Job Summary

You are part of a second line testing team responsible for performing Oversight Testing \"OT\" and Quality Assurance \"QA\" on all Sanction investigations from the Global Economic Sanctions (“GES”). As a subject matter expert, you will be proactively identifying risks and assess the relevant controls of the Sanctions processes. You are also responsible for providing management timely reporting and escalation on results of Continuous testing.

Job Description

What is the opportunity?

In support of the RBC Financial Crime Program, the \"Manager, Oversight Testing, Financial Crimes\" conducts independent oversight testing on the design and effectiveness of first and second Line of Defense controls related to RBC’s compliance with global economic sanctions laws and regulations as part of Global Economic Sanctions (GES) end-to-end review. This requires proactive participation with oversight scoping, fieldwork, and reporting of findings to relevant stakeholders as well as escalating issues to senior management, when necessary.

What will you do?

Responsible for supporting all Oversight Testing \"OT\" end-to-end activities for the Sanctions that may include payments and client/country screening, trade finance screening and securities blocking

Conduct regular OT Reviews as assigned

Stay current with Investigative Process Procedures and Guidelines

Awareness and follow-up on issues/recommendations and ensure resolution thereof in a timely and reasonable manner

Conduct/maintain trend analysis of results of oversight testing

Assists the Senior Manager OT in developing documented OT unit procedures/ standards, reviewing regularly, and updating as needed

Awareness of Regulatory Change Management changes, and ensuring they are incorporated in testing

Assists with preparing and delivering presentations to business partners, selecting the appropriate approach based on the audience

What do you need to succeed?

University degree in business, international affairs, or equivalent experience

ACSS or equivalent sanctions designation or obtain within a reasonable time

Strong knowledge of Sanctions process and risk

Understand issues management

Knowledge of Canadian and International Sanctions laws & regulations (ideally US, EU and UK)

Nice-to-have

CAMS designation preferable 

Knowledge of AML and ATF

Knowledge of RBC business units, products, and core RBC Sanctions (Central & Local) processes

Knowledge of Capital Markets or Wealth Management

Data Analytics skills

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

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 take on progressively greater accountabilities          

Access to a variety of job opportunities across business and geographies

Job Skills

Anti-Money Laundering (AML), Business Units, Critical Thinking, Decision Making, Detail-Oriented, End-to-End Testing, Management Reporting, Proactive Approach, Process Management, Risk Management

Additional Job Details

Address:

20 KING ST W:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

GROUP RISK MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-07-22

Application Deadline:

2025-08-13

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.

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