months of start date
  • Excellent communication and interpersonal skills.
  • Ability to prioritize and manage multiple tasks while ensuring that assigned job responsibilities and department goals are met.
  • Demonstrate reliability, confidence, self-direction, flexibility, and strong attention to detail.
  • Maintain accurate and complete records of actions taken with respect to job responsibilities.
  • Ability to identify and escalate sensitive issues with discretion.


Nice-to-have
  • Experience in testing, auditing, or quality control of compliance-related processes
  • Advanced computer skills and previous exposure to database or data analysis technologies
  • CAMS designation


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
  • Flexible work/life balance options
  • Opportunities to do challenging work
  • Opportunities to take on progressively greater accountabilities
  • Access to a variety of job opportunities across business


The good-faith expected salary range for the above position is $70,000 - $130,000 (Minnesota) 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.

#LI-POST

Job Skills
Anti-Money Laundering (AML), Communication, Data Gathering Analysis, Detail-Oriented, Financial Regulation, Fraud Risk Management, Group Problem Solving, Internal Controls, Operational Integrity, Process Management

Additional Job Details

Address:

250 NICOLLET MALL:MINNEAPOLIS

City:

Minneapolis

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-07-21

Application Deadline:

2026-07-24
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

About Royal Bank of Canada

Royal Bank of Canada Careers

Join the dynamic team at Royal Bank of Canada (RBC), a global leader in financial services and a company committed to excellence and innovation. At RBC, we offer a wide range of job opportunities that empower professionals to shape their career paths with leadership, diversity training, and continuous growth.

Work You’ll Do

At Royal Bank of Canada, we are not just hiring; we are building a culture of innovation and leadership. Our team members are at the forefront of the financial industry, driving transformation and delivering targeted solutions that meet the evolving needs of our clients and communities.

Explore Job Opportunities and Employment at RBC

Whether you are starting your career or looking to take it to the next level, RBC offers positions that challenge your skills and fuel your ambition. From entry-level positions to leadership roles, our job opportunities span across various functions and regions. Join us and be part of a team that values professional growth and diversity.

Internship and Professional Development

Kickstart your career with an internship at Royal Bank of Canada. Our internships provide invaluable hands-on experience, networking opportunities, and insights into the financial services industry. Interns at RBC gain the skills necessary to excel and are often considered for full-time positions within the company.

Benefits and Culture

At RBC, we prioritize the well-being and satisfaction of our employees. Our benefits package is designed to support our team members at every stage of their life and career. RBC’s culture is built on a foundation of respect, integrity, and responsibility, fostering an environment where everyone can thrive.

Career Growth and Innovation

We believe in nurturing the potential of our employees through continuous learning and career development programs. At RBC, you will find endless opportunities to grow professionally through on-the-job experiences, formal training programs, and leadership development initiatives. Our commitment to innovation means we are constantly seeking out new ideas and perspectives, making RBC a perfect place for those who aim to lead and innovate.

Diversity and Inclusion

Diversity is our strength. At Royal Bank of Canada, we are committed to building an inclusive workplace where every employee feels valued and respected. Our diversity training programs are designed to educate and inspire, creating a more inclusive and equitable workplace.

Join Our Team

Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. Start your journey with RBC today and be part of a world-class team known for its commitment to client service, community involvement, and innovation.

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Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities awaiting you at RBC. Explore the possibilities with Royal Bank of Canada, where your future is filled with potential and the path to success is paved with countless opportunities for professional and personal growth. Join us and shape not just your career but the future of the financial industry.
Learn more about Royal Bank of Canada
Size
86,007 employees
Market Cap
$130.3 billion
Industry
5 Year Trend
+8.7%
NASDAQ

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