Senior Manager, CUSO Financial Crimes Regulatory Initiatives

What is the Opportunity?

Support the Combined U.S. Operations ("CUSO") Financial Crimes covered financial institutions in the execution and ongoing management of regulatory exams, internal audit engagements as well as related initiatives and priorities.

What will you do?

• Participate in the drafting and reviewing of regulatory or audit interaction documents and responses throughout the lifecycle of each engagement.

• Support the BSA/AML Officers in response to issues identified at the conclusion of an engagement, including the design of corrective actions recommended.

• Support the remediation process for regulatory issues and participate in ongoing meetings during the remediation lifecycle.

• Provide financial crime regulatory advisory support with business partners and second line of defense to identify and mitigate remediation risks and issues.

• Participate in the various reporting processes providing remediation progress, status, and challenges on behalf of BSA/AML Officers.

• Identify and escalate potential financial crimes risks and issues to Senior Management throughout the engagement or remediation process.

• Oversee materials provided to regulators as part of Ongoing Supervision requests.

What do you need to succeed?

Must-have

• Extensive knowledge of risk and compliance management, and/or governance practices, including a working knowledge of financial crime related program requirements relating to BSA, USA PATRIOT Act, OFAC, and FCPA.

• Effective and strong written and oral communication skills

• Ability to understand and articulate financial crime risks.

• Quickly adaptable to changing circumstances/priorities.

Nice-to-have

• Demonstrated experience leading or contributing to the design and implementation of financial crimes regulatory remediation and oversight activities.

• Intuitive and inquisitive thinker - demonstrated critical thinking skills.

• Capable of inspiring and influencing colleagues both upwards and downwards, internally, and externally.

• Strong knowledge and experience developing, coordinating, and preparing senior management reporting.

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.

The expected salary range for this particular position is $90,000-$160,000 (Minnesota), depending on your experience, skills, and registration status, market conditions and business needs.

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

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Additional Job Details

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

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.