City : HALIFAX, Nova Scotia, Canada

Category : Audit | Compliance | Legal | Risk

Industry : Financial/Banking

Employer : RBC

What is the opportunity?

This role is an exciting opportunity to jump into the world of Know Your Client (KYC) and become a subject matter expert in the onboarding activities of new and existing corporate customers to the investment banking division of RBC (Capital Markets). As a KYC Analyst, you are a valued member of the global KYC onboarding teams where your responsibilities include collecting regional KYC documentation to comply with local policies while managing risks through first line of defense duties. You will apply multi-jurisdictional Anti-Money Laundering (AML) policy requirements through end-to-end client due diligence (CDD) routines. You will liaise with internal stakeholders and customers to collate information while identifying any high risk factors which require enhance due diligence (EDD) assessments. In this role, you will demonstrate your ability to multi-task, strong organizational skills and be a team player to drive performance results independently and act as one team.

***Two positions available - KYC Analyst or Senior KYC Analyst, depending on the experience and background of the candidate***

What will you do?
•    Demonstrate your curiosity to learn, build relationships and display self-starter abilities to strengthen knowledge of AML regional policies (regions include Canada, U.K. and USA)
•    Partner and collaborate with various teams including sales coverage (Front Office), Client Experience Group, AML Advisory, High Risk Client to gather client documentation and information and identify risk factors requiring enhance due diligence assessments
•    Learn about multiple product offerings of Capital Markets and the associated due diligence requirements that apply for net new customers and existing customers with new products
•    Prove your performance or multi-tasking abilities by balancing multiple on-boarding requests (cases) in a fast paced and high volume environment
•    Identify risk factors such as high risk industries and client types for EDD assessment escalations and to adequately risk rate customers 
•    Perform CDD assessments of KYC information, conduct sanctions name screening and execute KYC processing on systems (Fenergo) for record keeping
•    Proactively provide status updates to internal stakeholders with effective communication while managing independent queue of case pipeline. Senior Analyst mentor and coach KYC Analysts and respond to stakeholder escalations ​
•    Provide subject matter expertise on regional AML procedure requirements to internal stakeholders and customer inquiries while mastering regulatory knowledge (e.g. FINTRAC, PCMLTFR, FINRA, BSA, FCA)
•    Collaborate with cross-regional KYC Analyst team to provide continuous time zone coverage
•    Act as one team to meet group targets, mandate requirements and share knowledge by developing internal guides to enhance proficiency and improve service delivery
•    Participate in intra-day and/or after hours system testing for process improvements
•    Be able to take on ad-hoc projects while maintaining high productivity levels
 
What do you need to succeed?
Must-have:
•    Bachelor Degree in Business, Finance, Accounting or other relevant field
•    2 years or more work experience in KYC, AML, due diligence, operations roles within the banking industry or similar compliance related roles
•    Excellent verbal and written communication skills with a client-first attitude
•    Operational mindset to work in a queue based environment with a focus on delivering results
•    Knowledge of regional regulatory requirements (IIROC/New SRO, OSFI, PCMLTFR, FINTRAC, FINRA, FCA, SEC, NFA, FCA etc.) and/or experience working with regulatory or rule based environments
•    High level of client focus with the aptitude to drive results and provide and receive constructive feedback
•    Prioritization skills and use productivity skills for transparency and accountability
•    Critical thinker with problem solving skills
•    Very good organizational skills and strong time management skills
•    Proficiency with MS Excel, MS Outlook and collaborative tools
•    Ability to work independently and in a fast paced environment with tight deadlines

Nice-to-Have:
•    Certified Anti-Money Laundering Specialist (CAMS) designation
•    Previous Capital Markets work experience or understanding of investment banking products
•    Operations or Technology degree, background, or experience
•    Experience with KYC technology tools such as Fenergo
•    Secondary language skills in French (written and oral)
 
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
•    Work in a dynamic, collaborative, progressive, and high-performing team
•    Opportunities to do challenging work
•    Opportunities to build close relationships with clients
•    Access to a variety of job opportunities across business and geographies
•    Opportunity to grow into successive leadership roles within KYC