Royal Bank of Canada

Senior manager

Royal Bank of Canada • $110K — $130K *
Toronto, ON M3C 0E3In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 5-7 years of experience in Anti-Money Laundering (AML) or a related field
  • Strong analytical skills with a focus on predictive analytics and machine learning
  • Ability to collaborate across various departments and with external vendors
  • Familiarity with regulatory requirements and model validation
  • Experience in risk analysis and financial crime prevention

Responsibilities

  • Enhance and optimize AML Client Risk Rating models and methodologies using analytics
  • Identify trends and opportunities to improve the client risk rating program
  • Collaborate with global stakeholders to monitor financial crimes client risk
  • Manage AML client risk rating documentation and regulatory compliance
  • Develop new methods and tools for assessing risk exposure
  • Identify and implement industry best practices for AML processes

Benefits

  • Collaborative work environment with global stakeholders
  • Opportunity to innovate with advanced machine learning tools
  • Exposure to high-risk industries and strategic decision-making
  • Support with regulatory compliance and model validation
  • Development opportunities through exposure to industry best practices
Full Job Description
Job Description

The Senior Manager, Global AML Client Risk Rating uses their AML experience and analytic capabilities to enhance AML Client Risk Rating (CRR) models/methodology including predictive analytics and machine learning. The Senior Manager will collaborate with model/methodology developer, AML advisory, business, HRC Management and external vendors to facilitate efficient and effective implementation of RBC client due diligence process through process automation and analytics support. The Senior Manager will provide insight and oversight of RBC's AML client risk rating model/methodology and identify opportunities for tuning and optimization

Client Risk Rating Methodology
  • In coordination with global stakeholders, establish and monitor RBC's financial crimes client risk.
  • Perform analysis to identify trends, risks, and opportunities to continuously improve RBC's financial crimes client risk rating program.
  • Provide support on business requirements for CRR methodologies and maintain client risk rating models and methodologies.
  • Perform research and in-depth analysis on existing and emerging client segments, including the appropriate controls to manage specific client risk factors.
  • Apply strong analytic capabilities to develop and maintain CRR models
  • As part of AML client risk rating, tune and optimize CRR models/methodologies to ensure optimal efficiency and effectiveness along with maintaining CRR related documentation
  • Assess model/methodology effectiveness and efficiency (suitability) and AML expert judgment based on changes to RBC product offerings, services, customers and geography risk
  • Continuously identify new opportunities to streamline existing processes to improve compliance efficiency
  • Ensure that high-risk clients are subject to stricter controls and oversight to minimize AML risks


Documentation and CRR issue management:
  • Manage client risk rating documentation such as model white paper, annual assessments and model performance tracking etc.
  • Support regulatory requirements, IAS and model validation exams
  • Address and manage regulatory observations and open issues from audit/model validation issues timely


Innovation and Transformation:
  • Support development of new methods and tools for managing RBCs risk exposure to high-risk industries and sectors through machine learning initiatives and advanced dashboard capabilities
  • Partner with stakeholders, industry peers and external vendors to improve effectiveness and efficiency of the CRR program
  • Identifying industry best practices and new technologies for strategic consideration by the AML Monitoring and AML Governance Committee


Job Skills
Anti-Money Laundering (AML), Business Perspective, Communication, Decision Making, Due Diligence, Financial Regulation, Interpersonal Relationship Management, Operational Integrity, Organizational Governance, Process Management, Strategic Thinking

Additional Job Details

Address:

20 KING ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-08-21

Application Deadline:

2026-09-11
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

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.

Stay Connected

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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
Finance & Insurance
5 Year Trend
+8.7%
NASDAQ
RY
* Ladders Estimates

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