Analyst, Due Diligence (Six-Month Contract)

Job title: Analyst, Due Diligence (Six-Month Contract)

Company: Royal Bank of Canada


Job description: Job SummaryJob DescriptionWhat is the opportunity?In this role, you will provide support to the BB&E Due Diligence (DD) team and the business, in performing customer due diligence, client risk assessment, and other first line of defense (LOD) AML/KYC activities.***Please note, this is a Six-Month contract opportunity***What will you do?

• As part of client due diligence, the analyst ensures that information obtained is of high quality, is consistent with Policies and Procedures, and satisfies local and RBC Enterprise regulatory requirements.
• Performs Client Risk Scoring, Client Identification, and KYC documentation reviews for on boarding (new clients/accounts) and KYC Refresh/Remediation (existing clients/accounts).
• Updates RBC I&TS KYC systems and databases with the most current AML/KYC client information.
• Escalates high risk records or applications to the Senior Manager, Due Diligence or AML Compliance as appropriate, and obtain sign-off as per established COE policies and procedures.
• Tracks and reports on file progress including percentage completed, sign off status, pending responses, and action plan to obtain necessary information.
• Provides support to other DD staff and responds to day to day questions as they relate to client review efforts.
• Generates required information and data to support periodic Management, Compliance, and Audit reporting.
• Participates in related industry seminars and training as needed to enhance the knowledge of, and keep pace with global KYC requirements.
• Participates in regular update meetings to identify gaps, address risks, and implement process improvements or efficiencies for the BBE DD team.
• Leverages and shares client and stakeholder feedback to enhance quality and client experience.
• Implements, or assists with the implementation of special projects and initiatives as assigned by the Associate Director/Director, Due Diligence.

What do you need to succeed?Must-have

• Relevant work experience in AML/KYC on boarding
• Strong understanding and subject matter expertise in AML
• Strong work ethic & attention to detail
• Proficient time management and organizational skills
• High level customer service and people skills
• Prior Experience with KYC documentation

Nice-to-have

• Bachelor’s Degree such as LLB or equivalent; or para-legal background
• CAMS or equivalent AML certification
• Prior experience in financial services
• Prior experience with documentation review

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.

• Excellent exposure to communicate with various business partners and stakeholders in Investor & Treasury Services and within other platforms as appropriate
• Working with an exciting, close-knit, supportive & dynamic group
• Opportunity to collaborate with other business segments within the bank
• Excellent career development and progression opportunities
• A comprehensive Total Rewards Program including bonuses and flexible benefits
• Competitive compensation
• Access to a variety of job opportunities across business and geographies

Job Skills Audits Compliance, Critical Thinking, Data Gathering Analysis, Decision Making, Industry Knowledge, Internal Controls, Interpersonal Relationship Management, Product Services, Risk Management, Strategic ThinkingAdditional Job DetailsAddress: RBC CENTRE, 155 WELLINGTON ST W:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: CAPITAL MARKETSJob Type: Contract (Fixed Term)Pay Type: SalariedPosted Date: 2024-12-20Application Deadline: 2025-01-06Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion and Equal Opportunity EmploymentAt 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.Join our Talent CommunityStay 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 .

Expected salary:

Location: Toronto, ON

Job date: Wed, 25 Dec 2024 04:36:33 GMT

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