Royal Bank of Canada

Senior Manager SAR/STR Assessment

Royal Bank of Canada$110K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Post-secondary education or equivalent.
  • 5+ years of financial crimes investigative, analytic and leadership experience.
  • Experience with collaborative strategy development and communication.
  • Experience communicating to regulators, auditors and senior management.
  • Familiarity with AML legislation and regulations.

Responsibilities

  • Lead enterprise-wide assessments of SAR/STR programs for effectiveness.
  • Assess and refine SAR/STR processes for regulatory compliance.
  • Identify gaps in SAR/STR processes and recommend data-driven improvements.
  • Define risk positions for emerging threats and align policies accordingly.
  • Maintain methodologies and documentation to demonstrate program strength.
  • Partner with stakeholders to implement process enhancements.
  • Extract insights from SAR/STR data to detect patterns and emerging risks.

Benefits

  • Comprehensive Total Rewards Program including bonuses and flexible benefits.
  • Leaders who support development through coaching and management opportunities.
  • Opportunities to make a lasting impact.
  • Dynamic, collaborative, and high-performing team environment.
  • World-class training program in financial services.
  • Challenging work opportunities.
Full Job Description
Job Description

What is the opportunity?

Are you passionate about turning data into information and information into knowledge?
In this role, you'll lead end-to-end assessments of Suspicious Activity Reports (SARs) and Suspicious Transaction Reports (STRs), analyzing trends and extracting actionable intelligence. You will execute assessments that demonstrate our program's robustness to regulators and stakeholders, while converting insights into tangible operational improvements. Drawing on your deep financial crime expertise and analytical rigor, you'll collaborate across teams to benchmark performance, implement strategic enhancements, and evolve our policies and risk frameworks.

What will you do?
  • Lead End-to-End Assessments: Support enterprise-wide assessments of SAR/STR programs to evaluate effectiveness of SAR/STR metrics (completeness, timeliness, accuracy, precision), contribute to enhancement recommendations, regulatory alignment, and operational quality
  • Drive Regulatory Adherence: Assess and refine SAR/STR processes to ensure seamless alignment with regulatory standards, driving strategic enhancements that elevate program effectiveness and timeliness without compromising operational integrity.
  • Enhance Program Robustness: Identify gaps in SAR/STR processes and recommend data-driven improvements to detection and reporting.
  • Steward Risk Frameworks: Help define risk positions for emerging threats and align policies with RBC's risk appetite.
  • Support Governance: Maintain assessment methodologies, and documentation to demonstrate program strength to regulators.
  • Collaborate Strategically: Partner with stakeholders to implement process enhancements and ensure insights inform organizational initiatives.
  • Analyze and Assess SAR/STR: Extract insights from SAR/STR data to detect patterns, emerging risks, completeness, accuracy, and alignment with regulatory expectations, identifying areas for refinement opportunities for process improvement.
  • Evaluate Program Effectiveness: Measure the impact of SAR/STR initiatives against KPIs, benchmarking performance to industry standards.
  • Strategic Reporting: Prepare executive summaries and reports that translate insights into actionable recommendations for leadership.
  • Continuous Improvement: Lead workshops and discussions to share assessment learnings and drive a culture of proactive enhancement.
  • Collaborate Cross-Functionally: Engage with compliance analysts, legal teams, and operations to address escalations and process inefficiencies.


What do you need to succeed?

Must have
  • Post-secondary education or equivalent.
  • 5+ years of financial crimes investigative, analytic and leadership experience
  • Experience with collaborative strategy development & communication
  • Experience communicating to regulators, auditors and senior management
  • Familiarity with AML legislation and regulations


Nice to have
  • Graduate degree (MBA or relevant subject matter area)
  • Certified Anti-Money Laundering Specialist (CAMS) designation or other related certifications


What's in it for you?

  • 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
  • A world-class training program in financial services
  • Opportunities to do challenging work


Job Skills
Anti-Money Laundering (AML), Business Perspective, Communication, Decision Making, 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:

2026-08-12

Application Deadline:

2026-09-05
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.

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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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