What is the opportunity?

Reporting to the Manager Global Sanctions/Fraud Scanning, you are responsible for the fulfillment of all day-to-day activities relating to timely and accurate processing of all high-risk wire/payments/messages stopping in the RBC Sanction Scanning engine.  The incumbent will have global accountability relative to specific sanctions payments processing conducted on behalf of RBC via the following channels: SWIFT, RBC Express Wire Payments, SP&S (SWIFT Payments and Statements), EDI NETPAY, GRADS, Commercial Direct Payment Portal, IFT (International File Transaction), SAA, FEDLINE and Foreign Exchange Payments. Additionally, responsibilities include accountability for escalating all extreme high-risk processes associated with Sanctions processing to GES, AMLC and NFDG. Responsible to proactively monitor and resolve all false positive matches within the sanction scanning engine.

What will you do?

• Act as a first line reviewer for all potential sanction related messages
• Ensure all false positive matched transactions & payments are processed in accordance with the AML Compliance, Economic Sanctions policy, AML Regulatory requirements, CPA, LVTS, SWIFT, ACH & Banking Arrangement guidelines to avoid reputational risk, eliminate/minimize interest claims and potential losses to RBC & escalate all “positive matches” transactions to the Economic Sanctions Payments team / National Fraud Detection Group as required.
• Mitigate operational/transactional risk through proactive measures e.g., being aware of various cut-off times, accurate processing, and verification of payments.
• Responsible for providing a high level of service and support to a global client base by consistently meeting measurable service level agreements.
• Adhere to AML Economic Sanctions & AML Payments Compliance internal and mandatory, SOX, ICR, Internal Audit requirements.

What do you need to succeed?

Must have:

• Strong risk mindset
• Ability to work in a deadline driven / day and evening shift environment demonstrating flexibility to work occasional overtime and public holidays.
• Ability to multitask in various systems environments.
• Financial services experience
• Excellent written and digital communication skills.
• Good knowledge of AML Economic Sanctions and Payments
• Strong analytical, problem solving, organizational & decision-making skills.

Nice-to-have:

• Knowledge including BESS, SWIFT, RBC Express (Wires & SP&S), IntelliTrace Systems as well as manual processes.

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 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
• Flexible work/life balance options
• Opportunities to do challenging work.

#LI-Hybrid

#LI-POST

Job Skills

Active Learning, Adaptability, Communication, Critical Thinking, Customer Service, Detail-Oriented, Group Problem Solving, Interpersonal Relationship Management, Product Services

Additional Job Details

180 WELLINGTON ST W:TORONTO

TORONTO

Canada

0

Part time

Technology and Operations

Contract (Fixed Term)

Salaried

2024-01-16

2024-03-19