Job Description

Overview What is the Opportunity? This position supports the AML Compliance function by executing various processes that maintain compliance with regulatory requirements and the firm's AML Program. Responsibilities Demonstrate industry, product, and process knowledge within area/department and to other areas within the firm. Conduct surveillance and investigative work to ensure the firm's AML Program stays within expected parameters. Understand regulatory and firm risks associated with work processes, how work is processed from beginning to end, and dependencies to other areas and departments. Provide enhanced customer service, process/data analysis, and problem solving within the area/department. Handle sensitive and escalated matters with discretion. Review and investigate alerts created from both automated and manual detection sources. Review client patterns from referrals, often relating to heightened issues, and other manual sources to identify situations requiring additional investigation. Utilize information found on internal systems (BETALink, Salesforce, ClientSource, PostEdge, etc.) as well as in the public domain to complete client and activity analysis and make informed conclusions. Initiate communication and escalate situations as necessary, engaging personnel within Compliance, Private Client Group, Clearing & Custody, and/or home office operations. Prepare concise, yet thorough, investigation summaries outlining relevant details to support a final outcome. Complete accurate Suspicious Activity Reports for timely submission to FinCEN. Apply logic and AML knowledge to investigations on a case-by-case basis, recognizing the subjective nature of each individual situation. Review scanning alerts to identify and mitigate both AML and sanctions risk. Proactively identify and recommend improvement opportunities related to department processes, procedures, and the firm's AML Program. Identify and communicate department guidelines, assist in building controls, and participate in data analysis, testing, and transaction monitoring alert reviews. Assist in the creation and amendment of job aids, policies, and procedures to ensure compliance and efficient practices. Participate in regulatory or audit documentation gathering, preparation, and analysis. Qualifications 2+ years of experience in a broker-dealer/financial services/banking environment, with specific experience in AML, Compliance, or RBC Operations Bachelor's degree, preferably in business, finance, accounting, or criminal justice FINRA Series 7 & 63 or 66, or willingness to obtain Knowledge of regulatory/compliance risk management and AML related requirements including BSA, USA PATRIOT Act, OFAC, and other applicable U.S. regulations Possess an understanding of the financial services industry, AML related regulations, and patterns of behavior that represent suspicious activity Knowledge of the securities industry and how it can be used for money laundering in order to provide effective guidance to other members of the department Excellent communication and interpersonal skills Advanced computer skills - previous experience with databases and querying capabilities a plus Ability to prioritize and manage multiple tasks while ensuring that assigned job responsibilities are completed Ability to understand and efficiently analyze information from multiple sources 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 including competitive compensation and flexible benefits, such as 401(k) 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 $50,000-$85,000 (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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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: 250 Nicollet Mall, Minneapolis, United States of America Work hours/week: 40 Employment Type: Full time Platform: GROUP RISK MANAGEMENT Job Type: Regular Pay Type: Salaried Posted Date: 2025-10-09 Application Deadline: 2025-12-06 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. Join our Talent Community: Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com. #J-18808-Ljbffr RBC Capital Markets, LLC

Job Tags

Full time, Home office, Flexible hours,

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