Job Description

Job Summary As the Manager, AML Compliance, you will be responsible for ensuring RBC\xe2\x80\x99s reputation is upheld, and relevant laws and regulations are complied by preventing illicit use of RBC\xe2\x80\x99s system for money laundering and terrorist financing.



What is the opportunity?

As the Manager, AML Compliance, you will be responsible for ensuring RBC\xe2\x80\x99s reputation is upheld, and relevant laws and regulations are complied by preventing illicit use of RBC\xe2\x80\x99s system for money laundering and terrorist financing.

What will you do?

• Assist business and support functions to comply with applicable legal, regulatory and internal requirements on AML and ABAC.
• Render prompt and constructive advice to business and support functions on AML and ABAC matters, especially around client due diligence.
• Review potential sanctions exception on wire payment flagged by system, and manually escalated by business and support functions.
• Keep abreast of legal and regulatory changes, and perform gap analysis where necessary. Act as key liaison officer with business and support functions to understand the change, and facilitate them to take required action timely.
• Manage information sharing (like best practice, benchmark etc.) with industry counterpart.
• Ensure all internal and external suspicious activity reporting, transaction monitoring and screening alerts are properly and timely handled.
• Contribute to Group\xe2\x80\x99s AML and ABAC project and initiative.
• Cultivate high AML and ABAC awareness and culture in the organization.
• Timely respond enquiry and request from regulatory authority, law enforcement unit, senior management and internal audit.

What do you need to succeed?

Must-have

• Degree or equivalent is required
• The role would typically require 4+ years compliance or AML work experience acquired from international bank or relevant regulatory authority
• Strong understanding on relevant products, services and transactions
• Strong knowledge on AML and ABAC legal and regulatory requirements, compliance principle and corporate governance.
• Strong compliance and risk control concept
• Ability to cope with highly demanding and fast paced business environment
• Competent to work in a matrix organization
• Demonstrate sound commercial experience and judgement
• Strong interpersonal, communication and negotiation skills, and with the ability to network, engage and influence

Nice-to-have

• AML qualification such as ACAMS, CAMLP, AML ECF etc. would be an advantage
• Expertise in use of data analytics would be an advantage

What\xe2\x80\x99s 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.

• Leaders who support your development through coaching and managing opportunities
• Work in a dynamic, collaborative, progressive and high-performing team
• A world-class training program in financial services
• Ability to make a difference and lasting impact.

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

Additional Job Details

Address: 8 Marina View:Singapore

City: Singapore

Country: Singapore

Work hours/week: 40

Employment Type: Full time

Platform: GROUP RISK MANAGEMENT

Job Type: Regular

Pay Type: Salaried

Posted Date: 2024-01-10

Application Deadline: 2024-02-11

Inclusion 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.

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.

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