Job Description

Job Summary

Job Description

What is the Opportunity?

The Financial Crimes Investigator supports and / or performs the day-to-day execution of regulatory processes, particularly those designed to identify and mitigate Money Laundering / Terrorist Financing (“ML / TF”) risk such as Transaction Monitoring (“TM”), investigations, Suspicious Activity Reporting (“SAR”), and Official of Foreign Assets Control (“OFAC”) requirements.

Additionally, the Financial Crimes Investigator will support the ongoing Financial Crimes Compliance program through the execution of other regular processes related to regulatory or policy requirements, as required, which may include periodic oversight testing, maintenance of Anti-Money Laundering Counter Terrorist Financing (“AML / CTF”)-related processes, or other duties.

What will you do?

• 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.

What do you need to succeed?

• 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

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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.

• 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.

• Opportunities to do challenging work.

• Opportunities to build close relationships with clients.

You have the potential to earn more through RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

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 – Hybrid

#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:

8081 ARCO CORPORATE DRIVE:RALEIGH

City:

Raleigh

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:

2025-03-19

Application Deadline:

2025-05-31

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

I nclusion 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.
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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.

Job Tags

Full time, Local area, Flexible hours,

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