Description
As Director, Financial Crimes Risk Assessment, you are responsible for designing and executing the enterprise risk assessment. You will identify and assess inherent risks and control effectiveness, demonstrate compliance, and identify opportunities to optimise the financial crimes program.
Key Responsibilities:
- Lead the enterprise-wide assessment of financial crimes risks and controls globally and across RBC platforms, business units, and jurisdictions.
- Develop capabilities to enable quantitative and qualitative assessment of inherent risks, control effectiveness, and residual risk.
- Perform expert analysis to identify concentrations of risk and adequacy of controls to inform risk mitigation strategies.
- Deliver high-quality risk assessment products to support regulatory compliance and inform business decisions.
- Remain up-to-date with emerging risks and evolving regulatory environments to refine RBC's risk assessment approach.
Additional Responsibilities:
- Lead the efficient execution of enterprise-wide risk assessment activities.
- Develop and improve the Enterprise Risk Assessment Methodology and operating procedures.
- Identify gaps and opportunities to enhance risk assessment data integration, tools, and processes.
- Collaborate across financial crimes programs to establish risk rating frameworks, validate results, and produce reports.
- Establish roadmaps and provide regular reporting on risk assessment activities.
- Identify and escalate material risk exposures and control gaps.
- Support regulatory exams, audits, and internal reviews related to risk assessment activities.
- Monitor changes in AML/ATF regulations and participate in industry-related initiatives.
Requirements:
- Post-secondary education or equivalent.
- Proven experience with executing financial crime risk assessments.
- Strong ability to evaluate and design risk assessment capabilities and tools.
- Deep understanding of the global financial crime regulatory environment.
- Ability to synthesise complex data into clear, actionable insights.
- Experience working with cross-functional teams and project management.
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?
- Comprehensive Total Rewards Program including bonuses and flexible benefits.
- Competitive compensation and stock where applicable.
- Leaders who support your development through coaching and managing opportunities.
- Work in a dynamic, collaborative, progressive, and high-performing team.